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Alfa Plam a.d (XBEL:ALFA) Cyclically Adjusted PB Ratio : 0.41 (As of Jun. 05, 2024)


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What is Alfa Plam a.d Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Alfa Plam a.d's current share price is RSD21010.00. Alfa Plam a.d's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 was RSD51,379.20. Alfa Plam a.d's Cyclically Adjusted PB Ratio for today is 0.41.

The historical rank and industry rank for Alfa Plam a.d's Cyclically Adjusted PB Ratio or its related term are showing as below:

XBEL:ALFA's Cyclically Adjusted PB Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.51
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Alfa Plam a.d's adjusted book value per share data of for the fiscal year that ended in Dec21 was RSD61,647.343. 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 RSD51,379.20 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfa Plam a.d Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alfa Plam a.d'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.

Alfa Plam a.d Cyclically Adjusted PB Ratio Chart

Alfa Plam a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.94 0.64 0.47 0.53

Alfa Plam a.d Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 - 0.47 - 0.53 -

Competitive Comparison of Alfa Plam a.d's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Alfa Plam a.d'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.


Alfa Plam a.d's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Plam a.d's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alfa Plam a.d's Cyclically Adjusted PB Ratio falls into.



Alfa Plam a.d 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.

Alfa Plam a.d's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21010.00/51379.2
=0.41

* 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.

Alfa Plam a.d's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Alfa Plam a.d's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=61647.343/117.6295*117.6295
=61,647.343

Current CPI (Dec21) = 117.6295.

Alfa Plam a.d Annual Data

Book Value per Share CPI Adj_Book
201212 30,940.228 96.871 37,570.375
201312 34,173.034 98.326 40,881.974
201412 37,518.674 99.070 44,547.454
201512 41,499.212 99.792 48,916.867
201612 45,546.228 101.863 52,596.093
201712 49,891.591 104.011 56,424.006
201812 51,999.294 105.998 57,705.397
201912 53,357.516 108.420 57,889.800
202012 51,956.988 109.897 55,612.852
202112 61,647.343 117.630 61,647.343

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.


Alfa Plam a.d  (XBEL:ALFA) 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.


Alfa Plam a.d Cyclically Adjusted PB Ratio Related Terms

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Alfa Plam a.d (XBEL:ALFA) Business Description

Traded in Other Exchanges
N/A
Address
Radni?ka 1, Vranje, SRB, 17500
Alfa Plam a.d is a manufacturer of non-electric household appliances. The company's product offerings include solid fuel furnaces and stoves, solid fuel fireplaces and stoves, gas furnaces, central heating stoves, boilers, electric and electric gas programs. The company markets its products in the domestic as well as in Europe's markets. The products of Alfa-Plam are primarily intended for the households market.

Alfa Plam a.d (XBEL:ALFA) Headlines

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