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Broadwind (STU:9IRA) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 02, 2024)


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What is Broadwind Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Broadwind's current share price is €3.505. Broadwind's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.06. Broadwind's Cyclically Adjusted PB Ratio for today is 0.86.

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

STU:9IRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.4   Max: 1.84
Current: 0.86

During the past years, Broadwind's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.11. And the median was 0.40.

STU:9IRA's Cyclically Adjusted PB Ratio is ranked better than
77.53% of 2154 companies
in the Industrial Products industry
Industry Median: 1.88 vs STU:9IRA: 0.86

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.

Broadwind's adjusted book value per share data for the three months ended in Mar. 2024 was €2.464. 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 €4.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadwind Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Broadwind'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.

Broadwind Cyclically Adjusted PB Ratio Chart

Broadwind 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 0.22 1.34 0.35 0.36 0.61

Broadwind 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 0.78 0.79 0.68 0.61 0.53

Competitive Comparison of Broadwind's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Broadwind'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.


Broadwind's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Broadwind 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.505/4.06
=0.86

* 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.

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

For example, Broadwind'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)
=2.464/131.7762*131.7762
=2.464

Current CPI (Mar. 2024) = 131.7762.

Broadwind Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.819 100.560 6.315
201409 4.975 100.428 6.528
201412 4.919 99.070 6.543
201503 5.280 99.621 6.984
201506 5.194 100.684 6.798
201509 4.732 100.392 6.211
201512 4.204 99.792 5.551
201603 4.087 100.470 5.360
201606 4.020 101.688 5.209
201609 4.074 101.861 5.270
201612 4.363 101.863 5.644
201703 4.689 102.862 6.007
201706 4.415 103.349 5.629
201709 4.030 104.136 5.100
201712 3.671 104.011 4.651
201803 3.252 105.290 4.070
201806 3.095 106.317 3.836
201809 3.046 106.507 3.769
201812 2.426 105.998 3.016
201903 2.367 107.251 2.908
201906 2.311 108.070 2.818
201909 2.323 108.329 2.826
201912 2.216 108.420 2.693
202003 2.285 108.902 2.765
202006 2.257 108.767 2.734
202009 2.117 109.815 2.540
202012 1.973 109.897 2.366
202103 2.085 111.754 2.459
202106 2.517 114.631 2.893
202109 2.494 115.734 2.840
202112 2.412 117.630 2.702
202203 2.349 121.301 2.552
202206 2.296 125.017 2.420
202209 2.375 125.227 2.499
202212 2.095 125.222 2.205
202303 2.122 127.348 2.196
202306 2.140 128.729 2.191
202309 2.380 129.860 2.415
202312 2.382 129.419 2.425
202403 2.464 131.776 2.464

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.


Broadwind  (STU:9IRA) 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.


Broadwind Cyclically Adjusted PB Ratio Related Terms

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


Broadwind (STU:9IRA) Business Description

Traded in Other Exchanges
Address
3240 S. Central Avenue, Cicero, IL, USA, 60804
Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.

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