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SAS AB (OCSE:SAS DKK) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 07, 2024)


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What is SAS AB Cyclically Adjusted PB Ratio?

As of today (2024-06-07), SAS AB's current share price is kr0.0208. SAS AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was kr2.13. SAS AB's Cyclically Adjusted PB Ratio for today is 0.01.

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

OCSE:SAS DKK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.32   Max: 0.84
Current: 0.01

During the past years, SAS AB's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.01. And the median was 0.32.

OCSE:SAS DKK's Cyclically Adjusted PB Ratio is ranked better than
99.86% of 722 companies
in the Transportation industry
Industry Median: 1.255 vs OCSE:SAS DKK: 0.01

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.

SAS AB's adjusted book value per share data for the three months ended in Apr. 2024 was kr-1.014. 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 kr2.13 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAS AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SAS 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.

SAS AB Cyclically Adjusted PB Ratio Chart

SAS AB Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.26 0.31 0.15 0.01

SAS AB Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.07 0.11 0.01 - 0.01

Competitive Comparison of SAS AB's Cyclically Adjusted PB Ratio

For the Airlines subindustry, SAS 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.


SAS AB's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



SAS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0208/2.13
=0.01

* 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.

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

For example, SAS AB's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-1.014/132.2054*132.2054
=-1.014

Current CPI (Apr. 2024) = 132.2054.

SAS AB Quarterly Data

Book Value per Share CPI Adj_Book
201407 4.015 100.104 5.303
201410 3.253 100.215 4.291
201501 2.857 99.172 3.809
201504 2.881 99.941 3.811
201507 4.097 100.027 5.415
201510 4.158 100.301 5.481
201601 3.202 99.931 4.236
201604 3.102 100.732 4.071
201607 3.317 101.080 4.338
201610 3.783 101.485 4.928
201701 3.936 101.326 5.136
201704 3.369 102.615 4.340
201707 4.272 103.301 5.467
201710 5.115 103.202 6.552
201801 4.842 102.925 6.219
201804 3.047 104.390 3.859
201807 3.465 105.420 4.345
201810 3.693 105.545 4.626
201901 2.442 104.855 3.079
201904 1.696 106.627 2.103
201907 1.536 107.166 1.895
201910 2.628 107.243 3.240
202001 2.220 106.215 2.763
202004 -0.032 106.240 -0.040
202007 -0.698 107.731 -0.857
202010 0.988 107.539 1.215
202101 0.965 107.897 1.182
202104 0.841 108.624 1.024
202107 0.704 109.218 0.852
202110 0.654 110.562 0.782
202201 0.376 111.876 0.444
202204 0.215 115.534 0.246
202207 0.132 118.489 0.147
202210 0.071 122.561 0.077
202301 -0.231 124.942 -0.244
202304 -0.458 127.632 -0.474
202307 -0.383 129.464 -0.391
202310 -0.539 130.549 -0.546
202401 -0.757 131.720 -0.760
202404 -1.014 132.205 -1.014

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.


SAS AB  (OCSE:SAS DKK) 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.


SAS AB Cyclically Adjusted PB Ratio Related Terms

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


SAS AB (OCSE:SAS DKK) Business Description

Industry
Traded in Other Exchanges
Address
Frosundaviks Alle 1, Solna, Stockholm, SWE, SE-195 87
SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.

SAS AB (OCSE:SAS DKK) Headlines

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