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Marimekko Oyj (Marimekko Oyj) Cyclically Adjusted PB Ratio : 12.34 (As of Jun. 22, 2024)


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What is Marimekko Oyj Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Marimekko Oyj's current share price is $14.435. Marimekko Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.17. Marimekko Oyj's Cyclically Adjusted PB Ratio for today is 12.34.

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

MKKOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.49   Med: 8.77   Max: 20.88
Current: 11.94

During the past years, Marimekko Oyj's highest Cyclically Adjusted PB Ratio was 20.88. The lowest was 2.49. And the median was 8.77.

MKKOF's Cyclically Adjusted PB Ratio is ranked worse than
95.84% of 866 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.05 vs MKKOF: 11.94

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.

Marimekko Oyj's adjusted book value per share data for the three months ended in Mar. 2024 was $1.868. 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 $1.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marimekko Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marimekko Oyj'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.

Marimekko Oyj Cyclically Adjusted PB Ratio Chart

Marimekko Oyj 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 9.14 11.28 18.94 8.54 11.88

Marimekko Oyj 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 9.20 8.41 9.54 11.88 10.76

Competitive Comparison of Marimekko Oyj's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Marimekko Oyj'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.


Marimekko Oyj's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Marimekko Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marimekko Oyj 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.

Marimekko Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.435/1.17
=12.34

* 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.

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

For example, Marimekko Oyj'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)
=1.868/122.3600*122.3600
=1.868

Current CPI (Mar. 2024) = 122.3600.

Marimekko Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.800 100.147 0.977
201409 0.881 100.726 1.070
201412 0.885 100.229 1.080
201503 0.750 100.120 0.917
201506 0.703 100.030 0.860
201509 0.721 100.130 0.881
201512 0.731 99.990 0.895
201603 0.720 100.080 0.880
201606 0.661 100.390 0.806
201609 0.742 100.540 0.903
201612 0.738 101.020 0.894
201703 0.764 100.910 0.926
201706 0.717 101.140 0.867
201709 0.859 101.320 1.037
201712 0.897 101.510 1.081
201803 0.955 101.730 1.149
201806 0.994 102.320 1.189
201809 1.129 102.600 1.346
201812 1.128 102.710 1.344
201903 1.200 102.870 1.427
201906 0.848 103.360 1.004
201909 0.997 103.540 1.178
201912 1.067 103.650 1.260
202003 1.067 103.490 1.262
202006 1.146 103.320 1.357
202009 1.434 103.710 1.692
202012 1.584 103.890 1.866
202103 1.462 104.870 1.706
202106 1.604 105.360 1.863
202109 1.871 106.290 2.154
202112 1.944 107.490 2.213
202203 1.824 110.950 2.012
202206 1.114 113.570 1.200
202209 1.259 114.920 1.341
202212 1.447 117.320 1.509
202303 1.531 119.750 1.564
202306 1.313 120.690 1.331
202309 1.565 121.280 1.579
202312 1.767 121.540 1.779
202403 1.868 122.360 1.868

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.


Marimekko Oyj  (OTCPK:MKKOF) 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.


Marimekko Oyj Cyclically Adjusted PB Ratio Related Terms

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Marimekko Oyj (Marimekko Oyj) Business Description

Traded in Other Exchanges
Address
Puusepankatu 4, Helsinki, FIN, 00880
Marimekko Oyj is a Finnish design company. It designs and manufactures apparel and accessories. The company's products portfolio includes clothing, bags, and accessories including shoes, socks, and tights, jewellery, scarves, belts, and umbrellas as well as home decor items ranging from textiles to tableware.

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