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Financiere Marjos (XPAR:FINM) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Financiere Marjos Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Financiere Marjos Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Financiere Marjos'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.

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Financiere Marjos Cyclically Adjusted PB Ratio Chart

Financiere Marjos Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Financiere Marjos Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Mar15 Mar16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Financiere Marjos's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Financiere Marjos'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.


Financiere Marjos's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Financiere Marjos's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Financiere Marjos 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.

Financiere Marjos's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Financiere Marjos's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.041/118.3900*118.3900
=-0.041

Current CPI (Dec23) = 118.3900.

Financiere Marjos Annual Data

Book Value per Share CPI Adj_Book
201403 -0.300 100.240 -0.354
201503 -0.293 100.170 -0.346
201603 -0.318 100.020 -0.376
201703 -0.316 101.170 -0.370
201812 -0.536 103.470 -0.613
201912 -0.677 104.980 -0.763
202012 -0.007 104.960 -0.008
202112 -0.042 107.850 -0.046
202212 -0.040 114.160 -0.041
202312 -0.041 118.390 -0.041

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.


Financiere Marjos  (XPAR:FINM) 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.


Financiere Marjos Cyclically Adjusted PB Ratio Related Terms

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Financiere Marjos (XPAR:FINM) Business Description

Traded in Other Exchanges
N/A
Address
112, avenue Kleber, Paris, FRA, 75116
Financiere Marjos specializes in the creating, installing, acquiring, and operating, all types of manufacturing, sales, leasing, and service companies, with no limitations or restrictions, in all branches of industry and commerce. It is also engaged in financial, administrative and IT management in general and the administration of its buildings.