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Baran Group (XTAE:BRAN) Cyclically Adjusted PB Ratio : 1.21 (As of Jun. 08, 2024)


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What is Baran Group Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Baran Group's current share price is ₪11.41. Baran Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪9.45. Baran Group's Cyclically Adjusted PB Ratio for today is 1.21.

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

XTAE:BRAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.96   Max: 1.21
Current: 1.21

During the past years, Baran Group's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.62. And the median was 0.96.

XTAE:BRAN's Cyclically Adjusted PB Ratio is ranked worse than
52.19% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs XTAE:BRAN: 1.21

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.

Baran Group's adjusted book value per share data for the three months ended in Mar. 2024 was ₪11.332. 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 ₪9.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baran Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Baran Group'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.

Baran Group Cyclically Adjusted PB Ratio Chart

Baran Group 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 - - 0.76 1.05 0.95

Baran Group 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 1.00 0.98 0.94 0.95 1.19

Competitive Comparison of Baran Group's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Baran Group'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.


Baran Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Baran Group 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.

Baran Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.41/9.45
=1.21

* 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.

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

For example, Baran Group'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)
=11.332/131.7762*131.7762
=11.332

Current CPI (Mar. 2024) = 131.7762.

Baran Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.589 100.560 17.807
201409 13.386 100.428 17.564
201412 12.255 99.070 16.301
201503 10.634 99.621 14.066
201506 9.402 100.684 12.305
201509 8.813 100.392 11.568
201512 9.271 99.792 12.242
201603 9.282 100.470 12.174
201606 9.370 101.688 12.142
201609 7.216 101.861 9.335
201612 0.000 101.863 0.000
201703 5.630 102.862 7.213
201706 5.998 103.349 7.648
201709 6.317 104.136 7.994
201712 3.542 104.011 4.488
201803 9.514 105.290 11.907
201806 6.137 106.317 7.607
201809 6.289 106.507 7.781
201812 6.197 105.998 7.704
201903 6.169 107.251 7.580
201906 6.211 108.070 7.573
201909 6.073 108.329 7.387
201912 6.136 108.420 7.458
202003 5.706 108.902 6.905
202006 5.947 108.767 7.205
202009 6.065 109.815 7.278
202012 6.087 109.897 7.299
202103 6.139 111.754 7.239
202106 6.766 114.631 7.778
202109 6.681 115.734 7.607
202112 6.515 117.630 7.299
202203 6.409 121.301 6.962
202206 8.079 125.017 8.516
202209 7.883 125.227 8.295
202212 8.300 125.222 8.734
202303 8.289 127.348 8.577
202306 9.007 128.729 9.220
202309 9.546 129.860 9.687
202312 10.449 129.419 10.639
202403 11.332 131.776 11.332

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.


Baran Group  (XTAE:BRAN) 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.


Baran Group Cyclically Adjusted PB Ratio Related Terms

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


Baran Group (XTAE:BRAN) Business Description

Industry
Traded in Other Exchanges
Address
5 Menachem Begin Avenue, Baran House, Beit-Dagan, ISR, 50200
Baran Group Ltd is a provider of Engineering, Technology, Telecommunication and Construction solutions. The company offers creative, innovative and proven integrated sustainable engineering solutions to complex and challenging projects, customized to clients' requirements. Its engineering solutions include feasibility studies, engineering and detailed design solutions, preparation for obtaining regulatory permits, construction and site management, project management and control including Engineering, Procurement and Construction Management services and turnkey projects. The company operates in sectors such as general building, transportation, telecommunication and more.

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