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Auscrete (Auscrete) Cyclically Adjusted PB Ratio : (As of May. 09, 2024)


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What is Auscrete Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Auscrete Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Auscrete'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.

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Auscrete Cyclically Adjusted PB Ratio Chart

Auscrete Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Auscrete Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Auscrete's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, Auscrete'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.


Auscrete's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Auscrete's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Auscrete 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.

Auscrete's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Auscrete's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.023/127.3478*127.3478
=-0.023

Current CPI (Mar. 2023) = 127.3478.

Auscrete Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 -7,050.000 104.011 -8,631.790
201803 -724.390 105.290 -876.151
201806 -1,111.364 106.317 -1,331.208
201809 -134.685 106.507 -161.040
201812 -100.979 105.998 -121.318
201903 -96.310 107.251 -114.357
201906 -75.918 108.070 -89.461
201909 -5.841 108.329 -6.866
201912 -3.003 108.420 -3.527
202003 -0.385 108.902 -0.450
202006 -0.406 108.767 -0.475
202009 -0.354 109.815 -0.411
202012 -0.335 109.897 -0.388
202103 -0.278 111.754 -0.317
202106 -0.313 114.631 -0.348
202109 -0.344 115.734 -0.379
202112 -0.026 117.630 -0.028
202203 -0.031 121.301 -0.033
202206 -0.026 125.017 -0.026
202209 -0.027 125.227 -0.027
202212 -0.026 125.222 -0.026
202303 -0.023 127.348 -0.023

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.


Auscrete  (OTCPK:ASCK) 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.


Auscrete Cyclically Adjusted PB Ratio Related Terms

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Auscrete (Auscrete) Business Description

Traded in Other Exchanges
N/A
Address
49 John Day Dam Road, Goldendale, WA, USA, 98920
Auscrete Corp is involved in technologies developed for the construction of housing. It focuses on operating as a supplier in the housing market. It utilizes its lightweight concrete technologies in the construction of housing, as well as commercial structures. Its product portfolio includes residential housing, commercial structures, and buildings in general. It specializes in concrete construction products such as cement and sand.