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Pandora A/S (Pandora A/S) Cyclically Adjusted PB Ratio : 16.96 (As of Apr. 27, 2024)


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What is Pandora A/S Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Pandora A/S's current share price is $155.85. Pandora A/S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.19. Pandora A/S's Cyclically Adjusted PB Ratio for today is 16.96.

The historical rank and industry rank for Pandora A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

PNDZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.11   Med: 9.34   Max: 18.01
Current: 16.78

During the past years, Pandora A/S's highest Cyclically Adjusted PB Ratio was 18.01. The lowest was 4.11. And the median was 9.34.

PNDZF's Cyclically Adjusted PB Ratio is ranked worse than
96.79% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs PNDZF: 16.78

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.

Pandora A/S's adjusted book value per share data for the three months ended in Dec. 2023 was $9.530. 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 $9.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pandora A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pandora A/S'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.

Pandora A/S Cyclically Adjusted PB Ratio Chart

Pandora A/S 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 5.86 13.09 14.23 7.63 14.52

Pandora A/S 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 7.63 10.10 9.47 11.34 14.52

Competitive Comparison of Pandora A/S's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Pandora A/S'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.


Pandora A/S's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pandora A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pandora A/S's Cyclically Adjusted PB Ratio falls into.



Pandora A/S 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.

Pandora A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=155.85/9.19
=16.96

* 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.

Pandora A/S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pandora A/S'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)
=9.53/116.7000*116.7000
=9.530

Current CPI (Dec. 2023) = 116.7000.

Pandora A/S Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.014 99.600 10.562
201406 9.033 99.700 10.573
201409 9.109 99.700 10.662
201412 9.638 99.400 11.315
201503 7.717 100.200 8.988
201506 7.588 100.300 8.829
201509 7.076 100.200 8.241
201512 7.707 99.800 9.012
201603 6.810 100.200 7.931
201606 7.034 100.600 8.160
201609 7.439 100.200 8.664
201612 8.607 100.300 10.014
201703 9.016 101.200 10.397
201706 8.485 101.200 9.785
201709 8.573 101.800 9.828
201712 9.450 101.300 10.887
201803 9.707 101.700 11.139
201806 9.136 102.300 10.422
201809 7.838 102.400 8.933
201812 9.549 102.100 10.914
201903 8.340 102.900 9.458
201906 8.609 102.900 9.764
201909 6.575 102.900 7.457
201912 8.402 102.900 9.529
202003 5.852 103.300 6.611
202006 8.294 103.200 9.379
202009 9.027 103.500 10.178
202012 12.122 103.400 13.681
202103 12.754 104.300 14.270
202106 13.257 105.000 14.734
202109 11.784 105.800 12.998
202112 11.075 106.600 12.124
202203 8.685 109.900 9.222
202206 8.587 113.600 8.821
202209 8.286 116.400 8.307
202212 11.480 115.900 11.559
202303 8.633 117.300 8.589
202306 7.270 116.400 7.289
202309 6.068 117.400 6.032
202312 9.530 116.700 9.530

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.


Pandora A/S  (OTCPK:PNDZF) 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.


Pandora A/S Cyclically Adjusted PB Ratio Related Terms

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


Pandora A/S (Pandora A/S) Business Description

Address
Havneholmen 17-19, Copenhagen, DNK, DK-1561
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,500 concept stores globally (1,600 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for 51% of sales, own online channels for 21% and wholesale for the remainder. Charms and bracelets account for almost three fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.

Pandora A/S (Pandora A/S) Headlines