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Rockwool AS (FRA:R90) Cyclically Adjusted PB Ratio : 3.80 (As of Jun. 21, 2024)


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What is Rockwool AS Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Rockwool AS's current share price is €383.00. Rockwool AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €100.71. Rockwool AS's Cyclically Adjusted PB Ratio for today is 3.80.

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

FRA:R90' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.18   Max: 5.35
Current: 3.76

During the past years, Rockwool AS's highest Cyclically Adjusted PB Ratio was 5.35. The lowest was 1.79. And the median was 3.18.

FRA:R90's Cyclically Adjusted PB Ratio is ranked worse than
86.92% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs FRA:R90: 3.76

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.

Rockwool AS's adjusted book value per share data for the three months ended in Mar. 2024 was €134.284. 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 €100.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockwool AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rockwool AS'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.

Rockwool AS Cyclically Adjusted PB Ratio Chart

Rockwool AS 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 2.87 3.84 4.10 2.40 2.72

Rockwool AS 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 2.40 2.51 2.39 2.72 3.01

Competitive Comparison of Rockwool AS's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Rockwool AS'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.


Rockwool AS's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rockwool AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rockwool AS 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.

Rockwool AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=383.00/100.71
=3.80

* 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.

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

For example, Rockwool AS'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)
=134.284/118.4000*118.4000
=134.284

Current CPI (Mar. 2024) = 118.4000.

Rockwool AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 59.632 99.700 70.817
201409 61.770 99.700 73.356
201412 60.114 99.400 71.605
201503 63.834 100.200 75.429
201506 61.916 100.300 73.089
201509 60.565 100.200 71.566
201512 63.216 99.800 74.998
201603 64.672 100.200 76.419
201606 65.634 100.600 77.247
201609 67.772 100.200 80.082
201612 70.607 100.300 83.349
201703 72.699 101.200 85.055
201706 70.478 101.200 82.456
201709 72.064 101.800 83.815
201712 77.039 101.300 90.044
201803 78.932 101.700 91.893
201806 79.391 102.300 91.886
201809 82.994 102.400 95.962
201812 85.529 102.100 99.183
201903 89.684 102.900 103.193
201906 89.273 102.900 102.720
201909 93.736 102.900 107.856
201912 96.521 102.900 111.060
202003 95.679 103.300 109.665
202006 93.269 103.200 107.006
202009 93.876 103.500 107.391
202012 96.795 103.400 110.837
202103 101.148 104.300 114.822
202106 101.056 105.000 113.953
202109 105.358 105.800 117.905
202112 111.016 106.600 123.305
202203 113.845 109.900 122.650
202206 119.316 113.600 124.358
202209 121.867 116.400 123.961
202212 119.595 115.900 122.175
202303 121.264 117.300 122.401
202306 120.939 116.400 123.017
202309 125.065 117.400 126.130
202312 129.993 116.700 131.887
202403 134.284 118.400 134.284

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.


Rockwool AS  (FRA:R90) 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.


Rockwool AS Cyclically Adjusted PB Ratio Related Terms

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


Rockwool AS (FRA:R90) Business Description

Industry
Traded in Other Exchanges
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

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