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Sacyr (LTS:0OFU) Cyclically Adjusted PB Ratio : 1.45 (As of Jun. 02, 2024)


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What is Sacyr Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Sacyr's current share price is €3.444. Sacyr's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €2.38. Sacyr's Cyclically Adjusted PB Ratio for today is 1.45.

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

LTS:0OFU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.7   Max: 1.54
Current: 1.45

During the past years, Sacyr's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.28. And the median was 0.70.

LTS:0OFU's Cyclically Adjusted PB Ratio is ranked worse than
58.17% of 1243 companies
in the Construction industry
Industry Median: 1.12 vs LTS:0OFU: 1.45

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.

Sacyr's adjusted book value per share data for the three months ended in Jun. 2023 was €0.991. 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 €2.38 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sacyr Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sacyr'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.

Sacyr Cyclically Adjusted PB Ratio Chart

Sacyr Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.65 0.66 0.85 1.06

Sacyr Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 0.83 0.88 0.89 1.06 1.31

Competitive Comparison of Sacyr's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Sacyr'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.


Sacyr's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sacyr's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sacyr 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.

Sacyr's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.444/2.38
=1.45

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.991/120.2784*120.2784
=0.991

Current CPI (Jun. 2023) = 120.2784.

Sacyr Quarterly Data

Book Value per Share CPI Adj_Book
201306 2.979 100.994 3.548
201309 2.874 100.597 3.436
201312 1.735 101.306 2.060
201403 1.808 100.139 2.172
201406 2.070 101.081 2.463
201409 2.242 100.441 2.685
201412 2.150 100.251 2.580
201503 2.508 99.474 3.033
201506 2.676 101.138 3.182
201509 3.306 99.559 3.994
201512 3.056 100.268 3.666
201603 3.037 98.638 3.703
201606 3.107 100.333 3.725
201609 3.072 99.737 3.705
201612 3.313 101.842 3.913
201703 3.286 100.896 3.917
201706 2.992 101.848 3.533
201709 3.051 101.524 3.615
201712 3.016 102.975 3.523
201803 2.161 102.122 2.545
201806 2.295 104.165 2.650
201809 2.374 103.818 2.750
201812 2.035 104.193 2.349
201903 1.977 103.488 2.298
201906 2.144 104.612 2.465
201909 1.999 103.905 2.314
201912 1.422 105.015 1.629
202003 1.245 103.469 1.447
202006 1.210 104.254 1.396
202009 1.046 103.521 1.215
202012 0.924 104.456 1.064
202103 0.971 104.857 1.114
202106 0.951 107.102 1.068
202109 1.059 107.669 1.183
202112 0.650 111.298 0.702
202203 0.822 115.153 0.859
202206 0.849 118.044 0.865
202209 0.954 117.221 0.979
202212 0.825 117.650 0.843
202306 0.991 120.278 0.991

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.


Sacyr  (LTS:0OFU) 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.


Sacyr Cyclically Adjusted PB Ratio Related Terms

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


Sacyr (LTS:0OFU) Business Description

Industry
Traded in Other Exchanges
Address
Calle Condesa de Venadito, 7, Madrid, ESP, 28027
Sacyr SA develops complex infrastructure projects and provides construction services for various industrial markets. It constructs roads, buildings, water systems, plants, and equipment to enhance working environments within facilities. The company has four business divisions: construction (the majority of total revenue), concessions, services, and industrial. Its comprehensive range of services primarily relates to the maintenance of facilities, energy-efficient solutions, and environmental services geared toward water treatment and waste management. Concessions have been granted to Sacyr in various countries, as the company looks to build and maintain better transportation networks for the public. It operates on five continents, with Europe and South America both important regions.

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