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Malmbergs Elektriska AB (OSTO:MEAB B) Cyclically Adjusted PB Ratio : 0.89 (As of May. 24, 2024)


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What is Malmbergs Elektriska AB Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Malmbergs Elektriska AB's current share price is kr42.00. Malmbergs Elektriska AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr47.33. Malmbergs Elektriska AB's Cyclically Adjusted PB Ratio for today is 0.89.

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

OSTO:MEAB B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.57   Max: 3.2
Current: 0.88

During the past years, Malmbergs Elektriska AB's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 0.84. And the median was 1.57.

OSTO:MEAB B's Cyclically Adjusted PB Ratio is ranked better than
74.04% of 1868 companies
in the Hardware industry
Industry Median: 1.66 vs OSTO:MEAB B: 0.88

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.

Malmbergs Elektriska AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr45.843. 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 kr47.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malmbergs Elektriska AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Malmbergs Elektriska 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.

Malmbergs Elektriska AB Cyclically Adjusted PB Ratio Chart

Malmbergs Elektriska 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 1.72 1.58 1.65 1.06 0.98

Malmbergs Elektriska 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 1.16 1.07 1.01 0.98 0.89

Competitive Comparison of Malmbergs Elektriska AB's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Malmbergs Elektriska 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.


Malmbergs Elektriska AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Malmbergs Elektriska AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malmbergs Elektriska 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.00/47.33
=0.89

* 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.

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

For example, Malmbergs Elektriska 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)
=45.843/132.2054*132.2054
=45.843

Current CPI (Mar. 2024) = 132.2054.

Malmbergs Elektriska AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.842 100.432 41.916
201409 34.377 100.161 45.375
201412 37.153 100.225 49.008
201503 39.988 99.950 52.893
201506 30.832 99.995 40.764
201509 32.952 100.228 43.465
201512 36.099 100.276 47.594
201603 38.193 100.751 50.117
201606 31.773 101.019 41.582
201609 34.314 101.138 44.855
201612 38.687 102.022 50.133
201703 40.063 102.022 51.916
201706 33.212 102.752 42.732
201709 33.740 103.279 43.190
201712 36.172 103.793 46.074
201803 38.064 103.962 48.405
201806 34.055 104.875 42.930
201809 35.013 105.679 43.802
201812 36.232 105.912 45.227
201903 37.461 105.886 46.772
201906 35.121 106.742 43.499
201909 36.496 107.214 45.003
201912 38.125 107.766 46.771
202003 39.277 106.563 48.728
202006 38.808 107.498 47.728
202009 39.542 107.635 48.568
202012 41.229 108.296 50.332
202103 42.916 108.360 52.360
202106 41.841 108.928 50.782
202109 42.969 110.338 51.485
202112 44.340 112.486 52.113
202203 45.249 114.825 52.098
202206 43.548 118.384 48.632
202209 45.341 122.296 49.015
202212 47.388 126.365 49.578
202303 48.368 127.042 50.334
202306 46.549 129.407 47.556
202309 47.053 130.224 47.769
202312 46.287 131.912 46.390
202403 45.843 132.205 45.843

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.


Malmbergs Elektriska AB  (OSTO:MEAB B) 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.


Malmbergs Elektriska AB Cyclically Adjusted PB Ratio Related Terms

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


Malmbergs Elektriska AB (OSTO:MEAB B) Business Description

Traded in Other Exchanges
N/A
Address
Västra Bangatan 54, Box 144, Kumla, SWE, 692 23
Malmbergs Elektriska AB is a supplier of electric materials for contractors, industries and retailers in the Nordic market. Its products include electric motors, electric meters, push buttons, downlights, industrial lighting, LED lamps, heating, frost guards and dehumidification.

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