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Briox AB (NGM:BRIX) Cyclically Adjusted PB Ratio : 1.25 (As of Jun. 19, 2024)


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What is Briox AB Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Briox AB's current share price is kr2.04. Briox AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.63. Briox AB's Cyclically Adjusted PB Ratio for today is 1.25.

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

NGM:BRIX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.91   Max: 3.06
Current: 1.25

During the past years, Briox AB's highest Cyclically Adjusted PB Ratio was 3.06. The lowest was 1.14. And the median was 1.91.

NGM:BRIX's Cyclically Adjusted PB Ratio is ranked better than
73.26% of 1425 companies
in the Software industry
Industry Median: 2.5 vs NGM:BRIX: 1.25

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.

Briox AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr0.552. 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 kr1.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Briox AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Briox 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.

Briox AB Cyclically Adjusted PB Ratio Chart

Briox 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 - - 2.39 2.06 1.38

Briox 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 1.66 1.36 1.59 1.38 1.59

Competitive Comparison of Briox AB's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Briox 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.


Briox AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Briox AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Briox 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.04/1.63
=1.25

* 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.

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

For example, Briox 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)
=0.552/132.2054*132.2054
=0.552

Current CPI (Mar. 2024) = 132.2054.

Briox AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.644 100.432 6.113
201409 3.620 100.161 4.778
201412 3.921 100.225 5.172
201503 3.399 99.950 4.496
201506 2.791 99.995 3.690
201509 2.317 100.228 3.056
201512 1.608 100.276 2.120
201603 2.031 100.751 2.665
201606 1.188 101.019 1.555
201609 1.157 101.138 1.512
201612 0.780 102.022 1.011
201703 0.412 102.022 0.534
201706 1.035 102.752 1.332
201709 0.962 103.279 1.231
201712 0.781 103.793 0.995
201803 0.631 103.962 0.802
201806 1.340 104.875 1.689
201809 0.911 105.679 1.140
201812 0.794 105.912 0.991
201903 0.616 105.886 0.769
201906 1.291 106.742 1.599
201909 1.151 107.214 1.419
201912 0.982 107.766 1.205
202003 0.813 106.563 1.009
202006 0.651 107.498 0.801
202009 0.524 107.635 0.644
202012 0.363 108.296 0.443
202103 0.265 108.360 0.323
202106 1.118 108.928 1.357
202109 1.006 110.338 1.205
202112 0.923 112.486 1.085
202203 0.805 114.825 0.927
202206 1.271 118.384 1.419
202209 1.171 122.296 1.266
202212 1.074 126.365 1.124
202303 0.980 127.042 1.020
202306 0.876 129.407 0.895
202309 0.771 130.224 0.783
202312 0.656 131.912 0.657
202403 0.552 132.205 0.552

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.


Briox AB  (NGM:BRIX) 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.


Briox AB Cyclically Adjusted PB Ratio Related Terms

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


Briox AB (NGM:BRIX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Briox AB (NGM:BRIX) » Definitions » Cyclically Adjusted PB Ratio
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Address
Sodra Jarnvagsgatan 4A, Vaxjo, SWE, 352 29
Briox AB is a SaaS company. The company offers solutions to manage the smallest businesses finances. The solutions are being sold online and through Accounting Agencies and Accountants. Briox software connects the Accountant with the business owner, and the customers are to be found within multiple industries with a focus on the service segment. Its software is available in Finland, Estonia, Latvia and Lithuania.

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