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Bjorn Borg AB (FRA:6BB0) Cyclically Adjusted PB Ratio : 3.88 (As of May. 24, 2024)


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What is Bjorn Borg AB Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Bjorn Borg AB's current share price is €4.735. Bjorn Borg AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.22. Bjorn Borg AB's Cyclically Adjusted PB Ratio for today is 3.88.

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

FRA:6BB0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.03   Max: 3.99
Current: 3.92

During the past years, Bjorn Borg AB's highest Cyclically Adjusted PB Ratio was 3.99. The lowest was 0.81. And the median was 2.03.

FRA:6BB0's Cyclically Adjusted PB Ratio is ranked worse than
86.09% of 683 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.03 vs FRA:6BB0: 3.92

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.

Bjorn Borg AB's adjusted book value per share data for the three months ended in Mar. 2024 was €1.347. 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 €1.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bjorn Borg AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bjorn Borg 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.

Bjorn Borg AB Cyclically Adjusted PB Ratio Chart

Bjorn Borg 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 1.89 1.56 3.95 2.21 3.11

Bjorn Borg 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 2.69 3.00 2.55 3.11 3.52

Competitive Comparison of Bjorn Borg AB's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Bjorn Borg 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.


Bjorn Borg AB's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bjorn Borg AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bjorn Borg 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.735/1.22
=3.88

* 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.

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

For example, Bjorn Borg 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)
=1.347/132.2054*132.2054
=1.347

Current CPI (Mar. 2024) = 132.2054.

Bjorn Borg AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.190 100.432 1.566
201409 1.312 100.161 1.732
201412 1.227 100.225 1.619
201503 1.295 99.950 1.713
201506 1.130 99.995 1.494
201509 1.213 100.228 1.600
201512 1.278 100.276 1.685
201603 1.314 100.751 1.724
201606 1.080 101.019 1.413
201609 1.160 101.138 1.516
201612 1.185 102.022 1.536
201703 1.232 102.022 1.596
201706 0.996 102.752 1.281
201709 1.111 103.279 1.422
201712 1.109 103.793 1.413
201803 1.138 103.962 1.447
201806 0.935 104.875 1.179
201809 1.026 105.679 1.284
201812 1.113 105.912 1.389
201903 1.152 105.886 1.438
201906 0.933 106.742 1.156
201909 1.024 107.214 1.263
201912 1.027 107.766 1.260
202003 1.030 106.563 1.278
202006 1.008 107.498 1.240
202009 1.112 107.635 1.366
202012 1.158 108.296 1.414
202103 1.226 108.360 1.496
202106 1.137 108.928 1.380
202109 1.293 110.338 1.549
202112 1.317 112.486 1.548
202203 1.372 114.825 1.580
202206 1.136 118.384 1.269
202209 1.195 122.296 1.292
202212 1.199 126.365 1.254
202303 1.245 127.042 1.296
202306 1.085 129.407 1.108
202309 1.166 130.224 1.184
202312 1.270 131.912 1.273
202403 1.347 132.205 1.347

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.


Bjorn Borg AB  (FRA:6BB0) 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.


Bjorn Borg AB Cyclically Adjusted PB Ratio Related Terms

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


Bjorn Borg AB (FRA:6BB0) Business Description

Traded in Other Exchanges
Address
Frösundaviks allé 1, Solna, Stockholm, SWE, SE-169 70
Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.

Bjorn Borg AB (FRA:6BB0) Headlines

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