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Royal UNIBREW A/S (FRA:0R1) Cyclically Adjusted PB Ratio : 6.72 (As of Jun. 10, 2024)


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What is Royal UNIBREW A/S Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Royal UNIBREW A/S's current share price is €77.10. Royal UNIBREW A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.48. Royal UNIBREW A/S's Cyclically Adjusted PB Ratio for today is 6.72.

The historical rank and industry rank for Royal UNIBREW A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:0R1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5   Med: 8.5   Max: 13.71
Current: 6.66

During the past years, Royal UNIBREW A/S's highest Cyclically Adjusted PB Ratio was 13.71. The lowest was 5.00. And the median was 8.50.

FRA:0R1's Cyclically Adjusted PB Ratio is ranked worse than
85.21% of 169 companies
in the Beverages - Alcoholic industry
Industry Median: 1.87 vs FRA:0R1: 6.66

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.

Royal UNIBREW A/S's adjusted book value per share data for the three months ended in Mar. 2024 was €15.565. 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 €11.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal UNIBREW A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Royal UNIBREW A/S'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.

Royal UNIBREW A/S Cyclically Adjusted PB Ratio Chart

Royal UNIBREW A/S 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 11.25 11.95 11.32 6.42 5.32

Royal UNIBREW A/S 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 7.48 7.52 6.54 5.32 5.21

Competitive Comparison of Royal UNIBREW A/S's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Royal UNIBREW A/S'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.


Royal UNIBREW A/S's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Royal UNIBREW A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Royal UNIBREW A/S's Cyclically Adjusted PB Ratio falls into.



Royal UNIBREW A/S 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.

Royal UNIBREW A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.10/11.48
=6.72

* 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.

Royal UNIBREW A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Royal UNIBREW A/S'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)
=15.565/118.4000*118.4000
=15.565

Current CPI (Mar. 2024) = 118.4000.

Royal UNIBREW A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.930 99.700 7.042
201409 6.615 99.700 7.856
201412 6.862 99.400 8.174
201503 7.041 100.200 8.320
201506 35.165 100.300 41.511
201509 37.400 100.200 44.193
201512 7.280 99.800 8.637
201603 7.310 100.200 8.638
201606 6.751 100.600 7.946
201609 7.401 100.200 8.745
201612 7.455 100.300 8.800
201703 7.523 101.200 8.802
201706 6.818 101.200 7.977
201709 7.287 101.800 8.475
201712 7.386 101.300 8.633
201803 7.383 101.700 8.595
201806 6.803 102.300 7.874
201809 7.390 102.400 8.545
201812 7.760 102.100 8.999
201903 8.024 102.900 9.233
201906 7.166 102.900 8.245
201909 7.958 102.900 9.157
201912 8.420 102.900 9.688
202003 8.631 103.300 9.893
202006 9.616 103.200 11.032
202009 9.215 103.500 10.542
202012 9.132 103.400 10.457
202103 9.138 104.300 10.373
202106 8.016 105.000 9.039
202109 9.137 105.800 10.225
202112 9.345 106.600 10.379
202203 9.662 109.900 10.409
202206 12.385 113.600 12.908
202209 13.319 116.400 13.548
202212 13.972 115.900 14.273
202303 14.029 117.300 14.161
202306 13.060 116.400 13.284
202309 14.834 117.400 14.960
202312 15.407 116.700 15.631
202403 15.565 118.400 15.565

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.


Royal UNIBREW A/S  (FRA:0R1) 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.


Royal UNIBREW A/S Cyclically Adjusted PB Ratio Related Terms

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


Royal UNIBREW A/S (FRA:0R1) Business Description

Traded in Other Exchanges
Address
Faxe Alle 1, Faxe, DNK, DK-4640
Royal UNIBREW A/S produces and sells alcoholic and nonalcoholic beverages including beer, malt beverages, cider, soft drinks, juice, and water. The company operating segments are Northern Europe, Western Europe and International. The vast majority of the company's revenue comes from its Northern Europe segment, which includes Denmark, Germany, and Italy, Finland, Latvia, Lithuania, and Estonia.

Royal UNIBREW A/S (FRA:0R1) Headlines

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