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SAS AB (LTS:0O1W) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 21, 2024)


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What is SAS AB Cyclically Adjusted PB Ratio?

As of today (2024-06-21), SAS AB's current share price is kr0.0281. SAS AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was kr3.20. SAS AB's Cyclically Adjusted PB Ratio for today is 0.01.

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

LTS:0O1W' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.32   Max: 0.84
Current: 0.01

During the past years, SAS AB's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.01. And the median was 0.32.

LTS:0O1W's Cyclically Adjusted PB Ratio is ranked better than
99.86% of 724 companies
in the Transportation industry
Industry Median: 1.26 vs LTS:0O1W: 0.01

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.

SAS AB's adjusted book value per share data for the three months ended in Apr. 2024 was kr-1.576. 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 kr3.20 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAS AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SAS 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.

SAS AB Cyclically Adjusted PB Ratio Chart

SAS AB Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.26 0.31 0.15 0.01

SAS AB Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.07 0.11 0.01 - 0.01

Competitive Comparison of SAS AB's Cyclically Adjusted PB Ratio

For the Airlines subindustry, SAS 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.


SAS AB's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SAS AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SAS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0281/3.2
=0.01

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-1.576/132.6011*132.6011
=-1.576

Current CPI (Apr. 2024) = 132.6011.

SAS AB Quarterly Data

Book Value per Share CPI Adj_Book
201407 4.968 100.104 6.581
201410 4.014 100.215 5.311
201501 3.617 99.172 4.836
201504 3.603 99.941 4.780
201507 5.152 100.027 6.830
201510 5.214 100.301 6.893
201601 3.982 99.931 5.284
201604 3.836 100.732 5.050
201607 4.225 101.080 5.543
201610 4.940 101.485 6.455
201701 5.036 101.326 6.590
201704 4.349 102.615 5.620
201707 5.506 103.301 7.068
201710 6.606 103.202 8.488
201801 6.382 102.925 8.222
201804 4.246 104.390 5.393
201807 4.795 105.420 6.031
201810 5.140 105.545 6.458
201901 3.359 104.855 4.248
201904 2.380 106.627 2.960
201907 2.173 107.166 2.689
201910 3.799 107.243 4.697
202001 3.135 106.215 3.914
202004 -0.046 106.240 -0.057
202007 -0.970 107.731 -1.194
202010 1.381 107.539 1.703
202101 1.309 107.897 1.609
202104 1.151 108.624 1.405
202107 0.966 109.218 1.173
202110 0.883 110.562 1.059
202201 0.523 111.876 0.620
202204 0.299 115.534 0.343
202207 0.188 118.489 0.210
202210 0.105 122.561 0.114
202301 -0.349 124.942 -0.370
202304 -0.697 127.632 -0.724
202307 -0.598 129.464 -0.612
202310 -0.841 130.549 -0.854
202401 -1.146 131.720 -1.154
202404 -1.576 132.601 -1.576

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.


SAS AB  (LTS:0O1W) 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.


SAS AB Cyclically Adjusted PB Ratio Related Terms

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


SAS AB (LTS:0O1W) Business Description

Industry
Address
Frosundaviks Alle 1, Solna, Stockholm, SWE, SE-195 87
SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.

SAS AB (LTS:0O1W) Headlines

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