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BIMobject AB (OSTO:BIM) Cyclically Adjusted PB Ratio : 2.20 (As of May. 29, 2024)


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What is BIMobject AB Cyclically Adjusted PB Ratio?

As of today (2024-05-29), BIMobject AB's current share price is kr3.56. BIMobject AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.62. BIMobject AB's Cyclically Adjusted PB Ratio for today is 2.20.

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

OSTO:BIM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.87   Max: 2.8
Current: 2.23

During the past years, BIMobject AB's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 1.29. And the median was 1.87.

OSTO:BIM's Cyclically Adjusted PB Ratio is ranked better than
55.23% of 1367 companies
in the Software industry
Industry Median: 2.58 vs OSTO:BIM: 2.23

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.

BIMobject AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr1.404. 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 kr1.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BIMobject AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BIMobject 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.

BIMobject AB Cyclically Adjusted PB Ratio Chart

BIMobject 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 - - - - 2.26

BIMobject 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 - 1.28 1.67 2.26 2.01

Competitive Comparison of BIMobject AB's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, BIMobject 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.


BIMobject AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



BIMobject 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.56/1.62
=2.20

* 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.

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

For example, BIMobject AB'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)
=1.404/132.2054*132.2054
=1.404

Current CPI (Mar. 2024) = 132.2054.

BIMobject AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.203 100.432 0.267
201409 0.132 100.161 0.174
201412 0.490 100.225 0.646
201503 0.280 99.950 0.370
201506 0.792 99.995 1.047
201509 0.705 100.228 0.930
201512 0.590 100.276 0.778
201603 0.471 100.751 0.618
201606 0.359 101.019 0.470
201609 0.244 101.138 0.319
201612 0.138 102.022 0.179
201703 1.599 102.022 2.072
201706 1.442 102.752 1.855
201709 1.285 103.279 1.645
201712 1.245 103.793 1.586
201803 1.035 103.962 1.316
201806 0.885 104.875 1.116
201809 2.609 105.679 3.264
201812 2.323 105.912 2.900
201903 2.091 105.886 2.611
201906 1.804 106.742 2.234
201909 1.598 107.214 1.970
201912 1.215 107.766 1.491
202003 1.026 106.563 1.273
202006 0.886 107.498 1.090
202009 2.806 107.635 3.447
202012 2.590 108.296 3.162
202103 2.477 108.360 3.022
202106 2.315 108.928 2.810
202109 2.145 110.338 2.570
202112 2.025 112.486 2.380
202203 1.935 114.825 2.228
202206 1.792 118.384 2.001
202209 1.688 122.296 1.825
202212 1.605 126.365 1.679
202303 1.541 127.042 1.604
202306 1.512 129.407 1.545
202309 1.525 130.224 1.548
202312 1.452 131.912 1.455
202403 1.404 132.205 1.404

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.


BIMobject AB  (OSTO:BIM) 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.


BIMobject AB Cyclically Adjusted PB Ratio Related Terms

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


BIMobject AB (OSTO:BIM) Business Description

Industry
Traded in Other Exchanges
Address
STUDIO, Nordenskiöldsgatan 24, Malmo, SWE, 211 19
BIMobject AB is a provider digital content management system for BIM objects. The company's solutions help manufacturers to develop, host, maintain, syndicate and publicise digital replicas of manufactured products - BIM objects. Its products include BIMobject API, BIMobject EVO, Object Creation & Process, BIMsupply, BIMobject Marketing Campaign, BIMscript, BIMobject Mosquito and BIMobject Cloud, among others.

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