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Fabege AB (Fabege AB) Cyclically Adjusted PB Ratio : 0.85 (As of May. 03, 2024)


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What is Fabege AB Cyclically Adjusted PB Ratio?

As of today (2024-05-03), Fabege AB's current share price is $7.47. Fabege AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.77. Fabege AB's Cyclically Adjusted PB Ratio for today is 0.85.

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

FBGGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.84   Max: 3.04
Current: 0.72

During the past years, Fabege AB's highest Cyclically Adjusted PB Ratio was 3.04. The lowest was 0.69. And the median was 1.84.

FBGGF's Cyclically Adjusted PB Ratio is ranked worse than
52.96% of 1301 companies
in the Real Estate industry
Industry Median: 0.67 vs FBGGF: 0.72

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.

Fabege AB's adjusted book value per share data for the three months ended in Mar. 2024 was $11.769. 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 $8.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fabege AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fabege AB'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.

Fabege AB Cyclically Adjusted PB Ratio Chart

Fabege AB 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 2.58 1.86 1.85 0.86 0.94

Fabege AB 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 0.75 0.70 0.77 0.94 0.85

Competitive Comparison of Fabege AB's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Fabege AB'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.


Fabege AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Fabege AB 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.

Fabege AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.47/8.77
=0.85

* 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.

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

For example, Fabege AB'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)
=11.769/130.9575*130.9575
=11.769

Current CPI (Mar. 2024) = 130.9575.

Fabege AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.705 100.432 7.439
201409 5.462 100.161 7.141
201412 5.462 100.225 7.137
201503 4.936 99.950 6.467
201506 5.406 99.995 7.080
201509 5.528 100.228 7.223
201512 5.865 100.276 7.660
201603 6.577 100.751 8.549
201606 6.782 101.019 8.792
201609 7.174 101.138 9.289
201612 7.553 102.022 9.695
201703 7.894 102.022 10.133
201706 8.499 102.752 10.832
201709 10.039 103.279 12.729
201712 10.071 103.793 12.707
201803 11.208 103.962 14.118
201806 11.125 104.875 13.892
201809 11.313 105.679 14.019
201812 11.688 105.912 14.452
201903 11.728 105.886 14.505
201906 11.826 106.742 14.509
201909 11.703 107.214 14.295
201912 12.818 107.766 15.576
202003 12.770 106.563 15.693
202006 13.497 107.498 16.443
202009 14.027 107.635 17.066
202012 15.227 108.296 18.413
202103 14.806 108.360 17.894
202106 15.501 108.928 18.636
202109 15.452 110.338 18.340
202112 15.466 112.486 18.006
202203 15.191 114.825 17.325
202206 14.999 118.384 16.592
202209 14.053 122.296 15.048
202212 13.941 126.365 14.448
202303 13.101 127.042 13.505
202306 12.464 129.407 12.613
202309 11.824 130.224 11.891
202312 12.162 130.958 12.162
202403 11.769 130.958 11.769

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.


Fabege AB  (OTCPK:FBGGF) 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.


Fabege AB Cyclically Adjusted PB Ratio Related Terms

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


Fabege AB (Fabege AB) Business Description

Industry
Traded in Other Exchanges
Address
Gardsvagen 6, Box 730, Solna, Stockholm, SWE, SE-169 27
Fabege AB is a real estate company that focuses on commercial properties. Fabege works to develop modern offices, housing, and a broad range of services with strategic partners. The company reports three core segments: Property management, which rents properties to long-term tenants; Property development, which improves and redesigns properties according to tenant requirements; and Business Development/Transactions, which includes the acquisition and sale of properties. The majority is from the Property Management segment. Fabege generates all its revenue in Stockholm, Solna, and surrounding areas in Sweden.

Fabege AB (Fabege AB) Headlines

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