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Detection Technology (OHEL:DETEC) Cyclically Adjusted PB Ratio : 2.57 (As of Jul. 08, 2025)


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What is Detection Technology Cyclically Adjusted PB Ratio?

As of today (2025-07-08), Detection Technology's current share price is €11.25. Detection Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €4.38. Detection Technology's Cyclically Adjusted PB Ratio for today is 2.57.

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

OHEL:DETEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.42   Med: 5.99   Max: 17.71
Current: 2.57

During the past 13 years, Detection Technology's highest Cyclically Adjusted PB Ratio was 17.71. The lowest was 2.42. And the median was 5.99.

OHEL:DETEC's Cyclically Adjusted PB Ratio is ranked worse than
63.08% of 1945 companies
in the Hardware industry
Industry Median: 1.7 vs OHEL:DETEC: 2.57

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.

Detection Technology's adjusted book value per share data of for the fiscal year that ended in Dec24 was €5.620. 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 €4.38 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Detection Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Detection Technology'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.

Detection Technology Cyclically Adjusted PB Ratio Chart

Detection Technology 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 13.69 12.29 5.33 3.62 3.50

Detection Technology Quarterly Data
Sep15 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 5.33 - 3.62 - 3.50

Competitive Comparison of Detection Technology's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Detection Technology'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.


Detection Technology's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Detection Technology 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.

Detection Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.25/4.38
=2.57

* 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.

Detection Technology's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Detection Technology'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)
=5.62/122.3900*122.3900
=5.620

Current CPI (Dec24) = 122.3900.

Detection Technology Annual Data

Book Value per Share CPI Adj_Book
201512 1.629 99.990 1.994
201612 2.302 101.020 2.789
201712 2.995 101.510 3.611
201812 3.575 102.710 4.260
201912 4.059 103.650 4.793
202012 4.067 103.890 4.791
202112 5.018 107.490 5.714
202212 4.964 117.320 5.179
202312 4.968 121.540 5.003
202412 5.620 122.390 5.620

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.


Detection Technology  (OHEL:DETEC) 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.


Detection Technology Cyclically Adjusted PB Ratio Related Terms

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


Detection Technology Business Description

Traded in Other Exchanges
Address
A Grid, Otakaari 5A, Espoo, FIN, FI-02150
Detection Technology PLC is a company engaged in providing X-ray imaging subsystems, components and services for medical, security and industrial applications. The business units of the company are the Medical business unit and Security and Industrial business unit, of which prime revenue is derived from the Security Business Unit. Its security imaging offering includes X-ray imaging subsystems for security applications from baggage, parcel and cargo scanning to personnel screening and computed tomography. The company operates in Finland, APAC, Other EMEA and Americas.

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