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Diadrom Holding AB (OSTO:DIAH) Cyclically Adjusted PB Ratio : 3.97 (As of Jun. 19, 2024)


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What is Diadrom Holding AB Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Diadrom Holding AB's current share price is kr10.20. Diadrom Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr2.57. Diadrom Holding AB's Cyclically Adjusted PB Ratio for today is 3.97.

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

OSTO:DIAH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.15   Med: 5.83   Max: 9.8
Current: 3.88

During the past years, Diadrom Holding AB's highest Cyclically Adjusted PB Ratio was 9.80. The lowest was 3.15. And the median was 5.83.

OSTO:DIAH's Cyclically Adjusted PB Ratio is ranked worse than
65.82% of 1425 companies
in the Software industry
Industry Median: 2.5 vs OSTO:DIAH: 3.88

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.

Diadrom Holding AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr2.301. 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 kr2.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diadrom Holding AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Diadrom Holding 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.

Diadrom Holding AB Cyclically Adjusted PB Ratio Chart

Diadrom Holding 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 6.07 3.61 6.10 5.93 4.38

Diadrom Holding 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 6.15 5.20 5.05 4.38 4.27

Competitive Comparison of Diadrom Holding AB's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Diadrom Holding 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.


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

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

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



Diadrom Holding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.20/2.57
=3.97

* 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.

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

For example, Diadrom Holding 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)
=2.301/132.2054*132.2054
=2.301

Current CPI (Mar. 2024) = 132.2054.

Diadrom Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.840 100.432 2.422
201409 2.014 100.161 2.658
201412 2.309 100.225 3.046
201503 1.620 99.950 2.143
201506 1.669 99.995 2.207
201509 1.756 100.228 2.316
201512 1.885 100.276 2.485
201603 1.366 100.751 1.792
201606 1.575 101.019 2.061
201609 1.717 101.138 2.244
201612 1.931 102.022 2.502
201703 1.504 102.022 1.949
201706 1.837 102.752 2.364
201709 2.027 103.279 2.595
201712 2.315 103.793 2.949
201803 1.601 103.962 2.036
201806 1.822 104.875 2.297
201809 1.853 105.679 2.318
201812 2.172 105.912 2.711
201903 1.828 105.886 2.282
201906 2.059 106.742 2.550
201909 2.311 107.214 2.850
201912 2.477 107.766 3.039
202003 2.629 106.563 3.262
202006 2.483 107.498 3.054
202009 2.480 107.635 3.046
202012 2.692 108.296 3.286
202103 2.908 108.360 3.548
202106 3.070 108.928 3.726
202109 1.835 110.338 2.199
202112 2.279 112.486 2.679
202203 1.875 114.825 2.159
202206 2.159 118.384 2.411
202209 2.334 122.296 2.523
202212 2.704 126.365 2.829
202303 3.152 127.042 3.280
202306 2.125 129.407 2.171
202309 2.291 130.224 2.326
202312 2.341 131.912 2.346
202403 2.301 132.205 2.301

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.


Diadrom Holding AB  (OSTO:DIAH) 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.


Diadrom Holding AB Cyclically Adjusted PB Ratio Related Terms

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


Diadrom Holding AB (OSTO:DIAH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Forsta Langgatan 19, Gothenburg, SWE, 413 27
Diadrom Holding AB is a consultancy company with focus on diagnostics of product with embedded software. Its products include Diadrom OWL a diagnostics and fleet management tool for predictive maintenance, Diadrom Dolphin a tool for test automation and Diag Studio a diagnostic off-board system. The company offers its products to industrial machinery, defence, security and public transport industry.