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Gruvaktiebolaget Viscaria (OSTO:VISC) Cyclically Adjusted PB Ratio : 2.98 (As of Jun. 04, 2024)


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What is Gruvaktiebolaget Viscaria Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Gruvaktiebolaget Viscaria's current share price is kr25.55. Gruvaktiebolaget Viscaria's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr8.57. Gruvaktiebolaget Viscaria's Cyclically Adjusted PB Ratio for today is 2.98.

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

OSTO:VISC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.52   Max: 3.73
Current: 2.92

During the past years, Gruvaktiebolaget Viscaria's highest Cyclically Adjusted PB Ratio was 3.73. The lowest was 0.94. And the median was 2.52.

OSTO:VISC's Cyclically Adjusted PB Ratio is ranked worse than
80.85% of 1624 companies
in the Metals & Mining industry
Industry Median: 0.88 vs OSTO:VISC: 2.92

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.

Gruvaktiebolaget Viscaria's adjusted book value per share data for the three months ended in Mar. 2024 was kr13.501. 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 kr8.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gruvaktiebolaget Viscaria Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gruvaktiebolaget Viscaria'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.

Gruvaktiebolaget Viscaria Cyclically Adjusted PB Ratio Chart

Gruvaktiebolaget Viscaria 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 0.50 1.18 2.52 2.89 2.88

Gruvaktiebolaget Viscaria 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 3.23 2.75 2.87 2.88 2.67

Competitive Comparison of Gruvaktiebolaget Viscaria's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Gruvaktiebolaget Viscaria'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.


Gruvaktiebolaget Viscaria's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gruvaktiebolaget Viscaria's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gruvaktiebolaget Viscaria 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.

Gruvaktiebolaget Viscaria's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.55/8.57
=2.98

* 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.

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

For example, Gruvaktiebolaget Viscaria'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)
=13.501/132.2054*132.2054
=13.501

Current CPI (Mar. 2024) = 132.2054.

Gruvaktiebolaget Viscaria Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.457 99.788 11.204
201406 7.619 100.432 10.029
201409 6.809 100.161 8.987
201412 6.377 100.225 8.412
201503 0.352 99.950 0.466
201506 3.313 99.995 4.380
201509 2.974 100.228 3.923
201512 3.579 100.276 4.719
201603 3.399 100.751 4.460
201606 3.812 101.019 4.989
201609 2.991 101.138 3.910
201612 2.418 102.022 3.133
201703 3.306 102.022 4.284
201706 3.138 102.752 4.037
201709 3.064 103.279 3.922
201712 4.818 103.793 6.137
201803 4.742 103.962 6.030
201806 5.020 104.875 6.328
201809 4.955 105.679 6.199
201812 4.582 105.912 5.720
201906 8.342 106.742 10.332
201909 0.000 107.214 0.000
201912 7.895 107.766 9.685
202003 0.000 106.563 0.000
202006 7.897 107.498 9.712
202009 7.700 107.635 9.458
202012 8.149 108.296 9.948
202103 9.273 108.360 11.314
202106 9.862 108.928 11.970
202109 9.779 110.338 11.717
202112 8.187 112.486 9.622
202203 11.595 114.825 13.350
202206 11.473 118.384 12.813
202209 11.459 122.296 12.387
202212 12.859 126.365 13.453
202303 12.762 127.042 13.281
202306 13.784 129.407 14.082
202309 13.738 130.224 13.947
202312 13.628 131.912 13.658
202403 13.501 132.205 13.501

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.


Gruvaktiebolaget Viscaria  (OSTO:VISC) 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.


Gruvaktiebolaget Viscaria Cyclically Adjusted PB Ratio Related Terms

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


Gruvaktiebolaget Viscaria (OSTO:VISC) Business Description

Traded in Other Exchanges
Address
Verkstadsvagen 52, Kopparberg, SWE, 714 36
Copperstone Resources AB is a Sweden-based exploration and mining company in the Industrial Metals and Mining division. It is primarily focused on developing the Viscaria copper mine in the region of Kiruna in northern Sweden. The company explores for copper, gold, zink, lead, and other minerals. It also holds interests in projects in Arvidsjaur (Eva, Svartliden, Granliden) and in Smedjebacken (Tvistbo), all located in the northern Sweden.

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