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Dignitana AB (Dignitana AB) Cyclically Adjusted PB Ratio : 1.36 (As of Jun. 20, 2024)


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What is Dignitana AB Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Dignitana AB's current share price is $0.15. Dignitana AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.11. Dignitana AB's Cyclically Adjusted PB Ratio for today is 1.36.

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

DIZTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 5.02   Max: 9.19
Current: 1.35

During the past years, Dignitana AB's highest Cyclically Adjusted PB Ratio was 9.19. The lowest was 1.28. And the median was 5.02.

DIZTF's Cyclically Adjusted PB Ratio is ranked better than
63.6% of 478 companies
in the Medical Devices & Instruments industry
Industry Median: 2.03 vs DIZTF: 1.35

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.

Dignitana AB's adjusted book value per share data for the three months ended in Mar. 2024 was $0.004. 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 $0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dignitana AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dignitana 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.

Dignitana AB Cyclically Adjusted PB Ratio Chart

Dignitana 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 6.67 6.61 6.99 3.84 1.80

Dignitana 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 3.71 3.07 2.07 1.80 1.69

Competitive Comparison of Dignitana AB's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Dignitana 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.


Dignitana AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Dignitana AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dignitana 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.15/0.11
=1.36

* 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.

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

For example, Dignitana 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)
=0.004/132.2054*132.2054
=0.004

Current CPI (Mar. 2024) = 132.2054.

Dignitana AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.148 100.432 0.195
201409 0.120 100.161 0.158
201412 0.106 100.225 0.140
201503 0.141 99.950 0.187
201506 0.123 99.995 0.163
201509 0.213 100.228 0.281
201512 0.186 100.276 0.245
201603 0.162 100.751 0.213
201606 0.286 101.019 0.374
201609 0.257 101.138 0.336
201612 0.197 102.022 0.255
201703 0.174 102.022 0.225
201706 0.138 102.752 0.178
201709 0.108 103.279 0.138
201712 0.148 103.793 0.189
201803 0.124 103.962 0.158
201806 0.101 104.875 0.127
201809 0.082 105.679 0.103
201812 0.150 105.912 0.187
201903 0.110 105.886 0.137
201906 0.092 106.742 0.114
201909 0.130 107.214 0.160
201912 0.106 107.766 0.130
202003 0.076 106.563 0.094
202006 0.067 107.498 0.082
202009 0.050 107.635 0.061
202012 0.153 108.296 0.187
202103 0.122 108.360 0.149
202106 0.109 108.928 0.132
202109 0.079 110.338 0.095
202112 0.053 112.486 0.062
202203 0.038 114.825 0.044
202206 0.029 118.384 0.032
202209 0.018 122.296 0.019
202212 0.033 126.365 0.035
202303 0.027 127.042 0.028
202306 0.022 129.407 0.022
202309 0.017 130.224 0.017
202312 0.010 131.912 0.010
202403 0.004 132.205 0.004

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.


Dignitana AB  (OTCPK:DIZTF) 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.


Dignitana AB Cyclically Adjusted PB Ratio Related Terms

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Dignitana AB (Dignitana AB) Business Description

Traded in Other Exchanges
Address
Traktorgranden 3, Lund, SWE, 226 60
Dignitana AB is a medical technology company, that develops, produces, and markets The DigniCap Scalp Cooling System. It is a patented medical cooling device that offers cancer patients the ability to minimize hair loss during chemotherapy to improve well-being and quality of life. Geographically, it derives a majority of revenue from the USA.