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Groupe Pizzorno Environnement (XPAR:GPE) Cyclically Adjusted PB Ratio : 3.58 (As of May. 23, 2024)


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What is Groupe Pizzorno Environnement Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Groupe Pizzorno Environnement's current share price is €72.40. Groupe Pizzorno Environnement's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €20.24. Groupe Pizzorno Environnement's Cyclically Adjusted PB Ratio for today is 3.58.

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

XPAR:GPE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.6   Max: 3.69
Current: 3.66

During the past 13 years, Groupe Pizzorno Environnement's highest Cyclically Adjusted PB Ratio was 3.69. The lowest was 0.63. And the median was 1.60.

XPAR:GPE's Cyclically Adjusted PB Ratio is ranked worse than
83.21% of 137 companies
in the Waste Management industry
Industry Median: 1.6 vs XPAR:GPE: 3.66

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.

Groupe Pizzorno Environnement's adjusted book value per share data of for the fiscal year that ended in Dec23 was €24.825. 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 €20.24 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Groupe Pizzorno Environnement Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Groupe Pizzorno Environnement'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.

Groupe Pizzorno Environnement Cyclically Adjusted PB Ratio Chart

Groupe Pizzorno Environnement 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 0.84 1.17 1.69 2.06 2.57

Groupe Pizzorno Environnement Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.69 - 2.06 - 2.57

Competitive Comparison of Groupe Pizzorno Environnement's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Groupe Pizzorno Environnement'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.


Groupe Pizzorno Environnement's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Groupe Pizzorno Environnement's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Groupe Pizzorno Environnement's Cyclically Adjusted PB Ratio falls into.



Groupe Pizzorno Environnement 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.

Groupe Pizzorno Environnement's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.40/20.24
=3.58

* 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.

Groupe Pizzorno Environnement's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Groupe Pizzorno Environnement's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=24.825/118.3900*118.3900
=24.825

Current CPI (Dec23) = 118.3900.

Groupe Pizzorno Environnement Annual Data

Book Value per Share CPI Adj_Book
201412 13.383 99.860 15.866
201512 14.813 100.040 17.530
201612 16.861 100.650 19.833
201712 18.561 101.850 21.575
201812 17.976 103.470 20.568
201912 18.080 104.980 20.390
202012 16.115 104.960 18.177
202112 18.578 107.850 20.394
202212 22.432 114.160 23.263
202312 24.825 118.390 24.825

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.


Groupe Pizzorno Environnement  (XPAR:GPE) 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.


Groupe Pizzorno Environnement Cyclically Adjusted PB Ratio Related Terms

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Groupe Pizzorno Environnement (XPAR:GPE) Business Description

Traded in Other Exchanges
Address
109 rue Jean Aicard, Draguignan, FRA, 83300
Groupe Pizzorno Environnement is engaged in providing environmental services in France. It is involved in the collection, compaction, pressing, truck transportation, sorting, and treatment of household, commercial, and industrial waste. The company also provides sanitation services, including sewer and septic tank cleaning, and clean and dirty water system maintenance, as well as cisterns, basements, and other inundated sites pumping services; and industrial cleaning services for commercial spaces, malls, offices, public buildings.

Groupe Pizzorno Environnement (XPAR:GPE) Headlines

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