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Fabege AB (LTS:0XPX) Cyclically Adjusted PB Ratio : 0.77 (As of Jun. 07, 2024)


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What is Fabege AB Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Fabege AB's current share price is kr91.875. Fabege AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr118.76. Fabege AB's Cyclically Adjusted PB Ratio for today is 0.77.

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

LTS:0XPX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.84   Max: 3.04
Current: 0.75

During the past years, Fabege AB's highest Cyclically Adjusted PB Ratio was 3.04. The lowest was 0.69. And the median was 1.84.

LTS:0XPX's Cyclically Adjusted PB Ratio is ranked worse than
51.81% of 1382 companies
in the Real Estate industry
Industry Median: 0.705 vs LTS:0XPX: 0.75

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.

Fabege AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr122.530. 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 kr118.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fabege AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fabege 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.

Fabege AB Cyclically Adjusted PB Ratio Chart

Fabege 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 2.58 1.86 1.85 0.86 0.93

Fabege 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 0.75 0.70 0.77 0.93 0.84

Competitive Comparison of Fabege AB's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Fabege 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.


Fabege AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fabege AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fabege 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=91.875/118.76
=0.77

* 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.

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

For example, Fabege 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)
=122.53/132.2054*132.2054
=122.530

Current CPI (Mar. 2024) = 132.2054.

Fabege AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.146 100.432 50.214
201409 38.947 100.161 51.407
201412 41.668 100.225 54.964
201503 42.176 99.950 55.787
201506 44.682 99.995 59.075
201509 46.251 100.228 61.007
201512 49.818 100.276 65.681
201603 54.852 100.751 71.977
201606 56.321 101.019 73.708
201609 61.206 101.138 80.008
201612 69.538 102.022 90.111
201703 70.369 102.022 91.188
201706 73.752 102.752 94.892
201709 80.406 103.279 102.926
201712 84.518 103.793 107.654
201803 92.360 103.962 117.452
201806 97.913 104.875 123.430
201809 101.133 105.679 126.519
201812 105.547 105.912 131.750
201903 108.987 105.886 136.077
201906 111.260 106.742 137.802
201909 113.615 107.214 140.099
201912 120.904 107.766 148.323
202003 125.709 106.563 155.959
202006 125.663 107.498 154.546
202009 124.218 107.635 152.574
202012 127.349 108.296 155.465
202103 126.489 108.360 154.325
202106 130.159 108.928 157.974
202109 133.563 110.338 160.033
202112 140.584 112.486 165.229
202203 145.302 114.825 167.295
202206 150.511 118.384 168.084
202209 153.323 122.296 165.746
202212 144.683 126.365 151.370
202303 137.248 127.042 142.827
202306 134.225 129.407 137.128
202309 131.071 130.224 133.066
202312 124.748 131.912 125.026
202403 122.530 132.205 122.530

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.


Fabege AB  (LTS:0XPX) 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.


Fabege AB Cyclically Adjusted PB Ratio Related Terms

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


Fabege AB (LTS:0XPX) Business Description

Industry
Traded in Other Exchanges
Address
Gardsvagen 6, Box 730, Solna, Stockholm, SWE, SE-169 27
Fabege AB is a real estate company that focuses on commercial properties. Fabege works to develop modern offices, housing, and a broad range of services with strategic partners. The company reports three core segments: Property management, which rents properties to long-term tenants; Property development, which improves and redesigns properties according to tenant requirements; and Business Development/Transactions, which includes the acquisition and sale of properties. The majority is from the Property Management segment. Fabege generates all its revenue in Stockholm, Solna, and surrounding areas in Sweden.

Fabege AB (LTS:0XPX) Headlines

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