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Humble Group AB (STU:B39) Cyclically Adjusted PB Ratio : 1.96 (As of Jun. 08, 2024)


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What is Humble Group AB Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Humble Group AB's current share price is €0.8025. Humble Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.41. Humble Group AB's Cyclically Adjusted PB Ratio for today is 1.96.

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

STU:B39' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.08   Max: 2.69
Current: 1.9

During the past years, Humble Group AB's highest Cyclically Adjusted PB Ratio was 2.69. The lowest was 1.56. And the median was 2.08.

STU:B39's Cyclically Adjusted PB Ratio is ranked worse than
62.37% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs STU:B39: 1.90

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.

Humble Group AB's adjusted book value per share data for the three months ended in Mar. 2024 was €1.005. 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 €0.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Humble Group AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Humble 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.

Humble Group AB Cyclically Adjusted PB Ratio Chart

Humble 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 - - - - 2.49

Humble 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 1.86 1.63 2.15 2.49 1.99

Competitive Comparison of Humble Group AB's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Humble 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.


Humble Group AB's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Humble Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Humble 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.8025/0.41
=1.96

* 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.

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

For example, Humble 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)
=1.005/132.2054*132.2054
=1.005

Current CPI (Mar. 2024) = 132.2054.

Humble Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.432 0.000
201409 0.000 100.161 0.000
201412 0.250 100.225 0.330
201503 0.206 99.950 0.272
201506 0.178 99.995 0.235
201509 0.133 100.228 0.175
201512 0.149 100.276 0.196
201603 0.117 100.751 0.154
201606 0.173 101.019 0.226
201609 0.139 101.138 0.182
201612 0.083 102.022 0.108
201703 0.085 102.022 0.110
201706 0.060 102.752 0.077
201709 0.051 103.279 0.065
201712 0.047 103.793 0.060
201803 0.025 103.962 0.032
201806 0.021 104.875 0.026
201809 0.015 105.679 0.019
201812 0.032 105.912 0.040
201903 0.034 105.886 0.042
201906 0.039 106.742 0.048
201909 0.022 107.214 0.027
201912 0.020 107.766 0.025
202003 0.106 106.563 0.132
202006 0.120 107.498 0.148
202009 0.186 107.635 0.228
202012 0.253 108.296 0.309
202103 0.448 108.360 0.547
202106 0.667 108.928 0.810
202109 0.994 110.338 1.191
202112 1.226 112.486 1.441
202203 0.957 114.825 1.102
202206 1.017 118.384 1.136
202209 0.935 122.296 1.011
202212 1.219 126.365 1.275
202303 1.194 127.042 1.243
202306 1.005 129.407 1.027
202309 0.953 130.224 0.968
202312 0.982 131.912 0.984
202403 1.005 132.205 1.005

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.


Humble Group AB  (STU:B39) 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.


Humble Group AB Cyclically Adjusted PB Ratio Related Terms

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


Humble Group AB (STU:B39) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Nytorgsgatan 17A, Stockholm, SWE, 116 22
Humble Group AB is a Swedish foodtech and FMCG group. Humble targets the foodtech, eco, sustainability and vegan segments to drive organic growth and acquisitions in the various business units: brands, distribution, manufacturing and ingredients, and R&D. Its technical solutions facilitate new formulations and recipes that improve the taste and consistency of the next generation of sugar-reduced, sustainable, and vegan products.

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