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Stara Planina Holding AD (XBUL:SPH) Cyclically Adjusted PB Ratio : 1.42 (As of Jun. 03, 2025)


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What is Stara Planina Holding AD Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Stara Planina Holding AD's current share price is лв8.20. Stara Planina Holding AD's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was лв5.76. Stara Planina Holding AD's Cyclically Adjusted PB Ratio for today is 1.42.

The historical rank and industry rank for Stara Planina Holding AD's Cyclically Adjusted PB Ratio or its related term are showing as below:

XBUL:SPH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.83   Max: 2.58
Current: 1.42

During the past years, Stara Planina Holding AD's highest Cyclically Adjusted PB Ratio was 2.58. The lowest was 1.39. And the median was 1.83.

XBUL:SPH's Cyclically Adjusted PB Ratio is ranked better than
61.56% of 2159 companies
in the Industrial Products industry
Industry Median: 2.04 vs XBUL:SPH: 1.42

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.

Stara Planina Holding AD's adjusted book value per share data for the three months ended in Sep. 2024 was лв6.452. 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 лв5.76 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stara Planina Holding AD Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stara Planina Holding 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.

Stara Planina Holding AD Cyclically Adjusted PB Ratio Chart

Stara Planina Holding 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 - - 2.15 1.82 1.88

Stara Planina Holding AD Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.84 1.88 1.81 1.82 1.74

Competitive Comparison of Stara Planina Holding AD's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Stara Planina Holding 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.


Stara Planina Holding AD's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stara Planina Holding AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stara Planina Holding AD's Cyclically Adjusted PB Ratio falls into.


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Stara Planina Holding 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.

Stara Planina Holding AD's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.20/5.76
=1.42

* 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.

Stara Planina Holding AD's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Stara Planina Holding AD's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=6.452/133.0289*133.0289
=6.452

Current CPI (Sep. 2024) = 133.0289.

Stara Planina Holding AD Quarterly Data

Book Value per Share CPI Adj_Book
201409 3.775 100.428 5.000
201412 3.784 99.070 5.081
201503 3.879 99.621 5.180
201506 3.844 100.684 5.079
201509 3.899 100.392 5.167
201512 3.956 99.792 5.274
201603 4.053 100.470 5.366
201606 3.933 101.688 5.145
201609 4.251 101.861 5.552
201612 4.317 101.863 5.638
201703 4.427 102.862 5.725
201706 4.325 103.349 5.567
201709 4.391 104.136 5.609
201712 4.475 104.011 5.723
201803 4.567 105.290 5.770
201806 4.483 106.317 5.609
201809 0.000 106.507 0.000
201812 4.738 105.998 5.946
201903 4.854 107.251 6.021
201906 4.680 108.070 5.761
201909 4.761 108.329 5.847
201912 4.849 108.420 5.950
202003 1.891 108.902 2.310
202006 4.705 108.767 5.754
202009 4.812 109.815 5.829
202012 4.957 109.897 6.000
202106 5.043 114.631 5.852
202109 5.214 115.734 5.993
202112 5.563 117.630 6.291
202203 0.000 121.301 0.000
202206 5.652 125.017 6.014
202209 5.941 125.227 6.311
202212 6.146 125.222 6.529
202303 6.381 127.348 6.666
202306 6.214 128.729 6.422
202309 6.432 129.860 6.589
202312 6.575 129.419 6.758
202403 6.690 131.776 6.754
202406 6.371 132.554 6.394
202409 6.452 133.029 6.452

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.


Stara Planina Holding AD  (XBUL:SPH) 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.


Stara Planina Holding AD Cyclically Adjusted PB Ratio Related Terms

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


Stara Planina Holding AD Business Description

Traded in Other Exchanges
N/A
Address
20, Frederic Joliot-Curie Street, 9th Floor, Sofia, BGR, 1113
Stara Planina Holding AD is a holding company. The company is engaged in the acquisition, management, evaluation, and sale of shareholdings in Bulgarian and foreign companies; acquisition, management, and sale of bonds, evaluation and sale of patents, transfer of licenses for the use of patents, belonging to companies where the holding company has participation; financing companies where the holding company has participations; other commercial operations, except those prohibited by law. The investment portfolio of the holding is distributed mainly in the following industries, Machine Building; Electrical Engineering, Light Industry, and Financial.