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Fiskars Oyj (OHEL:FSKRS) Cyclically Adjusted PB Ratio : 1.26 (As of May. 14, 2024)


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What is Fiskars Oyj Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Fiskars Oyj's current share price is €17.16. Fiskars Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.66. Fiskars Oyj's Cyclically Adjusted PB Ratio for today is 1.26.

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

OHEL:FSKRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.34   Max: 1.97
Current: 1.26

During the past years, Fiskars Oyj's highest Cyclically Adjusted PB Ratio was 1.97. The lowest was 0.74. And the median was 1.34.

OHEL:FSKRS's Cyclically Adjusted PB Ratio is ranked worse than
53.02% of 728 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs OHEL:FSKRS: 1.26

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.

Fiskars Oyj's adjusted book value per share data for the three months ended in Mar. 2024 was €9.342. 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 €13.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fiskars Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fiskars Oyj'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.

Fiskars Oyj Cyclically Adjusted PB Ratio Chart

Fiskars Oyj 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 1.02 1.33 1.94 1.17 1.31

Fiskars Oyj 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 1.17 1.14 1.28 1.31 1.26

Competitive Comparison of Fiskars Oyj's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, Fiskars Oyj'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.


Fiskars Oyj's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fiskars Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fiskars Oyj 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.

Fiskars Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.16/13.66
=1.26

* 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.

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

For example, Fiskars Oyj'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)
=9.342/121.2200*121.2200
=9.342

Current CPI (Mar. 2024) = 121.2200.

Fiskars Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.459 100.147 9.029
201409 7.836 100.726 9.430
201412 14.063 100.229 17.008
201503 14.461 100.120 17.509
201506 14.557 100.030 17.641
201509 13.735 100.130 16.628
201512 14.538 99.990 17.625
201603 13.826 100.080 16.746
201606 13.689 100.390 16.529
201609 14.232 100.540 17.159
201612 14.906 101.020 17.887
201703 14.923 100.910 17.927
201706 15.018 101.140 18.000
201709 16.138 101.320 19.308
201712 15.535 101.510 18.551
201803 15.140 101.730 18.041
201806 15.052 102.320 17.832
201809 15.399 102.600 18.194
201812 14.795 102.710 17.461
201903 14.960 102.870 17.629
201906 9.290 103.360 10.895
201909 9.179 103.540 10.746
201912 9.337 103.650 10.920
202003 9.107 103.490 10.667
202006 9.233 103.320 10.833
202009 9.078 103.710 10.611
202012 9.303 103.890 10.855
202103 8.899 104.870 10.286
202106 9.267 105.360 10.662
202109 9.678 106.290 11.037
202112 9.967 107.490 11.240
202203 9.614 110.950 10.504
202206 10.037 113.570 10.713
202209 10.431 114.920 11.003
202212 10.174 117.320 10.512
202303 9.707 119.750 9.826
202306 9.710 120.690 9.753
202309 9.883 121.280 9.878
202312 10.148 121.220 10.148
202403 9.342 121.220 9.342

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.


Fiskars Oyj  (OHEL:FSKRS) 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.


Fiskars Oyj Cyclically Adjusted PB Ratio Related Terms

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


Fiskars Oyj (OHEL:FSKRS) Business Description

Traded in Other Exchanges
Address
Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151
Fiskars Oyj is a Finnish company that supplies consumer products for home, garden, and outdoor use. The company operates in Europe, the Americas, and the Asia-Pacific region. Fiskar's business areas are functional products, which offer household tools; living products, which offer tabletop and interior decoration products; and outdoor products, which offer gear for recreational and professional use. The major brands of the company include Fiskars, Waterford, Wedgwood, Iittala, Gerber, and Royal Copenhagen. The firm derives the majority of its revenue from sales in Europe and the Americas, with overall sales fairly evenly split between the two. Revenue is also fairly evenly split between the functional products and living products segments, stemming mostly from the Fiskars brand.

Fiskars Oyj (OHEL:FSKRS) Headlines

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