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Autogrill SpA (MIL:AGL) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Autogrill SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Autogrill SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Autogrill SpA'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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Autogrill SpA Cyclically Adjusted PB Ratio Chart

Autogrill SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Autogrill SpA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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Competitive Comparison of Autogrill SpA's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Autogrill SpA'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.


Autogrill SpA's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Autogrill SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Autogrill SpA 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.

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

For example, Autogrill SpA'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)
=2.385/119.0000*119.0000
=2.385

Current CPI (Dec22) = 119.0000.

Autogrill SpA Annual Data

Book Value per Share CPI Adj_Book
201312 1.444 99.721 1.723
201412 1.600 99.721 1.909
201512 1.948 99.814 2.322
201612 2.241 100.300 2.659
201712 2.261 101.200 2.659
201812 2.386 102.300 2.776
201912 2.986 102.800 3.457
202012 1.196 102.600 1.387
202112 2.418 106.600 2.699
202212 2.385 119.000 2.385

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.


Autogrill SpA  (MIL:AGL) 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.


Autogrill SpA Cyclically Adjusted PB Ratio Related Terms

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Autogrill SpA (MIL:AGL) Business Description

Traded in Other Exchanges
N/A
Address
Centro Direzionale Milanofiori, Palazzo Z, Strada 5, Rozzano, ITA, 20089
Autogrill SpA operates thousands of food and beverage concession stands designed mostly for travellers. It has thousands of locations along motorways and in airports, train stations, and shopping centers. Autogrill's concession stands operate both as proprietary brands, such as Ciao, Bistrot, Puro Gusto, Motta, and Beaudeven, as well as licensed local and international brands, such as Starbucks, Burger King, and Brioche Doree. Roughly half of the company's revenue is generated in North America, where the company has most of its airport locations. The remaining revenue comes from Europe, where the company has far more total locations consisting mostly of locations along motorways in Italy and other parts of Europe.