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Havsfrun Investment AB (OSTO:HAV B) Cyclically Adjusted PB Ratio : 0.80 (As of Jul. 06, 2025)


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What is Havsfrun Investment AB Cyclically Adjusted PB Ratio?

As of today (2025-07-06), Havsfrun Investment AB's current share price is kr14.90. Havsfrun Investment AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr18.67. Havsfrun Investment AB's Cyclically Adjusted PB Ratio for today is 0.80.

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

OSTO:HAV B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.69   Max: 1.64
Current: 0.8

During the past years, Havsfrun Investment AB's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 0.47. And the median was 0.69.

OSTO:HAV B's Cyclically Adjusted PB Ratio is ranked better than
69.04% of 633 companies
in the Capital Markets industry
Industry Median: 1.31 vs OSTO:HAV B: 0.80

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.

Havsfrun Investment AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr9.341. 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 kr18.67 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Havsfrun Investment AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Havsfrun Investment 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.

Havsfrun Investment AB Cyclically Adjusted PB Ratio Chart

Havsfrun Investment AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.35 0.65 0.70 0.65

Havsfrun Investment AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.74 0.58 0.56 0.65 0.95

Competitive Comparison of Havsfrun Investment AB's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Havsfrun Investment 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.


Havsfrun Investment AB's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Havsfrun Investment AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Havsfrun Investment 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.90/18.67
=0.80

* 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.

Havsfrun Investment AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Havsfrun Investment AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.341/132.8245*132.8245
=9.341

Current CPI (Mar. 2025) = 132.8245.

Havsfrun Investment AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 24.534 99.995 32.589
201509 23.539 100.228 31.194
201512 23.531 100.276 31.169
201603 22.353 100.751 29.469
201606 21.144 101.019 27.801
201609 21.363 101.138 28.056
201612 21.486 102.022 27.973
201703 21.419 102.022 27.886
201706 19.672 102.752 25.429
201709 19.821 103.279 25.491
201712 19.877 103.793 25.437
201803 19.584 103.962 25.021
201806 18.014 104.875 22.815
201809 17.930 105.679 22.536
201812 16.993 105.912 21.311
201903 17.072 105.886 21.415
201906 15.696 106.742 19.531
201909 15.685 107.214 19.432
201912 15.820 107.766 19.499
202003 13.519 106.563 16.851
202006 12.331 107.498 15.236
202009 12.555 107.635 15.493
202012 12.886 108.296 15.805
202103 13.230 108.360 16.217
202106 11.779 108.928 14.363
202109 11.587 110.338 13.948
202112 11.666 112.486 13.775
202203 11.724 114.825 13.562
202206 11.242 118.384 12.613
202209 11.014 122.296 11.962
202212 11.251 126.365 11.826
202303 11.557 127.042 12.083
202306 10.465 129.407 10.741
202309 10.304 130.224 10.510
202312 10.332 131.912 10.403
202403 10.291 132.205 10.339
202406 9.281 132.716 9.289
202409 9.361 132.304 9.398
202412 9.124 132.987 9.113
202503 9.341 132.825 9.341

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.


Havsfrun Investment AB  (OSTO:HAV B) 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.


Havsfrun Investment AB Cyclically Adjusted PB Ratio Related Terms

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Havsfrun Investment AB Business Description

Traded in Other Exchanges
N/A
Address
Nybrogatan 6, Box 5855, Stockholm, SWE, 102 40
Havsfrun Investment AB manages diversified multi portfolio consisting of hedge funds which the company, in consultation with its hedge fund adviser, considered to be the foremost in it.

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