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Kinnevik AB (OSTO:KINV A) Cyclically Adjusted PB Ratio : 0.36 (As of Jun. 04, 2024)


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What is Kinnevik AB Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Kinnevik AB's current share price is kr123.00. Kinnevik AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr342.32. Kinnevik AB's Cyclically Adjusted PB Ratio for today is 0.36.

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

OSTO:KINV A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.96   Max: 2.02
Current: 0.36

During the past years, Kinnevik AB's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 0.28. And the median was 0.96.

OSTO:KINV A's Cyclically Adjusted PB Ratio is ranked better than
86.09% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs OSTO:KINV A: 0.36

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.

Kinnevik AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr170.207. 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 kr342.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinnevik AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kinnevik 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.

Kinnevik AB Cyclically Adjusted PB Ratio Chart

Kinnevik 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 0.88 1.48 1.13 0.42 0.31

Kinnevik 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 0.50 0.49 0.32 0.31 0.35

Competitive Comparison of Kinnevik AB's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Kinnevik 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.


Kinnevik AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kinnevik AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kinnevik 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=123.00/342.32
=0.36

* 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.

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

For example, Kinnevik 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)
=170.207/132.2054*132.2054
=170.207

Current CPI (Mar. 2024) = 132.2054.

Kinnevik AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 245.796 100.432 323.557
201409 275.281 100.161 363.352
201412 303.490 100.225 400.331
201503 301.691 99.950 399.050
201506 313.640 99.995 414.670
201509 295.388 100.228 389.631
201512 300.876 100.276 396.680
201603 264.394 100.751 346.937
201606 234.628 101.019 307.061
201609 270.820 101.138 354.012
201612 263.285 102.022 341.180
201703 288.925 102.022 374.406
201706 297.645 102.752 382.962
201709 311.363 103.279 398.570
201712 329.436 103.793 419.617
201803 339.279 103.962 431.452
201806 350.413 104.875 441.733
201809 286.319 105.679 358.188
201812 255.708 105.912 319.190
201903 305.592 105.886 381.550
201906 322.972 106.742 400.019
201909 333.576 107.214 411.333
201912 264.982 107.766 325.075
202003 234.722 106.563 291.204
202006 322.504 107.498 396.629
202009 388.390 107.635 477.049
202012 402.020 108.296 490.779
202103 423.911 108.360 517.198
202106 274.053 108.928 332.618
202109 273.163 110.338 327.299
202112 259.767 112.486 305.306
202203 243.504 114.825 280.361
202206 218.324 118.384 243.814
202209 207.047 122.296 223.823
202212 188.899 126.365 197.629
202303 198.018 127.042 206.067
202306 191.932 129.407 196.083
202309 180.324 130.224 183.068
202312 172.808 131.912 173.193
202403 170.207 132.205 170.207

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.


Kinnevik AB  (OSTO:KINV 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.


Kinnevik AB Cyclically Adjusted PB Ratio Related Terms

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


Kinnevik AB (OSTO:KINV A) Business Description

Traded in Other Exchanges
Address
Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13
Kinnevik AB is an operationally oriented investment group with an entrepreneurial focus on building digital brands. It concentrates its growth-style investment efforts on four sectors: TMT, e-commerce and marketplaces, Healthcare and financial services. Nearly all of its capital is committed to the communication and e-commerce and marketplace sectors. The group, through its various subsidiaries, is geographically diversified and operationally present in over 80 countries. Kinnevik's bias is toward investing in emerging markets because of the opportunity afforded by these markets' reliance on legacy products and services. A key component of its strategy is to create consumer choice of solutions in markets where supply may have been previously constrained.

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