GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bjorn Borg AB (OSTO:BORG) » Definitions » Cyclically Adjusted PB Ratio

Bjorn Borg AB (OSTO:BORG) Cyclically Adjusted PB Ratio : 3.92 (As of May. 23, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Bjorn Borg AB Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Bjorn Borg AB's current share price is kr56.20. Bjorn Borg AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr14.33. Bjorn Borg AB's Cyclically Adjusted PB Ratio for today is 3.92.

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

OSTO:BORG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.03   Max: 3.99
Current: 3.93

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.

OSTO:BORG's Cyclically Adjusted PB Ratio is ranked worse than
86.16% of 679 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.03 vs OSTO:BORG: 3.93

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 kr15.246. 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 kr14.33 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
=56.20/14.33
=3.92

* 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.

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)
=15.246/132.2054*132.2054
=15.246

Current CPI (Mar. 2024) = 132.2054.

Bjorn Borg AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.809 100.432 14.229
201409 12.058 100.161 15.916
201412 11.546 100.225 15.230
201503 11.979 99.950 15.845
201506 10.480 99.995 13.856
201509 11.390 100.228 15.024
201512 11.826 100.276 15.592
201603 12.199 100.751 16.007
201606 10.080 101.019 13.192
201609 11.108 101.138 14.520
201612 11.507 102.022 14.911
201703 11.745 102.022 15.220
201706 9.714 102.752 12.498
201709 10.606 103.279 13.577
201712 11.011 103.793 14.025
201803 11.564 103.962 14.706
201806 9.610 104.875 12.114
201809 10.703 105.679 13.390
201812 11.435 105.912 14.274
201903 12.092 105.886 15.098
201906 9.913 106.742 12.278
201909 10.947 107.214 13.499
201912 10.767 107.766 13.209
202003 11.203 106.563 13.899
202006 10.568 107.498 12.997
202009 11.598 107.635 14.246
202012 11.782 108.296 14.383
202103 12.472 108.360 15.217
202106 11.503 108.928 13.961
202109 13.146 110.338 15.751
202112 13.523 112.486 15.894
202203 14.456 114.825 16.644
202206 12.046 118.384 13.452
202209 12.913 122.296 13.959
202212 13.178 126.365 13.787
202303 13.969 127.042 14.537
202306 12.662 129.407 12.936
202309 13.795 130.224 14.005
202312 14.201 131.912 14.233
202403 15.246 132.205 15.246

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  (OSTO:BORG) 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 (OSTO:BORG) 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 (OSTO:BORG) Headlines

No Headlines