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Securitas AB (OSTO:SECU B) Cyclically Adjusted PB Ratio : 2.69 (As of Jul. 13, 2025)


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What is Securitas AB Cyclically Adjusted PB Ratio?

As of today (2025-07-13), Securitas AB's current share price is kr144.90. Securitas AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr53.79. Securitas AB's Cyclically Adjusted PB Ratio for today is 2.69.

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

OSTO:SECU B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.46   Max: 5.27
Current: 2.69

During the past years, Securitas AB's highest Cyclically Adjusted PB Ratio was 5.27. The lowest was 1.85. And the median was 3.46.

OSTO:SECU B's Cyclically Adjusted PB Ratio is ranked worse than
68.66% of 702 companies
in the Business Services industry
Industry Median: 1.595 vs OSTO:SECU B: 2.69

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.

Securitas AB's adjusted book value per share data for the three months ended in Mar. 2025 was kr70.723. 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 kr53.79 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitas AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Securitas 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.

Securitas AB Cyclically Adjusted PB Ratio Chart

Securitas 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 3.50 2.97 2.03 2.03 2.58

Securitas 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 2.22 2.06 2.49 2.58 2.64

Competitive Comparison of Securitas AB's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Securitas 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.


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

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

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


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Securitas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=144.90/53.79
=2.69

* 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.

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

For example, Securitas 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)
=70.723/132.8245*132.8245
=70.723

Current CPI (Mar. 2025) = 132.8245.

Securitas AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.865 99.995 34.357
201509 27.292 100.228 36.168
201512 28.495 100.276 37.744
201603 28.541 100.751 37.627
201606 27.890 101.019 36.671
201609 30.236 101.138 39.709
201612 33.624 102.022 43.776
201703 33.905 102.022 44.142
201706 31.666 102.752 40.934
201709 32.295 103.279 41.534
201712 35.345 103.793 45.231
201803 37.474 103.962 47.878
201806 37.395 104.875 47.361
201809 38.239 105.679 48.061
201812 40.161 105.912 50.366
201903 42.864 105.886 53.769
201906 40.749 106.742 50.706
201909 44.059 107.214 54.584
201912 44.588 107.766 54.956
202003 47.796 106.563 59.575
202006 45.748 107.498 56.526
202009 46.513 107.635 57.398
202012 40.323 108.296 49.456
202103 43.857 108.360 53.759
202106 41.253 108.928 50.303
202109 44.109 110.338 53.098
202112 45.290 112.486 53.479
202203 50.276 114.825 58.157
202206 53.915 118.384 60.492
202209 61.687 122.296 66.998
202212 63.576 126.365 66.826
202303 65.378 127.042 68.354
202306 66.135 129.407 67.882
202309 67.467 130.224 68.815
202312 64.049 131.912 64.492
202403 69.755 132.205 70.082
202406 67.561 132.716 67.616
202409 67.446 132.304 67.711
202412 74.489 132.987 74.398
202503 70.723 132.825 70.723

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.


Securitas AB  (OSTO:SECU 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.


Securitas AB Cyclically Adjusted PB Ratio Related Terms

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


Securitas AB Business Description

Traded in Other Exchanges
Address
Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas AB is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the security firm in manned guarding. The company has four segments: Securitas North America, Securitas Europe, Securitas Ibero-America and Other. It generates maximum revenue from Securitas Europe.

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