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RaySearch Laboratories AB (OSTO:RAY B) Cyclically Adjusted PB Ratio : 16.16 (As of Jul. 06, 2025)


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What is RaySearch Laboratories AB Cyclically Adjusted PB Ratio?

As of today (2025-07-06), RaySearch Laboratories AB's current share price is kr343.50. RaySearch Laboratories AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr21.26. RaySearch Laboratories AB's Cyclically Adjusted PB Ratio for today is 16.16.

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

OSTO:RAY B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.88   Med: 7.52   Max: 32.53
Current: 16.15

During the past years, RaySearch Laboratories AB's highest Cyclically Adjusted PB Ratio was 32.53. The lowest was 2.88. And the median was 7.52.

OSTO:RAY B's Cyclically Adjusted PB Ratio is ranked worse than
96.96% of 362 companies
in the Healthcare Providers & Services industry
Industry Median: 2 vs OSTO:RAY B: 16.15

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.

RaySearch Laboratories AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr26.893. 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 kr21.26 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


RaySearch Laboratories AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RaySearch Laboratories 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.

RaySearch Laboratories AB Cyclically Adjusted PB Ratio Chart

RaySearch Laboratories AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.73 4.00 3.96 4.70 10.34

RaySearch Laboratories AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.86 7.05 7.61 10.34 10.58

Competitive Comparison of RaySearch Laboratories AB's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, RaySearch Laboratories 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.


RaySearch Laboratories AB's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, RaySearch Laboratories AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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RaySearch Laboratories 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=343.50/21.26
=16.16

* 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.

RaySearch Laboratories AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, RaySearch Laboratories AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=26.893/132.8245*132.8245
=26.893

Current CPI (Mar. 2025) = 132.8245.

RaySearch Laboratories AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.946 99.995 10.555
201509 8.355 100.228 11.072
201512 9.320 100.276 12.345
201603 9.852 100.751 12.988
201606 10.403 101.019 13.678
201609 11.257 101.138 14.784
201612 13.423 102.022 17.476
201703 14.201 102.022 18.489
201706 14.825 102.752 19.164
201709 14.822 103.279 19.062
201712 16.930 103.793 21.665
201803 17.278 103.962 22.075
201806 17.835 104.875 22.588
201809 18.229 105.679 22.911
201812 19.177 105.912 24.050
201903 19.618 105.886 24.609
201906 20.255 106.742 25.204
201909 20.035 107.214 24.821
201912 20.578 107.766 25.363
202003 21.789 106.563 27.159
202006 21.480 107.498 26.541
202009 20.706 107.635 25.552
202012 20.254 108.296 24.841
202103 20.494 108.360 25.121
202106 20.000 108.928 24.388
202109 19.380 110.338 23.330
202112 18.327 112.486 21.641
202203 19.520 114.825 22.580
202206 18.423 118.384 20.670
202209 18.813 122.296 20.433
202212 19.169 126.365 20.149
202303 19.671 127.042 20.566
202306 20.072 129.407 20.602
202309 20.681 130.224 21.094
202312 21.446 131.912 21.594
202403 22.651 132.205 22.757
202406 22.412 132.716 22.430
202409 23.646 132.304 23.739
202412 25.573 132.987 25.542
202503 26.893 132.825 26.893

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.


RaySearch Laboratories AB  (OSTO:RAY B) 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.


RaySearch Laboratories AB Cyclically Adjusted PB Ratio Related Terms

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


RaySearch Laboratories AB Business Description

Traded in Other Exchanges
Address
Eugeniavagen 18C, P.O. Box 3297, Stockholm, SWE, 113 68
RaySearch Laboratories AB is a Sweden-based medical technology company. The company develops advanced software solutions for improved cancer treatment. The company develops and markets the RayStation* treatment planning system and RayCare* oncology information system to clinics all over the world and distributes products through licensing agreements with medical technology companies. Its geographic segments consist of Sweden, North America, Asia Pacific, Europe and the rest of the world.

RaySearch Laboratories AB Headlines

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