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Svenska Cellulosa AB (CHIX:SCABS) Cyclically Adjusted PB Ratio : 1.48 (As of May. 31, 2024)


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What is Svenska Cellulosa AB Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Svenska Cellulosa AB's current share price is kr169.35. Svenska Cellulosa AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr114.70. Svenska Cellulosa AB's Cyclically Adjusted PB Ratio for today is 1.48.

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

CHIX:SCABs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.27   Max: 2.11
Current: 1.38

During the past years, Svenska Cellulosa AB's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 0.65. And the median was 1.27.

CHIX:SCABs's Cyclically Adjusted PB Ratio is ranked worse than
67.23% of 235 companies
in the Forest Products industry
Industry Median: 0.91 vs CHIX:SCABs: 1.38

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.

Svenska Cellulosa AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr147.138. 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 kr114.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Svenska Cellulosa AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Svenska Cellulosa 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.

Svenska Cellulosa AB Cyclically Adjusted PB Ratio Chart

Svenska Cellulosa 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 1.12 1.66 1.73 1.24 1.30

Svenska Cellulosa 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 1.27 1.24 1.33 1.30 1.42

Competitive Comparison of Svenska Cellulosa AB's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Svenska Cellulosa 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.


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

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

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



Svenska Cellulosa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=169.35/114.7
=1.48

* 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.

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

For example, Svenska Cellulosa 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)
=147.138/132.2054*132.2054
=147.138

Current CPI (Mar. 2024) = 132.2054.

Svenska Cellulosa AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 90.157 100.432 118.679
201409 92.548 100.161 122.157
201412 96.281 100.225 127.003
201503 101.075 99.950 133.693
201506 99.776 99.995 131.916
201509 98.761 100.228 130.270
201512 100.237 100.276 132.154
201603 100.714 100.751 132.156
201606 94.823 101.019 124.096
201609 97.027 101.138 126.832
201612 104.140 102.022 134.951
201703 108.315 102.022 140.361
201706 50.848 102.752 65.423
201709 51.456 103.279 65.868
201712 52.326 103.793 66.650
201803 51.602 103.962 65.621
201806 52.914 104.875 66.704
201809 54.659 105.679 68.379
201812 55.617 105.912 69.425
201903 54.993 105.886 68.662
201906 55.976 106.742 69.329
201909 57.076 107.214 70.380
201912 97.545 107.766 119.667
202003 97.176 106.563 120.560
202006 98.791 107.498 121.497
202009 98.200 107.635 120.617
202012 102.746 108.296 125.430
202103 104.552 108.360 127.560
202106 106.114 108.928 128.791
202109 108.426 110.338 129.914
202112 118.254 112.486 138.985
202203 117.673 114.825 135.484
202206 122.644 118.384 136.963
202209 127.167 122.296 137.471
202212 137.195 126.365 143.536
202303 136.721 127.042 142.278
202306 137.943 129.407 140.927
202309 138.418 130.224 140.525
202312 148.480 131.912 148.810
202403 147.138 132.205 147.138

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.


Svenska Cellulosa AB  (CHIX:SCABs) 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.


Svenska Cellulosa AB Cyclically Adjusted PB Ratio Related Terms

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


Svenska Cellulosa AB (CHIX:SCABS) Business Description

Address
Skepparplatsen 1, Sundsvall, SWE, SE-851 88
Svenska Cellulosa AB is Europe's private forest owner, engaged in four business segments; the Forest segment supplies its industries with timber. The segment includes managing and harvesting on its own forest land, sourcing timber from other forest owners, and transporting the timber to its industries, The Wood segment includes five sawmills in northern Sweden and wood processing and distribution to the building materials trade in Sweden and France, The Pulp segment encompasses the production and sale of bleached softwood kraft pulp (NBSK) and chemi-thermomechanical pulp (CTMP), which are produced at the Ostrand pulp mill, and The Containerboard segment includes packaging paper with kraft liner manufacturing at the Obbola and Munksund paper mills.

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