GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Svolder AB (OSTO:SVOL A) » Definitions » Cyclically Adjusted PB Ratio

Svolder AB (OSTO:SVOL A) Cyclically Adjusted PB Ratio : 2.68 (As of Jun. 06, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Svolder AB Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Svolder AB's current share price is kr111.00. Svolder AB's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was kr41.42. Svolder AB's Cyclically Adjusted PB Ratio for today is 2.68.

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

OSTO:SVOL A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.27   Max: 5.54
Current: 2.68

During the past years, Svolder AB's highest Cyclically Adjusted PB Ratio was 5.54. The lowest was 1.24. And the median was 2.27.

OSTO:SVOL A's Cyclically Adjusted PB Ratio is ranked worse than
89.7% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs OSTO:SVOL A: 2.68

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.

Svolder AB's adjusted book value per share data for the three months ended in Feb. 2024 was kr55.074. 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 kr41.42 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Svolder AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Svolder 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.

Svolder AB Cyclically Adjusted PB Ratio Chart

Svolder AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 1.85 3.84 2.13 2.06

Svolder AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.32 2.50 2.06 1.85 2.06

Competitive Comparison of Svolder AB's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Svolder 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.


Svolder AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Svolder AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Svolder 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=111.00/41.42
=2.68

* 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.

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

For example, Svolder AB's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=55.074/132.0458*132.0458
=55.074

Current CPI (Feb. 2024) = 132.0458.

Svolder AB Quarterly Data

Book Value per Share CPI Adj_Book
201405 13.207 100.225 17.400
201408 12.826 100.001 16.936
201411 12.901 100.068 17.024
201502 14.363 99.867 18.991
201505 14.927 100.285 19.654
201508 14.404 99.829 19.052
201511 16.432 100.129 21.670
201602 16.180 100.253 21.311
201605 18.072 100.914 23.647
201608 21.313 100.968 27.873
201611 21.781 101.517 28.331
201702 25.212 102.037 32.627
201705 27.367 102.679 35.194
201708 27.462 103.138 35.159
201711 26.624 103.413 33.996
201802 26.807 103.678 34.142
201805 28.646 104.632 36.151
201808 30.424 105.197 38.189
201811 25.612 105.443 32.074
201902 28.013 105.641 35.015
201905 30.086 106.895 37.165
201908 29.796 106.716 36.868
201911 32.819 107.345 40.371
202002 31.744 106.742 39.269
202005 29.080 106.882 35.926
202008 35.998 107.571 44.188
202011 39.752 107.549 48.806
202102 47.114 108.190 57.502
202105 56.750 108.838 68.851
202108 69.485 109.780 83.578
202111 71.700 111.069 85.241
202202 58.027 112.834 67.907
202205 59.645 116.746 67.461
202208 57.278 120.573 62.728
202211 57.103 123.803 60.905
202302 57.149 126.321 59.739
202305 57.898 128.034 59.712
202308 51.247 129.560 52.230
202311 48.312 130.958 48.713
202402 55.074 132.046 55.074

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.


Svolder AB  (OSTO:SVOL A) 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.


Svolder AB Cyclically Adjusted PB Ratio Related Terms

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


Svolder AB (OSTO:SVOL A) Business Description

Traded in Other Exchanges
Address
Birger Jarlsgatan 13 Box 70431, Stockholm, SWE, SE-107 25
Svolder AB is an investment trust. The company holds investments in small to medium-sized publically traded Swedish companies. It has stakes in GARO, Troax, Nordic Waterproofing, New Wave Group, FM Mattsson Mora, Beijer Electronics Group, Platzer Fastigheter, Scandic Hotels, XANO, ITAB Shop Concept, Elanders, Boule Diagnostics and Elos Medtech.

Svolder AB (OSTO:SVOL A) Headlines

No Headlines