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Billerud AB (Billerud AB) Cyclically Adjusted PB Ratio : 0.95 (As of May. 21, 2024)


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What is Billerud AB Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Billerud AB's current share price is $8.40. Billerud AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.84. Billerud AB's Cyclically Adjusted PB Ratio for today is 0.95.

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

BLRDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.21   Max: 3.6
Current: 1.09

During the past years, Billerud AB's highest Cyclically Adjusted PB Ratio was 3.60. The lowest was 0.96. And the median was 2.21.

BLRDF's Cyclically Adjusted PB Ratio is ranked worse than
59.63% of 218 companies
in the Forest Products industry
Industry Median: 0.89 vs BLRDF: 1.09

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.

Billerud AB's adjusted book value per share data for the three months ended in Mar. 2024 was $10.625. 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 $8.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Billerud AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Billerud 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.

Billerud AB Cyclically Adjusted PB Ratio Chart

Billerud 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 1.93 2.30 2.40 1.57 1.14

Billerud 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 1.29 0.96 1.16 1.14 1.05

Competitive Comparison of Billerud AB's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Billerud 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.


Billerud AB's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Billerud AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Billerud 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.40/8.84
=0.95

* 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.

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

For example, Billerud 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)
=10.625/132.2054*132.2054
=10.625

Current CPI (Mar. 2024) = 132.2054.

Billerud AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.750 100.432 8.885
201409 6.488 100.161 8.564
201412 6.268 100.225 8.268
201503 5.861 99.950 7.752
201506 5.922 99.995 7.830
201509 6.224 100.228 8.210
201512 6.494 100.276 8.562
201603 6.883 100.751 9.032
201606 6.626 101.019 8.672
201609 6.716 101.138 8.779
201612 6.362 102.022 8.244
201703 6.771 102.022 8.774
201706 6.708 102.752 8.631
201709 7.578 103.279 9.700
201712 7.408 103.793 9.436
201803 7.818 103.962 9.942
201806 6.865 104.875 8.654
201809 7.012 105.679 8.772
201812 7.164 105.912 8.943
201903 7.069 105.886 8.826
201906 6.541 106.742 8.101
201909 8.955 107.214 11.042
201912 9.295 107.766 11.403
202003 8.764 106.563 10.873
202006 9.133 107.498 11.232
202009 9.653 107.635 11.857
202012 10.391 108.296 12.685
202103 10.344 108.360 12.620
202106 10.255 108.928 12.446
202109 10.270 110.338 12.305
202112 9.929 112.486 11.670
202203 10.098 114.825 11.626
202206 10.890 118.384 12.161
202209 11.014 122.296 11.906
202212 11.350 126.365 11.875
202303 11.195 127.042 11.650
202306 10.158 129.407 10.378
202309 10.072 130.224 10.225
202312 10.569 131.912 10.593
202403 10.625 132.205 10.625

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.


Billerud AB  (OTCPK:BLRDF) 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.


Billerud AB Cyclically Adjusted PB Ratio Related Terms

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


Billerud AB (Billerud AB) Business Description

Address
Evenemangsgatan 17, Solna, P.O. Box 703, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Billerud organizes itself into three segments: Board product area, Paper product area and Solutions and Other.

Billerud AB (Billerud AB) Headlines

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