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Grupa HRC (WAR:HRC) Cyclically Adjusted PB Ratio : 8.11 (As of Jun. 10, 2024)


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What is Grupa HRC Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Grupa HRC's current share price is zł1.54. Grupa HRC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.19. Grupa HRC's Cyclically Adjusted PB Ratio for today is 8.11.

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

WAR:HRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.16   Med: 5.61   Max: 10.84
Current: 8

During the past years, Grupa HRC's highest Cyclically Adjusted PB Ratio was 10.84. The lowest was 4.16. And the median was 5.61.

WAR:HRC's Cyclically Adjusted PB Ratio is ranked worse than
92.41% of 685 companies
in the Business Services industry
Industry Median: 1.58 vs WAR:HRC: 8.00

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.

Grupa HRC's adjusted book value per share data for the three months ended in Mar. 2024 was zł0.135. 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 zł0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupa HRC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupa HRC'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.

Grupa HRC Cyclically Adjusted PB Ratio Chart

Grupa HRC 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 - - 5.60 6.05 4.58

Grupa HRC 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 6.35 5.17 5.02 4.58 4.57

Competitive Comparison of Grupa HRC's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Grupa HRC'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.


Grupa HRC's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Grupa HRC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Grupa HRC 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.

Grupa HRC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.54/0.19
=8.11

* 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.

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

For example, Grupa HRC'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)
=0.135/149.0435*149.0435
=0.135

Current CPI (Mar. 2024) = 149.0435.

Grupa HRC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.111 101.180 0.164
201409 0.130 100.611 0.193
201412 0.175 100.122 0.261
201503 0.153 100.041 0.228
201506 0.165 100.448 0.245
201509 0.174 99.634 0.260
201512 0.186 99.471 0.279
201603 0.184 98.983 0.277
201606 0.204 99.552 0.305
201609 0.205 99.064 0.308
201612 0.191 100.366 0.284
201703 0.172 101.018 0.254
201706 0.157 101.180 0.231
201709 0.142 101.343 0.209
201712 0.116 102.564 0.169
201803 0.120 102.564 0.174
201806 0.111 103.378 0.160
201809 0.104 103.378 0.150
201812 0.104 103.785 0.149
201903 0.153 104.274 0.219
201906 0.159 105.983 0.224
201909 0.159 105.983 0.224
201912 0.162 107.123 0.225
202003 0.154 109.076 0.210
202006 0.157 109.402 0.214
202009 0.125 109.320 0.170
202012 0.106 109.565 0.144
202103 0.103 112.658 0.136
202106 0.098 113.960 0.128
202109 0.099 115.588 0.128
202112 0.125 119.088 0.156
202203 0.121 125.031 0.144
202206 0.121 131.705 0.137
202209 0.117 135.531 0.129
202212 0.126 139.113 0.135
202303 0.133 145.950 0.136
202306 0.133 147.009 0.135
202309 0.132 146.113 0.135
202312 0.137 147.741 0.138
202403 0.135 149.044 0.135

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.


Grupa HRC  (WAR:HRC) 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.


Grupa HRC Cyclically Adjusted PB Ratio Related Terms

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


Grupa HRC (WAR:HRC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Leszno 8, lok.1, Warsaw, POL, 01-192
Grupa HRC SA is engaged in providing clients with comprehensive services in recruitment and HR consulting, achieving and maintaining quality services, the continuous broadening portfolio of services and clients. The company's services include Direct Search, Executive Search, Consulting, Tests, Outplacement, Labor Law and EU projects.