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GEA Group AG (GEA Group AG) Cyclically Adjusted PB Ratio : 2.47 (As of Jun. 07, 2024)


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What is GEA Group AG Cyclically Adjusted PB Ratio?

As of today (2024-06-07), GEA Group AG's current share price is $41.32. GEA Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.71. GEA Group AG's Cyclically Adjusted PB Ratio for today is 2.47.

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

GEAGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.35   Max: 3.51
Current: 2.49

During the past years, GEA Group AG's highest Cyclically Adjusted PB Ratio was 3.51. The lowest was 1.28. And the median was 2.35.

GEAGF's Cyclically Adjusted PB Ratio is ranked worse than
61.32% of 2169 companies
in the Industrial Products industry
Industry Median: 1.89 vs GEAGF: 2.49

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.

GEA Group AG's adjusted book value per share data for the three months ended in Mar. 2024 was $15.727. 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 $16.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GEA Group AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GEA Group 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.

GEA Group AG Cyclically Adjusted PB Ratio Chart

GEA Group 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 2.22 2.21 3.49 2.58 2.47

GEA Group 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 2.77 2.52 2.28 2.47 2.55

Competitive Comparison of GEA Group AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, GEA Group 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.


GEA Group AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GEA Group AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GEA Group 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.

GEA Group AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.32/16.71
=2.47

* 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.

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

For example, GEA Group 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)
=15.727/125.0381*125.0381
=15.727

Current CPI (Mar. 2024) = 125.0381.

GEA Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.270 99.543 20.437
201409 16.271 99.823 20.381
201412 16.185 99.543 20.330
201503 14.935 99.717 18.728
201506 14.703 100.417 18.308
201509 15.453 100.417 19.242
201512 16.092 99.717 20.178
201603 16.236 100.017 20.298
201606 16.013 100.717 19.880
201609 16.128 101.017 19.963
201612 16.412 101.217 20.275
201703 16.785 101.417 20.694
201706 15.799 102.117 19.345
201709 16.269 102.717 19.804
201712 15.890 102.617 19.362
201803 16.804 102.917 20.416
201806 15.601 104.017 18.754
201809 16.008 104.718 19.114
201812 15.435 104.217 18.519
201903 15.561 104.217 18.670
201906 14.507 105.718 17.158
201909 14.517 106.018 17.121
201912 12.864 105.818 15.201
202003 12.924 105.718 15.286
202006 12.814 106.618 15.028
202009 13.446 105.818 15.888
202012 12.948 105.518 15.343
202103 13.543 107.518 15.750
202106 13.158 108.486 15.166
202109 13.357 109.435 15.261
202112 13.163 110.384 14.911
202203 13.565 113.968 14.883
202206 13.436 115.760 14.513
202209 13.276 118.818 13.971
202212 14.016 119.345 14.685
202303 14.524 122.402 14.837
202306 14.212 123.140 14.431
202309 15.014 124.195 15.116
202312 15.170 123.773 15.325
202403 15.727 125.038 15.727

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.


GEA Group AG  (OTCPK:GEAGF) 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.


GEA Group AG Cyclically Adjusted PB Ratio Related Terms

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


GEA Group AG (GEA Group AG) Business Description

Address
Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468
GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.