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Romcarbon (BSE:ROCE) Cyclically Adjusted PB Ratio : 0.53 (As of Jun. 06, 2024)


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What is Romcarbon Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Romcarbon's current share price is lei0.175. Romcarbon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was lei0.33. Romcarbon's Cyclically Adjusted PB Ratio for today is 0.53.

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

BSE:ROCE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.63   Max: 0.75
Current: 0.54

During the past years, Romcarbon's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.51. And the median was 0.63.

BSE:ROCE's Cyclically Adjusted PB Ratio is ranked better than
79.47% of 302 companies
in the Packaging & Containers industry
Industry Median: 1.25 vs BSE:ROCE: 0.54

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.

Romcarbon's adjusted book value per share data for the three months ended in Mar. 2024 was lei0.282. 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 lei0.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Romcarbon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Romcarbon'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.

Romcarbon Cyclically Adjusted PB Ratio Chart

Romcarbon 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 - - - 0.55 0.62

Romcarbon Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.74 0.63 0.65 0.62 0.55

Competitive Comparison of Romcarbon's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Romcarbon'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.


Romcarbon's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Romcarbon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Romcarbon 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.

Romcarbon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.175/0.33
=0.53

* 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.

Romcarbon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Romcarbon's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.282/131.7762*131.7762
=0.282

Current CPI (Mar. 2024) = 131.7762.

Romcarbon Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.296 96.871 0.403
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.216 98.790 0.288
201312 0.254 98.326 0.340
201403 0.229 99.695 0.303
201406 0.260 100.560 0.341
201409 0.234 100.428 0.307
201412 0.271 99.070 0.360
201503 0.251 99.621 0.332
201506 0.278 100.684 0.364
201509 0.253 100.392 0.332
201512 0.283 99.792 0.374
201603 0.249 100.470 0.327
201606 0.284 101.688 0.368
201609 0.250 101.861 0.323
201612 0.284 101.863 0.367
201703 0.249 102.862 0.319
201706 0.279 103.349 0.356
201712 0.277 104.011 0.351
201806 0.280 106.317 0.347
201812 0.268 105.998 0.333
201906 0.265 108.070 0.323
201912 0.262 108.420 0.318
202006 0.259 108.767 0.314
202009 0.000 109.815 0.000
202012 0.263 109.897 0.315
202103 0.000 111.754 0.000
202106 0.266 114.631 0.306
202109 0.269 115.734 0.306
202112 0.261 117.630 0.292
202203 0.270 121.301 0.293
202206 0.276 125.017 0.291
202209 0.282 125.227 0.297
202212 0.319 125.222 0.336
202303 0.325 127.348 0.336
202306 0.295 128.729 0.302
202309 0.293 129.860 0.297
202312 0.286 129.419 0.291
202403 0.282 131.776 0.282

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.


Romcarbon  (BSE:ROCE) 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.


Romcarbon Cyclically Adjusted PB Ratio Related Terms

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


Romcarbon (BSE:ROCE) Business Description

Traded in Other Exchanges
N/A
Address
No. 132, Strada Transilvaniei, Buzau, ROU, 120012
Romcarbon SA is engaged in the plastic processing in Romania. It is engaged in manufacturing of plastic articles which include plastic plates, foils, tubes and profiles. Its product portfolio includes polypropylene (PP) bags and bands; polyethylene agriculture foil, heat shrinkable film and bags; polystyrene trays and plates, and polyvinyl chloride (PVC) pipes, fittings, electro insulating tubes, foil, and packages, among others. Geographically the company distributes its products nationally and abroad.

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