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Ecosuntek SpA (MIL:ECK) Cyclically Adjusted PB Ratio : 5.55 (As of May. 26, 2024)


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What is Ecosuntek SpA Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Ecosuntek SpA's current share price is €19.20. Ecosuntek SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was €3.46. Ecosuntek SpA's Cyclically Adjusted PB Ratio for today is 5.55.

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

MIL:ECK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.54   Med: 5.69   Max: 6.99
Current: 5.54

During the past 10 years, Ecosuntek SpA's highest Cyclically Adjusted PB Ratio was 6.99. The lowest was 4.54. And the median was 5.69.

MIL:ECK's Cyclically Adjusted PB Ratio is ranked worse than
92.44% of 450 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs MIL:ECK: 5.54

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.

Ecosuntek SpA's adjusted book value per share data of for the fiscal year that ended in Dec22 was €6.606. 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 €3.46 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecosuntek SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ecosuntek SpA'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.

Ecosuntek SpA Cyclically Adjusted PB Ratio Chart

Ecosuntek SpA 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 - - - - 3.62

Ecosuntek SpA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - 3.62 -

Competitive Comparison of Ecosuntek SpA's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Ecosuntek SpA'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.


Ecosuntek SpA's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ecosuntek SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ecosuntek SpA 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.

Ecosuntek SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.20/3.46
=5.55

* 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.

Ecosuntek SpA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Ecosuntek SpA's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=6.606/119.0000*119.0000
=6.606

Current CPI (Dec22) = 119.0000.

Ecosuntek SpA Annual Data

Book Value per Share CPI Adj_Book
201312 0.519 99.721 0.619
201412 3.327 99.721 3.970
201512 3.321 99.814 3.959
201612 3.006 100.300 3.566
201712 2.492 101.200 2.930
201812 2.579 102.300 3.000
201912 2.352 102.800 2.723
202012 2.811 102.600 3.260
202112 3.583 106.600 4.000
202212 6.606 119.000 6.606

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.


Ecosuntek SpA  (MIL:ECK) 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.


Ecosuntek SpA Cyclically Adjusted PB Ratio Related Terms

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


Ecosuntek SpA (MIL:ECK) Business Description

Traded in Other Exchanges
N/A
Address
Via Madre Teresa di Calcutta, Gualdo Tadino, ITA, 06023
Ecosuntek SpA is an Italian company. It produces systems for renewable energy. The company manufactures photovoltaic plants, small wind turbines, solar and vacuum panels.

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