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Ovaro Kiinteistosijoitus Oyj (OHEL:OVARO) Cyclically Adjusted PB Ratio : 0.33 (As of Jun. 04, 2025)


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What is Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Ovaro Kiinteistosijoitus Oyj's current share price is €2.90. Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €8.81. Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio for today is 0.33.

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

OHEL:OVARO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.33   Max: 0.44
Current: 0.34

During the past years, Ovaro Kiinteistosijoitus Oyj's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.24. And the median was 0.33.

OHEL:OVARO's Cyclically Adjusted PB Ratio is ranked better than
71.78% of 1343 companies
in the Real Estate industry
Industry Median: 0.69 vs OHEL:OVARO: 0.34

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.

Ovaro Kiinteistosijoitus Oyj's adjusted book value per share data for the three months ended in Mar. 2025 was €5.377. 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 €8.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ovaro Kiinteistosijoitus 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.

Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio Chart

Ovaro Kiinteistosijoitus 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 - 0.30 0.27 0.35 0.38

Ovaro Kiinteistosijoitus 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 0.38 0.42 0.42 0.38 0.36

Competitive Comparison of Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Ovaro Kiinteistosijoitus 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.


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

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

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


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Ovaro Kiinteistosijoitus 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.90/8.81
=0.33

* 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.

Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ovaro Kiinteistosijoitus Oyj's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.377/123.0100*123.0100
=5.377

Current CPI (Mar. 2025) = 123.0100.

Ovaro Kiinteistosijoitus Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.566 100.030 14.223
201509 11.458 100.130 14.076
201512 10.475 99.990 12.887
201603 10.477 100.080 12.877
201606 10.187 100.390 12.482
201609 10.084 100.540 12.338
201612 10.044 101.020 12.230
201703 9.971 100.910 12.155
201706 9.947 101.140 12.098
201709 9.937 101.320 12.064
201712 9.722 101.510 11.781
201803 9.548 101.730 11.545
201806 9.593 102.320 11.533
201809 9.039 102.600 10.837
201812 8.223 102.710 9.848
201903 8.144 102.870 9.738
201906 8.030 103.360 9.557
201909 8.061 103.540 9.577
201912 7.635 103.650 9.061
202003 7.594 103.490 9.026
202006 7.373 103.320 8.778
202009 7.342 103.710 8.708
202012 6.404 103.890 7.583
202103 6.325 104.870 7.419
202106 5.893 105.360 6.880
202109 5.340 106.290 6.180
202112 5.025 107.490 5.751
202203 5.024 110.950 5.570
202206 5.115 113.570 5.540
202209 5.111 114.920 5.471
202212 5.131 117.320 5.380
202303 5.103 119.750 5.242
202306 5.491 120.690 5.597
202309 5.496 121.280 5.574
202312 5.478 121.540 5.544
202403 5.493 122.360 5.522
202406 5.462 122.230 5.497
202409 5.218 122.260 5.250
202412 5.463 122.390 5.491
202503 5.377 123.010 5.377

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.


Ovaro Kiinteistosijoitus Oyj  (OHEL:OVARO) 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.


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PB Ratio Related Terms

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


Ovaro Kiinteistosijoitus Oyj Business Description

Traded in Other Exchanges
N/A
Address
Mannerheimintie 113, Helsinki, FIN, 00280
Ovaro Kiinteistosijoitus Oyj is a real estate investment company. It invests in Finnish rental apartments and other real estate sites. Its portfolio consists of apartments, business facilities, and parking lots.

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