/term/cyclically-adjusted-pb-ratio/OSTO:LAUR Lauritz.com Group A/S (OSTO:LAUR) Cyclically Adjusted PB Ra
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Lauritz.com Group A/S (OSTO:LAUR) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Lauritz.com Group A/S Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lauritz.com Group A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lauritz.com Group A/S'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.

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Lauritz.com Group A/S Cyclically Adjusted PB Ratio Chart

Lauritz.com Group A/S Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Lauritz.com Group A/S Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Lauritz.com Group A/S's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Lauritz.com Group A/S'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.


Lauritz.com Group A/S's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lauritz.com Group A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lauritz.com Group A/S's Cyclically Adjusted PB Ratio falls into.



Lauritz.com Group A/S 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.

Lauritz.com Group A/S's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Lauritz.com Group A/S's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-1.574/115.9000*115.9000
=-1.574

Current CPI (Dec22) = 115.9000.

Lauritz.com Group A/S Annual Data

Book Value per Share CPI Adj_Book
201312 0.618 99.000 0.723
201412 0.466 99.400 0.543
201512 0.417 99.800 0.484
201612 1.991 100.300 2.301
201712 0.951 101.300 1.088
201812 -1.409 102.100 -1.599
201912 0.419 102.900 0.472
202012 -0.841 103.400 -0.943
202112 -1.522 106.600 -1.655
202212 -1.574 115.900 -1.574

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.


Lauritz.com Group A/S  (OSTO:LAUR) 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.


Lauritz.com Group A/S Cyclically Adjusted PB Ratio Related Terms

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Lauritz.com Group A/S (OSTO:LAUR) Business Description

Traded in Other Exchanges
N/A
Address
Dynamovej 11C, Soborg, DNK, 2860
Lauritz.com Group A/S provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.