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Scanfil (OHEL:SCANFL) Cyclically Adjusted PB Ratio : 2.78 (As of May. 24, 2024)


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What is Scanfil Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Scanfil's current share price is €7.89. Scanfil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.84. Scanfil's Cyclically Adjusted PB Ratio for today is 2.78.

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

OHEL:SCANFL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.14   Med: 3.01   Max: 4.17
Current: 2.78

During the past years, Scanfil's highest Cyclically Adjusted PB Ratio was 4.17. The lowest was 2.14. And the median was 3.01.

OHEL:SCANFL's Cyclically Adjusted PB Ratio is ranked worse than
66.51% of 2081 companies
in the Industrial Products industry
Industry Median: 1.85 vs OHEL:SCANFL: 2.78

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.

Scanfil's adjusted book value per share data for the three months ended in Mar. 2024 was €4.220. 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 €2.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scanfil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Scanfil'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.

Scanfil Cyclically Adjusted PB Ratio Chart

Scanfil 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 - - 3.59 2.68 2.83

Scanfil 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 3.00 3.84 3.10 2.83 2.94

Competitive Comparison of Scanfil's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Scanfil'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.


Scanfil's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Scanfil's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Scanfil 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.

Scanfil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.89/2.84
=2.78

* 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.

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

For example, Scanfil'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)
=4.22/122.3600*122.3600
=4.220

Current CPI (Mar. 2024) = 122.3600.

Scanfil Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.438 100.147 1.757
201409 1.575 100.726 1.913
201412 1.638 100.229 2.000
201503 1.795 100.120 2.194
201506 1.724 100.030 2.109
201509 1.736 100.130 2.121
201512 1.735 99.990 2.123
201603 1.802 100.080 2.203
201606 1.589 100.390 1.937
201609 1.679 100.540 2.043
201612 1.701 101.020 2.060
201703 1.808 100.910 2.192
201706 1.747 101.140 2.114
201709 1.806 101.320 2.181
201712 1.951 101.510 2.352
201803 2.063 101.730 2.481
201806 2.054 102.320 2.456
201809 2.155 102.600 2.570
201812 2.260 102.710 2.692
201903 2.375 102.870 2.825
201906 2.295 103.360 2.717
201909 2.409 103.540 2.847
201912 2.588 103.650 3.055
202003 2.614 103.490 3.091
202006 2.630 103.320 3.115
202009 2.759 103.710 3.255
202012 2.837 103.890 3.341
202103 2.949 104.870 3.441
202106 2.979 105.360 3.460
202109 3.053 106.290 3.515
202112 3.201 107.490 3.644
202203 3.300 110.950 3.639
202206 3.235 113.570 3.485
202209 3.362 114.920 3.580
202212 3.494 117.320 3.644
202303 3.659 119.750 3.739
202306 3.676 120.690 3.727
202309 3.799 121.280 3.833
202312 4.081 121.540 4.109
202403 4.220 122.360 4.220

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.


Scanfil  (OHEL:SCANFL) 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.


Scanfil Cyclically Adjusted PB Ratio Related Terms

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


Scanfil (OHEL:SCANFL) Business Description

Traded in Other Exchanges
Address
Yritystie 6, Sievi, FIN, 85410
Scanfil PLC is an international contract manufacturer and system supplier for the electronics industry. It manufactures mobile and communications network devices, automation system modules, frequency converters, lift control systems, analyzers, various slots, and vending machines, and devices related to medical technology and meteorology. It provides its customers with an extensive array of services, ranging from product design to product manufacturing, material procurement, and logistics solutions. The company's segments include Advanced Consumer Applications, Automation & Safety, Connectivity, Energy & Cleantech, and Medtech & Life Science.

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