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Artificial Solutions International AB (OSTO:ASAI) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Artificial Solutions International AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Artificial Solutions International AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Artificial Solutions International 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.

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Artificial Solutions International AB Cyclically Adjusted PB Ratio Chart

Artificial Solutions International AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Artificial Solutions International AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Artificial Solutions International AB's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Artificial Solutions International 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.


Artificial Solutions International AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Artificial Solutions International AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Artificial Solutions International 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.

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

For example, Artificial Solutions International 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)
=-1.06/131.9118*131.9118
=-1.060

Current CPI (Dec23) = 131.9118.

Artificial Solutions International AB Annual Data

Book Value per Share CPI Adj_Book
201412 7.815 100.225 10.286
201512 8.503 100.276 11.186
201612 39.306 102.022 50.822
201712 132.458 103.793 168.343
201812 -302.570 105.912 -376.847
201912 -12.780 107.766 -15.643
202012 -6.094 108.296 -7.423
202112 -3.111 112.486 -3.648
202212 -6.093 126.365 -6.360
202312 -1.060 131.912 -1.060

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.


Artificial Solutions International AB  (OSTO:ASAI) 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.


Artificial Solutions International AB Cyclically Adjusted PB Ratio Related Terms

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Artificial Solutions International AB (OSTO:ASAI) Business Description

Traded in Other Exchanges
Address
Stureplan 15, 2nd Floor, Stockholm, SWE, 11145
Artificial Solutions International AB is a specialist in Conversational AI. It enables communication with applications, websites, and devices in everyday, humanlike natural language via voice, text, touch, or gesture input. The company's Conversational AI platform Teneo, allows business users and developers to create applications that run across 86 languages and dialects, multiple platforms, and channels in record time. The ability to analyze and make use of the enormous quantities of conversational data is fully integrated within Teneo, delivering unprecedented levels of data insight that reveal what customers are truly thinking. Its Conversational AI technology makes it easy to implement a wide range of natural language applications such as virtual assistants, and conversational bots.

Artificial Solutions International AB (OSTO:ASAI) Headlines

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