GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pescanova SA (XMAD:PVA) » Definitions » Cyclically Adjusted PB Ratio

Pescanova (XMAD:PVA) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Pescanova Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pescanova Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pescanova'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.

Pescanova Cyclically Adjusted PB Ratio Chart

Pescanova Annual Data
Trend Dec11 Dec12 Dec13 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Pescanova Semi-Annual Data
Dec11 Jun12 Dec12 Dec13 Jun14 May15 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 - - - - -

Competitive Comparison of Pescanova's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Pescanova'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.


Pescanova's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pescanova's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pescanova 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.

Pescanova's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov22 is calculated as:

For example, Pescanova's adjusted Book Value per Share data for the fiscal year that ended in Nov22 was:

Adj_Book=Book Value per Share/CPI of Nov22 (Change)*Current CPI (Nov22)
=-0.175/117.4737*117.4737
=-0.175

Current CPI (Nov22) = 117.4737.

Pescanova Annual Data

Book Value per Share CPI Adj_Book
201112 -42.426 98.235 -50.735
201212 -52.083 101.052 -60.547
201312 -79.043 101.306 -91.657
201611 0.098 101.241 0.114
201711 0.098 102.928 0.112
201811 0.092 104.663 0.103
201911 0.063 105.091 0.070
202011 0.064 104.235 0.072
202111 0.065 109.984 0.069
202211 -0.175 117.474 -0.175

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.


Pescanova  (XMAD:PVA) 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.


Pescanova Cyclically Adjusted PB Ratio Related Terms

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


Pescanova (XMAD:PVA) Business Description

Traded in Other Exchanges
Address
Rua Jose Fernandez Lopez, Pontevedra, ESP, 36320
Pescanova SA through its engages in the fishing business. It is involved in the aquafarming and industrial exploitation of sea products. Its main activities include production, processing and distribution of fish as food products.

Pescanova (XMAD:PVA) Headlines

No Headlines