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HomeMaid AB (XSAT:HOME B) Cyclically Adjusted PB Ratio : 6.68 (As of Jun. 01, 2024)


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What is HomeMaid AB Cyclically Adjusted PB Ratio?

As of today (2024-06-01), HomeMaid AB's current share price is kr15.50. HomeMaid AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr2.32. HomeMaid AB's Cyclically Adjusted PB Ratio for today is 6.68.

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

XSAT:HOME B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 6.33   Max: 10.75
Current: 6.72

During the past years, HomeMaid AB's highest Cyclically Adjusted PB Ratio was 10.75. The lowest was 1.92. And the median was 6.33.

XSAT:HOME B's Cyclically Adjusted PB Ratio is ranked worse than
83.93% of 56 companies
in the Personal Services industry
Industry Median: 1.72 vs XSAT:HOME B: 6.72

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.

HomeMaid AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr2.692. 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 kr2.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HomeMaid AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HomeMaid 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.

HomeMaid AB Cyclically Adjusted PB Ratio Chart

HomeMaid 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 2.63 3.46 8.51 5.99 6.59

HomeMaid 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 7.26 6.79 6.59 6.59 6.60

Competitive Comparison of HomeMaid AB's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, HomeMaid 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.


HomeMaid AB's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, HomeMaid AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HomeMaid 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.50/2.32
=6.68

* 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.

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

For example, HomeMaid 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)
=2.692/132.2054*132.2054
=2.692

Current CPI (Mar. 2024) = 132.2054.

HomeMaid AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.649 100.432 3.487
201409 2.965 100.161 3.914
201412 3.155 100.225 4.162
201503 3.217 99.950 4.255
201506 2.956 99.995 3.908
201509 3.380 100.228 4.458
201512 3.550 100.276 4.680
201603 3.591 100.751 4.712
201606 2.983 101.019 3.904
201609 3.413 101.138 4.461
201612 3.643 102.022 4.721
201703 3.688 102.022 4.779
201706 3.004 102.752 3.865
201709 3.507 103.279 4.489
201712 -8.848 103.793 -11.270
201803 1.553 103.962 1.975
201806 1.146 104.875 1.445
201809 1.335 105.679 1.670
201812 1.306 105.912 1.630
201903 1.300 105.886 1.623
201906 0.473 106.742 0.586
201909 0.632 107.214 0.779
201912 0.730 107.766 0.896
202003 0.780 106.563 0.968
202006 0.894 107.498 1.099
202009 1.120 107.635 1.376
202012 1.350 108.296 1.648
202103 1.502 108.360 1.833
202106 1.198 108.928 1.454
202109 1.414 110.338 1.694
202112 1.713 112.486 2.013
202203 1.864 114.825 2.146
202206 1.518 118.384 1.695
202209 1.832 122.296 1.980
202212 2.560 126.365 2.678
202303 2.766 127.042 2.878
202306 2.174 129.407 2.221
202309 2.407 130.224 2.444
202312 2.836 131.912 2.842
202403 2.692 132.205 2.692

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.


HomeMaid AB  (XSAT:HOME 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.


HomeMaid AB Cyclically Adjusted PB Ratio Related Terms

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


HomeMaid AB (XSAT:HOME B) Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 17, Halmstad, SWE, 30246
HomeMaid AB offers maintenance services for the home. Its services include house cleaning, stay cleaning, storstadning, window, display cleaning, and company cleaning.

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