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TradeDoubler AB (LTS:0GTU) Cyclically Adjusted PB Ratio : 0.55 (As of May. 21, 2024)


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What is TradeDoubler AB Cyclically Adjusted PB Ratio?

As of today (2024-05-21), TradeDoubler AB's current share price is kr4.00388. TradeDoubler AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr7.32. TradeDoubler AB's Cyclically Adjusted PB Ratio for today is 0.55.

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

LTS:0GTU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.48   Max: 0.9
Current: 0.62

During the past years, TradeDoubler AB's highest Cyclically Adjusted PB Ratio was 0.90. The lowest was 0.17. And the median was 0.48.

LTS:0GTU's Cyclically Adjusted PB Ratio is ranked better than
71.02% of 659 companies
in the Media - Diversified industry
Industry Median: 1.12 vs LTS:0GTU: 0.62

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.

TradeDoubler AB's adjusted book value per share data for the three months ended in Dec. 2023 was kr7.383. 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 kr7.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TradeDoubler AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TradeDoubler 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.

TradeDoubler AB Cyclically Adjusted PB Ratio Chart

TradeDoubler 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 0.34 0.33 0.89 0.45 0.55

TradeDoubler AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.45 0.61 0.62 0.56 0.55

Competitive Comparison of TradeDoubler AB's Cyclically Adjusted PB Ratio

For the Advertising Agencies subindustry, TradeDoubler 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.


TradeDoubler AB's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TradeDoubler AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TradeDoubler 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.00388/7.32
=0.55

* 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.

TradeDoubler AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, TradeDoubler AB's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.383/131.9118*131.9118
=7.383

Current CPI (Dec. 2023) = 131.9118.

TradeDoubler AB Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.093 99.788 15.986
201406 11.801 100.432 15.500
201409 11.981 100.161 15.779
201412 10.426 100.225 13.722
201503 10.254 99.950 13.533
201506 9.720 99.995 12.822
201509 9.408 100.228 12.382
201512 5.857 100.276 7.705
201603 5.434 100.751 7.115
201606 5.234 101.019 6.835
201609 5.207 101.138 6.791
201612 4.795 102.022 6.200
201703 4.772 102.022 6.170
201706 4.837 102.752 6.210
201709 4.736 103.279 6.049
201712 4.680 103.793 5.948
201803 4.900 103.962 6.217
201806 5.258 104.875 6.614
201809 5.198 105.679 6.488
201812 5.260 105.912 6.551
201903 5.342 105.886 6.655
201906 5.219 106.742 6.450
201909 5.185 107.214 6.379
201912 5.154 107.766 6.309
202003 5.317 106.563 6.582
202006 5.098 107.498 6.256
202009 5.070 107.635 6.214
202012 5.017 108.296 6.111
202103 5.195 108.360 6.324
202106 5.490 108.928 6.648
202109 5.532 110.338 6.614
202112 5.789 112.486 6.789
202203 6.039 114.825 6.938
202206 6.312 118.384 7.033
202209 6.466 122.296 6.974
202212 6.817 126.365 7.116
202303 7.080 127.042 7.351
202306 7.448 129.407 7.592
202309 7.335 130.224 7.430
202312 7.383 131.912 7.383

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.


TradeDoubler AB  (LTS:0GTU) 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.


TradeDoubler AB Cyclically Adjusted PB Ratio Related Terms

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


TradeDoubler AB (LTS:0GTU) Business Description

Traded in Other Exchanges
Address
Birger Jarlsgatan 57A, Stockholm, SWE, SE-113 56
TradeDoubler AB is a Sweden based performance marketing company. It helps clients grow their online sales and find new customers for their businesses and help an expanding network of online publishers monetize their websites. Tradedoubler offers a portfolio of performance marketing solutions that enable advertisers to enhance measure and track the return on their digital marketing investment. Its segment includes DACH, France and Benelux, Nordics, South, and UK and Ireland. The company derives a majority of revenue from Nordics segment.

TradeDoubler AB (LTS:0GTU) Headlines

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