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Elco (XTAE:ELCO) Cyclically Adjusted PB Ratio : 2.66 (As of May. 29, 2025)


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What is Elco Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Elco's current share price is ₪178.20. Elco's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₪67.07. Elco's Cyclically Adjusted PB Ratio for today is 2.66.

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

XTAE:ELCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.88   Max: 6.08
Current: 2.5

During the past years, Elco's highest Cyclically Adjusted PB Ratio was 6.08. The lowest was 1.52. And the median was 2.88.

XTAE:ELCO's Cyclically Adjusted PB Ratio is ranked worse than
78.95% of 456 companies
in the Conglomerates industry
Industry Median: 0.935 vs XTAE:ELCO: 2.50

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.

Elco's adjusted book value per share data for the three months ended in Dec. 2024 was ₪78.200. 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 ₪67.07 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Elco'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.

Elco Cyclically Adjusted PB Ratio Chart

Elco 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 3.90 4.94 3.33 1.93 2.23

Elco Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.93 2.15 1.55 1.68 2.23

Competitive Comparison of Elco's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Elco'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.


Elco's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Elco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Elco 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.

Elco's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=178.20/67.07
=2.66

* 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.

Elco's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Elco's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=78.2/133.1571*133.1571
=78.200

Current CPI (Dec. 2024) = 133.1571.

Elco Quarterly Data

Book Value per Share CPI Adj_Book
201503 27.608 99.621 36.902
201506 26.372 100.684 34.878
201509 0.000 100.392 0.000
201512 24.965 99.792 33.312
201603 35.678 100.470 47.285
201606 19.698 101.688 25.794
201609 34.893 101.861 45.614
201612 42.181 101.863 55.140
201703 40.788 102.862 52.801
201706 41.579 103.349 53.571
201709 42.837 104.136 54.775
201712 39.467 104.011 50.526
201803 41.847 105.290 52.923
201806 42.375 106.317 53.073
201809 42.708 106.507 53.395
201812 42.549 105.998 53.451
201903 39.071 107.251 48.509
201906 40.470 108.070 49.865
201909 43.963 108.329 54.039
201912 49.128 108.420 60.337
202003 48.960 108.902 59.865
202006 56.611 108.767 69.305
202009 60.491 109.815 73.349
202012 58.312 109.897 70.654
202103 64.168 111.754 76.457
202106 65.997 114.631 76.663
202109 69.494 115.734 79.956
202112 75.341 117.630 85.286
202203 85.156 121.301 93.479
202206 97.812 125.017 104.181
202209 103.599 125.227 110.160
202212 95.237 125.222 101.272
202303 95.932 127.348 100.308
202306 92.293 128.729 95.468
202309 89.931 129.860 92.215
202312 83.228 129.419 85.632
202403 82.371 131.776 83.234
202406 82.802 132.554 83.179
202409 80.714 133.029 80.792
202412 78.200 133.157 78.200

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.


Elco  (XTAE:ELCO) 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.


Elco Cyclically Adjusted PB Ratio Related Terms

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


Elco Business Description

Industry
Traded in Other Exchanges
N/A
Address
98 Yigal Alon Street, Electra Tower, 50th Floor, Tel Aviv, ISR, 978914
Elco Ltd is engaged in diverse industries such as construction, infrastructure, consumer electronics, telecommunications, entertainment, and others. The company has three segments namely Electra segment which operates in the field of services for buildings and infrastructures in Israel and abroad. Its Electra Consumer Products segment includes importing, manufacturing, exporting, marketing, selling, and distributing electrical consumer products and the provision of services for products. The Electra Real Estate segment operates in the field of the purchase, management, and enhancement of housing complexes for rental in the South Eastern United States.

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