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SpectrumOne AB (OSTO:SPEONE) Cyclically Adjusted PB Ratio : 0.34 (As of Jun. 23, 2024)


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What is SpectrumOne AB Cyclically Adjusted PB Ratio?

As of today (2024-06-23), SpectrumOne AB's current share price is kr0.443. SpectrumOne AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.30. SpectrumOne AB's Cyclically Adjusted PB Ratio for today is 0.34.

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

OSTO:SPEONE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.62   Max: 3.04
Current: 0.34

During the past years, SpectrumOne AB's highest Cyclically Adjusted PB Ratio was 3.04. The lowest was 0.18. And the median was 0.62.

OSTO:SPEONE's Cyclically Adjusted PB Ratio is ranked better than
91.99% of 1424 companies
in the Software industry
Industry Median: 2.515 vs OSTO:SPEONE: 0.34

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.

SpectrumOne AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr-0.023. 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 kr1.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpectrumOne AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SpectrumOne 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.

SpectrumOne AB Cyclically Adjusted PB Ratio Chart

SpectrumOne 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 - 2.36 0.98 0.29 0.20

SpectrumOne 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 0.23 0.27 0.21 0.20 0.18

Competitive Comparison of SpectrumOne AB's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, SpectrumOne 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.


SpectrumOne AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SpectrumOne AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SpectrumOne 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.443/1.3
=0.34

* 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.

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

For example, SpectrumOne 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)
=-0.023/132.2054*132.2054
=-0.023

Current CPI (Mar. 2024) = 132.2054.

SpectrumOne AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.183 100.432 0.241
201409 0.266 100.161 0.351
201412 -0.227 100.225 -0.299
201503 -0.074 99.950 -0.098
201506 3.245 99.995 4.290
201509 4.573 100.228 6.032
201512 3.152 100.276 4.156
201603 2.755 100.751 3.615
201606 2.231 101.019 2.920
201609 1.966 101.138 2.570
201612 2.020 102.022 2.618
201703 1.716 102.022 2.224
201706 1.598 102.752 2.056
201709 1.844 103.279 2.360
201712 1.783 103.793 2.271
201803 1.482 103.962 1.885
201806 1.686 104.875 2.125
201809 1.507 105.679 1.885
201812 1.083 105.912 1.352
201903 0.852 105.886 1.064
201906 1.031 106.742 1.277
201909 0.375 107.214 0.462
201912 0.036 107.766 0.044
202003 0.147 106.563 0.182
202006 0.192 107.498 0.236
202009 0.216 107.635 0.265
202012 0.505 108.296 0.616
202103 0.569 108.360 0.694
202106 0.789 108.928 0.958
202109 0.792 110.338 0.949
202112 0.602 112.486 0.708
202203 0.546 114.825 0.629
202206 0.332 118.384 0.371
202209 0.332 122.296 0.359
202212 0.262 126.365 0.274
202303 0.177 127.042 0.184
202306 0.092 129.407 0.094
202309 0.043 130.224 0.044
202312 0.002 131.912 0.002
202403 -0.023 132.205 -0.023

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.


SpectrumOne AB  (OSTO:SPEONE) 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.


SpectrumOne AB Cyclically Adjusted PB Ratio Related Terms

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


SpectrumOne AB (OSTO:SPEONE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Karlavagen 60, Stockholm, SWE, 114 49
SpectrumOne AB is a Big Data Management Platform. It has offices in Sweden, Norway, and Belgium.

SpectrumOne AB (OSTO:SPEONE) Headlines

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