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GARO AB (FRA:46GA) Cyclically Adjusted PB Ratio : 2.65 (As of Mar. 03, 2025)


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What is GARO AB Cyclically Adjusted PB Ratio?

As of today (2025-03-03), GARO AB's current share price is €2.015. GARO AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €0.76. GARO AB's Cyclically Adjusted PB Ratio for today is 2.65.

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

FRA:46GA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 2.49   Max: 3.04
Current: 2.49

During the past years, GARO AB's highest Cyclically Adjusted PB Ratio was 3.04. The lowest was 2.20. And the median was 2.49.

FRA:46GA's Cyclically Adjusted PB Ratio is ranked worse than
57.87% of 1854 companies
in the Industrial Products industry
Industry Median: 1.97 vs FRA:46GA: 2.49

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.

GARO AB's adjusted book value per share data for the three months ended in Dec. 2024 was €0.966. 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 €0.76 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GARO AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GARO 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.

GARO AB Cyclically Adjusted PB Ratio Chart

GARO 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 - - - - 2.50

GARO AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 3.04 2.44 2.50

Competitive Comparison of GARO AB's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, GARO 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.


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

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

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



GARO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.015/0.76
=2.65

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.966/132.9872*132.9872
=0.966

Current CPI (Dec. 2024) = 132.9872.

GARO AB Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.950 0.000
201506 0.000 99.995 0.000
201509 0.000 100.228 0.000
201512 0.339 100.276 0.450
201603 0.300 100.751 0.396
201606 0.333 101.019 0.438
201609 0.364 101.138 0.479
201612 0.400 102.022 0.521
201703 0.448 102.022 0.584
201706 0.416 102.752 0.538
201709 0.472 103.279 0.608
201712 0.509 103.793 0.652
201803 0.540 103.962 0.691
201806 0.486 104.875 0.616
201809 0.522 105.679 0.657
201812 0.577 105.912 0.725
201903 0.614 105.886 0.771
201906 0.569 106.742 0.709
201909 0.598 107.214 0.742
201912 0.655 107.766 0.808
202003 0.658 106.563 0.821
202006 0.710 107.498 0.878
202009 0.767 107.635 0.948
202012 0.846 108.296 1.039
202103 0.923 108.360 1.133
202106 0.919 108.928 1.122
202109 0.991 110.338 1.194
202112 1.074 112.486 1.270
202203 1.151 114.825 1.333
202206 1.083 118.384 1.217
202209 1.114 122.296 1.211
202212 1.117 126.365 1.176
202303 1.134 127.042 1.187
202306 1.109 129.407 1.140
202309 1.032 130.224 1.054
202312 1.090 131.912 1.099
202403 1.074 132.205 1.080
202406 1.058 132.716 1.060
202409 0.976 132.304 0.981
202412 0.966 132.987 0.966

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.


GARO AB  (FRA:46GA) 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.


GARO AB Cyclically Adjusted PB Ratio Related Terms

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


GARO AB Business Description

Industry
Traded in Other Exchanges
Address
Sodergatan 26, Box 203, Gnosjo, SWE, SE-335 33
GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it also includes in-house production at two facilities.

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