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Axfood AB (CHIX:AXFOS) Cyclically Adjusted PB Ratio : 10.78 (As of Jun. 14, 2025)


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What is Axfood AB Cyclically Adjusted PB Ratio?

As of today (2025-06-14), Axfood AB's current share price is kr275.00. Axfood AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr25.52. Axfood AB's Cyclically Adjusted PB Ratio for today is 10.78.

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

CHIX:AXFOs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.8   Med: 11.31   Max: 16.64
Current: 11.24

During the past years, Axfood AB's highest Cyclically Adjusted PB Ratio was 16.64. The lowest was 8.80. And the median was 11.31.

CHIX:AXFOs's Cyclically Adjusted PB Ratio is ranked worse than
90.87% of 241 companies
in the Retail - Defensive industry
Industry Median: 1.72 vs CHIX:AXFOs: 11.24

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.

Axfood AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr26.059. 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 kr25.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axfood AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Axfood 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.

Axfood AB Cyclically Adjusted PB Ratio Chart

Axfood AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.88 13.90 13.10 11.61 9.59

Axfood AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 13.12 11.61 11.88 9.59 9.22

Competitive Comparison of Axfood AB's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, Axfood 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.


Axfood AB's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Axfood 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=275.00/25.52
=10.78

* 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.

Axfood AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Axfood AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=26.059/132.8245*132.8245
=26.059

Current CPI (Mar. 2025) = 132.8245.

Axfood AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.699 99.995 23.510
201509 19.716 100.228 26.128
201512 21.403 100.276 28.350
201603 13.947 100.751 18.387
201606 15.738 101.019 20.693
201609 17.906 101.138 23.516
201612 19.451 102.022 25.324
201703 14.977 102.022 19.499
201706 16.599 102.752 21.457
201709 18.727 103.279 24.084
201712 20.174 103.793 25.817
201803 14.821 103.962 18.936
201806 16.684 104.875 21.130
201809 18.895 105.679 23.749
201812 20.371 105.912 25.547
201903 13.258 105.886 16.631
201906 15.037 106.742 18.711
201909 17.496 107.214 21.675
201912 19.045 107.766 23.473
202003 14.052 106.563 17.515
202006 15.822 107.498 19.550
202009 18.831 107.635 23.238
202012 20.528 108.296 25.178
202103 15.376 108.360 18.848
202106 17.417 108.928 21.238
202109 20.438 110.338 24.603
202112 23.482 112.486 27.728
202203 19.181 114.825 22.188
202206 28.146 118.384 31.579
202209 28.702 122.296 31.173
202212 30.625 126.365 32.190
202303 23.442 127.042 24.509
202306 26.112 129.407 26.802
202309 29.439 130.224 30.027
202312 31.871 131.912 32.092
202403 26.110 132.205 26.232
202406 28.296 132.716 28.319
202409 31.176 132.304 31.299
202412 32.691 132.987 32.651
202503 26.059 132.825 26.059

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.


Axfood AB  (CHIX:AXFOs) 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.


Axfood AB Cyclically Adjusted PB Ratio Related Terms

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


Axfood AB Business Description

Traded in Other Exchanges
Address
Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants and cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.

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