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Dedicare AB (OSTO:DEDI) Cyclically Adjusted PB Ratio : 3.25 (As of Jun. 10, 2024)


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What is Dedicare AB Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Dedicare AB's current share price is kr57.90. Dedicare AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr17.81. Dedicare AB's Cyclically Adjusted PB Ratio for today is 3.25.

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

OSTO:DEDI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.17   Med: 5.96   Max: 10.5
Current: 3.25

During the past years, Dedicare AB's highest Cyclically Adjusted PB Ratio was 10.50. The lowest was 3.17. And the median was 5.96.

OSTO:DEDI's Cyclically Adjusted PB Ratio is ranked worse than
74.19% of 682 companies
in the Business Services industry
Industry Median: 1.59 vs OSTO:DEDI: 3.25

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.

Dedicare AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr34.101. 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 kr17.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dedicare AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dedicare 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.

Dedicare AB Cyclically Adjusted PB Ratio Chart

Dedicare 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 4.64 4.11 6.27 8.63 6.67

Dedicare 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 9.74 7.63 5.45 6.67 5.66

Competitive Comparison of Dedicare AB's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Dedicare 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.


Dedicare AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dedicare AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dedicare 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.90/17.81
=3.25

* 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.

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

For example, Dedicare 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)
=34.101/132.2054*132.2054
=34.101

Current CPI (Mar. 2024) = 132.2054.

Dedicare AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.517 100.432 7.262
201409 6.829 100.161 9.014
201412 7.411 100.225 9.776
201503 8.399 99.950 11.109
201506 10.047 99.995 13.283
201509 10.555 100.228 13.923
201512 11.316 100.276 14.919
201603 12.224 100.751 16.040
201606 9.610 101.019 12.577
201609 11.723 101.138 15.324
201612 13.535 102.022 17.539
201703 15.747 102.022 20.406
201706 9.762 102.752 12.560
201709 11.154 103.279 14.278
201712 12.088 103.793 15.397
201803 13.285 103.962 16.894
201806 9.552 104.875 12.041
201809 10.767 105.679 13.470
201812 11.314 105.912 14.123
201903 11.805 105.886 14.739
201906 9.033 106.742 11.188
201909 9.895 107.214 12.202
201912 10.280 107.766 12.611
202003 10.228 106.563 12.689
202006 12.272 107.498 15.093
202009 13.549 107.635 16.642
202012 14.414 108.296 17.596
202103 15.955 108.360 19.466
202106 15.114 108.928 18.344
202109 17.008 110.338 20.379
202112 18.998 112.486 22.328
202203 21.468 114.825 24.717
202206 20.860 118.384 23.295
202209 24.159 122.296 26.117
202212 27.457 126.365 28.726
202303 30.345 127.042 31.578
202306 27.137 129.407 27.724
202309 29.845 130.224 30.299
202312 32.411 131.912 32.483
202403 34.101 132.205 34.101

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.


Dedicare AB  (OSTO:DEDI) 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.


Dedicare AB Cyclically Adjusted PB Ratio Related Terms

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


Dedicare AB (OSTO:DEDI) Business Description

Traded in Other Exchanges
Address
Ringvägen 100, 10 tr, Stockholm, SWE, 118 60
Dedicare AB is engaged in the business of hiring and recruiting doctors, nurses, medical secretaries and other staff in health care. The company also recruits social workers, social scientists, psychologists and other personnel in the industry of social work.

Dedicare AB (OSTO:DEDI) Headlines

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