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Raisio Oyj (OHEL:RAIVV) Cyclically Adjusted PB Ratio : 0.93 (As of May. 30, 2024)


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What is Raisio Oyj Cyclically Adjusted PB Ratio?

As of today (2024-05-30), Raisio Oyj's current share price is €1.932. Raisio Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.08. Raisio Oyj's Cyclically Adjusted PB Ratio for today is 0.93.

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

OHEL:RAIVV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.55   Max: 2.22
Current: 0.92

During the past years, Raisio Oyj's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 0.89. And the median was 1.55.

OHEL:RAIVV's Cyclically Adjusted PB Ratio is ranked better than
65.72% of 1301 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs OHEL:RAIVV: 0.92

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.

Raisio Oyj's adjusted book value per share data for the three months ended in Mar. 2024 was €1.674. 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 €2.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raisio Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Raisio 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.

Raisio Oyj Cyclically Adjusted PB Ratio Chart

Raisio 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 1.69 1.62 1.70 1.19 0.95

Raisio 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 1.18 0.97 0.98 0.95 0.98

Competitive Comparison of Raisio Oyj's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Raisio 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.


Raisio Oyj's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raisio Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Raisio 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.932/2.08
=0.93

* 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.

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

For example, Raisio 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)
=1.674/122.3600*122.3600
=1.674

Current CPI (Mar. 2024) = 122.3600.

Raisio Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.970 100.147 2.407
201409 2.100 100.726 2.551
201412 2.070 100.229 2.527
201503 2.078 100.120 2.540
201506 2.147 100.030 2.626
201509 2.176 100.130 2.659
201512 2.227 99.990 2.725
201603 2.020 100.080 2.470
201606 1.921 100.390 2.341
201609 1.935 100.540 2.355
201612 1.989 101.020 2.409
201703 1.864 100.910 2.260
201706 1.874 101.140 2.267
201709 1.932 101.320 2.333
201712 1.678 101.510 2.023
201803 1.545 101.730 1.858
201806 1.578 102.320 1.887
201809 1.619 102.600 1.931
201812 1.683 102.710 2.005
201903 1.581 102.870 1.881
201906 1.612 103.360 1.908
201909 1.675 103.540 1.979
201912 1.724 103.650 2.035
202003 1.719 103.490 2.032
202006 1.622 103.320 1.921
202009 1.672 103.710 1.973
202012 1.712 103.890 2.016
202103 1.777 104.870 2.073
202106 1.688 105.360 1.960
202109 1.732 106.290 1.994
202112 1.771 107.490 2.016
202203 1.729 110.950 1.907
202206 1.605 113.570 1.729
202209 1.628 114.920 1.733
202212 1.656 117.320 1.727
202303 1.687 119.750 1.724
202306 1.583 120.690 1.605
202309 1.623 121.280 1.637
202312 1.647 121.540 1.658
202403 1.674 122.360 1.674

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.


Raisio Oyj  (OHEL:RAIVV) 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.


Raisio Oyj Cyclically Adjusted PB Ratio Related Terms

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


Raisio Oyj (OHEL:RAIVV) Business Description

Traded in Other Exchanges
Address
Raisionkaari 55, P.O. Box 101, Raisio, FIN, 21201
Raisio Oyj is engaged in the food processing industry with a focus on healthy. The company's international brand profile includes Benecol and Elovena. The operating segments of the company are healthy food, healthy ingredients, and other operations. The healthy food segment focuses on the company's consumer product businesses and has its operations in Northern Europe, Eastern and Central Europe, and Western Europe. The healthy ingredient segment includes the sale of fish feeds, Benecol product ingredients, and the sale of grain-based foods and their ingredients to industrial and catering companies. Majority of net sales come from Finland, and the healthy food segment contributes the highest net sales.

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