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Scandi Standard AB (OSTO:SCST) Cyclically Adjusted PB Ratio : 2.58 (As of Jun. 10, 2024)


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What is Scandi Standard AB Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Scandi Standard AB's current share price is kr76.40. Scandi Standard AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr29.60. Scandi Standard AB's Cyclically Adjusted PB Ratio for today is 2.58.

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

OSTO:SCST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 2   Max: 2.6
Current: 2.58

During the past years, Scandi Standard AB's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 1.55. And the median was 2.00.

OSTO:SCST's Cyclically Adjusted PB Ratio is ranked worse than
71.94% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs OSTO:SCST: 2.58

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.

Scandi Standard AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr38.881. 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 kr29.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scandi Standard AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Scandi Standard 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.

Scandi Standard AB Cyclically Adjusted PB Ratio Chart

Scandi Standard 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 - - - 1.87 2.00

Scandi Standard 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 1.95 1.87 1.88 2.00 2.42

Competitive Comparison of Scandi Standard AB's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Scandi Standard 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.


Scandi Standard AB's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scandi Standard AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Scandi Standard 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=76.40/29.6
=2.58

* 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.

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

For example, Scandi Standard 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)
=38.881/132.2054*132.2054
=38.881

Current CPI (Mar. 2024) = 132.2054.

Scandi Standard AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.689 100.432 18.020
201409 14.127 100.161 18.647
201412 14.758 100.225 19.467
201503 14.862 99.950 19.658
201506 14.673 99.995 19.399
201509 15.397 100.228 20.309
201512 15.515 100.276 20.455
201603 16.258 100.751 21.334
201606 15.230 101.019 19.932
201609 16.208 101.138 21.187
201612 16.242 102.022 21.047
201703 16.557 102.022 21.456
201706 15.729 102.752 20.238
201709 20.533 103.279 26.284
201712 22.080 103.793 28.124
201803 24.113 103.962 30.664
201806 25.683 104.875 32.376
201809 24.022 105.679 30.052
201812 24.068 105.912 30.043
201903 25.598 105.886 31.961
201906 25.337 106.742 31.381
201909 26.597 107.214 32.797
201912 26.582 107.766 32.610
202003 28.413 106.563 35.250
202006 27.808 107.498 34.199
202009 29.125 107.635 35.773
202012 28.581 108.296 34.891
202103 30.270 108.360 36.931
202106 29.008 108.928 35.207
202109 29.345 110.338 35.161
202112 29.865 112.486 35.101
202203 30.768 114.825 35.425
202206 31.671 118.384 35.369
202209 33.615 122.296 36.339
202212 35.682 126.365 37.331
202303 36.080 127.042 37.546
202306 37.412 129.407 38.221
202309 37.488 130.224 38.059
202312 36.708 131.912 36.790
202403 38.881 132.205 38.881

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.


Scandi Standard AB  (OSTO:SCST) 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.


Scandi Standard AB Cyclically Adjusted PB Ratio Related Terms

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


Scandi Standard AB (OSTO:SCST) Business Description

Traded in Other Exchanges
Address
Strandbergsgatan 55, P.O.Box 30174, Stockholm, SWE, SE-104 25
Scandi Standard AB is a food company. It supplies chicken and chicken-based products in the Nordic region and Ireland. It markets and sells its products under Kronfagel, Danpo, Den Stolte Hane, Naapurin Maalaiskana, and Manor Farm brand names. The company has operations in Sweden, Denmark, Norway, Ireland, and Finland. It generates the majority of its revenue from Sweden.

Scandi Standard AB (OSTO:SCST) Headlines

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