GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Losinjska Plovidba-Holding d.d (ZAG:LPLH) » Definitions » Cyclically Adjusted PB Ratio

Losinjska Plovidba-Holding d.d (ZAG:LPLH) Cyclically Adjusted PB Ratio : 0.94 (As of Jun. 20, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Losinjska Plovidba-Holding d.d Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Losinjska Plovidba-Holding d.d's current share price is €34.80. Losinjska Plovidba-Holding d.d's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €37.12. Losinjska Plovidba-Holding d.d's Cyclically Adjusted PB Ratio for today is 0.94.

The historical rank and industry rank for Losinjska Plovidba-Holding d.d's Cyclically Adjusted PB Ratio or its related term are showing as below:

ZAG:LPLH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.57   Max: 0.96
Current: 0.92

During the past years, Losinjska Plovidba-Holding d.d's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.47. And the median was 0.57.

ZAG:LPLH's Cyclically Adjusted PB Ratio is ranked better than
64.73% of 723 companies
in the Transportation industry
Industry Median: 1.26 vs ZAG:LPLH: 0.92

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.

Losinjska Plovidba-Holding d.d's adjusted book value per share data for the three months ended in Mar. 2024 was €36.520. 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 €37.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Losinjska Plovidba-Holding d.d Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Losinjska Plovidba-Holding 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.

Losinjska Plovidba-Holding d.d Cyclically Adjusted PB Ratio Chart

Losinjska Plovidba-Holding 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 - - 0.49 0.54 0.66

Losinjska Plovidba-Holding d.d Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.54 0.56 0.69 0.66 0.84

Competitive Comparison of Losinjska Plovidba-Holding d.d's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Losinjska Plovidba-Holding 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.


Losinjska Plovidba-Holding d.d's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Losinjska Plovidba-Holding d.d's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Losinjska Plovidba-Holding d.d's Cyclically Adjusted PB Ratio falls into.



Losinjska Plovidba-Holding 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.

Losinjska Plovidba-Holding d.d's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.80/37.12
=0.94

* 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.

Losinjska Plovidba-Holding d.d's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Losinjska Plovidba-Holding 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)
=36.52/131.7762*131.7762
=36.520

Current CPI (Mar. 2024) = 131.7762.

Losinjska Plovidba-Holding d.d Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.649 99.695 27.294
201406 19.750 100.560 25.881
201409 18.591 100.428 24.394
201412 31.767 99.070 42.254
201503 30.615 99.621 40.497
201506 31.657 100.684 41.433
201509 32.002 100.392 42.007
201512 31.516 99.792 41.617
201603 31.302 100.470 41.055
201606 31.421 101.688 40.718
201609 32.141 101.861 41.580
201612 31.720 101.863 41.035
201703 31.444 102.862 40.283
201706 31.498 103.349 40.162
201709 32.401 104.136 41.001
201712 32.938 104.011 41.731
201803 31.418 105.290 39.322
201806 32.028 106.317 39.698
201809 32.327 106.507 39.997
201812 31.699 105.998 39.408
201903 30.443 107.251 37.405
201906 31.370 108.070 38.251
201909 31.654 108.329 38.505
201912 30.549 108.420 37.130
202003 29.867 108.902 36.141
202006 29.348 108.767 35.556
202009 31.035 109.815 37.242
202012 29.759 109.897 35.684
202103 29.490 111.754 34.773
202106 29.610 114.631 34.039
202109 31.327 115.734 35.669
202112 30.636 117.630 34.320
202203 29.933 121.301 32.518
202206 30.787 125.017 32.452
202209 32.599 125.227 34.304
202212 33.098 125.222 34.830
202303 32.254 127.348 33.376
202309 37.238 129.860 37.788
202312 36.352 129.419 37.014
202403 36.520 131.776 36.520

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.


Losinjska Plovidba-Holding d.d  (ZAG:LPLH) 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.


Losinjska Plovidba-Holding d.d Cyclically Adjusted PB Ratio Related Terms

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


Losinjska Plovidba-Holding d.d (ZAG:LPLH) Business Description

Traded in Other Exchanges
N/A
Address
Privlaka bb, Mali Losinj, HRV, 51550
Losinjska Plovidba-Holding d.d operates in shipping and ports industry in Croatia. The company is engaged as a sea freight and passenger and repair of ships and tourism.

Losinjska Plovidba-Holding d.d (ZAG:LPLH) Headlines

No Headlines