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OHB SE (XTER:OHB) Cyclically Adjusted PB Ratio : 4.32 (As of May. 25, 2025)


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What is OHB SE Cyclically Adjusted PB Ratio?

As of today (2025-05-25), OHB SE's current share price is €63.80. OHB SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €14.76. OHB SE's Cyclically Adjusted PB Ratio for today is 4.32.

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

XTER:OHB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.49   Med: 3.89   Max: 6.5
Current: 4.32

During the past years, OHB SE's highest Cyclically Adjusted PB Ratio was 6.50. The lowest was 2.49. And the median was 3.89.

XTER:OHB's Cyclically Adjusted PB Ratio is ranked worse than
63.24% of 204 companies
in the Aerospace & Defense industry
Industry Median: 2.875 vs XTER:OHB: 4.32

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.

OHB SE's adjusted book value per share data for the three months ended in Mar. 2025 was €21.000. 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 €14.76 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


OHB SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OHB SE'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.

OHB SE Cyclically Adjusted PB Ratio Chart

OHB SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 3.59 2.78 3.28 3.32

OHB SE Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.27 3.17 3.16 3.32 4.78

Competitive Comparison of OHB SE's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, OHB SE'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.


OHB SE's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OHB SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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OHB SE 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.

OHB SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.80/14.76
=4.32

* 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.

OHB SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, OHB SE's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=21/127.7792*127.7792
=21.000

Current CPI (Mar. 2025) = 127.7792.

OHB SE Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.183 100.417 10.413
201509 8.521 100.417 10.843
201512 8.934 99.717 11.448
201603 9.483 100.017 12.115
201606 9.349 100.717 11.861
201609 9.730 101.017 12.308
201612 9.699 101.217 12.244
201703 10.179 101.417 12.825
201706 10.177 102.117 12.734
201709 10.485 102.717 13.043
201712 10.791 102.617 13.437
201803 9.649 102.917 11.980
201806 9.498 104.017 11.668
201809 10.189 104.718 12.433
201812 10.190 104.217 12.494
201903 10.441 104.217 12.802
201906 10.319 105.718 12.472
201909 10.573 106.018 12.743
201912 10.442 105.818 12.609
202003 10.616 105.718 12.831
202006 11.092 106.618 13.294
202009 11.364 105.818 13.723
202012 11.830 105.518 14.326
202103 12.252 107.518 14.561
202106 12.666 108.486 14.919
202109 13.036 109.435 15.221
202112 13.332 110.384 15.433
202203 14.083 113.968 15.790
202206 14.617 115.760 16.135
202209 15.172 118.818 16.316
202212 15.302 119.345 16.383
202303 15.889 122.402 16.587
202306 15.671 123.140 16.261
202309 15.968 124.195 16.429
202312 21.356 123.773 22.047
202403 21.596 125.038 22.069
202406 21.632 125.882 21.958
202409 21.661 126.198 21.932
202412 20.725 127.041 20.845
202503 21.000 127.779 21.000

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.


OHB SE  (XTER:OHB) 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.


OHB SE Cyclically Adjusted PB Ratio Related Terms

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


OHB SE Business Description

Industry
Traded in Other Exchanges
Address
Manfred-Fuchs-Platz 2-4, Bremen, DEU, 28359
OHB SE provides space technology, security, telematics and satellite services. It has two business segments namely Space systems and Aerospace and industrial products. Space systems segment develops and produces low earth orbit and geostationary satellites for navigation, scientific, communication and earth observation purposes. The Aerospace and industrial products segment manufacture products for aviation, space travel, and electronic data transmission. It also supplies Ariane 5 programme and manufactures components for aircraft engines. The company derives the majority of its revenue from the space systems segment.

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