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SMTEF (Smart Eye AB) Cyclically Adjusted PB Ratio : 1.90 (As of May. 29, 2025)


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What is Smart Eye AB Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Smart Eye AB's current share price is $4.62. Smart Eye AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was $2.43. Smart Eye AB's Cyclically Adjusted PB Ratio for today is 1.90.

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

SMTEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.8   Max: 4.25
Current: 2.51

During the past 11 years, Smart Eye AB's highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 1.56. And the median was 2.80.

SMTEF's Cyclically Adjusted PB Ratio is ranked better than
51.9% of 1422 companies
in the Software industry
Industry Median: 2.705 vs SMTEF: 2.51

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.

Smart Eye AB's adjusted book value per share data of for the fiscal year that ended in Dec24 was $3.920. 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 $2.43 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smart Eye AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Smart Eye 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.

Smart Eye AB Cyclically Adjusted PB Ratio Chart

Smart Eye AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.83 2.23

Smart Eye AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 2.23 -

Competitive Comparison of Smart Eye AB's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Smart Eye 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.


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

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

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


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Smart Eye 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.62/2.43
=1.90

* 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.

Smart Eye AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Smart Eye AB's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=3.92/132.9872*132.9872
=3.920

Current CPI (Dec24) = 132.9872.

Smart Eye AB Annual Data

Book Value per Share CPI Adj_Book
201512 0.124 100.276 0.164
201612 1.242 102.022 1.619
201712 0.714 103.793 0.915
201812 1.154 105.912 1.449
201912 1.428 107.766 1.762
202012 2.052 108.296 2.520
202112 5.829 112.486 6.891
202212 4.570 126.365 4.809
202312 4.318 131.912 4.353
202412 3.920 132.987 3.920

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.


Smart Eye AB  (OTCPK:SMTEF) 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.


Smart Eye AB Cyclically Adjusted PB Ratio Related Terms

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


Smart Eye AB Business Description

Industry
Traded in Other Exchanges
Address
Masthamnsgatan 3, Level 3, Gothenburg, SWE, SE-413 29
Smart Eye AB is engaged in developing and marketing eye-tracking technology that can measure, calculate, and predict where a person is looking. The company's eye-tracking technology and iMotions biosensor software platform are also used in behavioral research to enable research in academic and commercial sectors.