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Cybercom Group AB (OSTO:CYBE) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


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What is Cybercom Group AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cybercom Group AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cybercom Group 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.

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Cybercom Group AB Cyclically Adjusted PB Ratio Chart

Cybercom Group AB Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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Cybercom Group AB Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Cybercom Group AB's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Cybercom Group 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.


Cybercom Group AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Cybercom Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cybercom Group 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.

Cybercom Group AB's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec14 is calculated as:

For example, Cybercom Group AB's adjusted Book Value per Share data for the fiscal year that ended in Dec14 was:

Adj_Book=Book Value per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=5.11/100.2247*100.2247
=5.110

Current CPI (Dec14) = 100.2247.

Cybercom Group AB Annual Data

Book Value per Share CPI Adj_Book
200512 7.191 89.939 8.013
200612 7.988 91.410 8.758
200712 17.238 94.566 18.269
200812 13.394 95.419 14.069
200912 9.861 95.967 10.298
201012 9.431 98.211 9.624
201112 7.620 100.458 7.602
201212 4.494 100.403 4.486
201312 4.744 100.541 4.729
201412 5.110 100.225 5.110

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.


Cybercom Group AB  (OSTO:CYBE) 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.


Cybercom Group AB Cyclically Adjusted PB Ratio Related Terms

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Cybercom Group AB (OSTO:CYBE) Business Description

Industry
Traded in Other Exchanges
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Cybercom Group AB is an information technology security consultancy firm. The company manages portals and provides electronic services to its customers. It offers a range of services available via mobile phone. The company also provides security, embedded systems, and telecom management. The company's portal services extend to web sites, extranets, intranets, communities, and mobile solutions. It analyzes a company's purpose, competition, target groups, services, and technical requirements before redesigning its portal. The company provides software solutions for media and electronic business. It maintains customer's portals and networks. Its mobile offerings are solutions for application, portal, payment, device management, internet advisory, use experience, and software office. For applications, it provides framework that provides development of mobile clients and support systems. The mobile portal solution creates a mobile equivalent of a customer's web site. The payment solutions include several payment services and methods. The device management offering facilitates distribution of content and firmware over the internet and over the air. The internet advisory services include consultation and support implementation of mobile strategies. It also provides extensive security offerings for a company intranet, portal, and networks. These products include identity and access management, IT forensics, and security verification. The company also handles physical hardware and computers.