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Obrascon Huarte Lain (Obrascon Huarte Lain) Cyclically Adjusted PB Ratio : 0.04 (As of Jun. 02, 2024)


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What is Obrascon Huarte Lain Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Obrascon Huarte Lain's current share price is $0.35. Obrascon Huarte Lain's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $9.06. Obrascon Huarte Lain's Cyclically Adjusted PB Ratio for today is 0.04.

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

OBSJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.16
Current: 0.05

During the past years, Obrascon Huarte Lain's highest Cyclically Adjusted PB Ratio was 0.16. The lowest was 0.04. And the median was 0.06.

OBSJF's Cyclically Adjusted PB Ratio is ranked better than
98.63% of 1243 companies
in the Construction industry
Industry Median: 1.12 vs OBSJF: 0.05

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.

Obrascon Huarte Lain's adjusted book value per share data for the three months ended in Sep. 2023 was $1.020. 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 $9.06 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Obrascon Huarte Lain Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Obrascon Huarte Lain'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.

Obrascon Huarte Lain Cyclically Adjusted PB Ratio Chart

Obrascon Huarte Lain 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 0.06 0.10 0.06 0.11 0.05

Obrascon Huarte Lain Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.06 0.05 0.06 0.06 0.05

Competitive Comparison of Obrascon Huarte Lain's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Obrascon Huarte Lain'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.


Obrascon Huarte Lain's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Obrascon Huarte Lain 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.

Obrascon Huarte Lain's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.35/9.06
=0.04

* 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.

Obrascon Huarte Lain's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Obrascon Huarte Lain's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.02/121.3426*121.3426
=1.020

Current CPI (Sep. 2023) = 121.3426.

Obrascon Huarte Lain Quarterly Data

Book Value per Share CPI Adj_Book
201312 14.442 101.306 17.298
201403 14.740 100.139 17.861
201406 13.991 101.081 16.796
201409 14.174 100.441 17.124
201412 12.209 100.251 14.778
201503 11.921 99.474 14.542
201506 11.683 101.138 14.017
201509 10.796 99.559 13.158
201512 8.649 100.268 10.467
201603 8.905 98.638 10.955
201606 8.745 100.333 10.576
201609 8.552 99.737 10.405
201612 6.979 101.842 8.315
201703 68.323 100.896 82.169
201706 7.576 101.848 9.026
201709 7.539 101.524 9.011
201712 6.968 102.975 8.211
201803 5.679 102.122 6.748
201806 4.542 104.165 5.291
201809 2.811 103.818 3.285
201812 2.430 104.193 2.830
201903 2.383 103.488 2.794
201906 2.320 104.612 2.691
201909 2.260 103.905 2.639
201912 1.894 105.015 2.188
202003 1.838 103.469 2.156
202006 1.755 104.254 2.043
202009 1.579 103.521 1.851
202012 1.534 104.456 1.782
202103 1.462 104.857 1.692
202106 1.395 107.102 1.580
202109 1.326 107.669 1.494
202112 1.194 111.298 1.302
202203 1.176 115.153 1.239
202206 1.074 118.044 1.104
202209 1.008 117.221 1.043
202212 1.002 117.650 1.033
202303 1.000 118.948 1.020
202306 1.019 120.278 1.028
202309 1.020 121.343 1.020

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.


Obrascon Huarte Lain  (OTCPK:OBSJF) 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.


Obrascon Huarte Lain Cyclically Adjusted PB Ratio Related Terms

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


Obrascon Huarte Lain (Obrascon Huarte Lain) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 259 D, Torrespacio, Madrid, ESP, D-28046
Obrascon Huarte Lain SA is engaged in providing all manner of civil engineering and building construction works for public and private customers. Its object also includes the provision of public and private services, the operation of service concession arrangements and hotel complexes, real estate development and the sale of properties.

Obrascon Huarte Lain (Obrascon Huarte Lain) Headlines

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