GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sweco AB (OSTO:SWEC B) » Definitions » Cyclically Adjusted PB Ratio

Sweco AB (OSTO:SWEC B) Cyclically Adjusted PB Ratio : 6.63 (As of Jun. 09, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sweco AB Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sweco AB's current share price is kr146.10. Sweco AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr22.05. Sweco AB's Cyclically Adjusted PB Ratio for today is 6.63.

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

OSTO:SWEC B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.71   Med: 8.21   Max: 15.15
Current: 6.6

During the past years, Sweco AB's highest Cyclically Adjusted PB Ratio was 15.15. The lowest was 4.71. And the median was 8.21.

OSTO:SWEC B's Cyclically Adjusted PB Ratio is ranked worse than
93.4% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs OSTO:SWEC B: 6.60

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.

Sweco AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr31.715. 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 kr22.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sweco AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sweco 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.

Sweco AB Cyclically Adjusted PB Ratio Chart

Sweco 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 11.19 12.32 11.67 5.44 6.35

Sweco 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 6.86 6.05 4.98 6.35 5.46

Competitive Comparison of Sweco AB's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Sweco 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.


Sweco AB's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Sweco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=146.10/22.05
=6.63

* 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.

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

For example, Sweco 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)
=31.715/132.2054*132.2054
=31.715

Current CPI (Mar. 2024) = 132.2054.

Sweco AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.631 100.432 7.412
201409 5.903 100.161 7.792
201412 6.606 100.225 8.714
201503 7.097 99.950 9.387
201506 6.518 99.995 8.618
201509 6.034 100.228 7.959
201512 13.661 100.276 18.011
201603 13.968 100.751 18.329
201606 13.584 101.019 17.778
201609 14.292 101.138 18.682
201612 15.123 102.022 19.597
201703 15.940 102.022 20.656
201706 14.963 102.752 19.252
201709 15.149 103.279 19.392
201712 16.294 103.793 20.754
201803 17.727 103.962 22.543
201806 16.978 104.875 21.403
201809 17.337 105.679 21.689
201812 17.534 105.912 21.887
201903 19.035 105.886 23.766
201906 18.136 106.742 22.462
201909 19.112 107.214 23.567
201912 20.244 107.766 24.835
202003 19.913 106.563 24.705
202006 21.092 107.498 25.940
202009 22.019 107.635 27.045
202012 21.250 108.296 25.942
202103 22.764 108.360 27.774
202106 21.587 108.928 26.200
202109 22.418 110.338 26.861
202112 24.040 112.486 28.254
202203 25.543 114.825 29.409
202206 24.728 118.384 27.615
202209 25.671 122.296 27.751
202212 27.715 126.365 28.996
202303 29.488 127.042 30.687
202306 28.835 129.407 29.459
202309 29.228 130.224 29.673
202312 29.487 131.912 29.553
202403 31.715 132.205 31.715

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.


Sweco AB  (OSTO:SWEC 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.


Sweco AB Cyclically Adjusted PB Ratio Related Terms

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


Sweco AB (OSTO:SWEC B) Business Description

Industry
Traded in Other Exchanges
Address
Gjorwellsgatan 22, Box 34044, Stockholm, SWE, SE-100 26
Sweco AB offers consulting, engineering services, technology, and architecture. It designs buildings, city districts, and transportation infrastructure to meet customers' needs. The company's planning and project management capabilities help to supply forecasts and site supervision. Part of the process focuses on providing the right conditions and climate for people to live and work in. Modern technical solutions help supply clean water, reliable energy supply, and resource-efficient industrial facilities to transform structures. The company's segments are sorted geographically: Sweden, Norway, Finland, Denmark, the Netherlands, Belgium, United Kingdom, and Germany and Central Europe. The largest portion of sales derives from Sweden, and the region is a focal point for profitability.

Sweco AB (OSTO:SWEC B) Headlines

No Headlines