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Husqvarna AB (OSTO:HUSQ A) Cyclically Adjusted PB Ratio : 2.33 (As of May. 27, 2024)


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What is Husqvarna AB Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Husqvarna AB's current share price is kr88.80. Husqvarna AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr38.13. Husqvarna AB's Cyclically Adjusted PB Ratio for today is 2.33.

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

OSTO:HUSQ A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.98   Max: 5.15
Current: 2.33

During the past years, Husqvarna AB's highest Cyclically Adjusted PB Ratio was 5.15. The lowest was 1.79. And the median was 2.98.

OSTO:HUSQ A's Cyclically Adjusted PB Ratio is ranked worse than
59.78% of 2091 companies
in the Industrial Products industry
Industry Median: 1.84 vs OSTO:HUSQ A: 2.33

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.

Husqvarna AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr45.811. 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 kr38.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Husqvarna AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Husqvarna 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.

Husqvarna AB Cyclically Adjusted PB Ratio Chart

Husqvarna 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 2.94 4.06 5.03 2.15 2.19

Husqvarna 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 2.57 2.72 2.28 2.19 2.42

Competitive Comparison of Husqvarna AB's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Husqvarna 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.


Husqvarna AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Husqvarna AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Husqvarna 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.80/38.13
=2.33

* 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.

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

For example, Husqvarna 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)
=45.811/132.2054*132.2054
=45.811

Current CPI (Mar. 2024) = 132.2054.

Husqvarna AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.921 100.432 28.856
201409 22.436 100.161 29.614
201412 21.065 100.225 27.787
201503 22.534 99.950 29.806
201506 22.574 99.995 29.846
201509 23.044 100.228 30.396
201512 22.759 100.276 30.006
201603 23.809 100.751 31.242
201606 24.179 101.019 31.643
201609 24.850 101.138 32.484
201612 25.065 102.022 32.481
201703 26.869 102.022 34.818
201706 27.038 102.752 34.788
201709 27.051 103.279 34.627
201712 27.427 103.793 34.935
201803 29.456 103.962 37.458
201806 30.220 104.875 38.096
201809 29.812 105.679 37.295
201812 28.000 105.912 34.951
201903 30.171 105.886 37.670
201906 30.398 106.742 37.650
201909 31.052 107.214 38.290
201912 30.201 107.766 37.050
202003 32.744 106.563 40.623
202006 33.795 107.498 41.563
202009 34.488 107.635 42.361
202012 29.793 108.296 36.371
202103 34.074 108.360 41.572
202106 35.223 108.928 42.750
202109 36.961 110.338 44.286
202112 37.925 112.486 44.573
202203 41.908 114.825 48.251
202206 43.862 118.384 48.983
202209 46.386 122.296 50.144
202212 42.075 126.365 44.020
202303 45.226 127.042 47.064
202306 46.048 129.407 47.044
202309 45.715 130.224 46.411
202312 41.591 131.912 41.684
202403 45.811 132.205 45.811

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.


Husqvarna AB  (OSTO:HUSQ A) 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.


Husqvarna AB Cyclically Adjusted PB Ratio Related Terms

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


Husqvarna AB (OSTO:HUSQ A) Business Description

Address
Regeringsgatan 28, Box 7454, Stockholm, SWE, SE-111 53
Husqvarna AB makes outdoor power products for forest, park, and garden care. The company operates three business segments: Husqvarna, Gardena, and Construction. The Husqvarna segment generates most of the group's revenue. It manufactures and sells outdoor products such as chainsaws, trimmers, mowers, and park and garden care. The other segments offer garden watering and hand tools, as well as professional equipment and diamond tools for cutting and drilling in concrete, stone, and asphalt. Products are sold under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands. The company's largest end markets are North America and Europe.

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