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Sensys Gatso Group AB (OSTO:SGG) Cyclically Adjusted PB Ratio : 1.47 (As of Jun. 05, 2024)


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What is Sensys Gatso Group AB Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Sensys Gatso Group AB's current share price is kr74.70. Sensys Gatso Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr50.96. Sensys Gatso Group AB's Cyclically Adjusted PB Ratio for today is 1.47.

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

OSTO:SGG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.7   Max: 7.22
Current: 1.43

During the past years, Sensys Gatso Group AB's highest Cyclically Adjusted PB Ratio was 7.22. The lowest was 1.23. And the median was 2.70.

OSTO:SGG's Cyclically Adjusted PB Ratio is ranked better than
57.21% of 1886 companies
in the Hardware industry
Industry Median: 1.68 vs OSTO:SGG: 1.43

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.

Sensys Gatso Group AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr56.686. 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 kr50.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sensys Gatso Group AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sensys Gatso Group 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.

Sensys Gatso Group AB Cyclically Adjusted PB Ratio Chart

Sensys Gatso Group 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 3.24 3.96 2.10 1.80 1.45

Sensys Gatso Group 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 1.88 1.64 1.30 1.45 1.59

Competitive Comparison of Sensys Gatso Group AB's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Sensys Gatso Group 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.


Sensys Gatso Group AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sensys Gatso Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sensys Gatso Group 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.

Sensys Gatso Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.70/50.96
=1.47

* 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.

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

For example, Sensys Gatso Group 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)
=56.686/132.2054*132.2054
=56.686

Current CPI (Mar. 2024) = 132.2054.

Sensys Gatso Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.411 100.432 21.603
201409 17.792 100.161 23.484
201412 20.107 100.225 26.523
201503 22.027 99.950 29.135
201506 23.943 99.995 31.656
201509 42.767 100.228 56.412
201512 44.532 100.276 58.712
201603 42.296 100.751 55.501
201606 42.510 101.019 55.633
201609 44.015 101.138 57.536
201612 44.665 102.022 57.880
201703 42.739 102.022 55.384
201706 40.364 102.752 51.934
201709 38.868 103.279 49.754
201712 39.651 103.793 50.505
201803 39.615 103.962 50.377
201806 40.360 104.875 50.878
201809 41.388 105.679 51.777
201812 42.237 105.912 52.723
201903 42.011 105.886 52.453
201906 41.470 106.742 51.363
201909 40.858 107.214 50.382
201912 41.838 107.766 51.326
202003 42.276 106.563 52.449
202006 40.689 107.498 50.041
202009 45.007 107.635 55.281
202012 44.833 108.296 54.731
202103 44.753 108.360 54.601
202106 44.662 108.928 54.206
202109 46.990 110.338 56.303
202112 48.724 112.486 57.266
202203 49.860 114.825 57.407
202206 52.411 118.384 58.530
202209 53.538 122.296 57.876
202212 54.171 126.365 56.675
202303 53.072 127.042 55.229
202306 55.559 129.407 56.761
202309 55.418 130.224 56.261
202312 54.907 131.912 55.029
202403 56.686 132.205 56.686

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.


Sensys Gatso Group AB  (OSTO:SGG) 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.


Sensys Gatso Group AB Cyclically Adjusted PB Ratio Related Terms

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Sensys Gatso Group AB (OSTO:SGG) Business Description

Industry
Traded in Other Exchanges
Address
Vasavagen 3c, Jonkoping, SWE, SE-554 54
Sensys Gatso Group AB is a Sweden-based company. It develops, produces, markets, and sells sensors and systems that are used for speed enforcement and red-light enforcement. The company also provides servicing and maintenance alongside sales of systems. Its products are used by police, road authorities, and private operators. The company operates in business segments of System Sales and Managed Service. The System Sales segment generates maximum revenue for the company. Its geographical segments are Europe, America, and Middle East and APAC.

Sensys Gatso Group AB (OSTO:SGG) Headlines