GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bure Equity AB (OSTO:BURE) » Definitions » Cyclically Adjusted PB Ratio

Bure Equity AB (OSTO:BURE) Cyclically Adjusted PB Ratio : 1.95 (As of Jun. 07, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Bure Equity AB Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Bure Equity AB's current share price is kr369.60. Bure Equity AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr189.98. Bure Equity AB's Cyclically Adjusted PB Ratio for today is 1.95.

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

OSTO:BURE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.98   Max: 4.39
Current: 1.92

During the past years, Bure Equity AB's highest Cyclically Adjusted PB Ratio was 4.39. The lowest was 1.21. And the median was 1.98.

OSTO:BURE's Cyclically Adjusted PB Ratio is ranked worse than
84.85% of 944 companies
in the Asset Management industry
Industry Median: 0.8 vs OSTO:BURE: 1.92

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.

Bure Equity AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr298.205. 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 kr189.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bure Equity AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bure Equity AB'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.

Bure Equity AB Cyclically Adjusted PB Ratio Chart

Bure Equity AB 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 2.79 3.13 3.55 1.58 1.56

Bure Equity AB 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 1.52 1.47 1.24 1.56 1.80

Competitive Comparison of Bure Equity AB's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Bure Equity AB'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.


Bure Equity AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bure Equity AB's Cyclically Adjusted PB Ratio falls into.



Bure Equity AB 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.

Bure Equity AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=369.60/189.98
=1.95

* 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.

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

For example, Bure Equity AB'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)
=298.205/132.2054*132.2054
=298.205

Current CPI (Mar. 2024) = 132.2054.

Bure Equity AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.290 100.432 50.404
201409 41.011 100.161 54.132
201412 46.234 100.225 60.987
201503 62.377 99.950 82.507
201506 67.700 99.995 89.508
201509 60.337 100.228 79.587
201512 85.605 100.276 112.863
201603 86.366 100.751 113.329
201606 90.739 101.019 118.751
201609 116.949 101.138 152.874
201612 102.409 102.022 132.708
201703 102.611 102.022 132.969
201706 104.929 102.752 135.006
201709 127.266 103.279 162.911
201712 112.508 103.793 143.306
201803 119.801 103.962 152.348
201806 126.865 104.875 159.927
201809 125.142 105.679 156.554
201812 137.173 105.912 171.228
201903 165.063 105.886 206.091
201906 153.718 106.742 190.388
201909 159.102 107.214 196.189
201912 196.509 107.766 241.074
202003 146.413 106.563 181.645
202006 195.315 107.498 240.207
202009 229.195 107.635 281.514
202012 239.241 108.296 292.061
202103 235.659 108.360 287.519
202106 286.712 108.928 347.982
202109 305.623 110.338 366.192
202112 322.913 112.486 379.522
202203 233.590 114.825 268.947
202206 196.448 118.384 219.384
202209 163.513 122.296 176.762
202212 196.030 126.365 205.090
202303 228.627 127.042 237.920
202306 236.220 129.407 241.329
202309 217.703 130.224 221.016
202312 257.826 131.912 258.400
202403 298.205 132.205 298.205

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.


Bure Equity AB  (OSTO:BURE) 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.


Bure Equity AB Cyclically Adjusted PB Ratio Related Terms

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


Bure Equity AB (OSTO:BURE) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE-114 34
Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

No Headlines