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Mowi ASA (FRA:PND) Cyclically Adjusted PB Ratio : 2.95 (As of Apr. 29, 2024)


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What is Mowi ASA Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Mowi ASA's current share price is €16.225. Mowi ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €5.50. Mowi ASA's Cyclically Adjusted PB Ratio for today is 2.95.

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

FRA:PND' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 4.15   Max: 5.41
Current: 3.1

During the past years, Mowi ASA's highest Cyclically Adjusted PB Ratio was 5.41. The lowest was 1.59. And the median was 4.15.

FRA:PND's Cyclically Adjusted PB Ratio is ranked worse than
78.82% of 1237 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs FRA:PND: 3.10

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.

Mowi ASA's adjusted book value per share data for the three months ended in Dec. 2023 was €6.949. 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 €5.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mowi ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Cyclically Adjusted PB Ratio Chart

Mowi ASA 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 5.22 4.16 4.13 2.96 2.92

Mowi ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.96 3.33 2.83 3.12 2.92

Competitive Comparison of Mowi ASA's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Mowi ASA 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.

Mowi ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.225/5.5
=2.95

* 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.

Mowi ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mowi ASA's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.949/131.9000*131.9000
=6.949

Current CPI (Dec. 2023) = 131.9000.

Mowi ASA Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.831 97.300 6.549
201406 4.209 97.500 5.694
201409 4.225 98.500 5.658
201412 3.992 98.600 5.340
201503 4.701 99.200 6.251
201506 4.488 100.100 5.914
201509 4.170 100.600 5.467
201512 4.209 100.900 5.502
201603 4.336 102.500 5.580
201606 4.268 103.800 5.423
201609 4.372 104.200 5.534
201612 4.596 104.400 5.807
201703 4.757 105.000 5.976
201706 5.164 105.800 6.438
201709 5.147 105.900 6.411
201712 4.721 106.100 5.869
201803 4.779 107.300 5.875
201806 4.910 108.500 5.969
201809 4.786 109.500 5.765
201812 5.576 109.800 6.698
201903 5.783 110.400 6.909
201906 5.728 110.600 6.831
201909 5.450 111.100 6.470
201912 5.593 111.300 6.628
202003 5.074 111.200 6.019
202006 5.138 112.100 6.046
202009 5.260 112.900 6.145
202012 5.341 112.900 6.240
202103 5.897 114.600 6.787
202106 6.034 115.300 6.903
202109 5.902 117.500 6.625
202112 6.051 118.900 6.713
202203 6.324 119.800 6.963
202206 6.836 122.600 7.355
202209 6.786 125.600 7.126
202212 6.783 125.900 7.106
202303 7.079 127.600 7.318
202306 6.693 130.400 6.770
202309 6.749 129.800 6.858
202312 6.949 131.900 6.949

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.


Mowi ASA  (FRA:PND) 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.


Mowi ASA Cyclically Adjusted PB Ratio Related Terms

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


Mowi ASA (FRA:PND) Business Description

Address
Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (FRA:PND) Headlines

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