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Loomis AB (FRA:K900) Cyclically Adjusted PB Ratio : 2.10 (As of Jun. 19, 2024)


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What is Loomis AB Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Loomis AB's current share price is €25.08. Loomis AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.95. Loomis AB's Cyclically Adjusted PB Ratio for today is 2.10.

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

FRA:K900' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.86   Max: 5.95
Current: 2.03

During the past years, Loomis AB's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 1.89. And the median was 2.86.

FRA:K900's Cyclically Adjusted PB Ratio is ranked worse than
58.55% of 690 companies
in the Business Services industry
Industry Median: 1.55 vs FRA:K900: 2.03

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.

Loomis AB's adjusted book value per share data for the three months ended in Mar. 2024 was €16.979. 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 €11.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loomis AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Loomis 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.

Loomis AB Cyclically Adjusted PB Ratio Chart

Loomis 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 5.15 2.69 2.51 2.40 1.97

Loomis 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 2.90 2.46 2.24 1.97 2.15

Competitive Comparison of Loomis AB's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Loomis 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.


Loomis AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Loomis 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.08/11.95
=2.10

* 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.

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

For example, Loomis 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)
=16.979/132.2054*132.2054
=16.979

Current CPI (Mar. 2024) = 132.2054.

Loomis AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.255 100.432 8.234
201409 6.739 100.161 8.895
201412 6.936 100.225 9.149
201503 7.885 99.950 10.430
201506 7.386 99.995 9.765
201509 7.780 100.228 10.262
201512 8.396 100.276 11.069
201603 8.289 100.751 10.877
201606 8.025 101.019 10.502
201609 8.227 101.138 10.754
201612 9.098 102.022 11.790
201703 9.509 102.022 12.322
201706 8.672 102.752 11.158
201709 9.157 103.279 11.722
201712 9.419 103.793 11.997
201803 10.004 103.962 12.722
201806 10.002 104.875 12.609
201809 10.320 105.679 12.910
201812 10.896 105.912 13.601
201903 11.343 105.886 14.162
201906 10.729 106.742 13.288
201909 11.559 107.214 14.253
201912 12.165 107.766 14.924
202003 13.122 106.563 16.280
202006 12.500 107.498 15.373
202009 12.552 107.635 15.417
202012 11.461 108.296 13.991
202103 12.590 108.360 15.361
202106 12.190 108.928 14.795
202109 12.633 110.338 15.137
202112 13.268 112.486 15.594
202203 13.983 114.825 16.099
202206 15.154 118.384 16.923
202209 16.982 122.296 18.358
202212 15.822 126.365 16.553
202303 15.925 127.042 16.572
202306 15.844 129.407 16.187
202309 15.978 130.224 16.221
202312 15.947 131.912 15.982
202403 16.979 132.205 16.979

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.


Loomis AB  (FRA:K900) 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.


Loomis AB Cyclically Adjusted PB Ratio Related Terms

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


Loomis AB (FRA:K900) Business Description

Industry
Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

Loomis AB (FRA:K900) Headlines

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