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Karsten (BSP:CTKA4) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Karsten Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Karsten Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Karsten'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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Karsten Cyclically Adjusted PB Ratio Chart

Karsten Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Karsten Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Karsten's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Karsten'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.


Karsten's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Karsten's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Karsten 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.

Karsten's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Karsten's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-18.2/156.2729*156.2729
=-18.200

Current CPI (Dec. 2023) = 156.2729.

Karsten Quarterly Data

Book Value per Share CPI Adj_Book
201403 -4.908 90.447 -8.480
201406 -10.158 91.838 -17.285
201409 -13.502 92.602 -22.786
201412 -11.178 94.194 -18.545
201503 -12.828 97.799 -20.498
201506 -14.214 100.006 -22.211
201509 -16.986 101.392 -26.180
201512 -18.666 104.247 -27.982
201603 -20.920 106.979 -30.560
201606 -25.853 108.851 -37.116
201609 -29.733 109.986 -42.246
201612 -33.731 110.802 -47.574
201703 -29.764 111.869 -41.578
201706 -33.953 112.115 -47.326
201709 -32.638 112.777 -45.226
201712 -33.550 114.068 -45.964
201803 -36.747 114.868 -49.993
201806 -38.154 117.038 -50.945
201809 -41.186 117.881 -54.599
201812 -41.926 118.340 -55.365
201903 -45.135 120.124 -58.718
201906 -49.494 120.977 -63.934
201909 -54.056 121.292 -69.646
201912 -43.929 123.436 -55.615
202003 -41.691 124.092 -52.503
202006 -42.352 123.557 -53.566
202009 -32.372 125.095 -40.440
202012 -30.850 129.012 -37.369
202103 -29.397 131.660 -34.892
202106 -26.726 133.871 -31.198
202109 -23.725 137.913 -26.883
202112 -21.587 141.992 -23.758
202203 -24.389 146.537 -26.009
202206 -26.133 149.784 -27.265
202209 -26.198 147.800 -27.700
202212 -24.994 150.207 -26.003
202303 -23.417 153.352 -23.863
202306 -21.544 154.519 -21.789
202309 -20.010 155.464 -20.114
202312 -18.200 156.273 -18.200

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.


Karsten  (BSP:CTKA4) 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.


Karsten Cyclically Adjusted PB Ratio Related Terms

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Karsten (BSP:CTKA4) Business Description

Traded in Other Exchanges
Address
R Johann Karsten, 260, Testo Jump, Blumenau, SC, BRA, 89074700
Karsten SA is a textile manufacturer and sells textile products in Brazil. It divides its business into five segments: decoration, embroidery, table, bath and bed. It produces table linens, curtains, towels, and other decorative home furnishings.

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