GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Saga Furs Oyj (OHEL:SAGCV) » Definitions » Cyclically Adjusted PB Ratio

Saga Furs Oyj (OHEL:SAGCV) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 04, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Saga Furs Oyj Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Saga Furs Oyj's current share price is €10.40. Saga Furs Oyj's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct23 was €28.38. Saga Furs Oyj's Cyclically Adjusted PB Ratio for today is 0.37.

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

OHEL:SAGCV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.61   Max: 1.45
Current: 0.37

During the past 13 years, Saga Furs Oyj's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.23. And the median was 0.61.

OHEL:SAGCV's Cyclically Adjusted PB Ratio is ranked better than
83.36% of 763 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs OHEL:SAGCV: 0.37

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.

Saga Furs Oyj's adjusted book value per share data of for the fiscal year that ended in Oct23 was €24.681. 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 €28.38 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saga Furs Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Saga Furs 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.

Saga Furs Oyj Cyclically Adjusted PB Ratio Chart

Saga Furs Oyj Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.22 0.54 0.39 0.29

Saga Furs Oyj Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.54 - 0.39 - 0.29

Competitive Comparison of Saga Furs Oyj's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Saga Furs 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.


Saga Furs Oyj's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saga Furs Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saga Furs 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.40/28.38
=0.37

* 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.

Saga Furs Oyj's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Saga Furs Oyj's adjusted Book Value per Share data for the fiscal year that ended in Oct23 was:

Adj_Book=Book Value per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=24.681/121.6200*121.6200
=24.681

Current CPI (Oct23) = 121.6200.

Saga Furs Oyj Annual Data

Book Value per Share CPI Adj_Book
201410 25.055 100.551 30.305
201510 26.409 100.290 32.026
201610 24.588 100.750 29.681
201710 26.108 101.300 31.345
201810 24.704 102.850 29.212
201910 23.953 103.620 28.114
202010 21.621 103.810 25.330
202110 25.031 107.090 28.427
202210 23.576 115.990 24.720
202310 24.681 121.620 24.681

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.


Saga Furs Oyj  (OHEL:SAGCV) 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.


Saga Furs Oyj Cyclically Adjusted PB Ratio Related Terms

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


Saga Furs Oyj (OHEL:SAGCV) Business Description

Traded in Other Exchanges
N/A
Address
Martinkylantie 48, Vantaa, FIN, 01720
Saga Furs Oyj is a fur auction company.

Saga Furs Oyj (OHEL:SAGCV) Headlines

No Headlines