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Europris ASA (OSTO:EPRO) Cyclically Adjusted PB Ratio : 5.05 (As of Jun. 11, 2024)


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What is Europris ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Europris ASA's current share price is kr72.60. Europris ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr14.37. Europris ASA's Cyclically Adjusted PB Ratio for today is 5.05.

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

OSTO:EPRo' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.99   Med: 4.83   Max: 5.66
Current: 4.88

During the past years, Europris ASA's highest Cyclically Adjusted PB Ratio was 5.66. The lowest was 3.99. And the median was 4.83.

OSTO:EPRo's Cyclically Adjusted PB Ratio is ranked worse than
83.63% of 226 companies
in the Retail - Defensive industry
Industry Median: 1.595 vs OSTO:EPRo: 4.88

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.

Europris ASA's adjusted book value per share data for the three months ended in Mar. 2024 was kr22.404. 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 kr14.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Europris ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Europris ASA'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.

Europris ASA Cyclically Adjusted PB Ratio Chart

Europris ASA 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 - - - - 5.42

Europris ASA 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 - 4.84 4.18 5.42 5.40

Competitive Comparison of Europris ASA's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Europris ASA'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.


Europris ASA's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Europris ASA 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.

Europris ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.60/14.37
=5.05

* 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.

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

For example, Europris ASA'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)
=22.404/132.6000*132.6000
=22.404

Current CPI (Mar. 2024) = 132.6000.

Europris ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 97.500 0.000
201409 0.000 98.500 0.000
201412 7.266 98.600 9.772
201503 7.302 99.200 9.761
201506 7.588 100.100 10.052
201509 8.034 100.600 10.590
201512 9.154 100.900 12.030
201603 9.208 102.500 11.912
201606 8.566 103.800 10.943
201609 8.978 104.200 11.425
201612 10.232 104.400 12.996
201703 10.226 105.000 12.914
201706 8.999 105.800 11.279
201709 9.386 105.900 11.752
201712 10.566 106.100 13.205
201803 10.617 107.300 13.120
201806 9.741 108.500 11.905
201809 9.957 109.500 12.058
201812 11.070 109.800 13.369
201903 10.910 110.400 13.104
201906 9.697 110.600 11.626
201909 10.224 111.100 12.203
201912 11.928 111.300 14.211
202003 11.930 111.200 14.226
202006 11.468 112.100 13.565
202009 12.615 112.900 14.816
202012 13.765 112.900 16.167
202103 14.413 114.600 16.677
202106 13.462 115.300 15.482
202109 13.236 117.500 14.937
202112 16.276 118.900 18.151
202203 16.821 119.800 18.618
202206 14.844 122.600 16.055
202209 15.746 125.600 16.624
202212 18.385 125.900 19.363
202303 20.556 127.600 21.361
202306 18.418 130.400 18.729
202309 19.312 129.800 19.729
202312 22.113 131.900 22.230
202403 22.404 132.600 22.404

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.


Europris ASA  (OSTO:EPRo) 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.


Europris ASA Cyclically Adjusted PB Ratio Related Terms

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


Europris ASA (OSTO:EPRO) Business Description

Traded in Other Exchanges
Address
Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.

Europris ASA (OSTO:EPRO) Headlines

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