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Holland Colours (XAMS:HOLCO) Cyclically Adjusted PB Ratio : 1.72 (As of Apr. 27, 2024)


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What is Holland Colours Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Holland Colours's current share price is €96.00. Holland Colours's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was €55.74. Holland Colours's Cyclically Adjusted PB Ratio for today is 1.72.

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

XAMS:HOLCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 2.3   Max: 4.59
Current: 1.73

During the past 13 years, Holland Colours's highest Cyclically Adjusted PB Ratio was 4.59. The lowest was 0.82. And the median was 2.30.

XAMS:HOLCO's Cyclically Adjusted PB Ratio is ranked worse than
53.72% of 1048 companies
in the Chemicals industry
Industry Median: 1.57 vs XAMS:HOLCO: 1.73

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.

Holland Colours's adjusted book value per share data of for the fiscal year that ended in Mar23 was €68.359. 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 €55.74 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holland Colours Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Holland Colours'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.

Holland Colours Cyclically Adjusted PB Ratio Chart

Holland Colours 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 2.13 2.04 2.90 3.11 2.12

Holland Colours Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - 3.11 - 2.12 -

Competitive Comparison of Holland Colours's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Holland Colours'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.


Holland Colours's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Holland Colours's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Holland Colours 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.

Holland Colours's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.00/55.74
=1.72

* 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.

Holland Colours's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Holland Colours's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=68.359/124.7200*124.7200
=68.359

Current CPI (Mar23) = 124.7200.

Holland Colours Annual Data

Book Value per Share CPI Adj_Book
201403 30.094 99.390 37.764
201503 35.635 99.750 44.555
201603 37.242 100.310 46.305
201703 41.698 101.440 51.267
201803 42.582 102.470 51.828
201903 48.397 105.370 57.285
202003 54.448 106.850 63.554
202103 58.416 108.870 66.921
202203 66.636 119.460 69.570
202303 68.359 124.720 68.359

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.


Holland Colours  (XAMS:HOLCO) 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.


Holland Colours Cyclically Adjusted PB Ratio Related Terms

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


Holland Colours (XAMS:HOLCO) Business Description

Traded in Other Exchanges
Address
Halvemaanweg 1, P.O. Box 720, Apeldoorn, GE, NLD, 7323 RW
Holland Colours creates and manufactures high-quality solid and liquid colorants, masterbatches, and additives. The company and its subsidiaries manufacture, distribute, and sell color concentrates. Its products are designed to be well suited for coloring rigid and flexible polyvinyl chloride, pet, polyolefins, and other polymers. The company serves many different markets which include building and construction but is not limited to, profiles, pipes, siding, and cladding. In addition, to serving these markets, it also offers color concentrates for coatings, elastomers, adhesives, and other applications. The company operates geographically across Europe, the United States of America, and Asia.

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