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Trelleborg AB (Trelleborg AB) Cyclically Adjusted PB Ratio : 2.95 (As of May. 12, 2024)


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What is Trelleborg AB Cyclically Adjusted PB Ratio?

As of today (2024-05-12), Trelleborg AB's current share price is $35.10. Trelleborg AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.89. Trelleborg AB's Cyclically Adjusted PB Ratio for today is 2.95.

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

TBABF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.26   Max: 3.29
Current: 3.16

During the past years, Trelleborg AB's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 1.24. And the median was 2.26.

TBABF's Cyclically Adjusted PB Ratio is ranked worse than
71.66% of 2043 companies
in the Industrial Products industry
Industry Median: 1.81 vs TBABF: 3.16

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.

Trelleborg AB's adjusted book value per share data for the three months ended in Mar. 2024 was $17.217. 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 $11.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trelleborg AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Trelleborg 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.

Trelleborg AB Cyclically Adjusted PB Ratio Chart

Trelleborg 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 2.19 2.18 2.55 2.13 2.66

Trelleborg 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 2.55 2.17 2.20 2.66 2.95

Competitive Comparison of Trelleborg AB's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Trelleborg 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.


Trelleborg AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Trelleborg AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Trelleborg 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.10/11.89
=2.95

* 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.

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

For example, Trelleborg 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)
=17.217/130.9575*130.9575
=17.217

Current CPI (Mar. 2024) = 130.9575.

Trelleborg AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.658 100.432 11.290
201409 8.588 100.161 11.229
201412 8.591 100.225 11.225
201503 8.174 99.950 10.710
201506 8.139 99.995 10.659
201509 8.225 100.228 10.747
201512 8.088 100.276 10.563
201603 8.462 100.751 10.999
201606 10.336 101.019 13.399
201609 10.570 101.138 13.687
201612 10.072 102.022 12.929
201703 10.887 102.022 13.975
201706 11.027 102.752 14.054
201709 12.023 103.279 15.245
201712 11.963 103.793 15.094
201803 13.118 103.962 16.524
201806 12.287 104.875 15.343
201809 12.188 105.679 15.103
201812 12.307 105.912 15.217
201903 12.049 105.886 14.902
201906 12.278 106.742 15.063
201909 12.346 107.214 15.080
201912 11.284 107.766 13.712
202003 11.671 106.563 14.343
202006 11.878 107.498 14.470
202009 12.600 107.635 15.330
202012 12.768 108.296 15.440
202103 13.395 108.360 16.188
202106 13.344 108.928 16.043
202109 13.536 110.338 16.066
202112 13.389 112.486 15.588
202203 13.407 114.825 15.291
202206 13.328 118.384 14.744
202209 13.076 122.296 14.002
202212 14.036 126.365 14.546
202303 14.446 127.042 14.891
202306 16.395 129.407 16.592
202309 16.010 130.224 16.100
202312 16.709 130.958 16.709
202403 17.217 130.958 17.217

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.


Trelleborg AB  (OTCPK:TBABF) 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.


Trelleborg AB Cyclically Adjusted PB Ratio Related Terms

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


Trelleborg AB (Trelleborg AB) Business Description

Traded in Other Exchanges
Address
Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.