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ABgax (STU:EFEA) Cyclically Adjusted PB Ratio : 5.26 (As of Sep. 21, 2024)


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What is ABgax Cyclically Adjusted PB Ratio?

As of today (2024-09-21), ABgax's current share price is €23.60. ABgax's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €4.49. ABgax's Cyclically Adjusted PB Ratio for today is 5.26.

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

STU:EFEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.13   Med: 6.16   Max: 13.88
Current: 5.26

During the past years, ABgax's highest Cyclically Adjusted PB Ratio was 13.88. The lowest was 4.13. And the median was 6.16.

STU:EFEA's Cyclically Adjusted PB Ratio is ranked worse than
96.4% of 1304 companies
in the Real Estate industry
Industry Median: 0.645 vs STU:EFEA: 5.26

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 Jun. 2024 was €7.140. 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 €4.49 for the trailing ten years ended in Jun. 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
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.79 4.49 5.60 5.54 5.16

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
=23.60/4.49
=5.26

* 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 Jun. 2024 is calculated as:

For example, ABgax's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=7.14/132.7160*132.7160
=7.140

Current CPI (Jun. 2024) = 132.7160.

ABgax Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.382 100.161 1.831
201412 1.526 100.225 2.021
201503 1.636 99.950 2.172
201506 1.720 99.995 2.283
201509 1.765 100.228 2.337
201512 2.042 100.276 2.703
201603 2.135 100.751 2.812
201606 2.242 101.019 2.945
201609 2.314 101.138 3.037
201612 2.676 102.022 3.481
201703 2.899 102.022 3.771
201706 2.628 102.752 3.394
201709 2.805 103.279 3.604
201712 3.000 103.793 3.836
201803 3.180 103.962 4.060
201806 3.254 104.875 4.118
201809 3.357 105.679 4.216
201812 3.584 105.912 4.491
201903 3.724 105.886 4.668
201906 3.767 106.742 4.684
201909 3.939 107.214 4.876
201912 4.325 107.766 5.326
202003 4.415 106.563 5.499
202006 4.396 107.498 5.427
202009 4.661 107.635 5.747
202012 4.981 108.296 6.104
202103 5.494 108.360 6.729
202106 5.678 108.928 6.918
202109 6.019 110.338 7.240
202112 6.817 112.486 8.043
202203 7.010 114.825 8.102
202206 6.839 118.384 7.667
202209 6.895 122.296 7.482
202212 6.851 126.365 7.195
202303 6.682 127.042 6.980
202306 6.545 129.407 6.712
202309 6.532 130.224 6.657
202312 7.038 131.912 7.081
202403 7.236 132.205 7.264
202406 7.140 132.716 7.140

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  (STU:EFEA) 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 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.

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