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aXichem AB (OSTO:AXIC A) Cyclically Adjusted PB Ratio : 0.39 (As of Dec. 13, 2024)


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What is aXichem AB Cyclically Adjusted PB Ratio?

As of today (2024-12-13), aXichem AB's current share price is kr1.285. aXichem AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr3.28. aXichem AB's Cyclically Adjusted PB Ratio for today is 0.39.

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

OSTO:AXIC A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 4.52   Max: 23.09
Current: 0.38

During the past years, aXichem AB's highest Cyclically Adjusted PB Ratio was 23.09. The lowest was 0.34. And the median was 4.52.

OSTO:AXIC A's Cyclically Adjusted PB Ratio is ranked better than
94% of 1100 companies
in the Chemicals industry
Industry Median: 1.915 vs OSTO:AXIC A: 0.38

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.

aXichem AB's adjusted book value per share data for the three months ended in Sep. 2024 was kr1.459. 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 kr3.28 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


aXichem AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for aXichem 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.

aXichem AB Cyclically Adjusted PB Ratio Chart

aXichem 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 - 16.43 7.49 4.03 1.15

aXichem AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.52 1.15 0.45 0.45 0.36

Competitive Comparison of aXichem AB's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, aXichem 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.


aXichem AB's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, aXichem AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



aXichem 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.285/3.28
=0.39

* 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.

aXichem AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, aXichem AB's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.459/133.7000*133.7000
=1.459

Current CPI (Sep. 2024) = 133.7000.

aXichem AB Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.286 98.600 3.100
201503 2.084 99.200 2.809
201506 2.618 100.100 3.497
201509 2.585 100.600 3.436
201512 2.390 100.900 3.167
201603 2.261 102.500 2.949
201606 2.103 103.800 2.709
201609 1.979 104.200 2.539
201612 2.665 104.400 3.413
201703 2.563 105.000 3.264
201706 2.454 105.800 3.101
201709 2.335 105.900 2.948
201712 2.183 106.100 2.751
201803 2.068 107.300 2.577
201806 2.215 108.500 2.729
201809 2.029 109.500 2.477
201812 1.852 109.800 2.255
201903 4.681 110.400 5.669
201906 4.453 110.600 5.383
201909 4.271 111.100 5.140
201912 4.056 111.300 4.872
202003 3.870 111.200 4.653
202006 3.645 112.100 4.347
202009 3.451 112.900 4.087
202012 3.240 112.900 3.837
202103 3.050 114.600 3.558
202106 3.743 115.300 4.340
202109 3.568 117.500 4.060
202112 3.276 118.900 3.684
202203 3.069 119.800 3.425
202206 2.830 122.600 3.086
202209 2.523 125.600 2.686
202212 2.326 125.900 2.470
202303 3.765 127.600 3.945
202306 2.660 130.400 2.727
202309 2.459 129.800 2.533
202312 2.189 131.900 2.219
202403 1.633 132.600 1.647
202406 1.603 133.800 1.602
202409 1.459 133.700 1.459

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.


aXichem AB  (OSTO:AXIC A) 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.


aXichem AB Cyclically Adjusted PB Ratio Related Terms

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


aXichem AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sodergatan 26, Malmo, NOR, 211 34
aXichem AB develops and delivers nature-identical ingredients of the highest purity. The company offers axiphen-feed used in the breeding of chickens and pigs, Bio-repellents used to repel unwanted biological organisms from installations or areas, and aXivite an alternative to capsaicin.

aXichem AB Headlines

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