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SKAKO A/S (OCSE:SKAKO) Cyclically Adjusted PB Ratio : 1.92 (As of Jun. 04, 2024)


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What is SKAKO A/S Cyclically Adjusted PB Ratio?

As of today (2024-06-04), SKAKO A/S's current share price is kr78.20. SKAKO A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr40.65. SKAKO A/S's Cyclically Adjusted PB Ratio for today is 1.92.

The historical rank and industry rank for SKAKO A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

OCSE:SKAKO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.7   Max: 2.82
Current: 1.92

During the past years, SKAKO A/S's highest Cyclically Adjusted PB Ratio was 2.82. The lowest was 1.22. And the median was 1.70.

OCSE:SKAKO's Cyclically Adjusted PB Ratio is ranked worse than
51.02% of 2148 companies
in the Industrial Products industry
Industry Median: 1.89 vs OCSE:SKAKO: 1.92

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.

SKAKO A/S's adjusted book value per share data for the three months ended in Mar. 2024 was kr30.151. 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 kr40.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SKAKO A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SKAKO A/S'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.

SKAKO A/S Cyclically Adjusted PB Ratio Chart

SKAKO A/S 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 1.63 1.64 1.69 1.67 2.57

SKAKO A/S 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 2.12 1.92 1.96 2.57 2.00

Competitive Comparison of SKAKO A/S's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, SKAKO A/S'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.


SKAKO A/S's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKAKO A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SKAKO A/S's Cyclically Adjusted PB Ratio falls into.



SKAKO A/S 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.

SKAKO A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.20/40.65
=1.92

* 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.

SKAKO A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SKAKO A/S'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)
=30.151/118.4000*118.4000
=30.151

Current CPI (Mar. 2024) = 118.4000.

SKAKO A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.768 99.700 24.663
201409 20.502 99.700 24.347
201412 22.898 99.400 27.275
201503 21.247 100.200 25.106
201506 23.214 100.300 27.403
201509 24.609 100.200 29.079
201512 27.533 99.800 32.664
201603 27.198 100.200 32.138
201606 29.265 100.600 34.443
201609 30.319 100.200 35.826
201612 33.192 100.300 39.182
201703 33.962 101.200 39.734
201706 35.207 101.200 41.191
201709 37.014 101.800 43.050
201712 31.033 101.300 36.272
201803 29.916 101.700 34.828
201806 29.676 102.300 34.346
201809 32.162 102.400 37.187
201812 35.367 102.100 41.013
201903 36.304 102.900 41.773
201906 36.855 102.900 42.407
201909 38.169 102.900 43.918
201912 40.345 102.900 46.422
202003 41.812 103.300 47.924
202006 43.237 103.200 49.605
202009 44.173 103.500 50.532
202012 41.264 103.400 47.250
202103 42.918 104.300 48.720
202106 40.352 105.000 45.502
202109 41.292 105.800 46.210
202112 42.880 106.600 47.627
202203 44.076 109.900 47.485
202206 41.482 113.600 43.235
202209 43.275 116.400 44.019
202212 47.398 115.900 48.420
202303 48.724 117.300 49.181
202306 46.230 116.400 47.024
202309 47.787 117.400 48.194
202312 69.739 116.700 70.755
202403 30.151 118.400 30.151

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.


SKAKO A/S  (OCSE:SKAKO) 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.


SKAKO A/S Cyclically Adjusted PB Ratio Related Terms

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


SKAKO A/S (OCSE:SKAKO) Business Description

Traded in Other Exchanges
N/A
Address
Bygmestervej 2, Faaborg, DNK, DK-5600
SKAKO A/S along with its subsidiaries operates in two business areas including SKAKO Vibration and SKAKO Concrete. SKAKO Vibration develops designs and sells high-end vibratory feeding, conveying, and screening equipment. SKAKO Concrete develops designs and sells a versatile high-end product range of all types of concrete batching plants for ready-mix, precast, and job site plants. It has a market presence in the United States, Europe, Africa, and the Rest of the world.

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