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Bertrandt AG (WBO:BDT) Cyclically Adjusted PB Ratio : 0.84 (As of Jun. 02, 2024)


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What is Bertrandt AG Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Bertrandt AG's current share price is €37.10. Bertrandt AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €44.08. Bertrandt AG's Cyclically Adjusted PB Ratio for today is 0.84.

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

WBO:BDT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.69   Max: 4.86
Current: 0.84

During the past years, Bertrandt AG's highest Cyclically Adjusted PB Ratio was 4.86. The lowest was 0.71. And the median was 1.69.

WBO:BDT's Cyclically Adjusted PB Ratio is ranked better than
66.73% of 980 companies
in the Vehicles & Parts industry
Industry Median: 1.325 vs WBO:BDT: 0.84

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.

Bertrandt AG's adjusted book value per share data for the three months ended in Mar. 2024 was €44.922. 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 €44.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bertrandt AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bertrandt AG'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.

Bertrandt AG Cyclically Adjusted PB Ratio Chart

Bertrandt AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.03 1.49 0.85 1.02

Bertrandt AG 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 1.20 - 1.02 - 1.04

Competitive Comparison of Bertrandt AG's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Bertrandt AG'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.


Bertrandt AG's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bertrandt AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bertrandt AG 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.

Bertrandt AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.10/44.08
=0.84

* 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.

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

For example, Bertrandt AG'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)
=44.922/125.0381*125.0381
=44.922

Current CPI (Mar. 2024) = 125.0381.

Bertrandt AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.779 99.543 32.382
201409 27.755 99.823 34.766
201412 29.207 99.543 36.688
201503 28.386 99.717 35.594
201506 29.639 100.417 36.906
201509 31.698 100.417 39.470
201512 33.355 99.717 41.825
201603 32.070 100.017 40.093
201606 33.434 100.717 41.508
201609 35.470 101.017 43.905
201612 36.640 101.217 45.263
201703 35.431 101.417 43.683
201706 35.629 102.117 43.626
201709 37.295 102.717 45.399
201712 38.224 102.617 46.576
201803 36.955 102.917 44.898
201806 37.778 104.017 45.413
201809 39.324 104.718 46.955
201812 40.523 104.217 48.619
201903 39.693 104.217 47.623
201906 40.343 105.718 47.716
201909 41.276 106.018 48.681
201912 41.930 105.818 49.546
202003 40.753 105.718 48.201
202006 40.393 106.618 47.372
202009 39.963 105.818 47.222
202012 39.782 105.518 47.142
202103 39.982 107.518 46.497
202106 39.976 108.486 46.075
202109 40.497 109.435 46.271
202112 0.000 110.384 0.000
202203 40.107 113.968 44.003
202206 0.000 115.760 0.000
202209 42.757 118.818 44.995
202212 0.000 119.345 0.000
202303 43.140 122.402 44.069
202306 0.000 123.140 0.000
202309 44.987 124.195 45.293
202312 0.000 123.773 0.000
202403 44.922 125.038 44.922

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.


Bertrandt AG  (WBO:BDT) 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.


Bertrandt AG Cyclically Adjusted PB Ratio Related Terms

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


Bertrandt AG (WBO:BDT) Business Description

Traded in Other Exchanges
Address
Birkensee 1, Ehningen, DEU, 71139
Bertrandt AG offers various solutions for the automotive and aviation industries. The company works under segments like Digital Engineering, Physical Engineering, and Electronics Systems. The company generates the majority of its revenue in its digital engineering segment which comprises of the design of vehicle components for the interior, exterior, powertrain, chassis or body as well as the development of complete vehicles including numerical analysis. The aerospace business and other industries are also allocated to this segment. Geographically, the company's end markets are focused on Germany and Europe, with some operations in USA, Africa and Asia.

Bertrandt AG (WBO:BDT) Headlines

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