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Europris ASA (FRA:2RG) Cyclically Adjusted PB Ratio : 4.97 (As of Jun. 09, 2024)


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What is Europris ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Europris ASA's current share price is €6.06. Europris ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.22. Europris ASA's Cyclically Adjusted PB Ratio for today is 4.97.

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

FRA:2RG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.99   Med: 4.83   Max: 5.66
Current: 4.88

During the past years, Europris ASA's highest Cyclically Adjusted PB Ratio was 5.66. The lowest was 3.99. And the median was 4.83.

FRA:2RG's Cyclically Adjusted PB Ratio is ranked worse than
83.7% of 227 companies
in the Retail - Defensive industry
Industry Median: 1.62 vs FRA:2RG: 4.88

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.

Europris ASA's adjusted book value per share data for the three months ended in Mar. 2024 was €1.942. 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 €1.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Europris ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Europris ASA'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.

Europris ASA Cyclically Adjusted PB Ratio Chart

Europris ASA 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 - - - - 5.42

Europris ASA 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 - 4.84 4.18 5.42 5.40

Competitive Comparison of Europris ASA's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Europris ASA'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.


Europris ASA's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Europris ASA 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.

Europris ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.06/1.22
=4.97

* 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.

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

For example, Europris ASA'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)
=1.942/132.6000*132.6000
=1.942

Current CPI (Mar. 2024) = 132.6000.

Europris ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 97.500 0.000
201409 0.000 98.500 0.000
201412 0.810 98.600 1.089
201503 0.844 99.200 1.128
201506 0.866 100.100 1.147
201509 0.864 100.600 1.139
201512 0.966 100.900 1.269
201603 0.976 102.500 1.263
201606 0.918 103.800 1.173
201609 0.976 104.200 1.242
201612 1.133 104.400 1.439
201703 1.124 105.000 1.419
201706 0.947 105.800 1.187
201709 1.005 105.900 1.258
201712 1.073 106.100 1.341
201803 1.108 107.300 1.369
201806 1.028 108.500 1.256
201809 1.035 109.500 1.253
201812 1.128 109.800 1.362
201903 1.122 110.400 1.348
201906 0.994 110.600 1.192
201909 1.031 111.100 1.231
201912 1.190 111.300 1.418
202003 1.054 111.200 1.257
202006 1.068 112.100 1.263
202009 1.169 112.900 1.373
202012 1.299 112.900 1.526
202103 1.422 114.600 1.645
202106 1.327 115.300 1.526
202109 1.299 117.500 1.466
202112 1.604 118.900 1.789
202203 1.729 119.800 1.914
202206 1.441 122.600 1.559
202209 1.544 125.600 1.630
202212 1.757 125.900 1.851
202303 1.823 127.600 1.894
202306 1.575 130.400 1.602
202309 1.687 129.800 1.723
202312 1.922 131.900 1.932
202403 1.942 132.600 1.942

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.


Europris ASA  (FRA:2RG) 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.


Europris ASA Cyclically Adjusted PB Ratio Related Terms

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


Europris ASA (FRA:2RG) Business Description

Traded in Other Exchanges
Address
Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.

Europris ASA (FRA:2RG) Headlines

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