GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ABG Sundal Collier Holding ASA (CHIX:ABGo) » Definitions » Cyclically Adjusted PB Ratio

ABG Sundal Collier Holding ASA (CHIX:ABGO) Cyclically Adjusted PB Ratio : 2.63 (As of Jun. 10, 2024)


View and export this data going back to 2016. Start your Free Trial

What is ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-10), ABG Sundal Collier Holding ASA's current share price is kr5.20. ABG Sundal Collier Holding ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.98. ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio for today is 2.63.

The historical rank and industry rank for ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:ABGo' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.31   Max: 4.23
Current: 2.67

During the past years, ABG Sundal Collier Holding ASA's highest Cyclically Adjusted PB Ratio was 4.23. The lowest was 1.15. And the median was 2.31.

CHIX:ABGo's Cyclically Adjusted PB Ratio is ranked worse than
72.28% of 588 companies
in the Capital Markets industry
Industry Median: 1.19 vs CHIX:ABGo: 2.67

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.

ABG Sundal Collier Holding ASA's adjusted book value per share data for the three months ended in Mar. 2024 was kr2.018. 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 kr1.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ABG Sundal Collier Holding ASA'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.

ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio Chart

ABG Sundal Collier Holding ASA 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 1.54 2.65 3.82 2.33 2.89

ABG Sundal Collier Holding ASA 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 2.54 2.16 2.18 2.89 2.62

Competitive Comparison of ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, ABG Sundal Collier Holding ASA'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.


ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio falls into.



ABG Sundal Collier Holding ASA 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.

ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.20/1.98
=2.63

* 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.

ABG Sundal Collier Holding ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ABG Sundal Collier Holding ASA'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)
=2.018/132.6000*132.6000
=2.018

Current CPI (Mar. 2024) = 132.6000.

ABG Sundal Collier Holding ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.453 97.500 3.336
201409 2.516 98.500 3.387
201412 2.762 98.600 3.714
201503 2.878 99.200 3.847
201506 1.912 100.100 2.533
201509 2.010 100.600 2.649
201512 2.154 100.900 2.831
201603 2.202 102.500 2.849
201606 1.678 103.800 2.144
201609 1.719 104.200 2.188
201612 1.899 104.400 2.412
201703 1.947 105.000 2.459
201706 1.575 105.800 1.974
201709 1.665 105.900 2.085
201712 1.861 106.100 2.326
201803 1.841 107.300 2.275
201806 1.449 108.500 1.771
201809 1.503 109.500 1.820
201812 1.393 109.800 1.682
201903 1.410 110.400 1.694
201906 1.346 110.600 1.614
201909 1.442 111.100 1.721
201912 1.513 111.300 1.803
202003 1.492 111.200 1.779
202006 1.493 112.100 1.766
202009 1.644 112.900 1.931
202012 2.014 112.900 2.365
202103 2.443 114.600 2.827
202106 2.017 115.300 2.320
202109 2.295 117.500 2.590
202112 2.689 118.900 2.999
202203 2.797 119.800 3.096
202206 1.916 122.600 2.072
202209 1.957 125.600 2.066
202212 2.133 125.900 2.247
202303 2.147 127.600 2.231
202306 1.729 130.400 1.758
202309 1.761 129.800 1.799
202312 1.963 131.900 1.973
202403 2.018 132.600 2.018

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.


ABG Sundal Collier Holding ASA  (CHIX:ABGo) 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.


ABG Sundal Collier Holding ASA Cyclically Adjusted PB Ratio Related Terms

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


ABG Sundal Collier Holding ASA (CHIX:ABGO) Business Description

Traded in Other Exchanges
Address
Ruselokkveien 26, 8th floor, Oslo, NOR, 0251
ABG Sundal Collier Holding ASA is engaged predominantly in the Norwegian capital markets industry. There are three reporting segments representing the following product levels: Corporate Financing, M&A and Advisory and Brokerage and Research. Investment banking and capital markets activities are at the core of the business and have always been a key focus of the firm. Geographically, the company has operations in Norway, Sweden, Denmark, and International, and the majority is from Norway.

ABG Sundal Collier Holding ASA (CHIX:ABGO) Headlines

No Headlines