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Croma Security Solutions Group (LSE:CSSG) Cyclically Adjusted PB Ratio : 0.84 (As of Jun. 01, 2024)


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What is Croma Security Solutions Group Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Croma Security Solutions Group's current share price is £0.73. Croma Security Solutions Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was £0.87. Croma Security Solutions Group's Cyclically Adjusted PB Ratio for today is 0.84.

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

LSE:CSSG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.1   Max: 2.25
Current: 0.84

During the past 13 years, Croma Security Solutions Group's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.50. And the median was 1.10.

LSE:CSSG's Cyclically Adjusted PB Ratio is ranked better than
71.75% of 669 companies
in the Business Services industry
Industry Median: 1.61 vs LSE:CSSG: 0.84

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.

Croma Security Solutions Group's adjusted book value per share data of for the fiscal year that ended in Jun23 was £1.074. 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 £0.87 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Croma Security Solutions Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Croma Security Solutions Group'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.

Croma Security Solutions Group Cyclically Adjusted PB Ratio Chart

Croma Security Solutions Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.06 1.10 0.90 0.55

Croma Security Solutions Group 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 - 0.90 - 0.55 -

Competitive Comparison of Croma Security Solutions Group's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Croma Security Solutions Group'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.


Croma Security Solutions Group's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Croma Security Solutions Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Croma Security Solutions Group's Cyclically Adjusted PB Ratio falls into.



Croma Security Solutions Group 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.

Croma Security Solutions Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.73/0.87
=0.84

* 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.

Croma Security Solutions Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Croma Security Solutions Group's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=1.074/129.4000*129.4000
=1.074

Current CPI (Jun23) = 129.4000.

Croma Security Solutions Group Annual Data

Book Value per Share CPI Adj_Book
201406 0.588 99.800 0.762
201506 0.600 100.100 0.776
201606 0.593 101.000 0.760
201706 0.609 103.500 0.761
201806 0.697 105.900 0.852
201906 0.805 107.900 0.965
202006 0.785 108.800 0.934
202106 0.831 111.400 0.965
202206 0.815 120.500 0.875
202306 1.074 129.400 1.074

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.


Croma Security Solutions Group  (LSE:CSSG) 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.


Croma Security Solutions Group Cyclically Adjusted PB Ratio Related Terms

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


Croma Security Solutions Group (LSE:CSSG) Business Description

Traded in Other Exchanges
N/A
Address
Unit 7 and 8, Solent Way, Fulcrum 4, Fareham, Whiteley, Hampshire, GBR, PO15 7FT
Croma Security Solutions Group PLC is a UK based company, engaged in providing security services. Business activity of the group is operated through segments namely Croma Fire and Security, and Croma Locksmiths. The company offers asset protection through CTV security, fire, and alarm systems; identity management and access control; biometric entry systems; Locksmithing Keys, locks, and safes. The group derives majority of its revenue from Croma Locksmiths segment.

Croma Security Solutions Group (LSE:CSSG) Headlines

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