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Golab (WAR:GOL) Cyclically Adjusted PB Ratio : 1.60 (As of Jun. 20, 2024)


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What is Golab Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Golab's current share price is zł0.16. Golab's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł0.10. Golab's Cyclically Adjusted PB Ratio for today is 1.60.

The historical rank and industry rank for Golab's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:GOL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.24
Current: 1.63

During the past years, Golab's highest Cyclically Adjusted PB Ratio was 2.24. The lowest was 0.00. And the median was 0.00.

WAR:GOL's Cyclically Adjusted PB Ratio is ranked worse than
65.55% of 865 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs WAR:GOL: 1.63

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Golab's adjusted book value per share data for the three months ended in Sep. 2023 was zł-0.003. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is zł0.10 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golab Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Golab's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Golab Cyclically Adjusted PB Ratio Chart

Golab Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.79 2.19

Golab Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.36 2.19 1.79 1.65 2.14

Competitive Comparison of Golab's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Golab's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golab's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Golab's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Golab's Cyclically Adjusted PB Ratio falls into.



Golab Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Golab's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.16/0.1
=1.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Golab's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Golab's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.003/146.1131*146.1131
=-0.003

Current CPI (Sep. 2023) = 146.1131.

Golab Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.167 101.018 0.242
201403 0.163 101.262 0.235
201406 0.153 101.180 0.221
201409 0.163 100.611 0.237
201412 0.127 100.122 0.185
201503 0.124 100.041 0.181
201506 0.121 100.448 0.176
201509 0.119 99.634 0.175
201512 0.112 99.471 0.165
201603 0.106 98.983 0.156
201606 0.099 99.552 0.145
201609 0.093 99.064 0.137
201612 0.087 100.366 0.127
201703 0.081 101.018 0.117
201706 0.055 101.180 0.079
201709 0.045 101.343 0.065
201712 0.063 102.564 0.090
201803 0.057 102.564 0.081
201806 0.051 103.378 0.072
201809 0.046 103.378 0.065
201812 0.039 103.785 0.055
201903 0.033 104.274 0.046
201906 0.077 105.983 0.106
201909 0.073 105.983 0.101
201912 0.067 107.123 0.091
202003 0.062 109.076 0.083
202006 0.058 109.402 0.077
202009 0.054 109.320 0.072
202012 0.049 109.565 0.065
202103 0.045 112.658 0.058
202106 0.040 113.960 0.051
202109 0.035 115.588 0.044
202112 0.028 119.088 0.034
202203 0.024 125.031 0.028
202206 0.021 131.705 0.023
202209 0.017 135.531 0.018
202212 0.009 139.113 0.009
202303 0.010 145.950 0.010
202306 0.001 147.009 0.001
202309 -0.003 146.113 -0.003

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Golab  (WAR:GOL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Golab Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Golab's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Golab (WAR:GOL) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Dworcowa 45, Zagan, POL, 68-100
Golab SA trades wool and woollen products. The company offers knitwear, roving, wool linen, blankets and rehabilitation products. Its services include dyeing, cleaning and washing fleece.

Golab (WAR:GOL) Headlines

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