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SalMar ASA (LTS:0FWY) Cyclically Adjusted PB Ratio : 4.36 (As of Jun. 02, 2025)


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What is SalMar ASA Cyclically Adjusted PB Ratio?

As of today (2025-06-02), SalMar ASA's current share price is kr461.10. SalMar ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr105.75. SalMar ASA's Cyclically Adjusted PB Ratio for today is 4.36.

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

LTS:0FWY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.07   Med: 8.74   Max: 12.02
Current: 4.3

During the past years, SalMar ASA's highest Cyclically Adjusted PB Ratio was 12.02. The lowest was 4.07. And the median was 8.74.

LTS:0FWY's Cyclically Adjusted PB Ratio is ranked worse than
84.66% of 1310 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs LTS:0FWY: 4.30

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.

SalMar ASA's adjusted book value per share data for the three months ended in Mar. 2025 was kr138.341. 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 kr105.75 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SalMar ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SalMar ASA'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.

SalMar ASA Cyclically Adjusted PB Ratio Chart

SalMar ASA 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 9.00 9.12 4.80 6.13 5.25

SalMar ASA 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 7.47 5.70 5.52 5.25 4.76

Competitive Comparison of SalMar ASA's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, SalMar ASA'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.


SalMar ASA's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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SalMar ASA 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.

SalMar ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=461.10/105.75
=4.36

* 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.

SalMar ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, SalMar ASA'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)
=138.341/136.1000*136.1000
=138.341

Current CPI (Mar. 2025) = 136.1000.

SalMar ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 38.838 100.100 52.806
201509 41.939 100.600 56.739
201512 45.909 100.900 61.925
201603 50.848 102.500 67.516
201606 44.338 103.800 58.135
201609 49.803 104.200 65.050
201612 58.749 104.400 76.588
201703 62.140 105.000 80.545
201706 55.402 105.800 71.269
201709 63.971 105.900 82.214
201712 67.351 106.100 86.395
201803 73.571 107.300 93.318
201806 61.215 108.500 76.787
201809 69.476 109.500 86.353
201812 80.257 109.800 99.481
201903 86.633 110.400 106.800
201906 71.452 110.600 87.926
201909 73.819 111.100 90.430
201912 79.769 111.300 97.543
202003 85.294 111.200 104.393
202006 95.423 112.100 115.853
202009 99.462 112.900 119.901
202012 87.125 112.900 105.028
202103 93.085 114.600 110.549
202106 99.678 115.300 117.660
202109 105.380 117.500 122.061
202112 112.409 118.900 128.670
202203 122.271 119.800 138.907
202206 117.751 122.600 130.717
202209 121.880 125.600 132.069
202212 133.374 125.900 144.180
202303 143.221 127.600 152.762
202306 120.813 130.400 126.094
202309 127.842 129.800 134.047
202312 151.040 131.900 155.849
202403 155.889 132.600 160.004
202406 127.899 133.800 130.098
202409 129.757 133.700 132.086
202412 135.881 134.800 137.191
202503 138.341 136.100 138.341

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.


SalMar ASA  (LTS:0FWY) 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.


SalMar ASA Cyclically Adjusted PB Ratio Related Terms

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


SalMar ASA Business Description

Address
Industriveien 51, Kverva, NOR, 7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make them more convenient for customers. The salmon are sold through an in-house salesforce and close partners of the company. Proximity to customers and tracking the use of resources play a factor in delivering the raw material.

SalMar ASA Headlines

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