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Aurskog Sparebank (OSL:AURG) Cyclically Adjusted PB Ratio : 0.55 (As of Sep. 26, 2024)


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What is Aurskog Sparebank Cyclically Adjusted PB Ratio?

As of today (2024-09-26), Aurskog Sparebank's current share price is kr231.00. Aurskog Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was kr423.68. Aurskog Sparebank's Cyclically Adjusted PB Ratio for today is 0.55.

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

OSL:AURG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.53   Max: 0.57
Current: 0.55

During the past years, Aurskog Sparebank's highest Cyclically Adjusted PB Ratio was 0.57. The lowest was 0.44. And the median was 0.53.

OSL:AURG's Cyclically Adjusted PB Ratio is ranked better than
80.63% of 1234 companies
in the Banks industry
Industry Median: 0.97 vs OSL:AURG: 0.55

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.

Aurskog Sparebank's adjusted book value per share data for the three months ended in Jun. 2024 was kr490.957. 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 kr423.68 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurskog Sparebank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aurskog 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.

Aurskog Sparebank Cyclically Adjusted PB Ratio Chart

Aurskog Sparebank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.45 0.50 0.56 0.54

Aurskog Sparebank Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.52 0.51 0.54 0.52 0.52

Competitive Comparison of Aurskog Sparebank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Aurskog 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.


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

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

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



Aurskog 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=231.00/423.68
=0.55

* 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.

Aurskog Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Aurskog Sparebank's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=490.957/133.8000*133.8000
=490.957

Current CPI (Jun. 2024) = 133.8000.

Aurskog Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201409 309.651 98.500 420.622
201412 325.888 98.600 442.229
201503 320.916 99.200 432.848
201506 332.202 100.100 444.042
201509 336.107 100.600 447.029
201512 374.511 100.900 496.626
201603 320.372 102.500 418.203
201606 333.581 103.800 429.992
201609 342.782 104.200 440.156
201612 401.959 104.400 515.154
201703 294.403 105.000 375.154
201706 308.436 105.800 390.064
201709 312.785 105.900 395.190
201712 318.237 106.100 401.321
201803 309.647 107.300 386.121
201806 325.319 108.500 401.177
201809 331.622 109.500 405.215
201812 337.725 109.800 411.545
201903 336.006 110.400 407.225
201906 360.841 110.600 436.533
201909 411.066 111.100 495.055
201912 317.428 111.300 381.598
202003 307.828 111.200 370.390
202006 306.619 112.100 365.973
202009 306.368 112.900 363.083
202012 336.534 112.900 398.833
202103 337.002 114.600 393.463
202106 346.796 115.300 402.440
202109 359.575 117.500 409.456
202112 362.089 118.900 407.464
202203 371.637 119.800 415.067
202206 383.915 122.600 418.987
202209 394.540 125.600 420.298
202212 412.451 125.900 438.332
202303 413.138 127.600 433.212
202306 424.361 130.400 435.426
202309 434.732 129.800 448.129
202312 470.222 131.900 476.995
202403 481.285 132.600 485.641
202406 490.957 133.800 490.957

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.


Aurskog Sparebank  (OSL:AURG) 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.


Aurskog Sparebank Cyclically Adjusted PB Ratio Related Terms

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


Aurskog Sparebank Business Description

Traded in Other Exchanges
N/A
Address
Aurskog Center, Aurskog, NOR, 1930
Aurskog Sparebank operates as a local bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

Aurskog Sparebank Headlines

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