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Rational AG (WBO:RAA) Cyclically Adjusted PB Ratio : 18.00 (As of Sep. 24, 2024)


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What is Rational AG Cyclically Adjusted PB Ratio?

As of today (2024-09-24), Rational AG's current share price is €898.00. Rational AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €49.88. Rational AG's Cyclically Adjusted PB Ratio for today is 18.00.

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

WBO:RAA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.54   Med: 20.92   Max: 28.41
Current: 18.1

During the past years, Rational AG's highest Cyclically Adjusted PB Ratio was 28.41. The lowest was 10.54. And the median was 20.92.

WBO:RAA's Cyclically Adjusted PB Ratio is ranked worse than
98.22% of 1905 companies
in the Industrial Products industry
Industry Median: 1.74 vs WBO:RAA: 18.10

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.

Rational AG's adjusted book value per share data for the three months ended in Jun. 2024 was €61.757. 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 €49.88 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rational AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rational AG'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.

Rational AG Cyclically Adjusted PB Ratio Chart

Rational AG 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 24.79 24.34 25.15 13.22 14.89

Rational AG 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 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 14.73 12.97 14.89 16.50 15.67

Competitive Comparison of Rational AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Rational AG'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.


Rational AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rational AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rational AG 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.

Rational AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=898.00/49.88
=18.00

* 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.

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

For example, Rational AG'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)
=61.757/125.8815*125.8815
=61.757

Current CPI (Jun. 2024) = 125.8815.

Rational AG Quarterly Data

Book Value per Share CPI Adj_Book
201409 24.309 99.823 30.655
201412 27.324 99.543 34.554
201503 29.813 99.717 37.636
201506 25.584 100.417 32.072
201509 28.390 100.417 35.589
201512 31.320 99.717 39.538
201603 33.446 100.017 42.095
201606 28.751 100.717 35.935
201609 31.596 101.017 39.373
201612 34.913 101.217 43.421
201703 37.894 101.417 47.035
201706 30.489 102.117 37.584
201709 33.694 102.717 41.293
201712 37.337 102.617 45.802
201803 40.022 102.917 48.952
201806 32.357 104.017 39.158
201809 35.754 104.718 42.980
201812 40.063 104.217 48.391
201903 43.231 104.217 52.218
201906 37.297 105.718 44.411
201909 41.383 106.018 49.137
201912 45.503 105.818 54.131
202003 46.992 105.718 55.955
202006 41.466 106.618 48.958
202009 44.035 105.818 52.384
202012 47.062 105.518 56.145
202103 49.114 107.518 57.502
202106 47.829 108.486 55.498
202109 51.122 109.435 58.805
202112 53.063 110.384 60.513
202203 56.249 113.968 62.129
202206 49.254 115.760 53.560
202209 53.930 118.818 57.136
202212 59.476 119.345 62.734
202303 64.053 122.402 65.874
202306 55.347 123.140 56.579
202309 59.903 124.195 60.717
202312 64.961 123.773 66.068
202403 69.862 125.038 70.333
202406 61.757 125.882 61.757

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.


Rational AG  (WBO:RAA) 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.


Rational AG Cyclically Adjusted PB Ratio Related Terms

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


Rational AG Business Description

Traded in Other Exchanges
Address
Siegfried-Meister-Strasse 1, Landsberg am Lech, BY, DEU, 86899
Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 140 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.

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