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Cham Group AG (XSWX:CHAM) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Cham Group AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cham Group AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cham Group AG'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.

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Cham Group AG Cyclically Adjusted PB Ratio Chart

Cham Group AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Cham Group AG Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Competitive Comparison of Cham Group AG's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Cham Group AG'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.


Cham Group AG's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cham Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cham Group AG's Cyclically Adjusted PB Ratio falls into.



Cham Group AG 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.

Cham Group AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Cham Group AG's adjusted Book Value per Share data for the fiscal year that ended in Dec19 was:

Adj_Book=Book Value per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=321.558/101.0632*101.0632
=321.558

Current CPI (Dec19) = 101.0632.

Cham Group AG Annual Data

Book Value per Share CPI Adj_Book
201012 283.382 102.138 280.399
201112 145.801 101.408 145.305
201212 143.382 100.968 143.517
201312 145.763 101.036 145.803
201412 144.832 100.704 145.349
201512 137.033 99.386 139.345
201612 145.125 99.380 147.584
201712 195.628 100.213 197.288
201812 313.470 100.906 313.958
201912 321.558 101.063 321.558

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.


Cham Group AG  (XSWX:CHAM) 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.


Cham Group AG Cyclically Adjusted PB Ratio Related Terms

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Cham Group AG (XSWX:CHAM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fabrikstrasse, Cham, CHE, CH-6330
Cham Group AG is a real estate company. It is engaged in the development of the Papieri site in the center of Cham. Its business model includes entire lifecycle of properties from development through construction to management and value preservation.

Cham Group AG (XSWX:CHAM) Headlines

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