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JDC Group AG (XTER:JDC) Cyclically Adjusted PB Ratio : 7.62 (As of May. 22, 2024)


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What is JDC Group AG Cyclically Adjusted PB Ratio?

As of today (2024-05-22), JDC Group AG's current share price is €23.40. JDC Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €3.07. JDC Group AG's Cyclically Adjusted PB Ratio for today is 7.62.

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

XTER:JDC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 3.38   Max: 7.75
Current: 7.75

During the past years, JDC Group AG's highest Cyclically Adjusted PB Ratio was 7.75. The lowest was 1.05. And the median was 3.38.

XTER:JDC's Cyclically Adjusted PB Ratio is ranked worse than
98.78% of 82 companies
in the Diversified Financial Services industry
Industry Median: 0.975 vs XTER:JDC: 7.75

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.

JDC Group AG's adjusted book value per share data for the three months ended in Sep. 2023 was €3.963. 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 €3.07 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JDC Group AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for JDC 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.

* Premium members only.

JDC Group AG Cyclically Adjusted PB Ratio Chart

JDC Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.62 2.45 7.53 5.38

JDC Group AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 5.38 5.93 5.90 5.63

Competitive Comparison of JDC Group AG's Cyclically Adjusted PB Ratio

For the Financial Conglomerates subindustry, JDC 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.


JDC Group AG's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, JDC Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



JDC 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.

JDC Group AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.40/3.07
=7.62

* 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.

JDC Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, JDC Group AG's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=3.963/124.1946*124.1946
=3.963

Current CPI (Sep. 2023) = 124.1946.

JDC Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201309 5.077 98.983 6.370
201312 3.123 99.356 3.904
201406 2.638 99.543 3.291
201409 0.000 99.823 0.000
201412 2.434 99.543 3.037
201503 0.000 99.717 0.000
201506 2.401 100.417 2.970
201509 2.368 100.417 2.929
201512 2.274 99.717 2.832
201603 2.254 100.017 2.799
201606 2.526 100.717 3.115
201609 2.448 101.017 3.010
201612 2.490 101.217 3.055
201703 2.492 101.417 3.052
201706 2.441 102.117 2.969
201709 2.390 102.717 2.890
201712 2.349 102.617 2.843
201803 2.383 102.917 2.876
201806 2.331 104.017 2.783
201809 2.726 104.718 3.233
201812 2.545 104.217 3.033
201903 2.578 104.217 3.072
201906 2.551 105.718 2.997
201909 2.504 106.018 2.933
201912 2.351 105.818 2.759
202003 2.386 105.718 2.803
202006 2.281 106.618 2.657
202009 2.178 105.818 2.556
202012 2.162 105.518 2.545
202103 2.258 107.518 2.608
202106 2.239 108.486 2.563
202109 2.010 109.435 2.281
202112 2.949 110.384 3.318
202203 3.093 113.968 3.371
202206 3.064 115.760 3.287
202209 0.000 118.818 0.000
202212 2.848 119.345 2.964
202303 2.962 122.402 3.005
202306 2.980 123.140 3.006
202309 3.963 124.195 3.963

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.


JDC Group AG  (XTER:JDC) 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.


JDC Group AG Cyclically Adjusted PB Ratio Related Terms

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


JDC Group AG (XTER:JDC) Business Description

Traded in Other Exchanges
Address
Sohnleinstrasse 8, Rheingau-Palais, Wiesbaden, DEU, 65201
JDC Group AG is a financial services company advising its customers and brokers with financial products in Germany and Austria. The company sales platform offers products that cover asset classes such as investment funds and alternative investment funds, structured products, insurance, financing, and real estate. Its brokering financial products include broker pool and technical platforms consisting of Jung, DMS, and Cir.AG. The company's segments include the Advisortech segment, Advisory segment, and Holding segment.
Executives
Dr. Sebastian Grabmaier Board of Directors
Marcus Rex Board of Directors
Ralph Konrad Board of Directors
Klemens Hallmann Supervisory Board

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