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ABgax (SAGXF) Cyclically Adjusted PB Ratio : 5.54 (As of Jun. 20, 2024)


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What is ABgax Cyclically Adjusted PB Ratio?

As of today (2024-06-20), ABgax's current share price is $22.95. ABgax's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.14. ABgax's Cyclically Adjusted PB Ratio for today is 5.54.

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

SAGXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.13   Med: 6.2   Max: 13.88
Current: 5.23

During the past years, ABgax's highest Cyclically Adjusted PB Ratio was 13.88. The lowest was 4.13. And the median was 6.20.

SAGXF's Cyclically Adjusted PB Ratio is ranked worse than
95.61% of 1413 companies
in the Real Estate industry
Industry Median: 0.69 vs SAGXF: 5.23

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.

ABgax's adjusted book value per share data for the three months ended in Mar. 2024 was $7.865. 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 $4.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABgax Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ABgax'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.

ABgax Cyclically Adjusted PB Ratio Chart

ABgax 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 6.76 7.09 10.08 5.89 5.60

ABgax 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 5.62 4.79 4.49 5.60 5.54

Competitive Comparison of ABgax's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, ABgax'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.


ABgax's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ABgax's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ABgax 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.

ABgax's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.95/4.14
=5.54

* 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.

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

For example, ABgax'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)
=7.865/132.2054*132.2054
=7.865

Current CPI (Mar. 2024) = 132.2054.

ABgax Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.852 100.432 2.438
201409 1.781 100.161 2.351
201412 1.882 100.225 2.483
201503 1.771 99.950 2.343
201506 1.931 99.995 2.553
201509 1.981 100.228 2.613
201512 2.224 100.276 2.932
201603 2.378 100.751 3.120
201606 2.519 101.019 3.297
201609 2.597 101.138 3.395
201612 2.823 102.022 3.658
201703 3.100 102.022 4.017
201706 2.952 102.752 3.798
201709 3.343 103.279 4.279
201712 3.551 103.793 4.523
201803 3.921 103.962 4.986
201806 3.802 104.875 4.793
201809 3.917 105.679 4.900
201812 4.077 105.912 5.089
201903 4.208 105.886 5.254
201906 4.257 106.742 5.273
201909 4.338 107.214 5.349
201912 4.806 107.766 5.896
202003 4.879 106.563 6.053
202006 4.951 107.498 6.089
202009 5.490 107.635 6.743
202012 6.059 108.296 7.397
202103 6.540 108.360 7.979
202106 6.840 108.928 8.302
202109 7.081 110.338 8.484
202112 7.702 112.486 9.052
202203 7.721 114.825 8.890
202206 7.229 118.384 8.073
202209 6.827 122.296 7.380
202212 7.258 126.365 7.593
202303 7.154 127.042 7.445
202306 7.091 129.407 7.244
202309 6.971 130.224 7.077
202312 7.675 131.912 7.692
202403 7.865 132.205 7.865

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.


ABgax  (OTCPK:SAGXF) 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.


ABgax Cyclically Adjusted PB Ratio Related Terms

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


ABgax (SAGXF) Business Description

Industry
Address
Engelbrektsplan 1, Stockholm, SWE, SE-114 34
AB Sagax is a property company that invests in commercial properties with a focus on the warehouse and light industry segment. The company owns properties in Sweden, Finland, Germany, and Denmark, with a total rental space of more than 3 million square metres. A significant proportion of the company's real estate portfolio is located in the Stockholm and Helsinki regions. The company's revenue consists primarily of rental income for the provision of premises, of which the majority is derived from the government, municipalities, or companies with significant sales.

ABgax (SAGXF) Headlines

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