GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Castellum AB (OTCPK:CWQXF) » Definitions » Cyclically Adjusted PB Ratio

Castellum AB (Castellum AB) Cyclically Adjusted PB Ratio : 0.89 (As of Apr. 28, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Castellum AB Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Castellum AB's current share price is $13.26. Castellum AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.96. Castellum AB's Cyclically Adjusted PB Ratio for today is 0.89.

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

CWQXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.89   Max: 2.71
Current: 0.89

During the past years, Castellum AB's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.71. And the median was 1.89.

CWQXF's Cyclically Adjusted PB Ratio is ranked worse than
60.54% of 1285 companies
in the Real Estate industry
Industry Median: 0.66 vs CWQXF: 0.89

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.

Castellum AB's adjusted book value per share data for the three months ended in Dec. 2023 was $15.274. 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 $14.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Castellum AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Castellum 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.

Castellum AB Cyclically Adjusted PB Ratio Chart

Castellum 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 2.35 2.00 1.99 0.81 0.98

Castellum AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.81 0.75 0.73 0.78 0.98

Competitive Comparison of Castellum AB's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Castellum 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.


Castellum AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Castellum AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Castellum 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.26/14.96
=0.89

* 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.

Castellum AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Castellum AB's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=15.274/130.9575*130.9575
=15.274

Current CPI (Dec. 2023) = 130.9575.

Castellum AB Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.735 99.788 11.463
201406 8.638 100.432 11.263
201409 8.232 100.161 10.763
201412 7.951 100.225 10.389
201503 6.938 99.950 9.090
201506 7.683 99.995 10.062
201509 7.710 100.228 10.074
201512 8.251 100.276 10.776
201603 8.290 100.751 10.775
201606 9.570 101.019 12.406
201609 9.930 101.138 12.858
201612 10.059 102.022 12.912
201703 10.410 102.022 13.363
201706 10.827 102.752 13.799
201709 12.033 103.279 15.258
201712 12.361 103.793 15.596
201803 12.334 103.962 15.537
201806 11.869 104.875 14.821
201809 12.855 105.679 15.930
201812 13.535 105.912 16.736
201903 13.056 105.886 16.147
201906 13.311 106.742 16.331
201909 13.231 107.214 16.161
201912 14.271 107.766 17.342
202003 13.315 106.563 16.363
202006 14.365 107.498 17.500
202009 15.463 107.635 18.814
202012 17.488 108.296 21.148
202103 17.839 108.360 21.559
202106 18.727 108.928 22.514
202109 22.803 110.338 27.064
202112 22.510 112.486 26.206
202203 21.702 114.825 24.751
202206 21.437 118.384 23.714
202209 19.555 122.296 20.940
202212 19.468 126.365 20.175
202303 18.159 127.042 18.719
202306 16.009 129.407 16.201
202309 15.275 130.224 15.361
202312 15.274 130.958 15.274

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.


Castellum AB  (OTCPK:CWQXF) 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.


Castellum AB Cyclically Adjusted PB Ratio Related Terms

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


Castellum AB (Castellum AB) Business Description

Industry
Traded in Other Exchanges
Address
Ostra Hamngatan 16, Gothenburg, SWE, 403 14
Castellum is a general real estate company. The company operates through its real estate rental segment that develops and rents properties in Sweden and Denmark. Castellum focuses on office, retail, industrial, and residential properties while also providing management services. The company invests in new construction, extensions, reconstructions, and acquisitions. Castellum's operational strategy is focused on cash flow growth and low financial risk, while its portfolio development is geared toward increasing density and quality.

Castellum AB (Castellum AB) Headlines

From GuruFocus

Castellum's Annual and Sustainability Report 2021

By PRNewswire PRNewswire 03-28-2022

Extraordinary General Meeting in Castellum AB (publ)

By PRNewswire PRNewswire 12-08-2022

Castellum divests properties for SEK 962 M

By PRNewswire PRNewswire 12-22-2022

Notification regarding Castellum's holding of its own shares

By PRNewswire PRNewswire 03-30-2022

Changes in Castellum's Board of Directors

By PRNewswire PRNewswire 02-03-2023

Invitation to presentation of Castellum's half-year report 2022

By PRNewswire PRNewswire 07-01-2022

Castellum: Interim report, January-September 2022

By PRNewswire PRNewswire 10-20-2022