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Copenhagen Capital AS (OCSE:CPHCAP ST) Cyclically Adjusted PB Ratio : 1.01 (As of Jun. 27, 2025)


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What is Copenhagen Capital AS Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Copenhagen Capital AS's current share price is kr6.35. Copenhagen Capital AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was kr6.26. Copenhagen Capital AS's Cyclically Adjusted PB Ratio for today is 1.01.

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

OCSE:CPHCAP ST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.94   Max: 2.18
Current: 0.97

During the past 13 years, Copenhagen Capital AS's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.18. And the median was 0.94.

OCSE:CPHCAP ST's Cyclically Adjusted PB Ratio is ranked worse than
61.59% of 1411 companies
in the Real Estate industry
Industry Median: 0.7 vs OCSE:CPHCAP ST: 0.97

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.

Copenhagen Capital AS's adjusted book value per share data of for the fiscal year that ended in Dec24 was kr9.169. 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 kr6.26 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Copenhagen Capital AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Copenhagen Capital AS'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.

Copenhagen Capital AS Cyclically Adjusted PB Ratio Chart

Copenhagen Capital AS 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 0.66 1.50 1.42 1.00 0.81

Copenhagen Capital AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1.42 - 1.00 - 0.81

Competitive Comparison of Copenhagen Capital AS's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Copenhagen Capital AS'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.


Copenhagen Capital AS's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Copenhagen Capital AS's Cyclically Adjusted PB Ratio falls into.


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Copenhagen Capital AS 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.

Copenhagen Capital AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.35/6.26
=1.01

* 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.

Copenhagen Capital AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Copenhagen Capital AS'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)
=9.169/118.9000*118.9000
=9.169

Current CPI (Dec24) = 118.9000.

Copenhagen Capital AS Annual Data

Book Value per Share CPI Adj_Book
201512 1.423 99.800 1.695
201612 1.910 100.300 2.264
201712 2.684 101.300 3.150
201812 3.506 102.100 4.083
201912 5.120 102.900 5.916
202012 5.723 103.400 6.581
202112 8.589 106.600 9.580
202212 10.424 115.900 10.694
202312 9.305 116.700 9.480
202412 9.169 118.900 9.169

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.


Copenhagen Capital AS  (OCSE:CPHCAP ST) 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.


Copenhagen Capital AS Cyclically Adjusted PB Ratio Related Terms

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


Copenhagen Capital AS Business Description

Traded in Other Exchanges
N/A
Address
Niels Hemmingsens Gade 4, København, DNK, 1153
Copenhagen Capital AS is an investment company. The Company invests in real estate and make direct and indirect investments based on analyzes of the properties options, location and condition. It also invests in leasing of housing and housing commercial real estate in Copenhagen.

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