GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » AcouSort AB (OSTO:ACOU) » Definitions » Cyclically Adjusted PB Ratio

AcouSort AB (OSTO:ACOU) Cyclically Adjusted PB Ratio : 12.71 (As of Jun. 15, 2024)


View and export this data going back to 2020. Start your Free Trial

What is AcouSort AB Cyclically Adjusted PB Ratio?

As of today (2024-06-15), AcouSort AB's current share price is kr15.25. AcouSort AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was kr1.20. AcouSort AB's Cyclically Adjusted PB Ratio for today is 12.71.

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

OSTO:ACOU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.67   Med: 13.42   Max: 17.19
Current: 12.85

During the past 11 years, AcouSort AB's highest Cyclically Adjusted PB Ratio was 17.19. The lowest was 8.67. And the median was 13.42.

OSTO:ACOU's Cyclically Adjusted PB Ratio is ranked worse than
93.02% of 659 companies
in the Biotechnology industry
Industry Median: 1.73 vs OSTO:ACOU: 12.85

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.

AcouSort AB's adjusted book value per share data of for the fiscal year that ended in Dec23 was kr1.619. 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 kr1.20 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AcouSort AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AcouSort AB'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.

AcouSort AB Cyclically Adjusted PB Ratio Chart

AcouSort AB 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 - - - 14.86 12.97

AcouSort AB 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 - - - 12.97 -

Competitive Comparison of AcouSort AB's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, AcouSort AB'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.


AcouSort AB's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, AcouSort AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AcouSort AB 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.

AcouSort AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.25/1.2
=12.71

* 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.

AcouSort AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, AcouSort AB's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.619/131.9118*131.9118
=1.619

Current CPI (Dec23) = 131.9118.

AcouSort AB Annual Data

Book Value per Share CPI Adj_Book
201412 0.045 100.225 0.059
201512 0.010 100.276 0.013
201612 1.242 102.022 1.606
201712 0.485 103.793 0.616
201812 1.555 105.912 1.937
201912 0.591 107.766 0.723
202012 0.820 108.296 0.999
202112 2.491 112.486 2.921
202212 1.429 126.365 1.492
202312 1.619 131.912 1.619

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.


AcouSort AB  (OSTO:ACOU) 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.


AcouSort AB Cyclically Adjusted PB Ratio Related Terms

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


AcouSort AB (OSTO:ACOU) Business Description

Industry
Traded in Other Exchanges
Address
Medicon Village, Lund, SWE, SE-223 81
AcouSort AB is a company that specializes in products and solutions for the automated preparation of biological samples for researchers and life science companies. Its technology is based on using ultrasound to isolate, separate or trap microscopic particles such as blood cells, bacteria, or extracellular vesicles in microfluidic channels. The company products include AcouTrap, AcouWash, and AcouPlasma.

AcouSort AB (OSTO:ACOU) Headlines

No Headlines