GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sfinks Polska SA (WAR:SFS) » Definitions » Cyclically Adjusted PB Ratio

Sfinks Polska (WAR:SFS) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Sfinks Polska Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sfinks Polska Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sfinks Polska'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.

Sfinks Polska Cyclically Adjusted PB Ratio Chart

Sfinks Polska Annual Data
Trend Dec11 Dec12 Dec13 Nov16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sfinks Polska 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 - - - - -

Competitive Comparison of Sfinks Polska's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Sfinks Polska'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.


Sfinks Polska's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Sfinks Polska's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sfinks Polska 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.

Sfinks Polska's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Sfinks Polska'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)
=-1.925/146.1131*146.1131
=-1.925

Current CPI (Sep. 2023) = 146.1131.

Sfinks Polska Quarterly Data

Book Value per Share CPI Adj_Book
201209 -2.484 99.715 -3.640
201212 -2.530 100.285 -3.686
201303 -2.586 100.529 -3.759
201306 -2.408 100.855 -3.489
201309 -2.408 100.936 -3.486
201312 -2.010 101.018 -2.907
201403 -1.905 101.262 -2.749
201406 -1.891 101.180 -2.731
201409 -1.816 100.611 -2.637
201602 0.283 98.901 0.418
201605 0.360 99.390 0.529
201608 0.388 99.064 0.572
201611 0.333 99.634 0.488
201703 0.467 101.018 0.675
201706 0.479 101.180 0.692
201709 0.518 101.343 0.747
201712 0.220 102.564 0.313
201803 0.183 102.564 0.261
201806 0.128 103.378 0.181
201809 0.123 103.378 0.174
201812 0.070 103.785 0.099
201903 -0.026 104.274 -0.036
201906 -0.121 105.983 -0.167
201909 -0.398 105.983 -0.549
201912 -0.566 107.123 -0.772
202003 -1.018 109.076 -1.364
202006 -1.464 109.402 -1.955
202009 -1.558 109.320 -2.082
202012 -2.488 109.565 -3.318
202103 -2.717 112.658 -3.524
202106 -2.996 113.960 -3.841
202109 -3.012 115.588 -3.807
202112 -3.095 119.088 -3.797
202203 -3.230 125.031 -3.775
202206 -2.363 131.705 -2.621
202209 -2.067 135.531 -2.228
202212 -1.906 139.113 -2.002
202303 -1.917 145.950 -1.919
202306 -1.850 147.009 -1.839
202309 -1.925 146.113 -1.925

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.


Sfinks Polska  (WAR:SFS) 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.


Sfinks Polska Cyclically Adjusted PB Ratio Related Terms

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


Sfinks Polska (WAR:SFS) Business Description

Traded in Other Exchanges
N/A
Address
ul. Swietojanska 5a, Piaseczno, POL, 05-500
Sfinks Polska SA is engaged in the business of restaurants in Poland. It is also engaged in the casual drinking sector. The company brands include Sphinx; Chlopskie Jadlo; and WOOK.