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Agfa-Gevaert NV (Agfa-Gevaert NV) Cyclically Adjusted PB Ratio : 0.35 (As of Apr. 29, 2024)


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What is Agfa-Gevaert NV Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Agfa-Gevaert NV's current share price is $2.76. Agfa-Gevaert NV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $7.90. Agfa-Gevaert NV's Cyclically Adjusted PB Ratio for today is 0.35.

The historical rank and industry rank for Agfa-Gevaert NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

AFGVY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.24   Max: 1.95
Current: 0.45

During the past years, Agfa-Gevaert NV's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.39. And the median was 1.24.

AFGVY's Cyclically Adjusted PB Ratio is ranked better than
90.75% of 2000 companies
in the Industrial Products industry
Industry Median: 1.765 vs AFGVY: 0.45

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.

Agfa-Gevaert NV's adjusted book value per share data for the three months ended in Sep. 2023 was $5.832. 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 $7.90 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agfa-Gevaert NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Agfa-Gevaert NV'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.

Agfa-Gevaert NV Cyclically Adjusted PB Ratio Chart

Agfa-Gevaert NV 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 1.12 1.68 1.66 1.65 1.11

Agfa-Gevaert NV 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 1.31 1.11 1.10 0.90 0.71

Competitive Comparison of Agfa-Gevaert NV's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Agfa-Gevaert NV'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.


Agfa-Gevaert NV's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Agfa-Gevaert NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Agfa-Gevaert NV's Cyclically Adjusted PB Ratio falls into.



Agfa-Gevaert NV 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.

Agfa-Gevaert NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.76/7.9
=0.35

* 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.

Agfa-Gevaert NV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Agfa-Gevaert NV'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)
=5.832/127.0831*127.0831
=5.832

Current CPI (Sep. 2023) = 127.0831.

Agfa-Gevaert NV Quarterly Data

Book Value per Share CPI Adj_Book
201312 5.308 99.462 6.782
201403 5.326 99.819 6.781
201406 5.896 99.482 7.532
201409 5.838 99.195 7.479
201412 1.367 99.086 1.753
201503 1.484 99.423 1.897
201506 1.632 100.107 2.072
201509 1.793 100.245 2.273
201512 2.961 100.572 3.742
201603 3.226 101.653 4.033
201606 4.113 102.267 5.111
201609 4.402 102.118 5.478
201612 2.704 102.614 3.349
201703 2.920 103.972 3.569
201706 3.094 103.902 3.784
201709 3.268 104.170 3.987
201712 3.880 104.804 4.705
201803 3.763 105.419 4.536
201806 3.761 106.063 4.506
201809 3.631 106.618 4.328
201812 3.418 107.252 4.050
201903 3.530 107.876 4.158
201906 3.705 107.896 4.364
201909 3.637 107.470 4.301
201912 1.100 108.065 1.294
202003 0.817 108.550 0.956
202006 9.868 108.540 11.554
202009 9.858 108.441 11.553
202012 8.267 108.511 9.682
202103 8.147 109.522 9.453
202106 9.641 110.305 11.108
202109 9.306 111.543 10.602
202112 8.902 114.705 9.863
202203 8.770 118.620 9.396
202206 10.051 120.948 10.561
202209 9.324 124.120 9.547
202212 7.116 126.578 7.144
202303 6.169 126.528 6.196
202306 6.060 125.973 6.113
202309 5.832 127.083 5.832

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.


Agfa-Gevaert NV  (OTCPK:AFGVY) 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.


Agfa-Gevaert NV Cyclically Adjusted PB Ratio Related Terms

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


Agfa-Gevaert NV (Agfa-Gevaert NV) Business Description

Traded in Other Exchanges
Address
Septestraat 27, Mortsel, BEL, B-2640
Agfa-Gevaert NV develops, produces, and distributes a range of analog and digital imaging systems and information technology solutions, for the printing sector, healthcare sector, and specific industrial applications. The company's operating segment includes Offset Solutions; Digital Print and Chemicals; Radiology Solutions and Healthcare IT. It generates maximum revenue from the Offset Solutions segment. The Offset Solutions division is a supplier to the offset printing industry, offering commercial, newspaper, and packaging printers and an extensive range of integrated prepress and printing solutions.

Agfa-Gevaert NV (Agfa-Gevaert NV) Headlines