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Luka Rijeka d.d (ZAG:LKRI) Cyclically Adjusted PB Ratio : 1.10 (As of Jun. 19, 2024)


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What is Luka Rijeka d.d Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Luka Rijeka d.d's current share price is €7.90. Luka Rijeka d.d's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.20. Luka Rijeka d.d's Cyclically Adjusted PB Ratio for today is 1.10.

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

ZAG:LKRI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.78   Max: 1.37
Current: 1.06

During the past years, Luka Rijeka d.d's highest Cyclically Adjusted PB Ratio was 1.37. The lowest was 0.42. And the median was 0.78.

ZAG:LKRI's Cyclically Adjusted PB Ratio is ranked better than
57.81% of 723 companies
in the Transportation industry
Industry Median: 1.26 vs ZAG:LKRI: 1.06

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.

Luka Rijeka d.d's adjusted book value per share data for the three months ended in Mar. 2024 was €5.569. 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 €7.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luka Rijeka d.d Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Luka Rijeka d.d'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.

Luka Rijeka d.d Cyclically Adjusted PB Ratio Chart

Luka Rijeka d.d Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.47 0.47 1.16 1.18

Luka Rijeka d.d Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.11 1.10 1.20 1.18 1.16

Competitive Comparison of Luka Rijeka d.d's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Luka Rijeka d.d'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.


Luka Rijeka d.d's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Luka Rijeka d.d's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Luka Rijeka d.d 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.

Luka Rijeka d.d's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.90/7.2
=1.10

* 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.

Luka Rijeka d.d's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Luka Rijeka d.d's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.569/131.7762*131.7762
=5.569

Current CPI (Mar. 2024) = 131.7762.

Luka Rijeka d.d Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.756 100.560 12.785
201409 9.375 100.428 12.301
201412 8.511 99.070 11.321
201503 6.929 99.621 9.166
201506 8.630 100.684 11.295
201509 6.704 100.392 8.800
201512 6.696 99.792 8.842
201603 6.756 100.470 8.861
201606 6.775 101.688 8.780
201609 6.785 101.861 8.778
201612 6.850 101.863 8.862
201703 6.974 102.862 8.934
201706 7.087 103.349 9.036
201709 7.056 104.136 8.929
201712 6.944 104.011 8.798
201803 6.934 105.290 8.678
201806 7.026 106.317 8.708
201809 6.966 106.507 8.619
201812 6.632 105.998 8.245
201903 6.624 107.251 8.139
201906 0.000 108.070 0.000
201909 6.726 108.329 8.182
201912 3.940 108.420 4.789
202003 3.797 108.902 4.595
202006 3.834 108.767 4.645
202009 3.968 109.815 4.762
202012 3.774 109.897 4.525
202103 3.835 111.754 4.522
202106 3.905 114.631 4.489
202109 3.843 115.734 4.376
202112 3.798 117.630 4.255
202203 3.900 121.301 4.237
202206 4.159 125.017 4.384
202209 4.287 125.227 4.511
202212 4.439 125.222 4.671
202303 4.634 127.348 4.795
202306 4.761 128.729 4.874
202309 4.884 129.860 4.956
202312 5.569 129.419 5.670
202403 5.569 131.776 5.569

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.


Luka Rijeka d.d  (ZAG:LKRI) 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.


Luka Rijeka d.d Cyclically Adjusted PB Ratio Related Terms

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


Luka Rijeka d.d (ZAG:LKRI) Business Description

Traded in Other Exchanges
N/A
Address
Riva 1, 51 000 Rijeka, Republic of Croatia, HRV
Luka Rijeka d.d is a concessionaire for dry cargo transhipment in the port of Rijeka, and a trading company whose main activity is port services. It offers services in maritime traffic, port services, as well as the storage of cargo at specialized terminals.

Luka Rijeka d.d (ZAG:LKRI) Headlines

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