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Crescent NV (FRA:OINA) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Crescent NV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Crescent NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Crescent NV'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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Crescent NV Cyclically Adjusted PB Ratio Chart

Crescent NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Crescent NV Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Crescent NV's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Crescent NV'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.


Crescent NV's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Crescent NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Crescent NV 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.

Crescent NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Crescent NV's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.005/126.5776*126.5776
=0.005

Current CPI (Dec22) = 126.5776.

Crescent NV Annual Data

Book Value per Share CPI Adj_Book
201312 -0.071 99.462 -0.090
201412 -0.161 99.086 -0.206
201512 -0.286 100.572 -0.360
201612 -0.357 102.614 -0.440
201712 0.019 104.804 0.023
201812 0.007 107.252 0.008
201912 0.007 108.065 0.008
202012 0.004 108.511 0.005
202112 0.003 114.705 0.003
202212 0.005 126.578 0.005

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.


Crescent NV  (FRA:OINA) 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.


Crescent NV Cyclically Adjusted PB Ratio Related Terms

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Crescent NV (FRA:OINA) Business Description

Industry
Traded in Other Exchanges
Address
Gaston Geenslaan 14, Leuven, BEL, 3001
Crescent NV is a Belgium-based end-to-end IoT solutions integrator. The group is organized in three business units: Crescent Solutions, formed by Option, which is a renowned developer and manufacturer of IoT components and solutions for worldwide markets; SAIT; and Maro. It is also a leading developer and producer of smart and energy-efficient public lighting based on LED technology; trusted provider of managed, cloud and infrastructure services.

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