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Fagerhult Group AB (CHIX:FAGS) Cyclically Adjusted PB Ratio : 2.35 (As of Sep. 22, 2024)


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What is Fagerhult Group AB Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Fagerhult Group AB's current share price is kr67.90. Fagerhult Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was kr28.86. Fagerhult Group AB's Cyclically Adjusted PB Ratio for today is 2.35.

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

CHIX:FAGs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 3.13   Max: 10.85
Current: 2.26

During the past years, Fagerhult Group AB's highest Cyclically Adjusted PB Ratio was 10.85. The lowest was 1.71. And the median was 3.13.

CHIX:FAGs's Cyclically Adjusted PB Ratio is ranked worse than
61.43% of 1908 companies
in the Industrial Products industry
Industry Median: 1.715 vs CHIX:FAGs: 2.26

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.

Fagerhult Group AB's adjusted book value per share data for the three months ended in Jun. 2024 was kr41.264. 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 kr28.86 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fagerhult Group AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fagerhult Group 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.

Fagerhult Group AB Cyclically Adjusted PB Ratio Chart

Fagerhult Group 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 4.96 3.11 3.37 1.73 2.40

Fagerhult Group AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.68 1.94 2.40 2.60 2.35

Competitive Comparison of Fagerhult Group AB's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Fagerhult Group 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.


Fagerhult Group AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fagerhult Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fagerhult Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.90/28.86
=2.35

* 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.

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

For example, Fagerhult Group AB's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=41.264/132.7160*132.7160
=41.264

Current CPI (Jun. 2024) = 132.7160.

Fagerhult Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201409 9.361 100.161 12.404
201412 10.209 100.225 13.519
201503 10.848 99.950 14.404
201506 10.189 99.995 13.523
201509 10.447 100.228 13.833
201512 11.030 100.276 14.598
201603 11.264 100.751 14.838
201606 11.085 101.019 14.563
201609 12.015 101.138 15.766
201612 12.463 102.022 16.213
201703 13.481 102.022 17.537
201706 12.729 102.752 16.441
201709 13.473 103.279 17.313
201712 14.396 103.793 18.408
201803 15.466 103.962 19.744
201806 14.621 104.875 18.503
201809 14.924 105.679 18.742
201812 16.212 105.912 20.315
201903 21.755 105.886 27.267
201906 29.568 106.742 36.763
201909 31.138 107.214 38.545
201912 31.006 107.766 38.185
202003 32.026 106.563 39.886
202006 30.980 107.498 38.248
202009 30.917 107.635 38.121
202012 32.725 108.296 40.104
202103 34.130 108.360 41.802
202106 33.998 108.928 41.423
202109 34.378 110.338 41.350
202112 35.305 112.486 41.654
202203 36.257 114.825 41.906
202206 36.565 118.384 40.992
202209 37.934 122.296 41.166
202212 39.498 126.365 41.483
202303 40.195 127.042 41.990
202306 40.462 129.407 41.497
202309 40.672 130.224 41.450
202312 40.784 131.912 41.033
202403 42.709 132.205 42.874
202406 41.264 132.716 41.264

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.


Fagerhult Group AB  (CHIX:FAGs) 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.


Fagerhult Group AB Cyclically Adjusted PB Ratio Related Terms

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


Fagerhult Group AB Business Description

Traded in Other Exchanges
Address
Avagen 1, Habo, SWE, SE-566 80
Fagerhult Group AB is a Swedish-based company that develops, manufactures, and markets professional lighting solutions. The company segments its brands in four business areas with similar focuses regarding customers' and geographical coverage: Collection, Premium, Professional, and Infrastructure. The company's main market includes Europe, but also present in North America, Asia and Australia. Its brands consist of atelje Lyktan, iGuzzini, LED Linear, WE-EF, Fagerhult, LTS, Arlight, Eagle Lighting, Whitecroft, Designplan, I-Valo and Veko.

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