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SkiStar AB (OSTO:SKIS B) Cyclically Adjusted PB Ratio : 3.99 (As of Jun. 25, 2024)


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What is SkiStar AB Cyclically Adjusted PB Ratio?

As of today (2024-06-25), SkiStar AB's current share price is kr149.90. SkiStar AB's Cyclically Adjusted Book per Share for the quarter that ended in May. 2024 was kr37.53. SkiStar AB's Cyclically Adjusted PB Ratio for today is 3.99.

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

OSTO:SKIS B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.86   Med: 4.64   Max: 6.95
Current: 3.88

During the past years, SkiStar AB's highest Cyclically Adjusted PB Ratio was 6.95. The lowest was 2.86. And the median was 4.64.

OSTO:SKIS B's Cyclically Adjusted PB Ratio is ranked worse than
82.02% of 623 companies
in the Travel & Leisure industry
Industry Median: 1.3 vs OSTO:SKIS B: 3.88

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.

SkiStar AB's adjusted book value per share data for the three months ended in May. 2024 was kr51.022. 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 kr37.53 for the trailing ten years ended in May. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SkiStar AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SkiStar 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.

SkiStar AB Cyclically Adjusted PB Ratio Chart

SkiStar AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.02 4.25 6.92 4.45 3.32

SkiStar AB Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 3.78 3.32 3.12 3.52 4.30

Competitive Comparison of SkiStar AB's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, SkiStar 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.


SkiStar AB's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SkiStar AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SkiStar 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=149.90/37.53
=3.99

* 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.

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

For example, SkiStar AB's adjusted Book Value per Share data for the three months ended in May. 2024 was:

Adj_Book=Book Value per Share/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=51.022/132.6011*132.6011
=51.022

Current CPI (May. 2024) = 132.6011.

SkiStar AB Quarterly Data

Book Value per Share CPI Adj_Book
201408 19.604 100.001 25.995
201411 16.638 100.068 22.047
201502 20.542 99.867 27.275
201505 22.751 100.285 30.082
201508 20.929 99.829 27.800
201511 18.530 100.129 24.539
201602 21.577 100.253 28.539
201605 24.608 100.914 32.335
201608 23.075 100.968 30.304
201611 20.863 101.517 27.251
201702 24.711 102.037 32.113
201705 27.887 102.679 36.014
201708 25.932 103.138 33.340
201711 23.750 103.413 30.453
201802 29.417 103.678 37.624
201805 31.402 104.632 39.796
201808 30.107 105.197 37.950
201811 28.114 105.443 35.355
201902 31.734 105.641 39.833
201905 35.111 106.895 43.555
201908 32.480 106.716 40.358
201911 29.196 107.345 36.065
202002 33.598 106.742 41.738
202005 33.143 106.882 41.118
202008 32.038 107.571 39.493
202011 28.754 107.549 35.452
202102 33.572 108.190 41.147
202105 34.307 108.838 41.797
202108 35.193 109.780 42.509
202111 31.300 111.069 37.368
202202 39.781 112.834 46.750
202205 45.202 116.746 51.341
202208 42.834 120.573 47.107
202211 37.646 123.803 40.321
202302 43.529 126.321 45.693
202305 46.382 128.034 48.036
202308 44.433 129.560 45.476
202311 38.883 130.958 39.371
202402 46.476 132.046 46.671
202405 51.022 132.601 51.022

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.


SkiStar AB  (OSTO:SKIS 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.


SkiStar AB Cyclically Adjusted PB Ratio Related Terms

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


SkiStar AB (OSTO:SKIS B) Business Description

Traded in Other Exchanges
Address
Salfjallsgarden, Salen, SWE, 78067
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, in Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has its own online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the below segments Operation of Mountain Resorts; Property Development and Operation of Hotels. The company also manages accommodation properties for hire, owns the land for development.

SkiStar AB (OSTO:SKIS B) Headlines

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