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Signatur Fastigheter AB (OSTO:SIGN B) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Signatur Fastigheter AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Signatur Fastigheter AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Signatur Fastigheter 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.

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Signatur Fastigheter AB Cyclically Adjusted PB Ratio Chart

Signatur Fastigheter AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Signatur Fastigheter AB Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of Signatur Fastigheter AB's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Signatur Fastigheter 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.


Signatur Fastigheter AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Signatur Fastigheter AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Signatur Fastigheter 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.

Signatur Fastigheter AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, Signatur Fastigheter AB's adjusted Book Value per Share data for the three months ended in Jun. 2021 was:

Adj_Book=Book Value per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=18.044/108.9276*108.9276
=18.044

Current CPI (Jun. 2021) = 108.9276.

Signatur Fastigheter AB Quarterly Data

Book Value per Share CPI Adj_Book
201109 303.501 100.021 330.529
201112 272.080 100.458 295.020
201203 277.404 100.464 300.774
201206 246.993 100.352 268.099
201209 62.416 100.467 67.672
201212 60.670 100.403 65.821
201303 59.385 100.416 64.419
201306 50.097 100.206 54.457
201309 118.751 100.544 128.653
201312 109.654 100.541 118.801
201403 229.244 99.788 250.242
201406 79.639 100.432 86.376
201409 60.350 100.161 65.632
201412 42.248 100.225 45.917
201503 90.271 99.950 98.379
201506 69.082 99.995 75.253
201509 54.231 100.228 58.938
201512 45.203 100.276 49.103
201603 29.031 100.751 31.387
201606 62.091 101.019 66.952
201609 52.219 101.138 56.241
201612 40.154 102.022 42.872
201703 26.787 102.022 28.600
201706 36.673 102.752 38.877
201709 30.528 103.279 32.198
201712 24.979 103.793 26.215
201803 9.252 103.962 9.694
201806 6.368 104.875 6.614
201809 6.369 105.679 6.565
201812 286.858 105.912 295.026
201903 -2.852 105.886 -2.934
201906 -4.687 106.742 -4.783
201909 -4.104 107.214 -4.170
201912 15.136 107.766 15.299
202003 15.071 106.563 15.405
202006 15.813 107.498 16.023
202009 16.357 107.635 16.553
202012 16.706 108.296 16.803
202103 17.061 108.360 17.150
202106 18.044 108.928 18.044

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.


Signatur Fastigheter AB  (OSTO:SIGN 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.


Signatur Fastigheter AB Cyclically Adjusted PB Ratio Related Terms

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Signatur Fastigheter AB (OSTO:SIGN B) Business Description

Traded in Other Exchanges
N/A
Address
Stjarnplan 3, Limhamn, SWE, 216 18
Signatur Fastigheter AB is a real estate company providing housing and community properties. The company's property portfolio includes housing, industrial and office.

Signatur Fastigheter AB (OSTO:SIGN B) Headlines

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