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Richard Pierismpany (COL:RICH.N0000) Cyclically Adjusted PB Ratio : 2.36 (As of Apr. 27, 2024)


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What is Richard Pierismpany Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Richard Pierismpany's current share price is රු20.50. Richard Pierismpany's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු8.68. Richard Pierismpany's Cyclically Adjusted PB Ratio for today is 2.36.

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

COL:RICH.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.6   Max: 4.4
Current: 2.33

During the past years, Richard Pierismpany's highest Cyclically Adjusted PB Ratio was 4.40. The lowest was 1.60. And the median was 2.60.

COL:RICH.N0000's Cyclically Adjusted PB Ratio is ranked worse than
78.61% of 416 companies
in the Conglomerates industry
Industry Median: 0.92 vs COL:RICH.N0000: 2.33

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.

Richard Pierismpany's adjusted book value per share data for the three months ended in Dec. 2023 was රු12.348. 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 රු8.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Richard Pierismpany Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Richard Pierismpany'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.

Richard Pierismpany Cyclically Adjusted PB Ratio Chart

Richard Pierismpany Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.81 2.55

Richard Pierismpany Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.08 2.55 2.42 2.46 2.36

Competitive Comparison of Richard Pierismpany's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Richard Pierismpany'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.


Richard Pierismpany's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Richard Pierismpany's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Richard Pierismpany 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.

Richard Pierismpany's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.50/8.68
=2.36

* 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.

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

For example, Richard Pierismpany'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)
=12.348/129.4194*129.4194
=12.348

Current CPI (Dec. 2023) = 129.4194.

Richard Pierismpany Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.339 99.695 5.633
201406 4.492 100.560 5.781
201409 4.735 100.428 6.102
201412 4.710 99.070 6.153
201503 4.871 99.621 6.328
201506 5.157 100.684 6.629
201509 5.406 100.392 6.969
201512 5.535 99.792 7.178
201603 5.343 100.470 6.883
201606 5.632 101.688 7.168
201609 6.052 101.861 7.689
201612 6.468 101.863 8.218
201703 6.354 102.862 7.994
201706 6.146 103.349 7.696
201709 6.547 104.136 8.137
201712 6.918 104.011 8.608
201803 6.525 105.290 8.020
201806 6.770 106.317 8.241
201809 6.924 106.507 8.414
201812 6.726 105.998 8.212
201903 6.528 107.251 7.877
201906 6.761 108.070 8.097
201909 7.007 108.329 8.371
201912 7.385 108.420 8.815
202003 7.115 108.902 8.456
202006 7.597 108.767 9.039
202009 7.552 109.815 8.900
202012 8.347 109.897 9.830
202103 8.546 111.754 9.897
202106 9.096 114.631 10.269
202109 9.781 115.734 10.938
202112 10.287 117.630 11.318
202203 11.222 121.301 11.973
202206 2.261 125.017 2.341
202209 12.862 125.227 13.293
202212 12.916 125.222 13.349
202303 12.057 127.348 12.253
202306 11.677 128.729 11.740
202309 12.137 129.860 12.096
202312 12.348 129.419 12.348

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.


Richard Pierismpany  (COL:RICH.N0000) 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.


Richard Pierismpany Cyclically Adjusted PB Ratio Related Terms

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


Richard Pierismpany (COL:RICH.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 310, High Level Road, Nawinna, Maharagama, LKA
Richard Pieris & Company PLC is a conglomerate that operates in various sectors including Rubber, Tyre, Plastic and furniture, Retail, Financial Services, Other Services, and Plantations. The company derives the majority of the revenue from a Retail segment that is involved in the sale of fast moving consumer goods, household goods, furniture and electronic goods and provides value-added services, such as bank service points, ATMs, credit card and mobile bill payment facilities. It operates a chain of Arpico Supercentres/Superstores, showrooms, and Arpico Daily Outlets. Geographically, it derives a majority of revenue from Sri Lanka.

Richard Pierismpany (COL:RICH.N0000) Headlines

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