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Cognor Holding (WAR:COG) Cyclically Adjusted PB Ratio : 2.15 (As of Jun. 08, 2024)


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What is Cognor Holding Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Cognor Holding's current share price is zł8.69. Cognor Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł4.05. Cognor Holding's Cyclically Adjusted PB Ratio for today is 2.15.

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

WAR:COG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.48   Max: 3.09
Current: 2.12

During the past years, Cognor Holding's highest Cyclically Adjusted PB Ratio was 3.09. The lowest was 0.27. And the median was 1.48.

WAR:COG's Cyclically Adjusted PB Ratio is ranked worse than
76.71% of 511 companies
in the Steel industry
Industry Median: 0.99 vs WAR:COG: 2.12

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.

Cognor Holding's adjusted book value per share data for the three months ended in Mar. 2024 was zł6.788. 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 zł4.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cognor Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cognor Holding'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.

Cognor Holding Cyclically Adjusted PB Ratio Chart

Cognor Holding 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 0.45 0.68 1.45 1.35 2.11

Cognor Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 2.87 2.02 1.86 2.11 2.09

Competitive Comparison of Cognor Holding's Cyclically Adjusted PB Ratio

For the Steel subindustry, Cognor Holding'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.


Cognor Holding's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Cognor Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cognor Holding 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.

Cognor Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.69/4.05
=2.15

* 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.

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

For example, Cognor Holding'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)
=6.788/149.0435*149.0435
=6.788

Current CPI (Mar. 2024) = 149.0435.

Cognor Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.089 101.180 4.550
201409 2.995 100.611 4.437
201412 2.507 100.122 3.732
201503 2.600 100.041 3.874
201506 2.492 100.448 3.698
201509 2.212 99.634 3.309
201512 2.133 99.471 3.196
201603 1.995 98.983 3.004
201606 2.003 99.552 2.999
201609 2.099 99.064 3.158
201612 1.947 100.366 2.891
201703 2.238 101.018 3.302
201706 2.240 101.180 3.300
201709 2.146 101.343 3.156
201712 1.900 102.564 2.761
201803 1.999 102.564 2.905
201806 2.135 103.378 3.078
201809 2.383 103.378 3.436
201812 2.310 103.785 3.317
201903 2.348 104.274 3.356
201906 2.474 105.983 3.479
201909 2.145 105.983 3.017
201912 2.088 107.123 2.905
202003 2.097 109.076 2.865
202006 2.266 109.402 3.087
202009 2.265 109.320 3.088
202012 1.696 109.565 2.307
202103 1.961 112.658 2.594
202106 2.220 113.960 2.903
202109 2.837 115.588 3.658
202112 3.523 119.088 4.409
202203 4.386 125.031 5.228
202206 5.286 131.705 5.982
202209 6.005 135.531 6.604
202212 6.744 139.113 7.225
202303 7.755 145.950 7.919
202306 6.616 147.009 6.708
202309 6.793 146.113 6.929
202312 6.778 147.741 6.838
202403 6.788 149.044 6.788

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.


Cognor Holding  (WAR:COG) 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.


Cognor Holding Cyclically Adjusted PB Ratio Related Terms

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


Cognor Holding (WAR:COG) Business Description

Industry
Traded in Other Exchanges
Address
ul. Zielona 26, Kielce, POL, 25-563
Cognor Holding SA operates in the steel industry. Its activities are divided into four business segments such as; Scrap division focuses on buying, processing, refining and selling of scrap metal and nonferrous scrap. Production division which contributes major revenue is responsible for processing scrap metal into steel billets, as well as converting steel billets and nonferrous scrap into finished products. The Distribution division sells various commodities, such as steel products, steel and nonferrous scrap and steel billets. The Other division includes materials recycling, among others. The firm's products range comprises metal bars, steel sheet, plates, pipes, and rods, as well as sheet zinc and tin plates, among others. Firm's majority revenue comes from Poland.

Cognor Holding (WAR:COG) Headlines

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