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Teteks AD (XMAE:TETE) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is Teteks AD Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Teteks AD Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Teteks 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.

Teteks AD Cyclically Adjusted PB Ratio Chart

Teteks AD 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 - 0.51 0.53 - 0.60

Teteks AD Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 0.66 - 0.60 -

Competitive Comparison of Teteks AD's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Teteks 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.


Teteks AD's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Teteks AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Teteks 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.

Teteks AD's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Teteks AD's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0/134.9266*134.9266
=0.000

Current CPI (Mar. 2025) = 134.9266.

Teteks AD Quarterly Data

Book Value per Share CPI Adj_Book
201506 4,155.836 100.684 5,569.240
201509 0.000 100.392 0.000
201512 4,082.452 99.792 5,519.773
201603 0.000 100.470 0.000
201606 4,022.732 101.688 5,337.631
201609 0.000 101.861 0.000
201612 4,185.261 101.863 5,543.767
201703 0.000 102.862 0.000
201706 4,143.529 103.349 5,409.552
201709 0.000 104.136 0.000
201712 4,057.384 104.011 5,263.371
201803 0.000 105.290 0.000
201806 3,991.367 106.317 5,065.442
201809 0.000 106.507 0.000
201812 3,913.147 105.998 4,981.114
201903 0.000 107.251 0.000
201906 3,803.611 108.070 4,748.873
201909 0.000 108.329 0.000
201912 3,848.577 108.420 4,789.475
202003 0.000 108.902 0.000
202006 3,811.616 108.767 4,728.336
202009 0.000 109.815 0.000
202012 3,867.949 109.897 4,748.903
202103 0.000 111.754 0.000
202106 3,798.321 114.631 4,470.804
202109 0.000 115.734 0.000
202112 3,943.285 117.630 4,523.134
202203 0.000 121.301 0.000
202206 3,743.389 125.017 4,040.119
202209 0.000 125.227 0.000
202212 3,949.203 125.222 4,255.270
202303 0.000 127.348 0.000
202306 3,896.935 128.729 4,084.561
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 0.000 131.776 0.000
202406 3,756.865 132.554 3,824.115
202409 0.000 133.029 0.000
202412 3,867.391 133.157 3,918.784
202503 0.000 134.927 0.000

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.


Teteks AD  (XMAE:TETE) 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.


Teteks AD Cyclically Adjusted PB Ratio Related Terms

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


Teteks AD Business Description

Traded in Other Exchanges
N/A
Address
B. Miladinovi No.1, Tetovo, MKD
Teteks AD is a producer of textiles and clothing. Its business activities include activating fabrics for the production of fabrics and blankets, as well as production of ready-made garments in apparel and knitwear. Its product offerings include confection, knitwear, fabrics, blankets, yarn and wolves. TETEKS production is intended mainly for export to the United States and European countries such as Germany, Greece, Italy, Denmark, Russia, Bulgaria, among others.

Teteks AD Headlines

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