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Gyldendal ASA (OSL:GYL) Cyclically Adjusted PB Ratio : 1.20 (As of Jun. 11, 2024)


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What is Gyldendal ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Gyldendal ASA's current share price is kr488.00. Gyldendal ASA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was kr406.47. Gyldendal ASA's Cyclically Adjusted PB Ratio for today is 1.20.

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

OSL:GYL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.41   Max: 1.91
Current: 1.2

During the past 13 years, Gyldendal ASA's highest Cyclically Adjusted PB Ratio was 1.91. The lowest was 1.13. And the median was 1.41.

OSL:GYL's Cyclically Adjusted PB Ratio is ranked worse than
53.81% of 695 companies
in the Media - Diversified industry
Industry Median: 1.1 vs OSL:GYL: 1.20

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.

Gyldendal ASA's adjusted book value per share data of for the fiscal year that ended in Dec23 was kr381.789. 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 kr406.47 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gyldendal ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gyldendal ASA'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.

Gyldendal ASA Cyclically Adjusted PB Ratio Chart

Gyldendal ASA 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 1.41 1.50 1.71 1.52 1.24

Gyldendal ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.71 - 1.52 - 1.24

Competitive Comparison of Gyldendal ASA's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Gyldendal ASA'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.


Gyldendal ASA's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gyldendal ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gyldendal ASA 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.

Gyldendal ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=488.00/406.47
=1.20

* 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.

Gyldendal ASA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Gyldendal ASA's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=381.789/131.9000*131.9000
=381.789

Current CPI (Dec23) = 131.9000.

Gyldendal ASA Annual Data

Book Value per Share CPI Adj_Book
201412 257.274 98.600 344.163
201512 283.445 100.900 370.529
201612 305.378 104.400 385.818
201712 328.282 106.100 408.109
201812 345.907 109.800 415.529
201912 356.813 111.300 422.854
202012 389.172 112.900 454.666
202112 415.216 118.900 460.614
202212 401.460 125.900 420.592
202312 381.789 131.900 381.789

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.


Gyldendal ASA  (OSL:GYL) 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.


Gyldendal ASA Cyclically Adjusted PB Ratio Related Terms

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Gyldendal ASA (OSL:GYL) Business Description

Traded in Other Exchanges
N/A
Address
Sehestedsgate 4, Oslo, NOR, 6860
Gyldendal ASA operates a publishing house in Norway. It offers a range of fiction, general literature, subject books and teaching materials in paper as well as electronic form. Gyldendal operates its bookstore chain through ARK Bokhandel AS.

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