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AAK AB (AAK AB) Cyclically Adjusted PB Ratio : 5.53 (As of Apr. 27, 2024)


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What is AAK AB Cyclically Adjusted PB Ratio?

As of today (2024-04-27), AAK AB's current share price is $19.26. AAK AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.48. AAK AB's Cyclically Adjusted PB Ratio for today is 5.53.

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

ARHUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.97   Med: 6.23   Max: 8.51
Current: 5.82

During the past years, AAK AB's highest Cyclically Adjusted PB Ratio was 8.51. The lowest was 3.97. And the median was 6.23.

ARHUF's Cyclically Adjusted PB Ratio is ranked worse than
90.72% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs ARHUF: 5.82

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.

AAK AB's adjusted book value per share data for the three months ended in Mar. 2024 was $7.030. 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 $3.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AAK AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AAK 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.

AAK AB Cyclically Adjusted PB Ratio Chart

AAK 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 7.24 6.05 6.24 4.57 5.03

AAK 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 4.67 4.83 4.54 5.03 5.54

Competitive Comparison of AAK AB's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, AAK 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.


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

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

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



AAK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.26/3.48
=5.53

* 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.

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

For example, AAK 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)
=7.03/130.9575*130.9575
=7.030

Current CPI (Mar. 2024) = 130.9575.

AAK AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.855 100.432 3.723
201409 2.932 100.161 3.834
201412 3.014 100.225 3.938
201503 2.949 99.950 3.864
201506 2.952 99.995 3.866
201509 3.012 100.228 3.935
201512 3.061 100.276 3.998
201603 3.119 100.751 4.054
201606 3.174 101.019 4.115
201609 3.250 101.138 4.208
201612 3.220 102.022 4.133
201703 3.437 102.022 4.412
201706 3.302 102.752 4.208
201709 3.609 103.279 4.576
201712 3.599 103.793 4.541
201803 4.012 103.962 5.054
201806 3.830 104.875 4.783
201809 3.852 105.679 4.773
201812 3.888 105.912 4.807
201903 4.099 105.886 5.070
201906 3.993 106.742 4.899
201909 4.176 107.214 5.101
201912 4.319 107.766 5.248
202003 4.325 106.563 5.315
202006 4.275 107.498 5.208
202009 4.629 107.635 5.632
202012 4.541 108.296 5.491
202103 4.908 108.360 5.932
202106 4.715 108.928 5.669
202109 4.966 110.338 5.894
202112 5.015 112.486 5.839
202203 5.134 114.825 5.855
202206 5.177 118.384 5.727
202209 5.354 122.296 5.733
202212 5.582 126.365 5.785
202303 5.836 127.042 6.016
202306 5.939 129.407 6.010
202309 6.038 130.224 6.072
202312 6.429 130.958 6.429
202403 7.030 130.958 7.030

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.


AAK AB  (OTCPK:ARHUF) 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.


AAK AB Cyclically Adjusted PB Ratio Related Terms

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


AAK AB (AAK AB) Business Description

Traded in Other Exchanges
Address
Skrivaregatan 9, Malmo, SWE, SE-215 32
AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food ingredients, Chocolate & confectionery fats, and Technical products & feed. The food ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. The majority is from the Food ingredients segment.