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Saab AB (LTS:0GWL) Cyclically Adjusted PB Ratio : 2.96 (As of Jan. 18, 2025)


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What is Saab AB Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Saab AB's current share price is kr225.65. Saab AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr76.24. Saab AB's Cyclically Adjusted PB Ratio for today is 2.96.

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

LTS:0GWL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.09   Max: 3.41
Current: 3.01

During the past years, Saab AB's highest Cyclically Adjusted PB Ratio was 3.41. The lowest was 0.58. And the median was 1.09.

LTS:0GWL's Cyclically Adjusted PB Ratio is ranked worse than
54.8% of 177 companies
in the Aerospace & Defense industry
Industry Median: 2.73 vs LTS:0GWL: 3.01

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.

Saab AB's adjusted book value per share data for the three months ended in Sep. 2024 was kr66.494. 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 kr76.24 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saab AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Saab 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.

Saab AB Cyclically Adjusted PB Ratio Chart

Saab 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 1.04 0.77 0.72 1.24 1.86

Saab AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.74 1.86 2.98 3.25 2.82

Competitive Comparison of Saab AB's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saab 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=225.65/76.24
=2.96

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=66.494/132.3043*132.3043
=66.494

Current CPI (Sep. 2024) = 132.3043.

Saab AB Quarterly Data

Book Value per Share CPI Adj_Book
201412 22.864 100.225 30.182
201503 98.486 99.950 130.366
201506 103.056 99.995 136.354
201509 100.168 100.228 132.225
201512 25.911 100.276 34.187
201603 111.084 100.751 145.873
201606 104.693 101.019 137.116
201609 105.272 101.138 137.713
201612 26.414 102.022 34.254
201703 118.852 102.022 154.131
201706 114.323 102.752 147.203
201709 119.220 103.279 152.725
201712 28.192 103.793 35.936
201803 0.000 103.962 0.000
201806 116.637 104.875 147.143
201809 114.170 105.679 142.935
201812 36.357 105.912 45.417
201903 38.029 105.886 47.517
201906 36.110 106.742 44.758
201909 35.748 107.214 44.114
201912 38.621 107.766 47.415
202003 40.222 106.563 49.938
202006 40.008 107.498 49.240
202009 38.228 107.635 46.990
202012 41.715 108.296 50.963
202103 41.897 108.360 51.155
202106 42.125 108.928 51.165
202109 42.605 110.338 51.087
202112 44.954 112.486 52.874
202203 47.213 114.825 54.400
202206 50.388 118.384 56.313
202209 51.813 122.296 56.053
202212 55.639 126.365 58.254
202303 56.393 127.042 58.729
202306 57.898 129.407 59.195
202309 59.345 130.224 60.293
202312 60.104 131.912 60.283
202403 62.419 132.205 62.466
202406 64.391 132.716 64.191
202409 66.494 132.304 66.494

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.


Saab AB  (LTS:0GWL) 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.


Saab AB Cyclically Adjusted PB Ratio Related Terms

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


Saab AB Business Description

Industry
Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab supplies products and services for military, defense, and civil security. The company operates in four segments: aeronautics, dynamics, surveillance, and Kockums. Aeronautics involves the manufacturing and support of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. Surveillance supplies security services, and creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three fourths of Saab's sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

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