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Palestine Securities Exchange (XPAE:PSE) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Palestine Securities Exchange Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Palestine Securities Exchange Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Palestine Securities Exchange'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.

Palestine Securities Exchange Cyclically Adjusted PB Ratio Chart

Palestine Securities Exchange 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 - - - 2.20 2.15

Palestine Securities Exchange Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.15 2.14 2.15 -

Competitive Comparison of Palestine Securities Exchange's Cyclically Adjusted PB Ratio

For the Financial Data & Stock Exchanges subindustry, Palestine Securities Exchange'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.


Palestine Securities Exchange's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Palestine Securities Exchange's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Palestine Securities Exchange's Cyclically Adjusted PB Ratio falls into.



Palestine Securities Exchange 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.

Palestine Securities Exchange's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Palestine Securities Exchange's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.292/131.7762*131.7762
=1.292

Current CPI (Mar. 2024) = 131.7762.

Palestine Securities Exchange Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 1.039 100.428 1.363
201412 1.035 99.070 1.377
201503 1.042 99.621 1.378
201506 1.042 100.684 1.364
201509 1.034 100.392 1.357
201512 1.071 99.792 1.414
201603 1.085 100.470 1.423
201606 1.116 101.688 1.446
201609 1.146 101.861 1.483
201612 1.143 101.863 1.479
201703 1.115 102.862 1.428
201706 1.134 103.349 1.446
201709 1.185 104.136 1.500
201712 1.208 104.011 1.530
201803 1.252 105.290 1.567
201806 1.209 106.317 1.499
201809 1.216 106.507 1.505
201812 1.184 105.998 1.472
201903 1.223 107.251 1.503
201906 1.197 108.070 1.460
201909 1.204 108.329 1.465
201912 1.212 108.420 1.473
202003 1.194 108.902 1.445
202006 1.184 108.767 1.434
202009 1.205 109.815 1.446
202012 1.209 109.897 1.450
202103 1.176 111.754 1.387
202106 1.254 114.631 1.442
202109 1.296 115.734 1.476
202112 1.287 117.630 1.442
202203 1.306 121.301 1.419
202206 1.241 125.017 1.308
202209 1.282 125.227 1.349
202212 1.276 125.222 1.343
202303 1.308 127.348 1.353
202306 1.226 128.729 1.255
202309 1.256 129.860 1.275
202312 1.266 129.419 1.289
202403 1.292 131.776 1.292

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.


Palestine Securities Exchange  (XPAE:PSE) 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.


Palestine Securities Exchange Cyclically Adjusted PB Ratio Related Terms

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


Palestine Securities Exchange (XPAE:PSE) Business Description

Traded in Other Exchanges
N/A
Address
Rafedya Street, P.O.Box 128 Nablus, Seventh Floor, ASAL building, Nablus, PSE
Palestine Securities Exchange PLC operates as a regulated stock exchange to facilitate and maximize the flow of long-term investment capital into the Palestinian economy. It provides a fair, transparent, and efficient market for securities trading. The company focuses on attracting a range of regional and global investors including those among the Palestinian Diaspora. The company arises its revenues from security trading and transfer commission, membership of brokerage firms, registration fees for listed companies, and collateral commissions, interest income, dividend income, rental income and other income.

Palestine Securities Exchange (XPAE:PSE) Headlines

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