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Greater Than AB (OSTO:GREAT) Cyclically Adjusted PB Ratio : 16.54 (As of Jun. 20, 2024)


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What is Greater Than AB Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Greater Than AB's current share price is kr66.00. Greater Than AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr3.99. Greater Than AB's Cyclically Adjusted PB Ratio for today is 16.54.

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

OSTO:GREAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.15   Med: 17.53   Max: 23.97
Current: 16.43

During the past years, Greater Than AB's highest Cyclically Adjusted PB Ratio was 23.97. The lowest was 11.15. And the median was 17.53.

OSTO:GREAT's Cyclically Adjusted PB Ratio is ranked worse than
94.18% of 1425 companies
in the Software industry
Industry Median: 2.52 vs OSTO:GREAT: 16.43

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.

Greater Than AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr2.583. 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 kr3.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greater Than AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Greater Than 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.

Greater Than AB Cyclically Adjusted PB Ratio Chart

Greater Than 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 - - - 22.81 18.25

Greater Than 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 15.94 23.80 19.59 18.25 17.58

Competitive Comparison of Greater Than AB's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Greater Than 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.


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

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

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



Greater Than 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.00/3.99
=16.54

* 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.

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

For example, Greater Than 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)
=2.583/132.2054*132.2054
=2.583

Current CPI (Mar. 2024) = 132.2054.

Greater Than AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.231 100.432 4.253
201409 2.915 100.161 3.848
201412 2.368 100.225 3.124
201503 1.985 99.950 2.626
201506 1.551 99.995 2.051
201509 1.215 100.228 1.603
201512 0.742 100.276 0.978
201603 1.351 100.751 1.773
201606 0.993 101.019 1.300
201609 0.657 101.138 0.859
201612 1.431 102.022 1.854
201703 1.099 102.022 1.424
201706 1.200 102.752 1.544
201709 0.687 103.279 0.879
201712 2.661 103.793 3.389
201803 2.302 103.962 2.927
201806 1.692 104.875 2.133
201809 1.249 105.679 1.563
201812 0.638 105.912 0.796
201903 2.494 105.886 3.114
201906 1.864 106.742 2.309
201909 1.289 107.214 1.589
201912 2.410 107.766 2.957
202003 1.773 106.563 2.200
202006 3.050 107.498 3.751
202009 2.467 107.635 3.030
202012 1.864 108.296 2.276
202103 11.766 108.360 14.355
202106 11.196 108.928 13.589
202109 10.683 110.338 12.800
202112 9.767 112.486 11.479
202203 8.814 114.825 10.148
202206 7.472 118.384 8.344
202209 6.463 122.296 6.987
202212 5.247 126.365 5.489
202303 4.214 127.042 4.385
202306 3.476 129.407 3.551
202309 3.093 130.224 3.140
202312 2.743 131.912 2.749
202403 2.583 132.205 2.583

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.


Greater Than AB  (OSTO:GREAT) 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.


Greater Than AB Cyclically Adjusted PB Ratio Related Terms

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


Greater Than AB (OSTO:GREAT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Karlavagen 58, Stockholm, SWE, 114 49
Greater Than AB is a driving data analytics company that uses artificial intelligence to convert GPS data into driver scores that predict crash probability and climate impact. Insurance companies, underwriters, fleet solution providers, mobility providers and other owners of GPS data use Greater Than's analysis to optimize driver risk management, achieve insurance profitability, manage sustainability and ESG reporting, and monetize GPS data.

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