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Scandbook Holding AB (OSTO:SBOK) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 22, 2024)


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What is Scandbook Holding AB Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Scandbook Holding AB's current share price is kr30.00. Scandbook Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr47.75. Scandbook Holding AB's Cyclically Adjusted PB Ratio for today is 0.63.

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

OSTO:SBOK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.62   Max: 0.97
Current: 0.65

During the past years, Scandbook Holding AB's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.30. And the median was 0.62.

OSTO:SBOK's Cyclically Adjusted PB Ratio is ranked better than
79.05% of 692 companies
in the Business Services industry
Industry Median: 1.55 vs OSTO:SBOK: 0.65

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.

Scandbook Holding AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr58.960. 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 kr47.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scandbook Holding AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Scandbook Holding 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.

Scandbook Holding AB Cyclically Adjusted PB Ratio Chart

Scandbook Holding 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 0.40 0.55 0.79 0.76 0.56

Scandbook Holding 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 0.75 0.73 0.59 0.56 0.71

Competitive Comparison of Scandbook Holding AB's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Scandbook Holding 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.


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

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

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



Scandbook Holding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.00/47.75
=0.63

* 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.

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

For example, Scandbook Holding 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)
=58.96/132.2054*132.2054
=58.960

Current CPI (Mar. 2024) = 132.2054.

Scandbook Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.883 100.432 36.704
201409 28.659 100.161 37.828
201412 29.222 100.225 38.546
201503 29.424 99.950 38.919
201506 28.485 99.995 37.661
201509 33.889 100.228 44.701
201512 33.243 100.276 43.828
201603 33.072 100.751 43.397
201606 32.705 101.019 42.801
201609 32.846 101.138 42.936
201612 34.028 102.022 44.095
201703 33.975 102.022 44.027
201706 33.947 102.752 43.678
201709 33.844 103.279 43.323
201712 34.622 103.793 44.100
201803 35.855 103.962 45.596
201806 36.042 104.875 45.435
201809 35.933 105.679 44.953
201812 37.313 105.912 46.576
201903 37.905 105.886 47.327
201906 37.596 106.742 46.565
201909 38.685 107.214 47.702
201912 38.725 107.766 47.507
202003 40.230 106.563 49.911
202006 39.450 107.498 48.517
202009 40.597 107.635 49.864
202012 40.915 108.296 49.948
202103 42.546 108.360 51.909
202106 41.742 108.928 50.662
202109 43.198 110.338 51.759
202112 45.720 112.486 53.735
202203 47.688 114.825 54.906
202206 48.164 118.384 53.787
202209 50.722 122.296 54.832
202212 53.897 126.365 56.388
202303 55.056 127.042 57.294
202306 54.746 129.407 55.930
202309 55.539 130.224 56.384
202312 57.034 131.912 57.161
202403 58.960 132.205 58.960

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.


Scandbook Holding AB  (OSTO:SBOK) 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.


Scandbook Holding AB Cyclically Adjusted PB Ratio Related Terms

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


Scandbook Holding AB (OSTO:SBOK) Business Description

Traded in Other Exchanges
N/A
Address
Lovasvagen 24, Falun, SWE, 791 45
Scandbook Holding AB is engaged in the production of hard/soft cover books of various sizes and with cover options. It offers case-bound hardback books with colored or printed paper wrapped with a dust jacket; case-bound hardback books covered with printed paper glued to the cover board; and books with softcovers and paperbacks, as well as with flaps.

Scandbook Holding AB (OSTO:SBOK) Headlines

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