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Komax Holding AG (XSWX:KOMN) Cyclically Adjusted PB Ratio : 2.08 (As of Jun. 05, 2024)


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What is Komax Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Komax Holding AG's current share price is CHF155.60. Komax Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF74.92. Komax Holding AG's Cyclically Adjusted PB Ratio for today is 2.08.

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

XSWX:KOMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.47   Med: 3.11   Max: 4.72
Current: 2.18

During the past 13 years, Komax Holding AG's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 1.47. And the median was 3.11.

XSWX:KOMN's Cyclically Adjusted PB Ratio is ranked worse than
55.76% of 2154 companies
in the Industrial Products industry
Industry Median: 1.895 vs XSWX:KOMN: 2.18

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.

Komax Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF76.325. 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 CHF74.92 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komax Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Komax Holding 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.

Komax Holding AG Cyclically Adjusted PB Ratio Chart

Komax Holding AG 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 3.33 2.51 3.56 3.48 2.68

Komax Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 3.56 - 3.48 - 2.68

Competitive Comparison of Komax Holding AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Komax Holding 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.


Komax Holding AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Komax Holding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=155.60/74.92
=2.08

* 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.

Komax Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Komax Holding AG'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)
=76.325/106.4612*106.4612
=76.325

Current CPI (Dec23) = 106.4612.

Komax Holding AG Annual Data

Book Value per Share CPI Adj_Book
201412 79.264 100.704 83.796
201512 77.103 99.386 82.592
201612 65.382 99.380 70.041
201712 67.619 100.213 71.835
201812 73.378 100.906 77.418
201912 63.651 101.063 67.051
202012 61.520 100.241 65.338
202112 68.961 101.776 72.136
202212 81.227 104.666 82.620
202312 76.325 106.461 76.325

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.


Komax Holding AG  (XSWX:KOMN) 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.


Komax Holding AG Cyclically Adjusted PB Ratio Related Terms

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


Komax Holding AG (XSWX:KOMN) Business Description

Traded in Other Exchanges
Address
Industriestrasse 6, Dierikon, Lucerne, CHE, 6036
Komax Holding AG is engaged in offering its customers cutting-edge technical solutions for automated wire processing. Its business flows through four market segments. The core business is the automotive market segment, which accounts for more than 75% of revenues. The other three segments are aerospace, data/telecom, and industrial.

Komax Holding AG (XSWX:KOMN) Headlines

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