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Raute Oyj (OHEL:RAUTE) Cyclically Adjusted PB Ratio : 1.27 (As of May. 28, 2024)


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What is Raute Oyj Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Raute Oyj's current share price is €11.00. Raute Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.67. Raute Oyj's Cyclically Adjusted PB Ratio for today is 1.27.

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

OHEL:RAUTE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.68   Max: 5.08
Current: 1.26

During the past years, Raute Oyj's highest Cyclically Adjusted PB Ratio was 5.08. The lowest was 0.95. And the median was 2.68.

OHEL:RAUTE's Cyclically Adjusted PB Ratio is ranked better than
65.38% of 2091 companies
in the Industrial Products industry
Industry Median: 1.84 vs OHEL:RAUTE: 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.

Raute Oyj's adjusted book value per share data for the three months ended in Mar. 2024 was €6.450. 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 €8.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raute Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Raute 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.

Raute Oyj Cyclically Adjusted PB Ratio Chart

Raute 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 3.37 2.94 2.42 0.93 1.15

Raute 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 1.08 1.05 1.05 1.15 1.18

Competitive Comparison of Raute Oyj's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Raute 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.


Raute Oyj's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Raute Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Raute 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.00/8.67
=1.27

* 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.

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

For example, Raute 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)
=6.45/122.3600*122.3600
=6.450

Current CPI (Mar. 2024) = 122.3600.

Raute Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.871 100.147 5.951
201409 4.958 100.726 6.023
201412 5.743 100.229 7.011
201503 5.506 100.120 6.729
201506 5.991 100.030 7.328
201509 6.318 100.130 7.721
201512 6.844 99.990 8.375
201603 6.408 100.080 7.835
201606 6.685 100.390 8.148
201609 6.877 100.540 8.370
201612 7.734 101.020 9.368
201703 7.190 100.910 8.718
201706 7.371 101.140 8.917
201709 8.121 101.320 9.807
201712 8.798 101.510 10.605
201803 8.115 101.730 9.761
201806 8.693 102.320 10.396
201809 9.658 102.600 11.518
201812 10.337 102.710 12.315
201903 10.883 102.870 12.945
201906 10.001 103.360 11.839
201909 10.648 103.540 12.583
201912 11.002 103.650 12.988
202003 9.052 103.490 10.703
202006 8.773 103.320 10.390
202009 9.014 103.710 10.635
202012 8.799 103.890 10.363
202103 7.700 104.870 8.984
202106 7.650 105.360 8.884
202109 7.951 106.290 9.153
202112 7.570 107.490 8.617
202203 7.301 110.950 8.052
202206 4.471 113.570 4.817
202209 4.688 114.920 4.992
202212 5.089 117.320 5.308
202303 5.224 119.750 5.338
202306 6.196 120.690 6.282
202309 6.251 121.280 6.307
202312 6.272 121.540 6.314
202403 6.450 122.360 6.450

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.


Raute Oyj  (OHEL:RAUTE) 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.


Raute Oyj Cyclically Adjusted PB Ratio Related Terms

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


Raute Oyj (OHEL:RAUTE) Business Description

Traded in Other Exchanges
Address
Rautetie 2, P.O. Box 69, Nastola, FIN, FI-15551
Raute Oyj is a technology and service company serving the wood products industry. The firm's products and services include plywood and veneer technology, Laminated Veneer Lumber technology, Mecano solutions, and others. It generates revenue from technology services, project deliveries LVL, and project deliveries, plywood. Geographically, it has its operational footprints in Africa, South America, Europe, North America, and Asia Pacific areas.

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