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Indutrade AB (OSTO:INDT) Cyclically Adjusted PB Ratio : 11.63 (As of May. 26, 2024)


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What is Indutrade AB Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Indutrade AB's current share price is kr279.40. Indutrade AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr24.02. Indutrade AB's Cyclically Adjusted PB Ratio for today is 11.63.

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

OSTO:INDT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.61   Med: 10.97   Max: 21.79
Current: 11.63

During the past years, Indutrade AB's highest Cyclically Adjusted PB Ratio was 21.79. The lowest was 7.61. And the median was 10.97.

OSTO:INDT's Cyclically Adjusted PB Ratio is ranked worse than
94.31% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs OSTO:INDT: 11.63

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.

Indutrade AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr42.627. 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 kr24.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indutrade AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Indutrade 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.

Indutrade AB Cyclically Adjusted PB Ratio Chart

Indutrade 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 10.65 14.36 18.69 10.95 11.31

Indutrade 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 10.95 11.45 9.17 11.31 12.15

Competitive Comparison of Indutrade AB's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Indutrade 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.


Indutrade AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Indutrade AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Indutrade 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=279.40/24.02
=11.63

* 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.

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

For example, Indutrade 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)
=42.627/132.2054*132.2054
=42.627

Current CPI (Mar. 2024) = 132.2054.

Indutrade AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.556 100.432 9.946
201409 8.119 100.161 10.717
201412 8.778 100.225 11.579
201503 9.442 99.950 12.489
201506 9.186 99.995 12.145
201509 9.797 100.228 12.923
201512 10.286 100.276 13.561
201603 10.864 100.751 14.256
201606 10.725 101.019 14.036
201609 11.292 101.138 14.761
201612 12.192 102.022 15.799
201703 12.875 102.022 16.684
201706 12.839 102.752 16.519
201709 13.527 103.279 17.316
201712 14.214 103.793 18.105
201803 15.555 103.962 19.781
201806 15.443 104.875 19.468
201809 16.243 105.679 20.320
201812 17.114 105.912 21.363
201903 18.333 105.886 22.890
201906 17.870 106.742 22.133
201909 19.106 107.214 23.560
201912 19.740 107.766 24.217
202003 21.232 106.563 26.341
202006 21.595 107.498 26.558
202009 22.855 107.635 28.072
202012 23.717 108.296 28.953
202103 25.480 108.360 31.087
202106 24.891 108.928 30.210
202109 26.504 110.338 31.757
202112 28.260 112.486 33.214
202203 30.276 114.825 34.859
202206 30.174 118.384 33.697
202209 32.584 122.296 35.224
202212 35.021 126.365 36.640
202303 37.288 127.042 38.804
202306 37.922 129.407 38.742
202309 39.001 130.224 39.595
202312 39.731 131.912 39.819
202403 42.627 132.205 42.627

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.


Indutrade AB  (OSTO:INDT) 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.


Indutrade AB Cyclically Adjusted PB Ratio Related Terms

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


Indutrade AB (OSTO:INDT) Business Description

Traded in Other Exchanges
Address
Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06
Indutrade AB is an industrial group that sells and distributes high-tech components and systems through a vast range of subsidiaries. The group is active in eight business areas: Benelux, DACH, Finland, flow technology, fluids and mechanical solutions, industrial components, measurement and sensor technology, and the United Kingdom. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and consumables. The primary region of business for the group's subsidiaries in Europe.