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SSABF (SSAB AB) Cyclically Adjusted PB Ratio : 1.22 (As of May. 16, 2025)


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What is SSAB AB Cyclically Adjusted PB Ratio?

As of today (2025-05-16), SSAB AB's current share price is $6.50. SSAB AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $5.31. SSAB AB's Cyclically Adjusted PB Ratio for today is 1.22.

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

SSABF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.7   Max: 1.17
Current: 0.81

During the past years, SSAB AB's highest Cyclically Adjusted PB Ratio was 1.17. The lowest was 0.31. And the median was 0.70.

SSABF's Cyclically Adjusted PB Ratio is ranked worse than
50.81% of 433 companies
in the Steel industry
Industry Median: 0.8 vs SSABF: 0.81

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.

SSAB AB's adjusted book value per share data for the three months ended in Mar. 2025 was $6.763. 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 $5.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSAB AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SSAB 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.

SSAB AB Cyclically Adjusted PB Ratio Chart

SSAB 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 0.47 0.82 0.79 1.04 0.61

SSAB 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 1.07 0.79 0.72 0.61 0.84

Competitive Comparison of SSAB AB's Cyclically Adjusted PB Ratio

For the Steel subindustry, SSAB 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.


SSAB AB's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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SSAB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.50/5.31
=1.22

* 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.

SSAB AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, SSAB AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.763/132.8245*132.8245
=6.763

Current CPI (Mar. 2025) = 132.8245.

SSAB AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.161 99.995 9.512
201509 7.088 100.228 9.393
201512 6.837 100.276 9.056
201603 6.867 100.751 9.053
201606 5.882 101.019 7.734
201609 5.882 101.138 7.725
201612 5.578 102.022 7.262
201703 5.768 102.022 7.510
201706 5.890 102.752 7.614
201709 6.367 103.279 8.188
201712 6.159 103.793 7.882
201803 6.510 103.962 8.317
201806 6.419 104.875 8.130
201809 6.356 105.679 7.989
201812 6.391 105.912 8.015
201903 6.490 105.886 8.141
201906 6.390 106.742 7.951
201909 6.438 107.214 7.976
201912 6.209 107.766 7.653
202003 6.358 106.563 7.925
202006 6.273 107.498 7.751
202009 6.359 107.635 7.847
202012 6.268 108.296 7.688
202103 6.627 108.360 8.123
202106 6.984 108.928 8.516
202109 7.462 110.338 8.983
202112 7.849 112.486 9.268
202203 8.271 114.825 9.568
202206 8.895 118.384 9.980
202209 9.164 122.296 9.953
202212 6.281 126.365 6.602
202303 6.527 127.042 6.824
202306 6.104 129.407 6.265
202309 6.178 130.224 6.301
202312 6.541 131.912 6.586
202403 6.877 132.205 6.909
202406 6.535 132.716 6.540
202409 6.654 132.304 6.680
202412 6.482 132.987 6.474
202503 6.763 132.825 6.763

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.


SSAB AB  (OTCPK:SSABF) 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.


SSAB AB Cyclically Adjusted PB Ratio Related Terms

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


SSAB AB Business Description

Industry
Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.

SSAB AB Headlines

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