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Andritz AG (XPRA:ANDR) Cyclically Adjusted PB Ratio : 3.44 (As of Jun. 10, 2024)


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What is Andritz AG Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Andritz AG's current share price is Kč1403.00. Andritz AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was Kč407.83. Andritz AG's Cyclically Adjusted PB Ratio for today is 3.44.

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

XPRA:ANDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.38   Med: 3.58   Max: 5.43
Current: 3.54

During the past years, Andritz AG's highest Cyclically Adjusted PB Ratio was 5.43. The lowest was 2.38. And the median was 3.58.

XPRA:ANDR's Cyclically Adjusted PB Ratio is ranked worse than
80.8% of 125 companies
in the Industrial Distribution industry
Industry Median: 1.31 vs XPRA:ANDR: 3.54

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.

Andritz AG's adjusted book value per share data for the three months ended in Mar. 2024 was Kč519.523. 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 Kč407.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Andritz AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Andritz AG'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.

Andritz AG Cyclically Adjusted PB Ratio Chart

Andritz AG 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 3.59 3.34 3.71 3.79 3.58

Andritz AG 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 4.26 3.40 3.11 3.58 3.58

Competitive Comparison of Andritz AG's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Andritz AG'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.


Andritz AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Andritz AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Andritz AG 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.

Andritz AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1403.00/407.83
=3.44

* 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.

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

For example, Andritz AG'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)
=519.523/133.7589*133.7589
=519.523

Current CPI (Mar. 2024) = 133.7589.

Andritz AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 242.479 99.496 325.982
201409 258.542 99.586 347.261
201412 273.800 99.676 367.422
201503 259.418 99.992 347.023
201506 274.121 100.492 364.868
201509 276.520 100.292 368.795
201512 316.914 100.692 420.989
201603 282.768 100.692 375.630
201606 298.702 101.092 395.226
201609 315.288 101.192 416.760
201612 351.945 102.092 461.114
201703 320.630 102.592 418.038
201706 322.975 102.991 419.460
201709 325.239 103.591 419.954
201712 330.153 104.291 423.438
201803 293.418 104.491 375.603
201806 308.874 105.091 393.131
201809 316.201 105.691 400.172
201812 336.221 106.291 423.107
201903 302.319 106.391 380.087
201906 301.168 106.791 377.222
201909 290.459 106.991 363.128
201912 308.197 108.091 381.383
202003 315.626 108.024 390.820
202006 322.378 107.915 399.581
202009 317.562 108.348 392.040
202012 333.403 109.321 407.932
202103 325.670 110.186 395.342
202106 343.948 110.943 414.682
202109 361.751 111.916 432.354
202112 400.680 113.971 470.248
202203 432.986 117.647 492.283
202206 418.675 120.567 464.485
202209 460.186 123.811 497.162
202212 453.745 125.541 483.447
202303 420.858 128.460 438.217
202306 451.749 130.191 464.131
202309 495.119 131.272 504.499
202312 537.212 132.570 542.032
202403 519.523 133.759 519.523

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.


Andritz AG  (XPRA:ANDR) 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.


Andritz AG Cyclically Adjusted PB Ratio Related Terms

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


Andritz AG (XPRA:ANDR) Business Description

Traded in Other Exchanges
Address
Stattegger Strasse 18, Graz, AUT, 8045
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.