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Kongsberg Automotive Holdings ASA (OSTO:KOAO) Cyclically Adjusted PB Ratio : 0.21 (As of Jun. 09, 2024)


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What is Kongsberg Automotive Holdings ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Kongsberg Automotive Holdings ASA's current share price is kr1.66. Kongsberg Automotive Holdings ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr7.80. Kongsberg Automotive Holdings ASA's Cyclically Adjusted PB Ratio for today is 0.21.

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

OSTO:KOAo' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.36   Max: 2.44
Current: 0.23

During the past years, Kongsberg Automotive Holdings ASA's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 0.15. And the median was 0.36.

OSTO:KOAo's Cyclically Adjusted PB Ratio is ranked better than
95.2% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs OSTO:KOAo: 0.23

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.

Kongsberg Automotive Holdings ASA's adjusted book value per share data for the three months ended in Mar. 2024 was kr2.698. 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 kr7.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kongsberg Automotive Holdings ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kongsberg Automotive Holdings 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.

Kongsberg Automotive Holdings ASA Cyclically Adjusted PB Ratio Chart

Kongsberg Automotive Holdings 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 1.40 0.45 0.40 0.34 0.29

Kongsberg Automotive Holdings 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 0.32 0.33 0.31 0.29 0.21

Competitive Comparison of Kongsberg Automotive Holdings ASA's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Kongsberg Automotive Holdings 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.


Kongsberg Automotive Holdings ASA's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kongsberg Automotive Holdings ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kongsberg Automotive Holdings 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.

Kongsberg Automotive Holdings ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.66/7.8
=0.21

* 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.

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

For example, Kongsberg Automotive Holdings 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)
=2.698/107.3549*107.3549
=2.698

Current CPI (Mar. 2024) = 107.3549.

Kongsberg Automotive Holdings ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.535 101.517 7.968
201409 8.105 101.247 8.594
201412 8.422 100.704 8.978
201503 8.976 100.339 9.604
201506 8.328 100.464 8.899
201509 8.784 99.785 9.450
201512 9.110 99.386 9.840
201603 9.283 99.475 10.018
201606 9.384 100.088 10.065
201609 8.584 99.604 9.252
201612 8.399 99.380 9.073
201703 8.623 100.040 9.254
201706 8.774 100.285 9.393
201709 8.360 100.254 8.952
201712 8.381 100.213 8.978
201803 8.380 100.836 8.922
201806 9.291 101.435 9.833
201809 9.608 101.246 10.188
201812 10.093 100.906 10.738
201903 10.715 101.571 11.325
201906 10.830 102.044 11.394
201909 11.278 101.396 11.941
201912 11.505 101.063 12.221
202003 11.975 101.048 12.722
202006 2.949 100.743 3.143
202009 2.352 100.585 2.510
202012 2.433 100.241 2.606
202103 2.523 100.800 2.687
202106 2.529 101.352 2.679
202109 2.568 101.533 2.715
202112 2.516 101.776 2.654
202203 2.609 103.205 2.714
202206 2.896 104.783 2.967
202209 3.034 104.835 3.107
202212 3.015 104.666 3.092
202303 3.083 106.245 3.115
202306 2.937 106.576 2.958
202309 2.957 106.570 2.979
202312 2.613 106.461 2.635
202403 2.698 107.355 2.698

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.


Kongsberg Automotive Holdings ASA  (OSTO:KOAo) 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.


Kongsberg Automotive Holdings ASA Cyclically Adjusted PB Ratio Related Terms

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


Kongsberg Automotive Holdings ASA (OSTO:KOAO) Business Description

Traded in Other Exchanges
Address
Europaallee 39, Zurich, CHE, 8004
Kongsberg Automotive Holdings ASA is a Norway-based company that develops, manufactures and sells products to the automotive industry. The company has organized its businesses into two segments, namely Powertrain and Chassis Products and Specialty Products. The Powertrain and Chassis Products business segment is comprised of the Driveline and On-Highway business units, while the business units under the Specialty Products business segment are Couplings, Fluid Transfer Systems (FTS), and Off-Highway.

Kongsberg Automotive Holdings ASA (OSTO:KOAO) Headlines

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