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Lokaty Budowlane (WAR:LBD) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2025)


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What is Lokaty Budowlane Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lokaty Budowlane Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lokaty Budowlane'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.

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Lokaty Budowlane Cyclically Adjusted PB Ratio Chart

Lokaty Budowlane Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 41.95 - - -

Lokaty Budowlane Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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Competitive Comparison of Lokaty Budowlane's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Lokaty Budowlane'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.


Lokaty Budowlane's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lokaty Budowlane's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lokaty Budowlane 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.

Lokaty Budowlane's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Lokaty Budowlane's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.229/157.0208*157.0208
=-0.229

Current CPI (Mar. 2025) = 157.0208.

Lokaty Budowlane Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.184 100.041 0.289
201506 0.176 100.448 0.275
201509 0.183 99.634 0.288
201512 0.104 99.471 0.164
201603 0.104 98.983 0.165
201606 0.096 99.552 0.151
201609 0.068 99.064 0.108
201612 0.027 100.366 0.042
201703 0.019 101.018 0.030
201706 0.004 101.180 0.006
201709 -0.014 101.343 -0.022
201712 -0.035 102.564 -0.054
201803 -0.038 102.564 -0.058
201806 -0.040 103.378 -0.061
201809 -0.080 103.378 -0.122
201812 -0.124 103.785 -0.188
201903 -0.126 104.274 -0.190
201906 -0.089 105.983 -0.132
201909 -0.090 105.983 -0.133
201912 -0.379 107.123 -0.556
202003 -0.380 109.076 -0.547
202006 -0.380 109.402 -0.545
202009 -0.389 109.320 -0.559
202012 -0.390 109.565 -0.559
202103 -0.414 112.658 -0.577
202106 -0.395 113.960 -0.544
202109 -0.285 115.588 -0.387
202112 -0.263 119.088 -0.347
202203 -0.265 125.031 -0.333
202206 -0.266 131.705 -0.317
202209 -0.269 135.531 -0.312
202212 -0.278 139.113 -0.314
202303 -0.281 145.950 -0.302
202306 -0.283 147.009 -0.302
202309 -0.279 146.113 -0.300
202312 -0.281 147.741 -0.299
202403 -0.273 149.044 -0.288
202406 -0.264 150.997 -0.275
202409 -0.230 153.439 -0.235
202503 -0.229 157.021 -0.229

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.


Lokaty Budowlane  (WAR:LBD) 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.


Lokaty Budowlane Cyclically Adjusted PB Ratio Related Terms

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Lokaty Budowlane Business Description

Traded in Other Exchanges
N/A
Address
Popularna 19/2, Warsaw, POL, 02-473
Lokaty Budowlane SA is a development and construction company. The company is engaged in owning, operating and maintaining commercial buildings.

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