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Royal UNIBREW A/S (LTS:0R6Z) Cyclically Adjusted PB Ratio : 6.70 (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 kr583.00. Royal UNIBREW A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr87.02. Royal UNIBREW A/S's Cyclically Adjusted PB Ratio for today is 6.70.

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

LTS:0R6Z' 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.

LTS:0R6Z's Cyclically Adjusted PB Ratio is ranked worse than
85.21% of 169 companies
in the Beverages - Alcoholic industry
Industry Median: 1.87 vs LTS:0R6Z: 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 kr116.057. 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 kr87.02 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
=583.00/87.02
=6.70

* 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)
=116.057/118.4000*118.4000
=116.057

Current CPI (Mar. 2024) = 118.4000.

Royal UNIBREW A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 44.204 99.700 52.495
201409 49.232 99.700 58.466
201412 51.064 99.400 60.825
201503 52.547 100.200 62.091
201506 262.299 100.300 309.633
201509 278.916 100.200 329.577
201512 54.348 99.800 64.477
201603 54.530 100.200 64.435
201606 50.225 100.600 59.112
201609 55.148 100.200 65.165
201612 55.458 100.300 65.466
201703 55.966 101.200 65.478
201706 50.717 101.200 59.337
201709 54.246 101.800 63.092
201712 54.968 101.300 64.247
201803 54.991 101.700 64.021
201806 50.689 102.300 58.666
201809 55.136 102.400 63.751
201812 57.893 102.100 67.135
201903 59.893 102.900 68.915
201906 53.539 102.900 61.604
201909 59.411 102.900 68.360
201912 62.896 102.900 72.370
202003 64.512 103.300 73.942
202006 71.704 103.200 82.265
202009 68.544 103.500 78.412
202012 67.938 103.400 77.794
202103 67.970 104.300 77.159
202106 59.615 105.000 67.223
202109 67.945 105.800 76.037
202112 69.492 106.600 77.184
202203 71.850 109.900 77.407
202206 92.175 113.600 96.070
202209 99.127 116.400 100.830
202212 103.944 115.900 106.186
202303 104.427 117.300 105.406
202306 97.233 116.400 98.904
202309 110.623 117.400 111.565
202312 114.838 116.700 116.511
202403 116.057 118.400 116.057

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  (LTS:0R6Z) 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 (LTS:0R6Z) 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 (LTS:0R6Z) Headlines

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