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Fastighets AB Balder (OSTO:BALD B) Cyclically Adjusted PB Ratio : 1.40 (As of May. 26, 2024)


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What is Fastighets AB Balder Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Fastighets AB Balder's current share price is kr71.14. Fastighets AB Balder's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr50.80. Fastighets AB Balder's Cyclically Adjusted PB Ratio for today is 1.40.

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

OSTO:BALD B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 2.98   Max: 4.55
Current: 1.4

During the past years, Fastighets AB Balder's highest Cyclically Adjusted PB Ratio was 4.55. The lowest was 0.87. And the median was 2.98.

OSTO:BALD B's Cyclically Adjusted PB Ratio is ranked worse than
77.06% of 1338 companies
in the Real Estate industry
Industry Median: 0.71 vs OSTO:BALD B: 1.40

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.

Fastighets AB Balder's adjusted book value per share data for the three months ended in Mar. 2024 was kr71.098. 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 kr50.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fastighets AB Balder Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Cyclically Adjusted PB Ratio Chart

Fastighets AB Balder 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 3.72 2.99 3.58 1.18 1.45

Fastighets AB Balder 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 0.99 0.87 1.04 1.45 1.55

Competitive Comparison of Fastighets AB Balder's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.


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

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

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



Fastighets AB Balder 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=71.14/50.8
=1.40

* 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.

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

For example, Fastighets AB Balder'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)
=71.098/132.2054*132.2054
=71.098

Current CPI (Mar. 2024) = 132.2054.

Fastighets AB Balder Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.814 100.432 16.868
201409 13.118 100.161 17.315
201412 14.636 100.225 19.306
201503 15.073 99.950 19.937
201506 16.018 99.995 21.178
201509 16.922 100.228 22.321
201512 19.987 100.276 26.351
201603 20.568 100.751 26.989
201606 22.179 101.019 29.026
201609 23.083 101.138 30.174
201612 25.869 102.022 33.523
201703 27.736 102.022 35.942
201706 29.117 102.752 37.463
201709 27.128 103.279 34.726
201712 28.978 103.793 36.911
201803 30.544 103.962 38.842
201806 32.193 104.875 40.583
201809 35.442 105.679 44.338
201812 37.172 105.912 46.400
201903 38.497 105.886 48.066
201906 40.015 106.742 49.561
201909 41.142 107.214 50.732
201912 45.381 107.766 55.673
202003 46.970 106.563 58.273
202006 47.312 107.498 58.186
202009 48.128 107.635 59.114
202012 52.020 108.296 63.505
202103 55.114 108.360 67.243
202106 56.749 108.928 68.876
202109 62.425 110.338 74.797
202112 69.353 112.486 81.511
202203 74.878 114.825 86.212
202206 77.495 118.384 86.543
202209 78.337 122.296 84.684
202212 78.158 126.365 81.770
202303 77.409 127.042 80.555
202306 77.227 129.407 78.897
202309 75.939 130.224 77.095
202312 71.328 131.912 71.487
202403 71.098 132.205 71.098

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.


Fastighets AB Balder  (OSTO:BALD B) 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.


Fastighets AB Balder Cyclically Adjusted PB Ratio Related Terms

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


Fastighets AB Balder (OSTO:BALD B) Business Description

Traded in Other Exchanges
Address
Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15
Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (OSTO:BALD B) Headlines

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