GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Orell Fussli AG (LTS:0QME) » Definitions » Cyclically Adjusted PB Ratio

Orell Fussli AG (LTS:0QME) Cyclically Adjusted PB Ratio : 1.11 (As of Jun. 08, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Orell Fussli AG Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Orell Fussli AG's current share price is CHF80.40. Orell Fussli AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF72.27. Orell Fussli AG's Cyclically Adjusted PB Ratio for today is 1.11.

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

LTS:0QME' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.31   Max: 1.77
Current: 1.06

During the past 13 years, Orell Fussli AG's highest Cyclically Adjusted PB Ratio was 1.77. The lowest was 0.97. And the median was 1.31.

LTS:0QME's Cyclically Adjusted PB Ratio is ranked better than
64.22% of 682 companies
in the Business Services industry
Industry Median: 1.59 vs LTS:0QME: 1.06

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.

Orell Fussli AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF63.161. 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 CHF72.27 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orell Fussli AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Orell Fussli AG'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.

Orell Fussli AG Cyclically Adjusted PB Ratio Chart

Orell Fussli AG 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 1.34 1.48 1.25 1.14 1.03

Orell Fussli AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.25 - 1.14 - 1.03

Competitive Comparison of Orell Fussli AG's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Orell Fussli AG'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.


Orell Fussli AG's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Orell Fussli AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Orell Fussli AG's Cyclically Adjusted PB Ratio falls into.



Orell Fussli AG 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.

Orell Fussli AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.40/72.27
=1.11

* 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.

Orell Fussli AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Orell Fussli AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=63.161/106.4612*106.4612
=63.161

Current CPI (Dec23) = 106.4612.

Orell Fussli AG Annual Data

Book Value per Share CPI Adj_Book
201412 67.206 100.704 71.048
201512 73.435 99.386 78.663
201612 74.783 99.380 80.112
201712 74.236 100.213 78.865
201812 72.290 100.906 76.270
201912 70.555 101.063 74.323
202012 69.151 100.241 73.442
202112 64.328 101.776 67.290
202212 62.359 104.666 63.428
202312 63.161 106.461 63.161

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.


Orell Fussli AG  (LTS:0QME) 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.


Orell Fussli AG Cyclically Adjusted PB Ratio Related Terms

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


Orell Fussli AG (LTS:0QME) Business Description

Traded in Other Exchanges
Address
Dietzingerstrasse 3, Zurich, CHE, CH-8036
Orell Fussli AG is a diversified industrial and trading group engaged in the core businesses of banknote and security printing, industrial systems used in the individualization of security documents and branded products, bookstore and Rest business area. In its banknote and security printing operations, it produces banknotes, identity documents, and securities, and is noted for applications of printing processes and technologies. The industrial systems business unit manufactures industrial systems for the digital printing and encoding of banknotes, passports and security documents, plastic cards, labels, and packaging. The geographic presence in Switzerland, Germany, Rest of Europe and Africa, North and South America and Asia and Oceania. Majority of its revenue derive from Switzerland.

Orell Fussli AG (LTS:0QME) Headlines

No Headlines