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Plejd AB (XSAT:PLEJD) Cyclically Adjusted PB Ratio : 17.55 (As of Dec. 14, 2024)


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What is Plejd AB Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Plejd AB's current share price is kr383.00. Plejd AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr21.82. Plejd AB's Cyclically Adjusted PB Ratio for today is 17.55.

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

XSAT:PLEJD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 15.15   Med: 17.42   Max: 18.66
Current: 17.85

During the past years, Plejd AB's highest Cyclically Adjusted PB Ratio was 18.66. The lowest was 15.15. And the median was 17.42.

XSAT:PLEJD's Cyclically Adjusted PB Ratio is ranked worse than
96.84% of 2024 companies
in the Industrial Products industry
Industry Median: 2.205 vs XSAT:PLEJD: 17.85

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.

Plejd AB's adjusted book value per share data for the three months ended in Sep. 2024 was kr45.300. 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 kr21.82 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plejd AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plejd 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.

Plejd AB Cyclically Adjusted PB Ratio Chart

Plejd AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Plejd AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - 14.71

Competitive Comparison of Plejd AB's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Plejd 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.


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

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

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



Plejd 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=383.00/21.82
=17.55

* 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.

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

For example, Plejd AB's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=45.3/132.3043*132.3043
=45.300

Current CPI (Sep. 2024) = 132.3043.

Plejd AB Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.280 100.541 0.368
201412 0.528 100.225 0.697
201506 0.000 99.995 0.000
201509 0.000 100.228 0.000
201512 1.232 100.276 1.626
201603 0.000 100.751 0.000
201606 3.357 101.019 4.397
201609 2.853 101.138 3.732
201612 2.588 102.022 3.356
201703 3.841 102.022 4.981
201706 5.151 102.752 6.632
201709 5.270 103.279 6.751
201712 5.652 103.793 7.205
201803 5.975 103.962 7.604
201806 14.723 104.875 18.574
201809 14.598 105.679 18.276
201812 13.992 105.912 17.479
201903 13.241 105.886 16.545
201906 15.638 106.742 19.383
201909 14.878 107.214 18.360
201912 15.249 107.766 18.721
202003 15.560 106.563 19.319
202006 16.216 107.498 19.958
202009 16.523 107.635 20.310
202012 23.633 108.296 28.872
202103 24.471 108.360 29.878
202106 25.248 108.928 30.666
202109 26.163 110.338 31.372
202112 27.605 112.486 32.469
202203 29.084 114.825 33.511
202206 30.564 118.384 34.158
202209 31.635 122.296 34.224
202212 33.395 126.365 34.965
202303 34.533 127.042 35.964
202306 37.223 129.407 38.057
202309 37.832 130.224 38.437
202312 39.809 131.912 39.927
202403 41.838 132.205 41.869
202406 43.544 132.716 43.409
202409 45.300 132.304 45.300

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.


Plejd AB  (XSAT:PLEJD) 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.


Plejd AB Cyclically Adjusted PB Ratio Related Terms

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


Plejd AB Business Description

Traded in Other Exchanges
Address
Drottninggatan 29, Gothenburg, SWE, 411 14
Plejd AB develops products and services for smart lighting and home automation.

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