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ECOMB AB (XSAT:ECOM) Cyclically Adjusted PB Ratio : 0.57 (As of Sep. 26, 2024)


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What is ECOMB AB Cyclically Adjusted PB Ratio?

As of today (2024-09-26), ECOMB AB's current share price is kr0.125. ECOMB AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was kr0.22. ECOMB AB's Cyclically Adjusted PB Ratio for today is 0.57.

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

XSAT:ECOM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.59   Max: 1.23
Current: 0.57

During the past years, ECOMB AB's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.38. And the median was 0.59.

XSAT:ECOM's Cyclically Adjusted PB Ratio is ranked better than
86.52% of 1906 companies
in the Industrial Products industry
Industry Median: 1.74 vs XSAT:ECOM: 0.57

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.

ECOMB AB's adjusted book value per share data for the three months ended in Jun. 2024 was kr-0.032. 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 kr0.22 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ECOMB AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ECOMB 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.

ECOMB AB Cyclically Adjusted PB Ratio Chart

ECOMB AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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ECOMB AB 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 - - - 1.18 0.69

Competitive Comparison of ECOMB AB's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, ECOMB 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.


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

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

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



ECOMB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.125/0.22
=0.57

* 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.

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

For example, ECOMB AB'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)
=-0.032/132.7160*132.7160
=-0.032

Current CPI (Jun. 2024) = 132.7160.

ECOMB AB Quarterly Data

Book Value per Share CPI Adj_Book
201006 0.000 96.373 0.000
201012 0.629 98.211 0.850
201106 0.502 99.341 0.671
201112 0.715 100.458 0.945
201206 0.441 100.352 0.583
201212 0.119 100.403 0.157
201306 -0.132 100.206 -0.175
201312 -0.298 100.541 -0.393
201406 0.391 100.432 0.517
201412 0.275 100.225 0.364
201506 0.387 99.995 0.514
201512 0.366 100.276 0.484
201606 0.310 101.019 0.407
201612 0.211 102.022 0.274
201706 0.111 102.752 0.143
201712 -0.030 103.793 -0.038
201806 -0.094 104.875 -0.119
201812 -0.003 105.912 -0.004
201903 0.000 105.886 0.000
201906 -0.040 106.742 -0.050
201909 0.000 107.214 0.000
201912 0.211 107.766 0.260
202003 -0.019 106.563 -0.024
202006 0.012 107.498 0.015
202009 0.187 107.635 0.231
202012 0.362 108.296 0.444
202103 0.294 108.360 0.360
202106 0.284 108.928 0.346
202109 0.258 110.338 0.310
202112 0.221 112.486 0.261
202203 0.083 114.825 0.096
202206 0.115 118.384 0.129
202209 0.090 122.296 0.098
202212 0.177 126.365 0.186
202303 0.069 127.042 0.072
202306 0.077 129.407 0.079
202309 0.030 130.224 0.031
202312 0.123 131.912 0.124
202403 -0.011 132.205 -0.011
202406 -0.032 132.716 -0.032

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.


ECOMB AB  (XSAT:ECOM) 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.


ECOMB AB Cyclically Adjusted PB Ratio Related Terms

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


ECOMB AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tallvagen 2, Sodertalje, SWE
ECOMB AB is an environmental product technology company. The company has a developed a system for boilers and furnaces that reduces pollutants like nitrogen oxides, carbon monoxide and VOC in the flue gas. Its business activities include manufacturing of the patented Ecotube System, ancillaries, control software and installation.