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Stalexport Autostrady (WAR:STX) Cyclically Adjusted PB Ratio : 0.82 (As of Jun. 11, 2024)


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What is Stalexport Autostrady Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Stalexport Autostrady's current share price is zł2.88. Stalexport Autostrady's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł3.53. Stalexport Autostrady's Cyclically Adjusted PB Ratio for today is 0.82.

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

WAR:STX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.56   Max: 2.66
Current: 0.81

During the past years, Stalexport Autostrady's highest Cyclically Adjusted PB Ratio was 2.66. The lowest was 0.73. And the median was 1.56.

WAR:STX's Cyclically Adjusted PB Ratio is ranked better than
62.9% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs WAR:STX: 0.81

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.

Stalexport Autostrady's adjusted book value per share data for the three months ended in Mar. 2024 was zł3.271. 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 zł3.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stalexport Autostrady Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stalexport Autostrady'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.

Stalexport Autostrady Cyclically Adjusted PB Ratio Chart

Stalexport Autostrady 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 1.73 1.66 1.43 0.87 0.92

Stalexport Autostrady 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 0.82 0.80 0.74 0.92 0.94

Competitive Comparison of Stalexport Autostrady's Cyclically Adjusted PB Ratio

For the Infrastructure Operations subindustry, Stalexport Autostrady'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.


Stalexport Autostrady's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Stalexport Autostrady's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stalexport Autostrady 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.

Stalexport Autostrady's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.88/3.53
=0.82

* 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.

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

For example, Stalexport Autostrady'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)
=3.271/149.0435*149.0435
=3.271

Current CPI (Mar. 2024) = 149.0435.

Stalexport Autostrady Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.085 101.180 1.598
201409 1.160 100.611 1.718
201412 1.217 100.122 1.812
201503 1.289 100.041 1.920
201506 1.401 100.448 2.079
201509 1.588 99.634 2.376
201512 1.691 99.471 2.534
201603 1.855 98.983 2.793
201606 1.982 99.552 2.967
201609 2.148 99.064 3.232
201612 2.353 100.366 3.494
201703 2.507 101.018 3.699
201706 2.478 101.180 3.650
201709 2.665 101.343 3.919
201712 2.784 102.564 4.046
201803 2.942 102.564 4.275
201806 2.890 103.378 4.167
201809 3.096 103.378 4.464
201812 3.236 103.785 4.647
201903 3.252 104.274 4.648
201906 3.011 105.983 4.234
201909 3.049 105.983 4.288
201912 3.180 107.123 4.424
202003 3.303 109.076 4.513
202006 3.262 109.402 4.444
202009 3.472 109.320 4.734
202012 3.482 109.565 4.737
202103 2.959 112.658 3.915
202106 3.033 113.960 3.967
202109 3.225 115.588 4.158
202112 2.891 119.088 3.618
202203 3.334 125.031 3.974
202206 3.155 131.705 3.570
202209 3.352 135.531 3.686
202212 2.799 139.113 2.999
202303 3.433 145.950 3.506
202306 2.818 147.009 2.857
202309 3.089 146.113 3.151
202312 3.040 147.741 3.067
202403 3.271 149.044 3.271

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.


Stalexport Autostrady  (WAR:STX) 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.


Stalexport Autostrady Cyclically Adjusted PB Ratio Related Terms

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


Stalexport Autostrady (WAR:STX) Business Description

Traded in Other Exchanges
Address
ul. Piaskowa 20, Myslowice, POL, 41-404
Stalexport Autostrady SA is an engineering and infrastructure company based in Poland. It operates under two divisions; Management of motorways and provision of advisory and rental services. Its core business is the construction and maintenance of motorways throughout the country, especially Katowice-Krakow section of the A4 motorway. The company manufactures metal structures, installs industrial machinery, repairs fabricated metal products, constructs bridges and tunnels and underground railways and provides for electrical installations for infrastructure. Its other businesses comprise of the leasing office, parking spaces and provision of management and business advisory services.