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Eurocon Consulting AB (XSAT:EURO) Cyclically Adjusted PB Ratio : 5.07 (As of May. 17, 2024)


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What is Eurocon Consulting AB Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Eurocon Consulting AB's current share price is kr10.65. Eurocon Consulting AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was kr2.10. Eurocon Consulting AB's Cyclically Adjusted PB Ratio for today is 5.07.

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

XSAT:EURO's Cyclically Adjusted PB Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.565
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Eurocon Consulting AB's adjusted book value per share data for the three months ended in Dec. 2022 was kr2.761. 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 kr2.10 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eurocon Consulting AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eurocon Consulting 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.

Eurocon Consulting AB Cyclically Adjusted PB Ratio Chart

Eurocon Consulting AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 3.86 3.13 3.98 3.24

Eurocon Consulting AB Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 3.98 3.87 3.66 3.04 3.24

Competitive Comparison of Eurocon Consulting AB's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, Eurocon Consulting 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.


Eurocon Consulting AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eurocon Consulting AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eurocon Consulting 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.65/2.1
=5.07

* 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.

Eurocon Consulting AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Eurocon Consulting AB's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=2.761/126.3652*126.3652
=2.761

Current CPI (Dec. 2022) = 126.3652.

Eurocon Consulting AB Quarterly Data

Book Value per Share CPI Adj_Book
201303 1.274 100.416 1.603
201306 1.037 100.206 1.308
201309 1.213 100.544 1.525
201312 1.174 100.541 1.476
201403 1.261 99.788 1.597
201406 1.083 100.432 1.363
201409 1.142 100.161 1.441
201412 1.201 100.225 1.514
201503 1.312 99.950 1.659
201506 1.247 99.995 1.576
201509 1.311 100.228 1.653
201512 1.359 100.276 1.713
201603 1.417 100.751 1.777
201606 1.302 101.019 1.629
201609 1.357 101.138 1.695
201612 1.503 102.022 1.862
201703 1.685 102.022 2.087
201706 1.528 102.752 1.879
201709 1.614 103.279 1.975
201712 1.830 103.793 2.228
201803 2.114 103.962 2.570
201806 1.883 104.875 2.269
201809 1.975 105.679 2.362
201812 2.077 105.912 2.478
201903 2.165 105.886 2.584
201906 1.881 106.742 2.227
201909 1.884 107.214 2.221
201912 1.963 107.766 2.302
202003 2.015 106.563 2.389
202006 2.131 107.498 2.505
202009 2.147 107.635 2.521
202012 2.181 108.296 2.545
202103 2.261 108.360 2.637
202106 2.208 108.928 2.561
202109 2.294 110.338 2.627
202112 2.451 112.486 2.753
202203 2.689 114.825 2.959
202206 2.444 118.384 2.609
202209 2.552 122.296 2.637
202212 2.761 126.365 2.761

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.


Eurocon Consulting AB  (XSAT:EURO) 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.


Eurocon Consulting AB Cyclically Adjusted PB Ratio Related Terms

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Eurocon Consulting AB (XSAT:EURO) Business Description

Traded in Other Exchanges
N/A
Address
Horneborgsvagen 6, Domsjo, SWE, 892 50
Eurocon Consulting AB operates as a technical consulting company in Sweden and internationally. It has developed the SiteBase tool, which is a software suite that streamlines and quality assures information management in and around a facility or project. The company is focusing on the forest industry. It also offers engineering services in energy, mining, chemistry, workshop, installation technology, and life and pharmaceuticals.

Eurocon Consulting AB (XSAT:EURO) Headlines

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