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Apanet (WAR:APA) Cyclically Adjusted PB Ratio : 6.48 (As of Jun. 06, 2024)


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What is Apanet Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Apanet's current share price is zł2.14. Apanet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.33. Apanet's Cyclically Adjusted PB Ratio for today is 6.48.

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

WAR:APA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.27   Med: 6.3   Max: 7.27
Current: 6.51

During the past years, Apanet's highest Cyclically Adjusted PB Ratio was 7.27. The lowest was 5.27. And the median was 6.30.

WAR:APA's Cyclically Adjusted PB Ratio is ranked worse than
91.87% of 1895 companies
in the Hardware industry
Industry Median: 1.68 vs WAR:APA: 6.51

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.

Apanet's adjusted book value per share data for the three months ended in Mar. 2024 was zł0.132. 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 zł0.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apanet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Apanet'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.

Apanet Cyclically Adjusted PB Ratio Chart

Apanet Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Apanet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - 6.07 7.31

Competitive Comparison of Apanet's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Apanet'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.


Apanet's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apanet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Apanet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.14/0.33
=6.48

* 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.

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

For example, Apanet'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)
=0.132/149.0435*149.0435
=0.132

Current CPI (Mar. 2024) = 149.0435.

Apanet Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 101.262 0.000
201406 0.000 101.180 0.000
201409 0.000 100.611 0.000
201412 0.193 100.122 0.287
201503 0.165 100.041 0.246
201506 0.154 100.448 0.229
201509 0.250 99.634 0.374
201512 0.493 99.471 0.739
201603 0.394 98.983 0.593
201606 0.378 99.552 0.566
201609 0.292 99.064 0.439
201612 0.220 100.366 0.327
201703 0.317 101.018 0.468
201706 0.533 101.180 0.785
201709 0.441 101.343 0.649
201712 0.317 102.564 0.461
201803 0.323 102.564 0.469
201806 0.241 103.378 0.347
201809 0.000 103.378 0.000
201812 0.170 103.785 0.244
201903 0.000 104.274 0.000
201906 0.182 105.983 0.256
201909 0.187 105.983 0.263
201912 0.191 107.123 0.266
202003 0.112 109.076 0.153
202006 0.126 109.402 0.172
202009 0.165 109.320 0.225
202012 0.138 109.565 0.188
202103 0.103 112.658 0.136
202106 0.260 113.960 0.340
202109 0.261 115.588 0.337
202112 0.320 119.088 0.400
202203 0.287 125.031 0.342
202206 0.281 131.705 0.318
202209 0.265 135.531 0.291
202212 0.190 139.113 0.204
202303 0.070 145.950 0.071
202306 0.096 147.009 0.097
202309 0.082 146.113 0.084
202403 0.132 149.044 0.132

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.


Apanet  (WAR:APA) 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.


Apanet Cyclically Adjusted PB Ratio Related Terms

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


Apanet (WAR:APA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apanet SA (WAR:APA) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
N/A
Address
Aleja Piastow 27, Wroclaw, POL, 52-424
Apanet SA focuses on smart systems for power consumption reduction and electricity usage rationalization. Its products include Controllers, Ballasts, Servers, Sensors, Control system and Infrastructure.

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