GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Romi SA (BSP:ROMI3) » Definitions » Cyclically Adjusted PB Ratio

Romi (BSP:ROMI3) Cyclically Adjusted PB Ratio : 0.99 (As of Apr. 29, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Romi Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Romi's current share price is R$10.37. Romi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$10.48. Romi's Cyclically Adjusted PB Ratio for today is 0.99.

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

BSP:ROMI3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.13   Max: 3.29
Current: 0.99

During the past years, Romi's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 0.46. And the median was 1.13.

BSP:ROMI3's Cyclically Adjusted PB Ratio is ranked better than
57.72% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.38 vs BSP:ROMI3: 0.99

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.

Romi's adjusted book value per share data for the three months ended in Mar. 2024 was R$12.035. 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 R$10.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Romi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Romi'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.

Romi Cyclically Adjusted PB Ratio Chart

Romi 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 1.40 1.41 1.55 1.33 1.22

Romi 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 1.56 1.57 1.12 1.22 1.22

Competitive Comparison of Romi's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Romi'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.


Romi's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Romi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Romi 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.

Romi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.37/10.48
=0.99

* 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.

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

For example, Romi'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)
=12.035/156.2729*156.2729
=12.035

Current CPI (Mar. 2024) = 156.2729.

Romi Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.075 91.838 10.337
201409 6.124 92.602 10.335
201412 6.305 94.194 10.460
201503 6.323 97.799 10.103
201506 6.200 100.006 9.688
201509 6.642 101.392 10.237
201512 6.856 104.247 10.278
201603 6.712 106.979 9.805
201606 6.735 108.851 9.669
201609 6.716 109.986 9.542
201612 6.439 110.802 9.081
201703 6.444 111.869 9.002
201706 6.675 112.115 9.304
201709 6.760 112.777 9.367
201712 6.890 114.068 9.439
201803 6.942 114.868 9.444
201806 7.263 117.038 9.698
201809 7.307 117.881 9.687
201812 7.470 118.340 9.864
201903 8.073 120.124 10.502
201906 8.017 120.977 10.356
201909 8.095 121.292 10.430
201912 8.128 123.436 10.290
202003 8.526 124.092 10.737
202006 8.684 123.557 10.983
202009 8.640 125.095 10.793
202012 8.726 129.012 10.570
202103 8.951 131.660 10.624
202106 9.142 133.871 10.672
202109 9.866 137.913 11.179
202112 10.339 141.992 11.379
202203 10.185 146.537 10.862
202206 10.423 149.784 10.875
202209 10.915 147.800 11.541
202212 11.733 150.207 12.207
202303 10.716 153.352 10.920
202306 11.883 154.519 12.018
202309 12.174 155.464 12.237
202312 12.552 156.273 12.552
202403 12.035 156.273 12.035

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.


Romi  (BSP:ROMI3) 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.


Romi Cyclically Adjusted PB Ratio Related Terms

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


Romi (BSP:ROMI3) Business Description

Traded in Other Exchanges
N/A
Address
Rodovia SP 304, Km 141.5, Distrito Industrial, Santa Barbara d'Oeste, SP, BRA, 13459-057
Romi SA is a supplier of machinery and equipment. Its business operations include the assembly and sale of capital goods in general, including machine tools, plastic injection molding machines, industrial equipment and accessories, castings, and parts. In addition, the company manufactures and sells rough cast parts and machined cast parts. The company is organized into three business units, Romi Machinery, Burkhardt plus Weber Machinery, and Cast and Machined Products segment.

Romi (BSP:ROMI3) Headlines

No Headlines