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Prashkovsky Investments and Construction (XTAE:PRSK) Cyclically Adjusted PB Ratio : 1.72 (As of Jun. 10, 2024)


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What is Prashkovsky Investments and Construction Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Prashkovsky Investments and Construction's current share price is ₪75.83. Prashkovsky Investments and Construction's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₪44.17. Prashkovsky Investments and Construction's Cyclically Adjusted PB Ratio for today is 1.72.

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

XTAE:PRSK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.72   Med: 2.04   Max: 2.44
Current: 1.72

During the past 11 years, Prashkovsky Investments and Construction's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 1.72. And the median was 2.04.

XTAE:PRSK's Cyclically Adjusted PB Ratio is ranked worse than
81.1% of 1397 companies
in the Real Estate industry
Industry Median: 0.7 vs XTAE:PRSK: 1.72

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.

Prashkovsky Investments and Construction's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₪85.394. 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 ₪44.17 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prashkovsky Investments and Construction Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prashkovsky Investments and Construction'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.

Prashkovsky Investments and Construction Cyclically Adjusted PB Ratio Chart

Prashkovsky Investments and Construction 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 - - - 2.12 1.84

Prashkovsky Investments and Construction 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 - - - 1.84 -

Competitive Comparison of Prashkovsky Investments and Construction's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Prashkovsky Investments and Construction'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.


Prashkovsky Investments and Construction's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prashkovsky Investments and Construction's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Prashkovsky Investments and Construction's Cyclically Adjusted PB Ratio falls into.



Prashkovsky Investments and Construction 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.

Prashkovsky Investments and Construction's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=75.83/44.17
=1.72

* 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.

Prashkovsky Investments and Construction's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Prashkovsky Investments and Construction's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=85.394/129.4194*129.4194
=85.394

Current CPI (Dec23) = 129.4194.

Prashkovsky Investments and Construction Annual Data

Book Value per Share CPI Adj_Book
201412 6.359 99.070 8.307
201512 9.080 99.792 11.776
201612 11.421 101.863 14.511
201712 18.977 104.011 23.613
201812 32.288 105.998 39.422
201912 40.638 108.420 48.509
202012 49.603 109.897 58.415
202112 64.361 117.630 70.812
202212 78.288 125.222 80.912
202312 85.394 129.419 85.394

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.


Prashkovsky Investments and Construction  (XTAE:PRSK) 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.


Prashkovsky Investments and Construction Cyclically Adjusted PB Ratio Related Terms

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Prashkovsky Investments and Construction (XTAE:PRSK) Business Description

Traded in Other Exchanges
N/A
Address
Moti Kind 10, Rehovot, ISR
Prashkovsky Investments and Construction Ltd is engaged in construction and development of real estate projects. It undertakes residential, commercial, industrial and office projects. Its commercial projects include Santo streets, Hadera commercial, Rosh HaAyin, Shoham 204 units, Rehovot Hame'adah.

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