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Partner Communications Co (XTAE:PTNR) Cyclically Adjusted PB Ratio : 1.52 (As of Jun. 07, 2024)


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What is Partner Communications Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Partner Communications Co's current share price is ₪15.57. Partner Communications Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪10.26. Partner Communications Co's Cyclically Adjusted PB Ratio for today is 1.52.

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

XTAE:PTNR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.35   Max: 4.36
Current: 1.68

During the past years, Partner Communications Co's highest Cyclically Adjusted PB Ratio was 4.36. The lowest was 1.14. And the median was 2.35.

XTAE:PTNR's Cyclically Adjusted PB Ratio is ranked worse than
53.82% of 288 companies
in the Telecommunication Services industry
Industry Median: 1.505 vs XTAE:PTNR: 1.68

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.

Partner Communications Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₪10.844. 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 ₪10.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Partner Communications Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Partner Communications Co'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.

Partner Communications Co Cyclically Adjusted PB Ratio Chart

Partner Communications Co 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 2.28 2.43 3.04 2.72 1.80

Partner Communications Co 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 1.73 1.49 1.50 1.80 1.56

Competitive Comparison of Partner Communications Co's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Partner Communications Co'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.


Partner Communications Co's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Partner Communications Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Partner Communications Co's Cyclically Adjusted PB Ratio falls into.



Partner Communications Co 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.

Partner Communications Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.57/10.26
=1.52

* 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.

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

For example, Partner Communications Co'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)
=10.844/131.7762*131.7762
=10.844

Current CPI (Mar. 2024) = 131.7762.

Partner Communications Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.255 100.560 8.197
201409 6.515 100.428 8.549
201412 6.604 99.070 8.784
201503 6.843 99.621 9.052
201506 6.926 100.684 9.065
201509 6.881 100.392 9.032
201512 6.535 99.792 8.629
201603 6.708 100.470 8.798
201606 6.944 101.688 8.999
201609 7.131 101.861 9.225
201612 7.077 101.863 9.155
201703 7.426 102.862 9.513
201706 8.350 103.349 10.647
201709 8.840 104.136 11.186
201712 8.523 104.011 10.798
201803 8.594 105.290 10.756
201806 8.597 106.317 10.656
201809 8.581 106.507 10.617
201812 8.645 105.998 10.747
201903 8.545 107.251 10.499
201906 8.567 108.070 10.446
201909 8.636 108.329 10.505
201912 8.698 108.420 10.572
202003 9.360 108.902 11.326
202006 9.395 108.767 11.382
202009 9.380 109.815 11.256
202012 9.424 109.897 11.300
202103 9.446 111.754 11.138
202106 9.505 114.631 10.927
202109 9.654 115.734 10.992
202112 10.121 117.630 11.338
202203 10.341 121.301 11.234
202206 10.625 125.017 11.199
202209 10.861 125.227 11.429
202212 9.588 125.222 10.090
202303 9.737 127.348 10.076
202306 10.046 128.729 10.284
202309 10.367 129.860 10.520
202312 10.533 129.419 10.725
202403 10.844 131.776 10.844

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.


Partner Communications Co  (XTAE:PTNR) 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.


Partner Communications Co Cyclically Adjusted PB Ratio Related Terms

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


Partner Communications Co (XTAE:PTNR) Business Description

Traded in Other Exchanges
Address
8 Amal Street, Afek Industrial Park, Rosh Ha'ayin, ISR, 48103
Partner Communications Co Ltd is an Israeli-based telecommunications company. It provides a wide integrated and customized range of cellular and fixed-line telecommunication services, including infrastructure, international long-distance (ILD), internet services provider (ISP), television, and other services. The cellular business segment represents the portion of total revenues, and it offers services such as airtime calls, international roaming services, text messaging, internet browsing, value-added and content services, and services provided to other operators that use the company's cellular network.

Partner Communications Co (XTAE:PTNR) Headlines

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