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Sectra AB (OSTO:SECT B) Cyclically Adjusted PB Ratio : 62.29 (As of Jun. 25, 2025)


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What is Sectra AB Cyclically Adjusted PB Ratio?

As of today (2025-06-25), Sectra AB's current share price is kr337.00. Sectra AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was kr5.41. Sectra AB's Cyclically Adjusted PB Ratio for today is 62.29.

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

OSTO:SECT B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.34   Med: 19.85   Max: 65.58
Current: 58.01

During the past years, Sectra AB's highest Cyclically Adjusted PB Ratio was 65.58. The lowest was 4.34. And the median was 19.85.

OSTO:SECT B's Cyclically Adjusted PB Ratio is ranked worse than
99.8% of 499 companies
in the Medical Devices & Instruments industry
Industry Median: 1.87 vs OSTO:SECT B: 58.01

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.

Sectra AB's adjusted book value per share data for the three months ended in Apr. 2025 was kr9.949. 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 kr5.41 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sectra AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sectra 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.

Sectra AB Cyclically Adjusted PB Ratio Chart

Sectra AB Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.67 17.93 26.44 40.59 54.83

Sectra AB Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 40.59 48.37 55.19 48.16 54.83

Competitive Comparison of Sectra AB's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Sectra 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.


Sectra AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sectra AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Sectra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=337.00/5.41
=62.29

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=9.949/132.8245*132.8245
=9.949

Current CPI (Apr. 2025) = 132.8245.

Sectra AB Quarterly Data

Book Value per Share CPI Adj_Book
201507 3.536 100.027 4.695
201510 2.722 100.301 3.605
201601 2.749 99.931 3.654
201604 2.910 100.732 3.837
201607 3.073 101.080 4.038
201610 2.346 101.485 3.070
201701 2.575 101.326 3.375
201704 3.031 102.615 3.923
201707 2.961 103.301 3.807
201710 2.353 103.202 3.028
201801 2.628 102.925 3.391
201804 3.468 104.390 4.413
201807 3.218 105.420 4.055
201810 2.573 105.545 3.238
201901 2.941 104.855 3.725
201904 3.796 106.627 4.729
201907 3.866 107.166 4.792
201910 3.220 107.243 3.988
202001 3.762 106.215 4.704
202004 4.245 106.240 5.307
202007 4.189 107.731 5.165
202010 3.688 107.539 4.555
202101 3.953 107.897 4.866
202104 4.650 108.624 5.686
202107 5.057 109.218 6.150
202110 5.381 110.562 6.465
202201 4.978 111.876 5.910
202204 5.609 115.534 6.448
202207 5.917 118.489 6.633
202210 5.540 122.561 6.004
202301 5.938 124.942 6.313
202304 6.730 127.632 7.004
202307 7.196 129.464 7.383
202310 6.962 130.549 7.083
202401 7.204 131.720 7.264
202404 8.147 132.601 8.161
202407 8.586 132.831 8.586
202410 7.953 132.604 7.966
202501 9.405 132.943 9.397
202504 9.949 132.825 9.949

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.


Sectra AB  (OSTO:SECT 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.


Sectra AB Cyclically Adjusted PB Ratio Related Terms

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


Sectra AB Business Description

Traded in Other Exchanges
Address
Teknikringen 20, Linkoping, SWE, SE-583 30
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the Netherlands; North America; Australia/New Zealand; the United Kingdom, and the Rest of Europe.

Sectra AB Headlines

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