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OEM International AB (LTS:0QTY) Cyclically Adjusted PB Ratio : 13.16 (As of May. 20, 2024)


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What is OEM International AB Cyclically Adjusted PB Ratio?

As of today (2024-05-20), OEM International AB's current share price is kr119.40. OEM International AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr9.07. OEM International AB's Cyclically Adjusted PB Ratio for today is 13.16.

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

LTS:0QTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.52   Med: 8.71   Max: 16.47
Current: 12.53

During the past years, OEM International AB's highest Cyclically Adjusted PB Ratio was 16.47. The lowest was 5.52. And the median was 8.71.

LTS:0QTY's Cyclically Adjusted PB Ratio is ranked worse than
95.93% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs LTS:0QTY: 12.53

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.

OEM International AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr15.760. 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 kr9.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OEM International AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OEM International 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.

OEM International AB Cyclically Adjusted PB Ratio Chart

OEM International 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 7.56 8.85 14.24 9.25 11.89

OEM International 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 11.43 11.76 8.63 11.89 11.55

Competitive Comparison of OEM International AB's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, OEM International 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.


OEM International AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, OEM International AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



OEM International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=119.40/9.07
=13.16

* 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.

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

For example, OEM International 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)
=15.76/132.2054*132.2054
=15.760

Current CPI (Mar. 2024) = 132.2054.

OEM International AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.404 100.432 4.481
201409 3.686 100.161 4.865
201412 3.981 100.225 5.251
201503 4.292 99.950 5.677
201506 3.852 99.995 5.093
201509 4.191 100.228 5.528
201512 4.487 100.276 5.916
201603 4.789 100.751 6.284
201606 4.320 101.019 5.654
201609 4.703 101.138 6.148
201612 5.117 102.022 6.631
201703 5.518 102.022 7.151
201706 4.984 102.752 6.413
201709 5.316 103.279 6.805
201712 5.797 103.793 7.384
201803 6.333 103.962 8.054
201806 5.848 104.875 7.372
201809 6.316 105.679 7.901
201812 6.679 105.912 8.337
201903 7.285 105.886 9.096
201906 6.686 106.742 8.281
201909 7.278 107.214 8.975
201912 7.692 107.766 9.436
202003 8.432 106.563 10.461
202006 8.799 107.498 10.821
202009 9.405 107.635 11.552
202012 9.852 108.296 12.027
202103 10.704 108.360 13.060
202106 8.201 108.928 9.954
202109 9.081 110.338 10.881
202112 9.909 112.486 11.646
202203 11.007 114.825 12.673
202206 9.312 118.384 10.399
202209 10.350 122.296 11.189
202212 11.465 126.365 11.995
202303 12.802 127.042 13.322
202306 12.766 129.407 13.042
202309 13.646 130.224 13.854
202312 14.362 131.912 14.394
202403 15.760 132.205 15.760

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.


OEM International AB  (LTS:0QTY) 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.


OEM International AB Cyclically Adjusted PB Ratio Related Terms

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


OEM International AB (LTS:0QTY) Business Description

Traded in Other Exchanges
Address
Forradsvagen 2, Box 1009, Tranas, SWE, SE-573 28
OEM International AB is a leading technology trading group in Europe. It acts as a link between its customers and manufacturers of products and systems for industrial applications. It offers various industrial components and systems from various suppliers, including electrical components, flow components, motors and transmissions, bearings, seals, and couplings, as well as appliance components, lighting, and complete production systems. Geographic areas of operations include Sweden, Denmark, United Kingdom, Finland, Hungary, China and other countries.

OEM International AB (LTS:0QTY) Headlines

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