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PBG (WAR:PBG) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is PBG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PBG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PBG'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.

PBG Cyclically Adjusted PB Ratio Chart

PBG 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 0.02 0.10 - - -

PBG 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 - - - - -

Competitive Comparison of PBG's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, PBG'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.


PBG's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PBG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PBG 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.

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

For example, PBG'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)
=-7.381/149.0435*149.0435
=-7.381

Current CPI (Mar. 2024) = 149.0435.

PBG Quarterly Data

Book Value per Share CPI Adj_Book
201403 -65.469 101.262 -96.361
201406 -71.160 101.180 -104.822
201409 -71.603 100.611 -106.072
201412 -66.104 100.122 -98.404
201503 -67.363 100.041 -100.359
201506 -72.808 100.448 -108.032
201509 -73.007 99.634 -109.212
201512 -81.088 99.471 -121.499
201603 -81.331 98.983 -122.465
201606 -2.289 99.552 -3.427
201609 -1.941 99.064 -2.920
201612 -0.086 100.366 -0.128
201703 -0.079 101.018 -0.117
201706 -0.095 101.180 -0.140
201709 -0.095 101.343 -0.140
201712 -0.207 102.564 -0.301
201803 -0.217 102.564 -0.315
201806 -0.238 103.378 -0.343
201809 -0.245 103.378 -0.353
201812 -0.254 103.785 -0.365
201903 -0.260 104.274 -0.372
201906 -0.335 105.983 -0.471
201909 -0.386 105.983 -0.543
201912 -5.727 107.123 -7.968
202003 -5.760 109.076 -7.871
202006 -5.966 109.402 -8.128
202009 -5.997 109.320 -8.176
202012 -6.206 109.565 -8.442
202103 -6.238 112.658 -8.253
202106 -6.280 113.960 -8.213
202109 -6.355 115.588 -8.194
202112 -6.441 119.088 -8.061
202203 -6.562 125.031 -7.822
202206 -6.601 131.705 -7.470
202209 -6.719 135.531 -7.389
202212 -6.815 139.113 -7.302
202303 -6.933 145.950 -7.080
202306 -7.056 147.009 -7.154
202309 -7.169 146.113 -7.313
202403 -7.381 149.044 -7.381

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.


PBG  (WAR:PBG) 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.


PBG Cyclically Adjusted PB Ratio Related Terms

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


PBG (WAR:PBG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PBG SA (WAR:PBG) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
N/A
Address
Ulica Skorzewska 35, Wysogotowo k. Poznania, Przezmierowo, POL, 62-081
PBG SA provides services in the execution of a comprehensive system for natural gas, crude oil, and fuels. It acts as a general contractor, in terms of design, construction, operation in the areas of mining and natural gas transmission.

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