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ecotel communication ag (XTER:E4C) Cyclically Adjusted PB Ratio : 1.90 (As of May. 15, 2024)


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What is ecotel communication ag Cyclically Adjusted PB Ratio?

As of today (2024-05-15), ecotel communication ag's current share price is €14.90. ecotel communication ag's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.83. ecotel communication ag's Cyclically Adjusted PB Ratio for today is 1.90.

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

XTER:E4C' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 2.1   Max: 6.56
Current: 1.9

During the past years, ecotel communication ag's highest Cyclically Adjusted PB Ratio was 6.56. The lowest was 1.04. And the median was 2.10.

XTER:E4C's Cyclically Adjusted PB Ratio is ranked worse than
58.39% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.485 vs XTER:E4C: 1.90

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.

ecotel communication ag's adjusted book value per share data for the three months ended in Mar. 2024 was €6.845. 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 €7.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ecotel communication ag Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ecotel communication ag'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.

ecotel communication ag Cyclically Adjusted PB Ratio Chart

ecotel communication ag 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 1.15 1.79 6.46 4.36 2.21

ecotel communication ag 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 5.92 2.79 2.10 2.21 1.95

Competitive Comparison of ecotel communication ag's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, ecotel communication ag'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.


ecotel communication ag's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, ecotel communication ag's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ecotel communication ag 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.

ecotel communication ag's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.90/7.83
=1.90

* 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.

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

For example, ecotel communication ag'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)
=6.845/123.6675*123.6675
=6.845

Current CPI (Mar. 2024) = 123.6675.

ecotel communication ag Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.259 99.543 6.534
201409 5.355 99.823 6.634
201412 5.279 99.543 6.558
201503 5.502 99.717 6.824
201506 5.585 100.417 6.878
201509 5.480 100.417 6.749
201512 5.582 99.717 6.923
201603 5.679 100.017 7.022
201606 5.710 100.717 7.011
201609 5.522 101.017 6.760
201612 5.589 101.217 6.829
201703 5.664 101.417 6.907
201706 5.690 102.117 6.891
201709 5.461 102.717 6.575
201712 5.492 102.617 6.619
201803 5.619 102.917 6.752
201806 5.603 104.017 6.661
201809 5.505 104.718 6.501
201812 5.528 104.217 6.560
201903 5.559 104.217 6.596
201906 5.550 105.718 6.492
201909 5.362 106.018 6.255
201912 5.351 105.818 6.254
202003 5.366 105.718 6.277
202006 5.357 106.618 6.214
202009 5.414 105.818 6.327
202012 5.650 105.518 6.622
202103 5.911 107.518 6.799
202106 6.190 108.486 7.056
202109 6.448 109.435 7.287
202112 6.907 110.384 7.738
202203 7.281 113.968 7.901
202206 10.864 115.760 11.606
202209 9.041 118.818 9.410
202212 23.430 119.345 24.279
202303 24.727 122.402 24.983
202306 6.534 123.140 6.562
202309 6.662 124.195 6.634
202312 6.760 123.668 6.760
202403 6.845 123.668 6.845

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.


ecotel communication ag  (XTER:E4C) 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.


ecotel communication ag Cyclically Adjusted PB Ratio Related Terms

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


ecotel communication ag (XTER:E4C) Business Description

Traded in Other Exchanges
Address
Prinzenallee 11, Dusseldorf, NW, DEU, 40549
ecotel Communication ag is a telecommunication company operating in Germany that provides a solution to customers involved in the IT and telecommunication industry. The company operates under business segments that is Ecotel Business customers, Ecotel Wholesale, and Easybell, Majority of the firm's revenue comes from Ecotel Business customers which offers business customers throughout Germany an integrated product portfolio of voice and data services (ICT solutions). The firm's sales are mostly generated in Germany.
Executives
Achim Theis Board of Directors
Holger Hommes Chief Financial Officer / Prokurist
Markus Hendrich Board of Directors

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