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Loomis AB (Loomis AB) Cyclically Adjusted PB Ratio : 2.06 (As of May. 22, 2024)


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What is Loomis AB Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Loomis AB's current share price is $24.24. Loomis AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.76. Loomis AB's Cyclically Adjusted PB Ratio for today is 2.06.

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

LOIMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.89   Max: 5.95
Current: 1.96

During the past years, Loomis AB's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 1.89. And the median was 2.89.

LOIMF's Cyclically Adjusted PB Ratio is ranked worse than
58.03% of 660 companies
in the Business Services industry
Industry Median: 1.58 vs LOIMF: 1.96

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.

Loomis AB's adjusted book value per share data for the three months ended in Mar. 2024 was $18.455. 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 $11.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loomis AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Loomis 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.

Loomis AB Cyclically Adjusted PB Ratio Chart

Loomis 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 5.15 2.69 2.51 2.40 1.97

Loomis 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 2.90 2.46 2.24 1.97 2.15

Competitive Comparison of Loomis AB's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Loomis 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.


Loomis AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Loomis 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.24/11.76
=2.06

* 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.

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

For example, Loomis 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)
=18.455/132.2054*132.2054
=18.455

Current CPI (Mar. 2024) = 132.2054.

Loomis AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.499 100.432 11.188
201409 8.684 100.161 11.462
201412 8.552 100.225 11.281
201503 8.533 99.950 11.287
201506 8.289 99.995 10.959
201509 8.731 100.228 11.517
201512 9.146 100.276 12.058
201603 9.231 100.751 12.113
201606 9.017 101.019 11.801
201609 9.234 101.138 12.071
201612 9.597 102.022 12.436
201703 10.170 102.022 13.179
201706 9.744 102.752 12.537
201709 10.914 103.279 13.971
201712 11.146 103.793 14.197
201803 12.336 103.962 15.687
201806 11.685 104.875 14.730
201809 12.042 105.679 15.065
201812 12.396 105.912 15.473
201903 12.817 105.886 16.003
201906 12.123 106.742 15.015
201909 12.730 107.214 15.697
201912 13.517 107.766 16.582
202003 14.500 106.563 17.989
202006 14.076 107.498 17.311
202009 14.785 107.635 18.160
202012 13.943 108.296 17.021
202103 14.988 108.360 18.286
202106 14.687 108.928 17.826
202109 14.862 110.338 17.807
202112 14.992 112.486 17.620
202203 15.400 114.825 17.731
202206 16.019 118.384 17.889
202209 16.814 122.296 18.176
202212 16.760 126.365 17.535
202303 17.050 127.042 17.743
202306 17.166 129.407 17.537
202309 17.052 130.224 17.312
202312 17.391 131.912 17.430
202403 18.455 132.205 18.455

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.


Loomis AB  (OTCPK:LOIMF) 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.


Loomis AB Cyclically Adjusted PB Ratio Related Terms

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


Loomis AB (Loomis AB) Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

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