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Rolling Optics Holding AB (Rolling Optics Holding AB) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Rolling Optics Holding AB Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rolling Optics Holding AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rolling Optics Holding 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.

Rolling Optics Holding AB Cyclically Adjusted PB Ratio Chart

Rolling Optics Holding 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 0.15 0.11 0.03 0.01 0.03

Rolling Optics Holding AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 0.05 0.03 0.03 0.04

Competitive Comparison of Rolling Optics Holding AB's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, Rolling Optics Holding 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.


Rolling Optics Holding AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rolling Optics Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rolling Optics Holding 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.

Rolling Optics Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Rolling Optics Holding AB's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.035/130.9575*130.9575
=0.035

Current CPI (Mar. 2024) = 130.9575.

Rolling Optics Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.255 100.432 8.156
201409 5.722 100.161 7.481
201412 5.276 100.225 6.894
201503 4.841 99.950 6.343
201506 4.992 99.995 6.538
201509 4.903 100.228 6.406
201512 4.859 100.276 6.346
201603 5.104 100.751 6.634
201606 5.077 101.019 6.582
201609 3.499 101.138 4.531
201612 3.625 102.022 4.653
201703 3.784 102.022 4.857
201706 3.759 102.752 4.791
201709 3.521 103.279 4.465
201712 3.297 103.793 4.160
201803 2.044 103.962 2.575
201806 1.380 104.875 1.723
201809 1.335 105.679 1.654
201812 0.973 105.912 1.203
201903 1.002 105.886 1.239
201906 1.003 106.742 1.231
201909 1.043 107.214 1.274
201912 0.158 107.766 0.192
202003 1.033 106.563 1.269
202006 0.061 107.498 0.074
202009 0.061 107.635 0.074
202012 0.077 108.296 0.093
202103 0.077 108.360 0.093
202106 0.075 108.928 0.090
202109 0.071 110.338 0.084
202112 0.062 112.486 0.072
202203 0.062 114.825 0.071
202206 0.056 118.384 0.062
202209 0.049 122.296 0.052
202212 0.050 126.365 0.052
202303 0.048 127.042 0.049
202306 0.027 129.407 0.027
202309 0.025 130.224 0.025
202312 0.037 130.958 0.037
202403 0.035 130.958 0.035

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.


Rolling Optics Holding AB  (OTCPK:ICTAF) 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.


Rolling Optics Holding AB Cyclically Adjusted PB Ratio Related Terms

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Rolling Optics Holding AB (Rolling Optics Holding AB) Business Description

Traded in Other Exchanges
Address
Strandvag 3, Solna, Stockholm, SWE, 171 54
Rolling Optics Holding AB is engaged in the business of supplying micro optical security materials and anti-counterfeit solutions for brand protection. The company operates in two areas - Brand Security, which protects companies and brands from counterfeits and High Security, which includes bank notes, ID cards and passports.

Rolling Optics Holding AB (Rolling Optics Holding AB) Headlines