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Leoni AG (Leoni AG) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 11, 2024)


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What is Leoni AG Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Leoni AG's current share price is $0.03. Leoni AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was $6.06. Leoni AG's Cyclically Adjusted PB Ratio for today is 0.00.

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

LNNNY's Cyclically Adjusted PB Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.8
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Leoni AG's adjusted book value per share data for the three months ended in Dec. 2022 was $-3.064. 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 $6.06 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leoni AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Leoni 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.

Leoni AG Cyclically Adjusted PB Ratio Chart

Leoni AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.39 0.25 0.38 0.21

Leoni AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.38 0.35 0.26 0.22 0.21

Competitive Comparison of Leoni AG's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Leoni 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.


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

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

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



Leoni 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/6.06
=0.00

* 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.

Leoni AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Leoni AG's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-3.064/119.3449*119.3449
=-3.064

Current CPI (Dec. 2022) = 119.3449.

Leoni AG Quarterly Data

Book Value per Share CPI Adj_Book
201303 8.013 98.516 9.707
201306 7.838 98.516 9.495
201309 8.004 98.983 9.651
201312 8.662 99.356 10.405
201403 8.958 99.543 10.740
201406 8.848 99.543 10.608
201409 8.708 99.823 10.411
201412 8.645 99.543 10.365
201503 8.206 99.717 9.821
201506 8.500 100.417 10.102
201509 8.423 100.417 10.011
201512 8.291 99.717 9.923
201603 8.280 100.017 9.880
201606 8.069 100.717 9.561
201609 7.702 101.017 9.099
201612 7.325 101.217 8.637
201703 7.796 101.417 9.174
201706 8.433 102.117 9.856
201709 9.109 102.717 10.584
201712 9.360 102.617 10.886
201803 10.149 102.917 11.769
201806 9.739 104.017 11.174
201809 9.937 104.718 11.325
201812 9.363 104.217 10.722
201903 8.211 104.217 9.403
201906 7.668 105.718 8.656
201909 6.623 106.018 7.456
201912 5.394 105.818 6.084
202003 4.739 105.718 5.350
202006 3.476 106.618 3.891
202009 3.246 105.818 3.661
202012 2.462 105.518 2.785
202103 2.555 107.518 2.836
202106 2.632 108.486 2.895
202109 2.270 109.435 2.476
202112 1.971 110.384 2.131
202203 2.442 113.968 2.557
202206 2.132 115.760 2.198
202209 1.348 118.818 1.354
202212 -3.064 119.345 -3.064

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.


Leoni AG  (OTCPK:LNNNY) 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.


Leoni AG Cyclically Adjusted PB Ratio Related Terms

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


Leoni AG (Leoni AG) Business Description

Traded in Other Exchanges
N/A
Address
Marienstrasse 7, Nuremberg, DEU, D-90402
Leoni AG is a manufacturer of wiring systems used in the automotive, healthcare, communications, and infrastructure industries. The company operates two business segments: wiring systems and wire & cable solutions, which offer entire wiring systems and harnesses, as well as various copper, hybrid, and optical cables and fibers. Its customers include carmakers, automotive suppliers, commercial vehicle manufacturers, the agricultural and special vehicles industry, and makers of power sports vehicles. Leoni generates the largest share of its revenue in Europe, with a focus on Germany and Eastern Europe. The company also has end markets in the Americas and Asia.

Leoni AG (Leoni AG) Headlines