GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Odlewnie Polskie SA (WAR:ODL) » Definitions » Cyclically Adjusted PB Ratio

Odlewnie Polskie (WAR:ODL) Cyclically Adjusted PB Ratio : 2.09 (As of Jun. 08, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Odlewnie Polskie Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Odlewnie Polskie's current share price is zł9.78. Odlewnie Polskie's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł4.67. Odlewnie Polskie's Cyclically Adjusted PB Ratio for today is 2.09.

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

WAR:ODL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 2.15   Max: 3.09
Current: 2.12

During the past years, Odlewnie Polskie's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 1.58. And the median was 2.15.

WAR:ODL's Cyclically Adjusted PB Ratio is ranked worse than
54.54% of 2169 companies
in the Industrial Products industry
Industry Median: 1.89 vs WAR:ODL: 2.12

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.

Odlewnie Polskie's adjusted book value per share data for the three months ended in Dec. 2023 was zł7.193. 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 zł4.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Odlewnie Polskie Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Odlewnie Polskie'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.

Odlewnie Polskie Cyclically Adjusted PB Ratio Chart

Odlewnie Polskie 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 2.23 2.04 2.01 1.83 2.02

Odlewnie Polskie Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.83 2.10 2.31 2.01 2.02

Competitive Comparison of Odlewnie Polskie's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Odlewnie Polskie'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.


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

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

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



Odlewnie Polskie 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.

Odlewnie Polskie's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.78/4.67
=2.09

* 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.

Odlewnie Polskie's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.193/147.7411*147.7411
=7.193

Current CPI (Dec. 2023) = 147.7411.

Odlewnie Polskie Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.410 101.018 2.062
201403 1.492 101.262 2.177
201406 1.556 101.180 2.272
201409 1.630 100.611 2.394
201412 1.533 100.122 2.262
201503 1.619 100.041 2.391
201506 1.711 100.448 2.517
201509 1.836 99.634 2.722
201512 2.110 99.471 3.134
201603 2.255 98.983 3.366
201609 2.621 99.064 3.909
201612 2.729 100.366 4.017
201703 2.842 101.018 4.157
201706 0.000 101.180 0.000
201709 3.003 101.343 4.378
201712 2.942 102.564 4.238
201803 3.125 102.564 4.501
201806 2.845 103.378 4.066
201809 3.081 103.378 4.403
201812 3.312 103.785 4.715
201903 3.652 104.274 5.174
201906 3.500 105.983 4.879
201909 3.779 105.983 5.268
201912 3.912 107.123 5.395
202003 4.161 109.076 5.636
202006 4.373 109.402 5.906
202009 4.119 109.320 5.567
202012 4.213 109.565 5.681
202103 4.466 112.658 5.857
202106 0.000 113.960 0.000
202109 4.608 115.588 5.890
202112 4.895 119.088 6.073
202203 5.355 125.031 6.328
202206 5.193 131.705 5.825
202209 5.671 135.531 6.182
202212 5.975 139.113 6.346
202303 6.887 145.950 6.972
202306 6.670 147.009 6.703
202309 6.999 146.113 7.077
202312 7.193 147.741 7.193

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.


Odlewnie Polskie  (WAR:ODL) 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.


Odlewnie Polskie Cyclically Adjusted PB Ratio Related Terms

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


Odlewnie Polskie (WAR:ODL) Business Description

Traded in Other Exchanges
N/A
Address
Aleja Wyzwolenia 70, Starachowice, POL, 27-200
Odlewnie Polskie SA is involved in producing and selling castings in Poland. It offers castings made of grey cast iron, nodular cast iron, ADI cast iron, SiMo cast iron, and steel cast materials for use in the machine, automotive, heavy rail, energy, and appliance industries, as well as in industrial instruments, and plumbing and sewage systems.

Odlewnie Polskie (WAR:ODL) Headlines

No Headlines