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Plastic Omnium (XSWX:POM) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2024)


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What is Plastic Omnium Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plastic Omnium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plastic Omnium'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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Plastic Omnium Cyclically Adjusted PB Ratio Chart

Plastic Omnium 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 2.82 2.90 2.09 1.10 0.89

Plastic Omnium 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 2.09 - 1.10 - 0.89

Competitive Comparison of Plastic Omnium's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Plastic Omnium'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.


Plastic Omnium's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Plastic Omnium 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.

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

For example, Plastic Omnium'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)
=12.59/118.3900*118.3900
=12.590

Current CPI (Dec23) = 118.3900.

Plastic Omnium Annual Data

Book Value per Share CPI Adj_Book
201412 8.579 99.860 10.171
201512 9.273 100.040 10.974
201612 10.735 100.650 12.627
201712 13.693 101.850 15.917
201812 16.091 103.470 18.411
201912 16.766 104.980 18.908
202012 13.873 104.960 15.648
202112 14.113 107.850 15.492
202212 12.796 114.160 13.270
202312 12.590 118.390 12.590

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.


Plastic Omnium  (XSWX:POM) 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.


Plastic Omnium Cyclically Adjusted PB Ratio Related Terms

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Plastic Omnium (XSWX:POM) Business Description

Traded in Other Exchanges
Address
1, Allee Pierre-Burelle, Levallois-Perret, Paris, FRA, 92300
Plastic Omnium is a producer and supplier of automotive body parts and fuel systems. The company operates two business segments: Plastic Omnium Industries and Plastic Omnium Modules. The Industries division manufactures and sells automotive body parts, such as bumpers and tailgates, and fuel systems, including clean energy systems, exclusively to carmakers. The Modules division includes front-end modules assembly and logistics. The company owns a controlling stake in HBPO, which develops and distributes complex automotive technological elements. The company operates in Europe, North America, Asia, South America, and Africa, with carmakers as its main clients. Plastic Omnium generates the majority of its revenue in Europe and North America.