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Grigeo Group AB (FRA:WM8) Cyclically Adjusted PB Ratio : 1.56 (As of Sep. 25, 2024)


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What is Grigeo Group AB Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Grigeo Group AB's current share price is €0.968. Grigeo Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €0.62. Grigeo Group AB's Cyclically Adjusted PB Ratio for today is 1.56.

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

FRA:WM8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.76   Max: 2.53
Current: 1.54

During the past years, Grigeo Group AB's highest Cyclically Adjusted PB Ratio was 2.53. The lowest was 1.24. And the median was 1.76.

FRA:WM8's Cyclically Adjusted PB Ratio is ranked worse than
76.62% of 201 companies
in the Forest Products industry
Industry Median: 0.83 vs FRA:WM8: 1.54

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.

Grigeo Group AB's adjusted book value per share data for the three months ended in Jun. 2024 was €0.893. 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 €0.62 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grigeo Group AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grigeo 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.

Grigeo Group AB Cyclically Adjusted PB Ratio Chart

Grigeo Group 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 2.04 1.65 1.95 1.29 1.79

Grigeo Group AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.53 1.57 1.79 1.76 1.57

Competitive Comparison of Grigeo Group AB's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Grigeo 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.


Grigeo Group AB's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Grigeo Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Grigeo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.968/0.62
=1.56

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.893/132.5538*132.5538
=0.893

Current CPI (Jun. 2024) = 132.5538.

Grigeo Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.298 100.428 0.393
201412 0.310 99.070 0.415
201503 0.324 99.621 0.431
201506 0.328 100.684 0.432
201509 0.343 100.392 0.453
201512 0.356 99.792 0.473
201603 0.363 100.470 0.479
201606 0.358 101.688 0.467
201609 0.367 101.861 0.478
201612 0.377 101.863 0.491
201703 0.388 102.862 0.500
201706 0.381 103.349 0.489
201709 0.400 104.136 0.509
201712 0.426 104.011 0.543
201803 0.453 105.290 0.570
201806 0.456 106.317 0.569
201809 0.484 106.507 0.602
201812 0.504 105.998 0.630
201903 0.526 107.251 0.650
201906 0.516 108.070 0.633
201909 0.557 108.329 0.682
201912 0.580 108.420 0.709
202003 0.608 108.902 0.740
202006 0.618 108.767 0.753
202009 0.633 109.815 0.764
202012 0.677 109.897 0.817
202103 0.703 111.754 0.834
202106 0.673 114.631 0.778
202109 0.695 115.734 0.796
202112 0.712 117.630 0.802
202203 0.727 121.301 0.794
202206 0.718 125.017 0.761
202209 0.705 125.227 0.746
202212 0.739 125.222 0.782
202303 0.801 127.348 0.834
202306 0.799 128.729 0.823
202309 0.844 129.860 0.862
202312 0.883 129.419 0.904
202403 0.914 131.776 0.919
202406 0.893 132.554 0.893

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.


Grigeo Group AB  (FRA:WM8) 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.


Grigeo Group AB Cyclically Adjusted PB Ratio Related Terms

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


Grigeo Group AB Business Description

Traded in Other Exchanges
Address
Vilniaus Street 10, Grigiskes, Vilniaus, LTU, LT-27101
Grigeo AB is a Lithuania-based company engaged in the paper and wood industry. It produces toilet paper, paper towels, paper napkins, corrugated cardboard, and products from corrugated cardboard. The company has three reportable segments: Paper & paper products, wood fibreboards & wood processing, and Raw material for corrugated cardboard & related products. The geographical segments are Lithuania, Poland, Latvia, Estonia, Ukraine, Finland, Denmark, Sweden, Belarus, Belarus, The Netherlands, and other countries.

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