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Loomis AB (OSTO:LOOMIS) Cyclically Adjusted PB Ratio : 1.92 (As of May. 07, 2024)


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What is Loomis AB Cyclically Adjusted PB Ratio?

As of today (2024-05-07), Loomis AB's current share price is kr258.60. Loomis AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr134.90. Loomis AB's Cyclically Adjusted PB Ratio for today is 1.92.

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

OSTO:LOOMIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.9   Max: 5.95
Current: 2.09

During the past years, Loomis AB's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 1.91. And the median was 2.90.

OSTO:LOOMIS's Cyclically Adjusted PB Ratio is ranked worse than
59.36% of 657 companies
in the Business Services industry
Industry Median: 1.55 vs OSTO:LOOMIS: 2.09

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.

Loomis AB's adjusted book value per share data for the three months ended in Dec. 2023 was kr178.385. 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 kr134.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loomis AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Loomis 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.

Loomis AB Cyclically Adjusted PB Ratio Chart

Loomis 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 5.15 2.69 2.51 2.40 1.98

Loomis AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.40 2.90 2.46 2.24 1.98

Competitive Comparison of Loomis AB's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Loomis 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.


Loomis AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Loomis 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=258.60/134.9
=1.92

* 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.

Loomis AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Loomis AB's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=178.385/130.9575*130.9575
=178.385

Current CPI (Dec. 2023) = 130.9575.

Loomis AB Quarterly Data

Book Value per Share CPI Adj_Book
201403 57.173 99.788 75.032
201406 56.824 100.432 74.095
201409 61.920 100.161 80.959
201412 65.243 100.225 85.249
201503 72.914 99.950 95.534
201506 68.514 99.995 89.729
201509 73.047 100.228 95.443
201512 77.686 100.276 101.456
201603 76.981 100.751 100.061
201606 74.881 101.019 97.073
201609 78.776 101.138 102.003
201612 88.360 102.022 113.421
201703 90.660 102.022 116.374
201706 84.559 102.752 107.770
201709 87.417 103.279 110.845
201712 93.545 103.793 118.028
201803 101.654 103.962 128.050
201806 102.837 104.875 128.413
201809 107.649 105.679 133.399
201812 111.943 105.912 138.415
201903 119.108 105.886 147.310
201906 114.056 106.742 139.931
201909 123.588 107.214 150.958
201912 127.496 107.766 154.934
202003 142.730 106.563 175.404
202006 131.058 107.498 159.659
202009 130.925 107.635 159.294
202012 116.609 108.296 141.010
202103 128.041 108.360 154.744
202106 123.322 108.928 148.263
202109 128.470 110.338 152.478
202112 136.270 112.486 158.647
202203 147.307 114.825 168.003
202206 160.746 118.384 177.819
202209 183.440 122.296 196.432
202212 173.939 126.365 180.260
202303 178.624 127.042 184.130
202306 184.857 129.407 187.073
202309 189.022 130.224 190.087
202312 178.385 130.958 178.385

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.


Loomis AB  (OSTO:LOOMIS) 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.


Loomis AB Cyclically Adjusted PB Ratio Related Terms

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


Loomis AB (OSTO:LOOMIS) Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

Loomis AB (OSTO:LOOMIS) Headlines

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