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Multiconsult ASA (OSL:MULTI) Cyclically Adjusted PB Ratio : 4.55 (As of Jun. 19, 2024)


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What is Multiconsult ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Multiconsult ASA's current share price is kr154.50. Multiconsult ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr33.97. Multiconsult ASA's Cyclically Adjusted PB Ratio for today is 4.55.

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

OSL:MULTI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.81   Med: 3.53   Max: 4.53
Current: 4.5

During the past years, Multiconsult ASA's highest Cyclically Adjusted PB Ratio was 4.53. The lowest was 2.81. And the median was 3.53.

OSL:MULTI's Cyclically Adjusted PB Ratio is ranked worse than
88.8% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs OSL:MULTI: 4.50

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.

Multiconsult ASA's adjusted book value per share data for the three months ended in Mar. 2024 was kr41.202. 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 kr33.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Multiconsult ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Multiconsult 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.

Multiconsult ASA Cyclically Adjusted PB Ratio Chart

Multiconsult ASA 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 - - - - 3.21

Multiconsult ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 3.67 3.18 3.21 4.36

Competitive Comparison of Multiconsult ASA's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Multiconsult 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.


Multiconsult ASA's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Multiconsult ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Multiconsult 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=154.50/33.97
=4.55

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=41.202/132.6000*132.6000
=41.202

Current CPI (Mar. 2024) = 132.6000.

Multiconsult ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 97.500 0.000
201409 0.000 98.500 0.000
201412 159.972 98.600 215.135
201503 0.000 99.200 0.000
201506 11.271 100.100 14.930
201509 10.629 100.600 14.010
201512 13.350 100.900 17.544
201603 12.636 102.500 16.347
201606 12.035 103.800 15.374
201609 13.794 104.200 17.554
201612 19.336 104.400 24.559
201703 22.198 105.000 28.033
201706 19.657 105.800 24.636
201709 21.755 105.900 27.240
201712 21.582 106.100 26.972
201803 22.089 107.300 27.297
201806 21.919 108.500 26.788
201809 21.967 109.500 26.601
201812 21.995 109.800 26.562
201903 23.936 110.400 28.749
201906 21.599 110.600 25.895
201909 22.067 111.100 26.337
201912 21.557 111.300 25.682
202003 25.564 111.200 30.484
202006 27.736 112.100 32.808
202009 29.053 112.900 34.122
202012 28.727 112.900 33.740
202103 30.673 114.600 35.491
202106 25.494 115.300 29.319
202109 29.501 117.500 33.292
202112 31.030 118.900 34.605
202203 35.186 119.800 38.945
202206 31.666 122.600 34.249
202209 33.401 125.600 35.263
202212 36.080 125.900 38.000
202303 41.647 127.600 43.279
202306 33.654 130.400 34.222
202309 33.366 129.800 34.086
202312 37.441 131.900 37.640
202403 41.202 132.600 41.202

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.


Multiconsult ASA  (OSL:MULTI) 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.


Multiconsult ASA Cyclically Adjusted PB Ratio Related Terms

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


Multiconsult ASA (OSL:MULTI) Business Description

Traded in Other Exchanges
Address
Nedre Skoyen vei 2, Oslo, NOR, 0276
Multiconsult ASA is a specialist in engineering design, consultancy, and architecture services. The company's activities involve multidisciplinary consultancy, design, planning, project supervision, project management, geotechnical site surveys, verification, and controls in Norway and abroad. It provides engineering services in Sweden and Poland in addition to architecture services in all three Scandinavian countries. Its business segments are Buildings and Properties, Mobility and Transportation, Energy and Industry, and Water and Environment. Its geographical segments include Region Oslo, Region Norway, Energy, International, and LINK Arkitek.

Multiconsult ASA (OSL:MULTI) Headlines

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