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Epiroc AB (LTS:0YSU) Cyclically Adjusted PB Ratio : 8.86 (As of May. 01, 2025)


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What is Epiroc AB Cyclically Adjusted PB Ratio?

As of today (2025-05-01), Epiroc AB's current share price is kr206.59848. Epiroc AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was kr23.33. Epiroc AB's Cyclically Adjusted PB Ratio for today is 8.86.

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

LTS:0YSU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.22   Med: 9.07   Max: 9.37
Current: 8.95

During the past 10 years, Epiroc AB's highest Cyclically Adjusted PB Ratio was 9.37. The lowest was 8.22. And the median was 9.07.

LTS:0YSU's Cyclically Adjusted PB Ratio is ranked worse than
96.89% of 161 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.53 vs LTS:0YSU: 8.95

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.

Epiroc AB's adjusted book value per share data of for the fiscal year that ended in Dec24 was kr35.384. 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 kr23.33 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Epiroc AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Epiroc 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.

Epiroc AB Cyclically Adjusted PB Ratio Chart

Epiroc AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.25

Epiroc AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 8.25 -

Competitive Comparison of Epiroc AB's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Epiroc 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.


Epiroc AB's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Epiroc 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=206.59848/23.33
=8.86

* 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.

Epiroc AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Epiroc AB's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=35.384/132.9872*132.9872
=35.384

Current CPI (Dec24) = 132.9872.

Epiroc AB Annual Data

Book Value per Share CPI Adj_Book
201512 12.236 100.276 16.228
201612 13.043 102.022 17.002
201712 9.921 103.793 12.712
201812 15.667 105.912 19.672
201912 18.921 107.766 23.349
202012 19.647 108.296 24.127
202112 21.330 112.486 25.218
202212 27.390 126.365 28.825
202312 30.508 131.912 30.757
202412 35.384 132.987 35.384

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.


Epiroc AB  (LTS:0YSU) 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.


Epiroc AB Cyclically Adjusted PB Ratio Related Terms

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


Epiroc AB Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-131 54
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on Nasdaq Stockholm in 2018.

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