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Electrolux AB (STU:ELXC) Cyclically Adjusted PB Ratio : 1.51 (As of Jun. 17, 2024)


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What is Electrolux AB Cyclically Adjusted PB Ratio?

As of today (2024-06-17), Electrolux AB's current share price is €8.48. Electrolux AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.62. Electrolux AB's Cyclically Adjusted PB Ratio for today is 1.51.

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

STU:ELXC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.69   Max: 4.27
Current: 1.5

During the past years, Electrolux AB's highest Cyclically Adjusted PB Ratio was 4.27. The lowest was 1.33. And the median was 2.69.

STU:ELXC's Cyclically Adjusted PB Ratio is ranked worse than
51.91% of 314 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.43 vs STU:ELXC: 1.50

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.

Electrolux AB's adjusted book value per share data for the three months ended in Mar. 2024 was €3.593. 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 €5.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electrolux AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electrolux 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.

Electrolux AB Cyclically Adjusted PB Ratio Chart

Electrolux AB 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 2.56 2.94 3.69 2.24 1.58

Electrolux AB 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 1.91 2.17 1.64 1.58 1.46

Competitive Comparison of Electrolux AB's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Electrolux 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.


Electrolux AB's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Electrolux AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Electrolux 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.48/5.62
=1.51

* 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.

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

For example, Electrolux AB'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)
=3.593/132.2054*132.2054
=3.593

Current CPI (Mar. 2024) = 132.2054.

Electrolux AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.041 100.432 6.636
201409 5.808 100.161 7.666
201412 6.102 100.225 8.049
201503 5.841 99.950 7.726
201506 6.041 99.995 7.987
201509 5.894 100.228 7.774
201512 5.632 100.276 7.425
201603 5.223 100.751 6.854
201606 5.180 101.019 6.779
201609 5.711 101.138 7.465
201612 6.344 102.022 8.221
201703 6.084 102.022 7.884
201706 6.177 102.752 7.948
201709 6.686 103.279 8.559
201712 7.170 103.793 9.133
201803 7.442 103.962 9.464
201806 6.795 104.875 8.566
201809 6.896 105.679 8.627
201812 7.362 105.912 9.190
201903 7.544 105.886 9.419
201906 6.909 106.742 8.557
201909 6.956 107.214 8.577
201912 7.492 107.766 9.191
202003 5.897 106.563 7.316
202006 5.666 107.498 6.968
202009 6.625 107.635 8.137
202012 6.396 108.296 7.808
202103 6.742 108.360 8.226
202106 7.371 108.928 8.946
202109 5.986 110.338 7.172
202112 6.399 112.486 7.521
202203 6.102 114.825 7.026
202206 7.080 118.384 7.907
202209 6.910 122.296 7.470
202212 5.539 126.365 5.795
202303 5.264 127.042 5.478
202306 5.453 129.407 5.571
202309 5.224 130.224 5.304
202312 3.730 131.912 3.738
202403 3.593 132.205 3.593

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.


Electrolux AB  (STU:ELXC) 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.


Electrolux AB Cyclically Adjusted PB Ratio Related Terms

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


Electrolux AB (STU:ELXC) Business Description

Address
Street Goransgatan 143, Stadshagen, Stockholm, SWE, SE-105 45
Electrolux AB is a Sweden-based company that is principally engaged in manufacturing home appliances and appliances for professional use. Its products are categorized into kitchen products, laundry products, small appliances, professional kitchen products, professional laundry products, and adjacent products, with kitchen products accounting for more than half of total revenue. The company's brands include Electrolux, AEG, Zanussi, Frigidaire, and Electrolux Grand Cuisine. The company has a business presence, including North America, Europe, Latin America, Africa, the Middle East, and Asia, with North America and Europe jointly contributing over half of the total revenue.

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