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Magnora ASA (OSL:MGN) Cyclically Adjusted PB Ratio : 3.90 (As of Jun. 02, 2025)


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What is Magnora ASA Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Magnora ASA's current share price is kr24.55. Magnora ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was kr6.29. Magnora ASA's Cyclically Adjusted PB Ratio for today is 3.90.

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

OSL:MGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 1.99   Max: 5.09
Current: 3.9

During the past years, Magnora ASA's highest Cyclically Adjusted PB Ratio was 5.09. The lowest was 0.04. And the median was 1.99.

OSL:MGN's Cyclically Adjusted PB Ratio is ranked worse than
89.26% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.06 vs OSL:MGN: 3.90

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.

Magnora ASA's adjusted book value per share data for the three months ended in Dec. 2024 was kr6.257. 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 kr6.29 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magnora ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Magnora ASA'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.

Magnora ASA Cyclically Adjusted PB Ratio Chart

Magnora ASA 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 1.39 2.18 2.76 4.67 4.41

Magnora ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 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 5.02 4.67 3.98 3.63 4.41

Competitive Comparison of Magnora ASA's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Magnora ASA'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.


Magnora ASA's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Magnora ASA 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.

Magnora ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.55/6.29
=3.90

* 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.

Magnora ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Magnora ASA's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=6.257/134.8000*134.8000
=6.257

Current CPI (Dec. 2024) = 134.8000.

Magnora ASA Quarterly Data

Book Value per Share CPI Adj_Book
201412 14.500 98.600 19.824
201503 15.012 99.200 20.399
201506 9.047 100.100 12.183
201509 8.103 100.600 10.858
201512 8.170 100.900 10.915
201603 5.421 102.500 7.129
201606 4.336 103.800 5.631
201609 4.256 104.200 5.506
201612 3.986 104.400 5.147
201703 3.754 105.000 4.819
201706 4.247 105.800 5.411
201709 3.676 105.900 4.679
201712 3.492 106.100 4.437
201803 3.726 107.300 4.681
201806 3.724 108.500 4.627
201809 9.974 109.500 12.278
201812 2.581 109.800 3.169
201903 2.728 110.400 3.331
201906 2.782 110.600 3.391
201909 1.892 111.100 2.296
201912 2.008 111.300 2.432
202003 1.822 111.200 2.209
202006 2.054 112.100 2.470
202009 2.116 112.900 2.526
202012 2.249 112.900 2.685
202103 3.967 114.600 4.666
202106 3.798 115.300 4.440
202109 3.534 117.500 4.054
202112 3.014 118.900 3.417
202203 2.673 119.800 3.008
202206 2.692 122.600 2.960
202209 4.955 125.600 5.318
202212 5.771 125.900 6.179
202303 6.217 127.600 6.568
202306 9.196 130.400 9.506
202309 8.474 129.800 8.800
202312 8.187 131.900 8.367
202406 7.761 133.800 7.819
202409 7.094 133.700 7.152
202412 6.257 134.800 6.257

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.


Magnora ASA  (OSL:MGN) 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.


Magnora ASA Cyclically Adjusted PB Ratio Related Terms

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


Magnora ASA Business Description

Traded in Other Exchanges
Address
Karenslyst Alle 6, 1st floor, Oslo, NOR, 0278
Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The group has one operating segment, which is the development of renewable projects that includes four segments: Onshore solar photovoltaic (PV) energy, Onshore wind energy, Battery energy storage systems (BESS), and Offshore wind energy.

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