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Aasen Sparebank (OSL:AASB) Cyclically Adjusted PB Ratio : 0.25 (As of Jun. 23, 2025)


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What is Aasen Sparebank Cyclically Adjusted PB Ratio?

As of today (2025-06-23), Aasen Sparebank's current share price is kr124.98. Aasen Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr490.30. Aasen Sparebank's Cyclically Adjusted PB Ratio for today is 0.25.

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

OSL:AASB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.25   Max: 0.27
Current: 0.25

During the past years, Aasen Sparebank's highest Cyclically Adjusted PB Ratio was 0.27. The lowest was 0.24. And the median was 0.25.

OSL:AASB's Cyclically Adjusted PB Ratio is ranked better than
94.55% of 1285 companies
in the Banks industry
Industry Median: 1.01 vs OSL:AASB: 0.25

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.

Aasen Sparebank's adjusted book value per share data for the three months ended in Mar. 2025 was kr477.231. 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 kr490.30 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aasen Sparebank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aasen Sparebank'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.

Aasen Sparebank Cyclically Adjusted PB Ratio Chart

Aasen Sparebank 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 - - - - 0.26

Aasen Sparebank 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 - - - 0.26 0.24

Competitive Comparison of Aasen Sparebank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Aasen Sparebank'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.


Aasen Sparebank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Aasen Sparebank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Aasen Sparebank 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.

Aasen Sparebank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=124.98/490.30
=0.25

* 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.

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

For example, Aasen Sparebank'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)
=477.231/136.1000*136.1000
=477.231

Current CPI (Mar. 2025) = 136.1000.

Aasen Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 100.100 0.000
201509 0.000 100.600 0.000
201512 298.934 100.900 403.220
201603 304.275 102.500 404.018
201606 317.923 103.800 416.853
201609 326.444 104.200 426.382
201612 375.830 104.400 489.947
201703 317.656 105.000 411.743
201706 344.301 105.800 442.905
201709 349.558 105.900 449.243
201712 351.025 106.100 450.278
201803 356.575 107.300 452.282
201806 370.477 108.500 464.718
201809 374.142 109.500 465.029
201812 375.157 109.800 465.017
201903 382.635 110.400 471.709
201906 393.299 110.600 483.978
201909 403.695 111.100 494.535
201912 404.798 111.300 494.996
202003 453.870 111.200 555.501
202006 468.185 112.100 568.421
202009 471.914 112.900 568.888
202012 491.961 112.900 593.055
202103 493.851 114.600 586.502
202106 504.001 115.300 594.922
202109 512.254 117.500 593.343
202112 523.835 118.900 599.613
202203 522.159 119.800 593.204
202206 534.699 122.600 593.577
202209 546.246 125.600 591.911
202212 396.194 125.900 428.292
202303 397.205 127.600 423.665
202306 409.882 130.400 427.799
202309 420.604 129.800 441.019
202312 429.154 131.900 442.819
202403 428.038 132.600 439.336
202406 458.013 133.800 465.886
202409 468.317 133.700 476.724
202412 478.292 134.800 482.905
202503 477.231 136.100 477.231

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.


Aasen Sparebank  (OSL:AASB) 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.


Aasen Sparebank Cyclically Adjusted PB Ratio Related Terms

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


Aasen Sparebank Business Description

Industry
Traded in Other Exchanges
N/A
Address
Stasjonsvegen 1, P.O. Box 33, Asen, NOR, 7631
Aasen Sparebank is a local savings bank. It offers a full-service concept for banking and financial services, both for private and agricultural customers, as well as for small and medium-sized businesses. The company's services include Mortgage, Car loans, Loans and refinancing, Insurance, Online and Mobile Banking, Deposits and others.

Aasen Sparebank Headlines

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