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Rolling Optics Holding AB (LTS:0RVF) Cyclically Adjusted PB Ratio : 0.04 (As of Jun. 23, 2024)


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What is Rolling Optics Holding AB Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Rolling Optics Holding AB's current share price is kr2.21769. Rolling Optics Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr53.08. Rolling Optics Holding AB's Cyclically Adjusted PB Ratio for today is 0.04.

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

LTS:0RVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.32
Current: 0.04

During the past years, Rolling Optics Holding AB's highest Cyclically Adjusted PB Ratio was 0.32. The lowest was 0.01. And the median was 0.08.

LTS:0RVF's Cyclically Adjusted PB Ratio is ranked better than
99.58% of 1902 companies
in the Hardware industry
Industry Median: 1.665 vs LTS:0RVF: 0.04

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.

Rolling Optics Holding AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr0.309. 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 kr53.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rolling Optics Holding AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rolling Optics Holding 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.

Rolling Optics Holding AB Cyclically Adjusted PB Ratio Chart

Rolling Optics Holding 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 0.15 0.11 0.03 0.01 0.03

Rolling Optics Holding 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 0.03 0.05 0.03 0.03 0.04

Competitive Comparison of Rolling Optics Holding AB's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Rolling Optics Holding 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.


Rolling Optics Holding AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rolling Optics Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rolling Optics Holding 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.

Rolling Optics Holding AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.21769/53.08
=0.04

* 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.

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

For example, Rolling Optics Holding 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)
=0.309/132.2054*132.2054
=0.309

Current CPI (Mar. 2024) = 132.2054.

Rolling Optics Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.823 100.432 55.054
201409 40.800 100.161 53.853
201412 40.253 100.225 53.097
201503 41.363 99.950 54.711
201506 41.264 99.995 54.556
201509 41.016 100.228 54.102
201512 41.270 100.276 54.411
201603 42.562 100.751 55.850
201606 42.160 101.019 55.175
201609 29.851 101.138 39.021
201612 33.373 102.022 43.247
201703 33.737 102.022 43.718
201706 32.622 102.752 41.973
201709 28.205 103.279 36.105
201712 27.669 103.793 35.243
201803 16.844 103.962 21.420
201806 12.141 104.875 15.305
201809 11.935 105.679 14.931
201812 8.783 105.912 10.963
201903 9.310 105.886 11.624
201906 9.433 106.742 11.683
201909 10.128 107.214 12.489
201912 1.489 107.766 1.827
202003 10.166 106.563 12.612
202006 0.564 107.498 0.694
202009 0.542 107.635 0.666
202012 0.640 108.296 0.781
202103 0.654 108.360 0.798
202106 0.634 108.928 0.769
202109 0.614 110.338 0.736
202112 0.568 112.486 0.668
202203 0.592 114.825 0.682
202206 0.522 118.384 0.583
202209 0.499 122.296 0.539
202212 0.486 126.365 0.508
202303 0.464 127.042 0.483
202306 0.251 129.407 0.256
202309 0.241 130.224 0.245
202312 0.325 131.912 0.326
202403 0.309 132.205 0.309

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.


Rolling Optics Holding AB  (LTS:0RVF) 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.


Rolling Optics Holding AB Cyclically Adjusted PB Ratio Related Terms

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


Rolling Optics Holding AB (LTS:0RVF) Business Description

Traded in Other Exchanges
Address
Strandvag 3, Solna, Stockholm, SWE, 171 54
Rolling Optics Holding AB is engaged in the business of supplying micro optical security materials and anti-counterfeit solutions for brand protection. The company operates in two areas - Brand Security, which protects companies and brands from counterfeits and High Security, which includes bank notes, ID cards and passports.

Rolling Optics Holding AB (LTS:0RVF) Headlines

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