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Rockwool AS (Rockwool AS) Cyclically Adjusted PB Ratio : 3.39 (As of Jun. 10, 2024)


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What is Rockwool AS Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Rockwool AS's current share price is $360.00. Rockwool AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $106.19. Rockwool AS's Cyclically Adjusted PB Ratio for today is 3.39.

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

RKWBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.18   Max: 5.35
Current: 3.76

During the past years, Rockwool AS's highest Cyclically Adjusted PB Ratio was 5.35. The lowest was 1.79. And the median was 3.18.

RKWBF's Cyclically Adjusted PB Ratio is ranked worse than
87.03% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs RKWBF: 3.76

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.

Rockwool AS's adjusted book value per share data for the three months ended in Mar. 2024 was $145.961. 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 $106.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockwool AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rockwool AS'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.

Rockwool AS Cyclically Adjusted PB Ratio Chart

Rockwool AS 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 2.87 3.84 4.10 2.40 2.72

Rockwool AS 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 2.40 2.51 2.39 2.72 3.01

Competitive Comparison of Rockwool AS's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Rockwool AS'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.


Rockwool AS's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Rockwool AS 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.

Rockwool AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=360.00/106.19
=3.39

* 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.

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

For example, Rockwool AS'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)
=145.961/118.4000*118.4000
=145.961

Current CPI (Mar. 2024) = 118.4000.

Rockwool AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 81.021 99.700 96.218
201409 79.601 99.700 94.531
201412 74.124 99.400 88.293
201503 69.085 100.200 81.633
201506 69.491 100.300 82.031
201509 67.974 100.200 80.321
201512 68.863 99.800 81.697
201603 72.017 100.200 85.098
201606 73.747 100.600 86.796
201609 76.063 100.200 89.879
201612 74.480 100.300 87.921
201703 77.753 101.200 90.968
201706 79.188 101.200 92.647
201709 85.893 101.800 99.899
201712 91.171 101.300 106.561
201803 97.327 101.700 113.309
201806 92.747 102.300 107.344
201809 96.843 102.400 111.975
201812 97.302 102.100 112.836
201903 101.338 102.900 116.603
201906 100.874 102.900 116.069
201909 103.233 102.900 118.783
201912 107.245 102.900 123.399
202003 105.723 103.300 121.177
202006 105.033 103.200 120.503
202009 110.573 103.500 126.491
202012 117.755 103.400 134.837
202103 120.415 104.300 136.694
202106 121.754 105.000 137.292
202109 123.951 105.800 138.713
202112 125.442 106.600 139.328
202203 125.379 109.900 135.076
202206 126.127 113.600 131.456
202209 120.660 116.400 122.733
202212 126.690 115.900 129.423
202303 129.833 117.300 131.051
202306 131.029 116.400 133.280
202309 133.474 117.400 134.611
202312 141.759 116.700 143.824
202403 145.961 118.400 145.961

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.


Rockwool AS  (OTCPK:RKWBF) 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.


Rockwool AS Cyclically Adjusted PB Ratio Related Terms

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


Rockwool AS (Rockwool AS) Business Description

Industry
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

Rockwool AS (Rockwool AS) Headlines

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