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IAR Systems Group AB (FRA:NC91) Cyclically Adjusted PB Ratio : 2.33 (As of Jun. 02, 2025)


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What is IAR Systems Group AB Cyclically Adjusted PB Ratio?

As of today (2025-06-02), IAR Systems Group AB's current share price is €9.62. IAR Systems Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €4.13. IAR Systems Group AB's Cyclically Adjusted PB Ratio for today is 2.33.

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

FRA:NC91' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 4.02   Max: 9.46
Current: 2.62

During the past years, IAR Systems Group AB's highest Cyclically Adjusted PB Ratio was 9.46. The lowest was 1.75. And the median was 4.02.

FRA:NC91's Cyclically Adjusted PB Ratio is ranked better than
51.25% of 1436 companies
in the Software industry
Industry Median: 2.705 vs FRA:NC91: 2.62

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.

IAR Systems Group AB's adjusted book value per share data for the three months ended in Mar. 2025 was €3.259. 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 €4.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


IAR Systems Group AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IAR Systems 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.

IAR Systems Group AB Cyclically Adjusted PB Ratio Chart

IAR Systems Group 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 4.62 3.56 3.83 2.90 2.91

IAR Systems Group AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.24 3.91 3.78 2.91 2.67

Competitive Comparison of IAR Systems Group AB's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, IAR Systems 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.


IAR Systems Group AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, IAR Systems Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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IAR Systems 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.62/4.13
=2.33

* 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.

IAR Systems Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, IAR Systems Group AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.259/132.8245*132.8245
=3.259

Current CPI (Mar. 2025) = 132.8245.

IAR Systems Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.203 99.995 2.926
201509 2.339 100.228 3.100
201512 2.489 100.276 3.297
201603 2.606 100.751 3.436
201606 1.998 101.019 2.627
201609 2.134 101.138 2.803
201612 2.278 102.022 2.966
201703 2.473 102.022 3.220
201706 2.061 102.752 2.664
201709 2.259 103.279 2.905
201712 2.315 103.793 2.963
201803 3.955 103.962 5.053
201806 3.626 104.875 4.592
201809 3.919 105.679 4.926
201812 3.930 105.912 4.929
201903 4.151 105.886 5.207
201906 3.729 106.742 4.640
201909 3.939 107.214 4.880
201912 4.144 107.766 5.108
202003 4.149 106.563 5.171
202006 4.205 107.498 5.196
202009 4.354 107.635 5.373
202012 4.421 108.296 5.422
202103 4.757 108.360 5.831
202106 4.782 108.928 5.831
202109 4.905 110.338 5.905
202112 4.175 112.486 4.930
202203 4.163 114.825 4.816
202206 4.337 118.384 4.866
202209 4.416 122.296 4.796
202212 4.443 126.365 4.670
202303 4.427 127.042 4.629
202306 4.289 129.407 4.402
202309 4.277 130.224 4.362
202312 2.792 131.912 2.811
202403 3.115 132.205 3.130
202406 2.957 132.716 2.959
202409 2.988 132.304 3.000
202412 3.101 132.987 3.097
202503 3.259 132.825 3.259

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.


IAR Systems Group AB  (FRA:NC91) 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.


IAR Systems Group AB Cyclically Adjusted PB Ratio Related Terms

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


IAR Systems Group AB Business Description

Industry
Traded in Other Exchanges
Address
Strandbodgatan 1A, P.O. Box 23051, Uppsala, SWE, SE-75323
IAR Systems Group AB provides software for programming processors in embedded systems. The company's customers mainly operate in industrial automation, medical technology, IOT, consumer electronics, and automotive industries that develop products based on 8, 16, and 32-bit processors. Its flagship product is IAR Embedded Workbench.

IAR Systems Group AB Headlines

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