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Consensus Asset Management AB (XSAT:CAM B) Cyclically Adjusted PB Ratio : 2.05 (As of Jun. 20, 2024)


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What is Consensus Asset Management AB Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Consensus Asset Management AB's current share price is kr15.50. Consensus Asset Management AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr7.57. Consensus Asset Management AB's Cyclically Adjusted PB Ratio for today is 2.05.

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

XSAT:CAM B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 6.01   Max: 20.24
Current: 2.11

During the past years, Consensus Asset Management AB's highest Cyclically Adjusted PB Ratio was 20.24. The lowest was 1.46. And the median was 6.01.

XSAT:CAM B's Cyclically Adjusted PB Ratio is ranked worse than
86.7% of 955 companies
in the Asset Management industry
Industry Median: 0.79 vs XSAT:CAM B: 2.11

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.

Consensus Asset Management AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr6.306. 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 kr7.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Consensus Asset Management AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Consensus Asset Management 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.

Consensus Asset Management AB Cyclically Adjusted PB Ratio Chart

Consensus Asset Management 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 1.82 12.13 11.49 4.62 2.64

Consensus Asset Management 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 2.88 2.17 1.50 2.64 1.63

Competitive Comparison of Consensus Asset Management AB's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Consensus Asset Management 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.


Consensus Asset Management AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Consensus Asset Management AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Consensus Asset Management 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.

Consensus Asset Management AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.50/7.57
=2.05

* 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.

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

For example, Consensus Asset Management 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)
=6.306/132.2054*132.2054
=6.306

Current CPI (Mar. 2024) = 132.2054.

Consensus Asset Management AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.026 100.432 0.034
201409 0.126 100.161 0.166
201412 3.817 100.225 5.035
201503 0.047 99.950 0.062
201506 0.048 99.995 0.063
201509 0.044 100.228 0.058
201512 3.990 100.276 5.260
201603 0.034 100.751 0.045
201606 0.040 101.019 0.052
201609 0.037 101.138 0.048
201612 3.962 102.022 5.134
201703 0.041 102.022 0.053
201706 5.063 102.752 6.514
201709 5.350 103.279 6.848
201712 5.706 103.793 7.268
201803 6.107 103.962 7.766
201806 6.024 104.875 7.594
201809 5.813 105.679 7.272
201812 5.149 105.912 6.427
201903 5.199 105.886 6.491
201906 5.822 106.742 7.211
201909 5.824 107.214 7.182
201912 5.893 107.766 7.229
202003 7.201 106.563 8.934
202006 9.706 107.498 11.937
202009 12.533 107.635 15.394
202012 16.148 108.296 19.713
202103 20.940 108.360 25.548
202106 14.728 108.928 17.875
202109 15.621 110.338 18.717
202112 15.836 112.486 18.612
202203 15.474 114.825 17.816
202206 7.168 118.384 8.005
202209 6.495 122.296 7.021
202212 6.750 126.365 7.062
202303 6.714 127.042 6.987
202306 6.665 129.407 6.809
202309 5.921 130.224 6.011
202312 6.282 131.912 6.296
202403 6.306 132.205 6.306

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.


Consensus Asset Management AB  (XSAT:CAM B) 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.


Consensus Asset Management AB Cyclically Adjusted PB Ratio Related Terms

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


Consensus Asset Management AB (XSAT:CAM B) Business Description

Traded in Other Exchanges
N/A
Address
Krokslatts Parkgata 4, P.O.Box 234, Molndal, Gothenburg, SWE, 431 68
Consensus Asset Management AB is engaged in providing of asset management, foundation services, corporate finance and occupational pensions. Its services include structured products, discretionary management, hedge funds, and small company management.

Consensus Asset Management AB (XSAT:CAM B) Headlines

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