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Kojamo Oyj (OHEL:KOJAMO) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 04, 2025)


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What is Kojamo Oyj Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Kojamo Oyj's current share price is €10.39. Kojamo Oyj's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was €13.63. Kojamo Oyj's Cyclically Adjusted PB Ratio for today is 0.76.

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

OHEL:KOJAMO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.67   Max: 0.78
Current: 0.78

During the past 10 years, Kojamo Oyj's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.61. And the median was 0.67.

OHEL:KOJAMO's Cyclically Adjusted PB Ratio is ranked worse than
55.41% of 1350 companies
in the Real Estate industry
Industry Median: 0.69 vs OHEL:KOJAMO: 0.78

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.

Kojamo Oyj's adjusted book value per share data of for the fiscal year that ended in Dec24 was €14.685. 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 €13.63 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kojamo Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kojamo Oyj'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.

Kojamo Oyj Cyclically Adjusted PB Ratio Chart

Kojamo Oyj 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 - - - - 0.69

Kojamo Oyj Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 0.69 -

Competitive Comparison of Kojamo Oyj's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Kojamo Oyj'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.


Kojamo Oyj's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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


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Kojamo Oyj 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.

Kojamo Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.39/13.63
=0.76

* 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.

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

For example, Kojamo Oyj'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)
=14.685/122.3900*122.3900
=14.685

Current CPI (Dec24) = 122.3900.

Kojamo Oyj Annual Data

Book Value per Share CPI Adj_Book
201512 7.575 99.990 9.272
201612 8.102 101.020 9.816
201712 8.248 101.510 9.945
201812 9.541 102.710 11.369
201912 12.505 103.650 14.766
202012 13.391 103.890 15.776
202112 17.250 107.490 19.641
202212 15.548 117.320 16.220
202312 14.671 121.540 14.774
202412 14.685 122.390 14.685

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.


Kojamo Oyj  (OHEL:KOJAMO) 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.


Kojamo Oyj Cyclically Adjusted PB Ratio Related Terms

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


Kojamo Oyj Business Description

Industry
Traded in Other Exchanges
Address
Mannerheimintie 168a, Helsinki, FIN, 00300
Kojamo Oyj is a real estate company. It offers sustainable rental apartments and housing services in Finnish growth centers through its brand Lumo. The company invests in developing and incorporating various digital services in its offering such as the Lumo website, allowing customers to see all available apartments and rent an apartment online; My Lumo, a service for residents in Lumo apartments to contact the property manager and maintenance, pay rent, book services; and others.

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