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Starbreeze AB (OSTO:STAR B) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 04, 2024)


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What is Starbreeze AB Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Starbreeze AB's current share price is kr0.339. Starbreeze AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.21. Starbreeze AB's Cyclically Adjusted PB Ratio for today is 0.28.

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

OSTO:STAR B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.88   Max: 11.68
Current: 0.26

During the past years, Starbreeze AB's highest Cyclically Adjusted PB Ratio was 11.68. The lowest was 0.16. And the median was 0.88.

OSTO:STAR B's Cyclically Adjusted PB Ratio is ranked better than
91.92% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs OSTO:STAR B: 0.26

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.

Starbreeze AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr0.589. 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 kr1.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbreeze AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Starbreeze 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.

Starbreeze AB Cyclically Adjusted PB Ratio Chart

Starbreeze AB Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.80 0.78 1.10 0.39

Starbreeze 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 1.30 0.74 0.50 0.39 0.20

Competitive Comparison of Starbreeze AB's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Starbreeze 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.


Starbreeze AB's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Starbreeze AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Starbreeze 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.339/1.21
=0.28

* 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.

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

For example, Starbreeze 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)
=0.589/132.2054*132.2054
=0.589

Current CPI (Mar. 2024) = 132.2054.

Starbreeze AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.630 100.432 0.829
201409 0.814 100.161 1.074
201412 0.885 100.225 1.167
201503 0.940 99.950 1.243
201506 0.650 99.995 0.859
201509 0.934 100.228 1.232
201512 0.000 100.276 0.000
201603 1.255 100.751 1.647
201606 1.955 101.019 2.559
201609 2.008 101.138 2.625
201612 2.752 102.022 3.566
201703 2.631 102.022 3.409
201706 2.680 102.752 3.448
201709 2.600 103.279 3.328
201712 2.519 103.793 3.209
201803 2.854 103.962 3.629
201806 3.021 104.875 3.808
201809 2.916 105.679 3.648
201812 0.504 105.912 0.629
201903 0.326 105.886 0.407
201906 0.311 106.742 0.385
201909 0.187 107.214 0.231
201912 0.011 107.766 0.013
202003 0.049 106.563 0.061
202006 0.039 107.498 0.048
202009 0.266 107.635 0.327
202012 0.256 108.296 0.313
202103 0.307 108.360 0.375
202106 0.203 108.928 0.246
202109 0.155 110.338 0.186
202112 0.138 112.486 0.162
202203 0.110 114.825 0.127
202206 0.094 118.384 0.105
202209 0.082 122.296 0.089
202212 0.064 126.365 0.067
202303 0.035 127.042 0.036
202306 0.354 129.407 0.362
202309 0.666 130.224 0.676
202312 0.606 131.912 0.607
202403 0.589 132.205 0.589

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.


Starbreeze AB  (OSTO:STAR 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.


Starbreeze AB Cyclically Adjusted PB Ratio Related Terms

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


Starbreeze AB (OSTO:STAR B) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 38, Box 7731, Stockholm, SWE, 103 95
Starbreeze AB is a creator, publisher, and distributor of entertainment products. It mainly develops and publishes games. Its games market by segments includes Console, PC, and Mobile in which the Mobile segment generates key revenue. Geographically, the company's majority revenue is generated from the Asia-pacific region.

Starbreeze AB (OSTO:STAR B) Headlines

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