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CEWE Stiftung KGaA (WBO:CWC) Cyclically Adjusted PB Ratio : 2.54 (As of May. 27, 2024)


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What is CEWE Stiftung KGaA Cyclically Adjusted PB Ratio?

As of today (2024-05-27), CEWE Stiftung KGaA's current share price is €103.80. CEWE Stiftung KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €40.82. CEWE Stiftung KGaA's Cyclically Adjusted PB Ratio for today is 2.54.

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

WBO:CWC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.54   Max: 4.9
Current: 2.56

During the past years, CEWE Stiftung KGaA's highest Cyclically Adjusted PB Ratio was 4.90. The lowest was 2.16. And the median was 3.54.

WBO:CWC's Cyclically Adjusted PB Ratio is ranked worse than
64.29% of 56 companies
in the Personal Services industry
Industry Median: 1.695 vs WBO:CWC: 2.56

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.

CEWE Stiftung KGaA's adjusted book value per share data for the three months ended in Mar. 2024 was €55.833. 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 €40.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEWE Stiftung KGaA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Cyclically Adjusted PB Ratio Chart

CEWE Stiftung KGaA 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 4.34 3.50 4.27 2.52 2.57

CEWE Stiftung KGaA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.58 2.42 2.27 2.57 2.54

Competitive Comparison of CEWE Stiftung KGaA's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, CEWE Stiftung KGaA'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.


CEWE Stiftung KGaA's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CEWE Stiftung KGaA 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.

CEWE Stiftung KGaA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.80/40.82
=2.54

* 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.

CEWE Stiftung KGaA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CEWE Stiftung KGaA's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=55.833/125.0381*125.0381
=55.833

Current CPI (Mar. 2024) = 125.0381.

CEWE Stiftung KGaA Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.398 99.543 25.622
201409 20.765 99.823 26.010
201412 24.395 99.543 30.643
201503 24.126 99.717 30.252
201506 22.200 100.417 27.643
201509 22.541 100.417 28.068
201512 26.126 99.717 32.760
201603 26.298 100.017 32.877
201606 24.059 100.717 29.869
201609 24.818 101.017 30.720
201612 28.480 101.217 35.183
201703 28.813 101.417 35.524
201706 26.977 102.117 33.032
201709 27.359 102.717 33.304
201712 31.426 102.617 38.292
201803 32.374 102.917 39.332
201806 29.999 104.017 36.061
201809 30.394 104.718 36.292
201812 35.388 104.217 42.458
201903 35.479 104.217 42.567
201906 32.786 105.718 38.778
201909 33.004 106.018 38.925
201912 37.393 105.818 44.185
202003 36.523 105.718 43.198
202006 36.632 106.618 42.961
202009 36.437 105.818 43.055
202012 41.753 105.518 49.477
202103 42.631 107.518 49.578
202106 40.368 108.486 46.527
202109 39.904 109.435 45.594
202112 46.701 110.384 52.901
202203 44.834 113.968 49.189
202206 43.041 115.760 46.491
202209 43.717 118.818 46.006
202212 51.253 119.345 53.698
202303 51.665 122.402 52.778
202306 48.728 123.140 49.479
202309 48.196 124.195 48.523
202312 55.662 123.773 56.231
202403 55.833 125.038 55.833

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.


CEWE Stiftung KGaA  (WBO:CWC) 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.


CEWE Stiftung KGaA Cyclically Adjusted PB Ratio Related Terms

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CEWE Stiftung KGaA (WBO:CWC) Business Description

Address
Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.

CEWE Stiftung KGaA (WBO:CWC) Headlines

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