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BGOUF (Bang & Olufsen AS) Cyclically Adjusted PB Ratio : 1.01 (As of Apr. 27, 2025)


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What is Bang & Olufsen AS Cyclically Adjusted PB Ratio?

As of today (2025-04-27), Bang & Olufsen AS's current share price is $2.09. Bang & Olufsen AS's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was $2.06. Bang & Olufsen AS's Cyclically Adjusted PB Ratio for today is 1.01.

The historical rank and industry rank for Bang & Olufsen AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

BGOUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.06   Max: 3.39
Current: 0.85

During the past years, Bang & Olufsen AS's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 0.46. And the median was 1.06.

BGOUF's Cyclically Adjusted PB Ratio is ranked better than
70.02% of 1888 companies
in the Hardware industry
Industry Median: 1.52 vs BGOUF: 0.85

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.

Bang & Olufsen AS's adjusted book value per share data for the three months ended in Feb. 2025 was $1.125. 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 $2.06 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bang & Olufsen AS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bang & Olufsen AS'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.

Bang & Olufsen AS Cyclically Adjusted PB Ratio Chart

Bang & Olufsen AS Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.83 0.95 0.67 0.66

Bang & Olufsen AS Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.59 0.66 0.56 0.65 0.95

Competitive Comparison of Bang & Olufsen AS's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, Bang & Olufsen AS'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.


Bang & Olufsen AS's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen AS's Cyclically Adjusted PB Ratio falls into.


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Bang & Olufsen AS 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.

Bang & Olufsen AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.09/2.06
=1.01

* 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.

Bang & Olufsen AS's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, Bang & Olufsen AS's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book=Book Value per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=1.125/120.8000*120.8000
=1.125

Current CPI (Feb. 2025) = 120.8000.

Bang & Olufsen AS Quarterly Data

Book Value per Share CPI Adj_Book
201505 2.971 100.400 3.575
201508 2.828 100.000 3.416
201511 2.244 99.900 2.713
201602 2.810 100.100 3.391
201605 2.711 100.500 3.259
201608 2.576 100.200 3.106
201611 2.526 100.300 3.042
201702 2.502 101.100 2.990
201705 2.434 101.300 2.903
201708 2.495 101.700 2.964
201711 2.585 101.600 3.074
201802 2.780 101.700 3.302
201805 2.803 102.400 3.307
201808 2.724 102.700 3.204
201811 2.618 102.400 3.088
201902 2.492 102.800 2.928
201905 2.324 103.100 2.723
201908 2.160 103.100 2.531
201911 4.592 103.100 5.380
202002 1.541 103.600 1.797
202005 1.328 103.100 1.556
202008 1.472 103.600 1.716
202011 1.438 103.600 1.677
202102 1.516 104.200 1.758
202105 1.534 104.900 1.767
202108 1.499 105.500 1.716
202111 1.447 107.100 1.632
202202 1.427 109.200 1.579
202205 1.307 112.700 1.401
202208 1.153 114.900 1.212
202211 1.156 116.600 1.198
202302 1.146 117.500 1.178
202305 1.167 116.000 1.215
202308 1.184 117.700 1.215
202311 1.178 117.300 1.213
202402 1.195 118.400 1.219
202405 1.145 118.500 1.167
202408 1.147 119.300 1.161
202411 0.919 119.200 0.931
202502 1.125 120.800 1.125

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.


Bang & Olufsen AS  (OTCPK:BGOUF) 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.


Bang & Olufsen AS Cyclically Adjusted PB Ratio Related Terms

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


Bang & Olufsen AS Business Description

Industry
Traded in Other Exchanges
Address
Bang og Olufsen Alle 1, Struer, DNK, DK-7600
Bang & Olufsen AS designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from EMEA, Followed by Americas, and APAC. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen AS Headlines