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Nolato AB (Nolato AB) Cyclically Adjusted PB Ratio : 3.21 (As of May. 16, 2024)


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What is Nolato AB Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Nolato AB's current share price is $5.00. Nolato AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.56. Nolato AB's Cyclically Adjusted PB Ratio for today is 3.21.

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

NLTBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.23   Med: 8.2   Max: 13.93
Current: 4.42

During the past years, Nolato AB's highest Cyclically Adjusted PB Ratio was 13.93. The lowest was 3.23. And the median was 8.20.

NLTBF's Cyclically Adjusted PB Ratio is ranked worse than
91.29% of 425 companies
in the Conglomerates industry
Industry Median: 0.96 vs NLTBF: 4.42

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.

Nolato AB's adjusted book value per share data for the three months ended in Mar. 2024 was $1.975. 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 $1.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nolato AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nolato 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.

Nolato AB Cyclically Adjusted PB Ratio Chart

Nolato 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 8.08 10.79 11.72 4.72 3.95

Nolato 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 4.38 4.03 3.45 3.95 3.48

Competitive Comparison of Nolato AB's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Nolato 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.


Nolato AB's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nolato AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nolato 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.00/1.56
=3.21

* 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.

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

For example, Nolato 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)
=1.975/132.2054*132.2054
=1.975

Current CPI (Mar. 2024) = 132.2054.

Nolato AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.740 100.432 0.974
201409 0.747 100.161 0.986
201412 0.781 100.225 1.030
201503 0.755 99.950 0.999
201506 0.726 99.995 0.960
201509 0.766 100.228 1.010
201512 0.787 100.276 1.038
201603 0.834 100.751 1.094
201606 0.757 101.019 0.991
201609 0.776 101.138 1.014
201612 0.764 102.022 0.990
201703 0.834 102.022 1.081
201706 0.795 102.752 1.023
201709 0.925 103.279 1.184
201712 0.978 103.793 1.246
201803 1.113 103.962 1.415
201806 0.994 104.875 1.253
201809 1.030 105.679 1.289
201812 1.091 105.912 1.362
201903 1.138 105.886 1.421
201906 1.046 106.742 1.296
201909 1.102 107.214 1.359
201912 1.184 107.766 1.453
202003 1.232 106.563 1.528
202006 1.355 107.498 1.666
202009 1.543 107.635 1.895
202012 1.654 108.296 2.019
202103 1.762 108.360 2.150
202106 1.750 108.928 2.124
202109 1.839 110.338 2.203
202112 1.947 112.486 2.288
202203 1.944 114.825 2.238
202206 1.849 118.384 2.065
202209 1.837 122.296 1.986
202212 1.929 126.365 2.018
202303 1.961 127.042 2.041
202306 1.844 129.407 1.884
202309 1.802 130.224 1.829
202312 1.871 131.912 1.875
202403 1.975 132.205 1.975

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.


Nolato AB  (OTCPK:NLTBF) 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.


Nolato AB Cyclically Adjusted PB Ratio Related Terms

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Nolato AB (Nolato AB) Business Description

Industry
Traded in Other Exchanges
Address
Nolatovagen 32, Torekov, SWE, SE-269 78
Nolato AB is a Swedish company that develops and manufactures plastic, silicone, and thermoplastic elastomer products. The firm's operations are organized into three segments based on end market: Medical, which develops complex product systems, components, and packaging solutions for pharmaceuticals and supplements; Integrated, which develops subsystems for mobile phones; and Industrial, which develops systems for the automotive, hygiene, packaging, and furniture industries. Roughly a third of the firm's revenue is generated in the Rest of Europe.

Nolato AB (Nolato AB) Headlines