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Bravida Holding AB (OSTO:BRAV) Cyclically Adjusted PB Ratio : 2.60 (As of Jun. 10, 2024)


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What is Bravida Holding AB Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Bravida Holding AB's current share price is kr84.40. Bravida Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr32.41. Bravida Holding AB's Cyclically Adjusted PB Ratio for today is 2.60.

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

OSTO:BRAV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 2.52   Max: 2.97
Current: 2.6

During the past years, Bravida Holding AB's highest Cyclically Adjusted PB Ratio was 2.97. The lowest was 2.16. And the median was 2.52.

OSTO:BRAV's Cyclically Adjusted PB Ratio is ranked worse than
78.04% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs OSTO:BRAV: 2.60

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.

Bravida Holding AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr41.694. 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 kr32.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bravida Holding AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bravida Holding 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.

Bravida Holding AB Cyclically Adjusted PB Ratio Chart

Bravida Holding 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 - - - - 2.54

Bravida Holding 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 - - - 2.54 2.90

Competitive Comparison of Bravida Holding AB's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Bravida Holding 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.


Bravida Holding AB's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bravida Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bravida Holding 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=84.40/32.41
=2.60

* 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.

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

For example, Bravida Holding 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)
=41.694/132.2054*132.2054
=41.694

Current CPI (Mar. 2024) = 132.2054.

Bravida Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.432 0.000
201409 0.000 100.161 0.000
201412 16.465 100.225 21.719
201503 0.000 99.950 0.000
201506 15.588 99.995 20.609
201509 16.347 100.228 21.562
201512 17.577 100.276 23.174
201603 18.019 100.751 23.644
201606 17.533 101.019 22.946
201609 17.900 101.138 23.399
201612 20.177 102.022 26.147
201703 20.886 102.022 27.065
201706 20.375 102.752 26.215
201709 21.219 103.279 27.162
201712 23.079 103.793 29.397
201803 24.364 103.962 30.983
201806 23.708 104.875 29.886
201809 24.613 105.679 30.791
201812 25.840 105.912 32.255
201903 27.072 105.886 33.801
201906 25.288 106.742 31.321
201909 26.344 107.214 32.485
201912 27.573 107.766 33.826
202003 28.368 106.563 35.194
202006 28.639 107.498 35.221
202009 29.718 107.635 36.502
202012 28.850 108.296 35.220
202103 30.398 108.360 37.087
202106 29.396 108.928 35.678
202109 30.596 110.338 36.660
202112 33.529 112.486 39.407
202203 34.699 114.825 39.951
202206 33.929 118.384 37.890
202209 35.476 122.296 38.350
202212 38.765 126.365 40.557
202303 39.939 127.042 41.562
202306 38.474 129.407 39.306
202309 39.572 130.224 40.174
202312 40.322 131.912 40.412
202403 41.694 132.205 41.694

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.


Bravida Holding AB  (OSTO:BRAV) 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.


Bravida Holding AB Cyclically Adjusted PB Ratio Related Terms

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


Bravida Holding AB (OSTO:BRAV) Business Description

Traded in Other Exchanges
Address
Mikrofonvagen 28, Stockholm, SWE, 126 81
Bravida Holding AB is a provider of installation and services for real estate and facilities in the Nordic region. Its services deliver energy, heating, cooling, water, and air components to properties, and help provide an environment suited to customer preferences. Technological systems and maintenance can modernize buildings and help to extend sustainable solutions. Revenue is roughly split between Bravida's two primary business divisions: installation and service. The combination of the two business activities allows the company to work with customers throughout the lifecycle of a property. It attempts to create long-term solutions and perform scheduled maintenance to ensure quality and monitor progress.

Bravida Holding AB (OSTO:BRAV) Headlines