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C-QUADRAT Investment AG (XTER:C8I) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is C-QUADRAT Investment AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


C-QUADRAT Investment AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for C-QUADRAT Investment 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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C-QUADRAT Investment AG Cyclically Adjusted PB Ratio Chart

C-QUADRAT Investment AG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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C-QUADRAT Investment AG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of C-QUADRAT Investment AG's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, C-QUADRAT Investment 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.


C-QUADRAT Investment AG's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, C-QUADRAT Investment AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where C-QUADRAT Investment AG's Cyclically Adjusted PB Ratio falls into.



C-QUADRAT Investment 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.

C-QUADRAT Investment AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, C-QUADRAT Investment AG's adjusted Book Value per Share data for the three months ended in Jun. 2018 was:

Adj_Book=Book Value per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=10.104/105.0912*105.0912
=10.104

Current CPI (Jun. 2018) = 105.0912.

C-QUADRAT Investment AG Quarterly Data

Book Value per Share CPI Adj_Book
200803 0.000 87.806 0.000
200812 4.728 88.384 5.622
200903 4.693 88.466 5.575
200906 0.000 88.796 0.000
200909 0.000 88.961 0.000
200912 6.043 89.291 7.112
201003 7.113 90.199 8.287
201006 7.393 90.529 8.582
201009 7.589 90.612 8.802
201012 8.941 91.355 10.285
201103 9.182 92.989 10.377
201106 6.983 93.531 7.846
201109 6.929 93.893 7.755
201112 6.923 94.254 7.719
201203 6.919 95.248 7.634
201206 5.937 95.610 6.526
201209 5.763 96.423 6.281
201212 6.559 96.875 7.115
201303 6.865 97.417 7.406
201306 6.361 97.688 6.843
201309 6.518 98.050 6.986
201312 7.715 98.682 8.216
201403 8.384 99.044 8.896
201406 7.381 99.496 7.796
201409 8.658 99.586 9.137
201412 11.078 99.676 11.680
201503 14.653 99.992 15.400
201506 12.302 100.492 12.865
201509 12.459 100.292 13.055
201512 12.710 100.692 13.265
201603 12.699 100.692 13.254
201606 8.807 101.092 9.155
201609 9.043 101.192 9.391
201612 9.281 102.092 9.554
201703 9.551 102.592 9.784
201706 8.343 102.991 8.513
201709 8.824 103.591 8.952
201712 11.215 104.291 11.301
201803 11.928 104.491 11.996
201806 10.104 105.091 10.104

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.


C-QUADRAT Investment AG  (XTER:C8I) 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.


C-QUADRAT Investment AG Cyclically Adjusted PB Ratio Related Terms

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C-QUADRAT Investment AG (XTER:C8I) Business Description

Traded in Other Exchanges
N/A
Address
Schottenfeldgasse 20, Vienna, AUT, 1070
C-QUADRAT Investment AG is Austria - based asset management company. Its core business is to analysis and management of investment funds and the management and marketing of its own funds of funds, stock-picking funds as well as special mandates for institutional clients. The company handles the management of external assets within the scope of publicly launched investment funds as well as the marketing of the company's own investment funds and products. Its operating segments include Investments, and Asset Management and Sales. The company's revenue comprises of revenue received for rendering services in the securities and fund management field.

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