GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TKH Group NV (XAMS:TWEKA) » Definitions » Cyclically Adjusted PB Ratio

TKH Group NV (XAMS:TWEKA) Cyclically Adjusted PB Ratio : 1.93 (As of May. 31, 2025)


View and export this data going back to 1984. Start your Free Trial

What is TKH Group NV Cyclically Adjusted PB Ratio?

As of today (2025-05-31), TKH Group NV's current share price is €38.02. TKH Group NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €19.66. TKH Group NV's Cyclically Adjusted PB Ratio for today is 1.93.

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

XAMS:TWEKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 3.42   Max: 5.65
Current: 1.85

During the past 13 years, TKH Group NV's highest Cyclically Adjusted PB Ratio was 5.65. The lowest was 1.68. And the median was 3.42.

XAMS:TWEKA's Cyclically Adjusted PB Ratio is ranked worse than
53.8% of 1922 companies
in the Hardware industry
Industry Median: 1.655 vs XAMS:TWEKA: 1.85

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.

TKH Group NV's adjusted book value per share data of for the fiscal year that ended in Dec24 was €22.143. 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 €19.66 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


TKH Group NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TKH Group NV'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.

TKH Group NV Cyclically Adjusted PB Ratio Chart

TKH Group NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 3.70 2.17 2.16 1.69

TKH Group NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.17 - 2.16 - 1.69

Competitive Comparison of TKH Group NV's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, TKH Group NV'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.


TKH Group NV's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TKH Group NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

TKH Group NV 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.

TKH Group NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.02/19.66
=1.93

* 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.

TKH Group NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, TKH Group NV's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=22.143/131.6300*131.6300
=22.143

Current CPI (Dec24) = 131.6300.

TKH Group NV Annual Data

Book Value per Share CPI Adj_Book
201512 12.483 99.730 16.476
201612 13.614 100.710 17.794
201712 14.136 101.970 18.248
201812 15.391 103.970 19.486
201912 16.775 106.800 20.675
202012 15.952 107.850 19.469
202112 17.532 114.010 20.242
202212 19.189 124.940 20.216
202312 20.995 126.450 21.855
202412 22.143 131.630 22.143

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.


TKH Group NV  (XAMS:TWEKA) 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.


TKH Group NV Cyclically Adjusted PB Ratio Related Terms

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


TKH Group NV Business Description

Industry
Traded in Other Exchanges
Address
Spinnerstraat 15, P.O. Box 5, Haaksbergen, OV, NLD, 7481 KJ
TKH Group NV is a provider of vertical-specific communications and connectivity solutions. Its operations are organized into three segments which include Smart Vision systems, Smart Connectivity systems, and Smart Manufacturing systems. Geographical segments of the organization are divided into various regions including the Netherlands, Europe, Asia, North America, and other regions.

TKH Group NV Headlines

No Headlines