GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Electrolux AB (LTS:0MDT) » Definitions » Cyclically Adjusted PB Ratio

Electrolux AB (LTS:0MDT) Cyclically Adjusted PB Ratio : 1.53 (As of May. 20, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Electrolux AB Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Electrolux AB's current share price is kr101.85. Electrolux AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr66.56. Electrolux AB's Cyclically Adjusted PB Ratio for today is 1.53.

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

LTS:0MDT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.69   Max: 4.27
Current: 1.56

During the past years, Electrolux AB's highest Cyclically Adjusted PB Ratio was 4.27. The lowest was 1.35. And the median was 2.69.

LTS:0MDT's Cyclically Adjusted PB Ratio is ranked worse than
52.9% of 293 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.38 vs LTS:0MDT: 1.56

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.

Electrolux AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr40.662. 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 kr66.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electrolux AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electrolux 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.

Electrolux AB Cyclically Adjusted PB Ratio Chart

Electrolux 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 2.56 2.94 3.69 2.24 1.58

Electrolux AB 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 1.91 2.17 1.64 1.58 1.46

Competitive Comparison of Electrolux AB's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Electrolux 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.


Electrolux AB's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Electrolux AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Electrolux 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=101.85/66.56
=1.53

* 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.

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

For example, Electrolux AB'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)
=40.662/132.2054*132.2054
=40.662

Current CPI (Mar. 2024) = 132.2054.

Electrolux AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 45.791 100.432 60.278
201409 53.366 100.161 70.439
201412 57.397 100.225 75.712
201503 54.013 99.950 71.444
201506 56.035 99.995 74.085
201509 55.340 100.228 72.996
201512 52.106 100.276 68.697
201603 48.504 100.751 63.647
201606 48.337 101.019 63.259
201609 54.677 101.138 71.473
201612 61.615 102.022 79.844
201703 58.010 102.022 75.173
201706 60.230 102.752 77.494
201709 63.828 103.279 81.705
201712 71.208 103.793 90.701
201803 75.620 103.962 96.164
201806 69.858 104.875 88.063
201809 71.935 105.679 89.992
201812 75.638 105.912 94.416
201903 79.218 105.886 98.909
201906 73.449 106.742 90.971
201909 74.374 107.214 91.711
201912 78.519 107.766 96.326
202003 64.141 106.563 79.575
202006 59.406 107.498 73.060
202009 69.103 107.635 84.877
202012 65.074 108.296 79.441
202103 68.571 108.360 83.661
202106 74.566 108.928 90.501
202109 60.877 110.338 72.942
202112 65.721 112.486 77.242
202203 64.285 114.825 74.015
202206 75.100 118.384 83.868
202209 74.644 122.296 80.692
202212 60.894 126.365 63.708
202303 59.049 127.042 61.449
202306 63.619 129.407 64.995
202309 61.805 130.224 62.746
202312 41.729 131.912 41.822
202403 40.662 132.205 40.662

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.


Electrolux AB  (LTS:0MDT) 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.


Electrolux AB Cyclically Adjusted PB Ratio Related Terms

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


Electrolux AB (LTS:0MDT) Business Description

Address
Street Goransgatan 143, Stadshagen, Stockholm, SWE, SE-105 45
Electrolux AB is a Sweden-based company that is principally engaged in manufacturing home appliances and appliances for professional use. Its products are categorized into kitchen products, laundry products, small appliances, professional kitchen products, professional laundry products, and adjacent products, with kitchen products accounting for more than half of total revenue. The company's brands include Electrolux, AEG, Zanussi, Frigidaire, and Electrolux Grand Cuisine. The company has a business presence, including North America, Europe, Latin America, Africa, the Middle East, and Asia, with North America and Europe jointly contributing over half of the total revenue.

Electrolux AB (LTS:0MDT) Headlines

No Headlines