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Plaut AG (XTER:PUT2) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


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What is Plaut AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Plaut AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plaut 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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Plaut AG Cyclically Adjusted PB Ratio Chart

Plaut AG Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Plaut AG Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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Competitive Comparison of Plaut AG's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Plaut 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.


Plaut AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Plaut AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Plaut 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.

Plaut AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Plaut AG's adjusted Book Value per Share data for the fiscal year that ended in Dec13 was:

Adj_Book=Book Value per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=0.126/98.6822*98.6822
=0.126

Current CPI (Dec13) = 98.6822.

Plaut AG Annual Data

Book Value per Share CPI Adj_Book
200412 -0.957 81.790 -1.155
200512 -1.011 82.937 -1.203
200612 -0.584 84.175 -0.685
200712 0.192 87.228 0.217
200812 -0.114 88.384 -0.127
200912 -0.092 89.291 -0.102
201012 0.169 91.355 0.183
201112 0.201 94.254 0.210
201212 0.181 96.875 0.184
201312 0.126 98.682 0.126

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.


Plaut AG  (XTER:PUT2) 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.


Plaut AG Cyclically Adjusted PB Ratio Related Terms

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Plaut AG Business Description

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Plaut Aktiengesellschaft is engaged in providing business consulting and IT services using SAP enterprise resource planning software to customers in Europe. Its customers are from manufacturing, retail and services sectors.

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