Prime ASI (WAR:PRA) Cyclically Adjusted PB Ratio : 0.84 (As of Sep. 21, 2024)

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What is Prime ASI Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Prime ASI's current share price is zł2.06. Prime ASI's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was zł2.46. Prime ASI's Cyclically Adjusted PB Ratio for today is 0.84.

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

WAR:PRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.98
Current: 0.85

During the past years, Prime ASI's highest Cyclically Adjusted PB Ratio was 0.98. The lowest was 0.00. And the median was 0.00.

WAR:PRA's Cyclically Adjusted PB Ratio is ranked worse than
55.09% of 933 companies
in the Asset Management industry
Industry Median: 0.79 vs WAR:PRA: 0.85

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.

Prime ASI's adjusted book value per share data for the three months ended in Jun. 2024 was zł0.074. 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 zł2.46 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Prime ASI Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prime ASI'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.

Prime ASI Cyclically Adjusted PB Ratio Chart

Prime ASI Annual Data

Trend

Dec14

Dec15

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Dec20

Dec21

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Dec23

Cyclically Adjusted PB Ratio

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0.87

Prime ASI Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.51	0.85	0.87	0.88	0.89

Competitive Comparison of Prime ASI's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Prime ASI'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.

Prime ASI's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prime ASI's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Prime ASI 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.

Prime ASI's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	2.06	/	2.46
	=	0.84

Prime ASI's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Prime ASI's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book	=	Book Value per Share	/	CPI of Jun. 2024 (Change)	*	Current CPI (Jun. 2024)
	=	0.074	/	150.9971	*	150.9971
	=	0.074

Current CPI (Jun. 2024) = 150.9971.

Prime ASI Quarterly Data

	Book Value per Share	CPI	Adj_Book
201409	0.535	100.611	0.803
201412	15.278	100.122	23.041
201503	6.037	100.041	9.112
201506	8.154	100.448	12.257
201509	8.067	99.634	12.226
201512	7.515	99.471	11.408
201603	7.937	98.983	12.108
201606	7.437	99.552	11.280
201609	0.129	99.064	0.197
201612	0.231	100.366	0.348
201703	0.231	101.018	0.345
201706	0.230	101.180	0.343
201709	0.230	101.343	0.343
201712	0.230	102.564	0.339
201803	0.230	102.564	0.339
201806	0.230	103.378	0.336
201809	0.230	103.378	0.336
201812	0.078	103.785	0.113
201903	0.078	104.274	0.113
201906	0.078	105.983	0.111
201909	0.078	105.983	0.111
201912	0.005	107.123	0.007
202003	0.000	109.076	0.000
202006	0.004	109.402	0.006
202009	0.004	109.320	0.006
202012	0.004	109.565	0.006
202103	0.003	112.658	0.004
202106	0.005	113.960	0.007
202109	0.005	115.588	0.007
202112	0.002	119.088	0.003
202203	0.002	125.031	0.002
202206	0.002	131.705	0.002
202209	0.005	135.531	0.006
202212	0.005	139.113	0.005
202303	0.004	145.950	0.004
202306	0.004	147.009	0.004
202309	0.004	146.113	0.004
202312	0.012	147.741	0.012
202403	0.067	149.044	0.068
202406	0.074	150.997	0.074

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.

Prime ASI (WAR:PRA) 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.

Prime ASI Cyclically Adjusted PB Ratio Related Terms

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