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Emka Ad (XBUL:EMKA) Cyclically Adjusted PB Ratio : 1.79 (As of Apr. 30, 2024)


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What is Emka Ad Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Emka Ad's current share price is лв2.04. Emka Ad's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was лв1.14. Emka Ad's Cyclically Adjusted PB Ratio for today is 1.79.

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

XBUL:EMKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 1.8   Max: 2.09
Current: 1.79

During the past years, Emka Ad's highest Cyclically Adjusted PB Ratio was 2.09. The lowest was 1.48. And the median was 1.80.

XBUL:EMKA's Cyclically Adjusted PB Ratio is ranked worse than
50.65% of 2000 companies
in the Industrial Products industry
Industry Median: 1.765 vs XBUL:EMKA: 1.79

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.

Emka Ad's adjusted book value per share data for the three months ended in Dec. 2023 was лв1.414. 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 лв1.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emka Ad Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Emka Ad'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.

Emka Ad Cyclically Adjusted PB Ratio Chart

Emka Ad 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 - - 1.89 1.48 1.76

Emka Ad Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.48 1.70 1.89 1.89 1.76

Competitive Comparison of Emka Ad's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Emka Ad'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.


Emka Ad's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Emka Ad 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.

Emka Ad's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.04/1.14
=1.79

* 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.

Emka Ad's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Emka Ad's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.414/129.4194*129.4194
=1.414

Current CPI (Dec. 2023) = 129.4194.

Emka Ad Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.724 99.695 0.940
201406 0.722 100.560 0.929
201409 0.749 100.428 0.965
201412 0.754 99.070 0.985
201503 0.780 99.621 1.013
201506 0.794 100.684 1.021
201509 0.807 100.392 1.040
201512 0.802 99.792 1.040
201603 0.820 100.470 1.056
201606 0.812 101.688 1.033
201609 0.832 101.861 1.057
201612 0.816 101.863 1.037
201703 0.853 102.862 1.073
201706 0.848 103.349 1.062
201709 0.864 104.136 1.074
201712 0.866 104.011 1.078
201803 0.899 105.290 1.105
201806 0.889 106.317 1.082
201809 0.902 106.507 1.096
201812 0.914 105.998 1.116
201903 0.946 107.251 1.142
201906 0.919 108.070 1.101
201909 0.939 108.329 1.122
201912 0.955 108.420 1.140
202003 0.985 108.902 1.171
202006 0.950 108.767 1.130
202009 0.982 109.815 1.157
202012 0.995 109.897 1.172
202103 1.050 111.754 1.216
202106 1.066 114.631 1.204
202109 1.097 115.734 1.227
202112 1.104 117.630 1.215
202203 1.184 121.301 1.263
202206 1.194 125.017 1.236
202209 1.260 125.227 1.302
202212 1.289 125.222 1.332
202303 1.388 127.348 1.411
202306 1.350 128.729 1.357
202309 1.400 129.860 1.395
202312 1.414 129.419 1.414

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.


Emka Ad  (XBUL:EMKA) 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.


Emka Ad Cyclically Adjusted PB Ratio Related Terms

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


Emka Ad (XBUL:EMKA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Street Bacho Kiro No. 8, Sofia, BGR, 1000
Emka Ad is engaged in the production of wires and cables. The company manufactures non-halogen and polyurethane cables. The product portfolio includes insulated wires, cables, flexible cords, non-insulated wires, winding wires, among others.

Emka Ad (XBUL:EMKA) Headlines

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