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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Cyclically Adjusted PB Ratio : 0.17 (As of Jun. 08, 2024)


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What is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Cyclically Adjusted PB Ratio?

As of today (2024-06-08), PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's current share price is zł0.446. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł2.65. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is 0.17.

The historical rank and industry rank for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted PB Ratio or its related term are showing as below:

WAR:PGV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.18   Max: 0.44
Current: 0.17

During the past years, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.02. And the median was 0.18.

WAR:PGV's Cyclically Adjusted PB Ratio is ranked better than
97.98% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs WAR:PGV: 0.17

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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's adjusted book value per share data for the three months ended in Mar. 2024 was zł0.883. 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 zł2.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Cyclically Adjusted PB Ratio Chart

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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 0.42 0.47 0.31

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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 0.31 0.35 0.32 0.19 0.18

Competitive Comparison of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted PB Ratio falls into.



PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna 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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.446/2.65
=0.17

* 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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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)
=0.883/149.0435*149.0435
=0.883

Current CPI (Mar. 2024) = 149.0435.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.120 101.262 6.064
201406 4.099 101.180 6.038
201409 4.098 100.611 6.071
201412 3.462 100.122 5.154
201503 2.658 100.041 3.960
201506 2.299 100.448 3.411
201509 3.390 99.634 5.071
201512 2.201 99.471 3.298
201603 1.282 98.983 1.930
201606 1.206 99.552 1.806
201609 2.127 99.064 3.200
201612 0.937 100.366 1.391
201703 0.039 101.018 0.058
201706 -0.302 101.180 -0.445
201709 0.631 101.343 0.928
201712 0.777 102.564 1.129
201803 0.253 102.564 0.368
201806 0.245 103.378 0.353
201809 0.260 103.378 0.375
201812 2.387 103.785 3.428
201903 0.234 104.274 0.334
201906 3.143 105.983 4.420
201909 0.000 105.983 0.000
201912 3.956 107.123 5.504
202003 2.590 109.076 3.539
202006 2.249 109.402 3.064
202009 5.017 109.320 6.840
202012 1.920 109.565 2.612
202103 2.371 112.658 3.137
202106 2.111 113.960 2.761
202109 2.005 115.588 2.585
202112 2.946 119.088 3.687
202203 1.765 125.031 2.104
202206 1.007 131.705 1.140
202209 0.829 135.531 0.912
202212 1.313 139.113 1.407
202303 2.021 145.950 2.064
202306 1.495 147.009 1.516
202309 1.297 146.113 1.323
202403 0.883 149.044 0.883

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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna  (WAR:PGV) 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.


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Cyclically Adjusted PB Ratio Related Terms

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


PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Business Description

Traded in Other Exchanges
N/A
Address
ul. Sulechowska 4a, Zielona Gora, POL, 65-119
PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna, formerly Zastal SA is engaged in the manufacture and sale of rolling stock and steel structures. The company manufactures steel structures of industrial halls, buildings, churches, bridges, and railway stations, as well as constructs railway wagons and cars. It also operates in USSR, Iraq, Syria, and China.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Headlines

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