GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ependion AB (LTS:0GT8) » Definitions » Cyclically Adjusted PB Ratio

Ependion AB (LTS:0GT8) Cyclically Adjusted PB Ratio : 4.28 (As of Jun. 07, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Ependion AB Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Ependion AB's current share price is kr122.20. Ependion AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr28.54. Ependion AB's Cyclically Adjusted PB Ratio for today is 4.28.

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

LTS:0GT8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.51   Med: 2.62   Max: 5.77
Current: 4.11

During the past years, Ependion AB's highest Cyclically Adjusted PB Ratio was 5.77. The lowest was 1.51. And the median was 2.62.

LTS:0GT8's Cyclically Adjusted PB Ratio is ranked worse than
83.01% of 1895 companies
in the Hardware industry
Industry Median: 1.68 vs LTS:0GT8: 4.11

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.

Ependion AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr43.332. 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 kr28.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ependion AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ependion 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.

Ependion AB Cyclically Adjusted PB Ratio Chart

Ependion 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 3.49 1.91 3.40 4.14 4.26

Ependion 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 3.57 4.84 4.09 4.26 3.60

Competitive Comparison of Ependion AB's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Ependion 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.


Ependion AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Ependion 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=122.20/28.54
=4.28

* 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.

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

For example, Ependion 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)
=43.332/132.2054*132.2054
=43.332

Current CPI (Mar. 2024) = 132.2054.

Ependion AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.880 100.432 26.169
201409 21.182 100.161 27.959
201412 22.681 100.225 29.918
201503 25.872 99.950 34.221
201506 24.303 99.995 32.132
201509 24.042 100.228 31.713
201512 23.797 100.276 31.374
201603 21.423 100.751 28.111
201606 21.165 101.019 27.699
201609 18.605 101.138 24.320
201612 18.975 102.022 24.589
201703 19.336 102.022 25.057
201706 13.712 102.752 17.642
201709 20.266 103.279 25.942
201712 20.454 103.793 26.053
201803 10.134 103.962 12.887
201806 22.593 104.875 28.481
201809 22.448 105.679 28.083
201812 22.827 105.912 28.494
201903 24.096 105.886 30.085
201906 23.735 106.742 29.397
201909 24.848 107.214 30.640
201912 23.930 107.766 29.357
202003 25.599 106.563 31.759
202006 24.405 107.498 30.014
202009 24.206 107.635 29.732
202012 22.258 108.296 27.172
202103 23.422 108.360 28.576
202106 23.190 108.928 28.146
202109 24.521 110.338 29.381
202112 25.347 112.486 29.790
202203 26.222 114.825 30.191
202206 28.728 118.384 32.082
202209 33.042 122.296 35.719
202212 34.315 126.365 35.901
202303 36.315 127.042 37.791
202306 39.243 129.407 40.092
202309 40.719 130.224 41.339
202312 40.062 131.912 40.151
202403 43.332 132.205 43.332

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.


Ependion AB  (LTS:0GT8) 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.


Ependion AB Cyclically Adjusted PB Ratio Related Terms

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


Ependion AB (LTS:0GT8) Business Description

Industry
Traded in Other Exchanges
Address
Stora Varvsgatan 13a, Box 426, Malmo, SWE, SE-201 24
Ependion AB is an expansive global technology group delivering digital solutions for secure control, management, visualization, and data communication for industrial applications in environments where reliability and high quality are critical factors.

Ependion AB (LTS:0GT8) Headlines

No Headlines