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Inission AB (OSTO:INISS B) Cyclically Adjusted PB Ratio : 3.49 (As of Jun. 03, 2024)


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What is Inission AB Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Inission AB's current share price is kr50.80. Inission AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr14.57. Inission AB's Cyclically Adjusted PB Ratio for today is 3.49.

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

OSTO:INISS B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.7   Med: 3.67   Max: 5.15
Current: 3.49

During the past years, Inission AB's highest Cyclically Adjusted PB Ratio was 5.15. The lowest was 2.70. And the median was 3.67.

OSTO:INISS B's Cyclically Adjusted PB Ratio is ranked worse than
80.49% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.31 vs OSTO:INISS B: 3.49

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.

Inission AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr29.321. 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 kr14.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inission AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Inission 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.

Inission AB Cyclically Adjusted PB Ratio Chart

Inission 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 - - - - 3.54

Inission 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 - 5.07 4.19 3.54 2.88

Competitive Comparison of Inission AB's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Inission 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.


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

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

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



Inission 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.80/14.57
=3.49

* 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.

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

For example, Inission 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)
=29.321/132.2054*132.2054
=29.321

Current CPI (Mar. 2024) = 132.2054.

Inission AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.432 0.000
201409 0.000 100.161 0.000
201412 5.037 100.225 6.644
201503 0.000 99.950 0.000
201506 5.931 99.995 7.842
201509 6.122 100.228 8.075
201512 6.163 100.276 8.125
201603 6.390 100.751 8.385
201606 6.605 101.019 8.644
201609 7.141 101.138 9.335
201612 4.670 102.022 6.052
201703 13.562 102.022 17.574
201706 4.802 102.752 6.178
201709 15.090 103.279 19.316
201712 5.479 103.793 6.979
201803 5.905 103.962 7.509
201806 6.475 104.875 8.162
201809 6.816 105.679 8.527
201812 7.512 105.912 9.377
201903 8.412 105.886 10.503
201906 8.834 106.742 10.941
201909 9.373 107.214 11.558
201912 9.624 107.766 11.807
202003 9.531 106.563 11.824
202006 11.140 107.498 13.700
202009 14.560 107.635 17.884
202012 14.938 108.296 18.236
202103 15.193 108.360 18.536
202106 14.853 108.928 18.027
202109 15.545 110.338 18.626
202112 14.863 112.486 17.469
202203 15.395 114.825 17.725
202206 15.530 118.384 17.343
202209 20.521 122.296 22.184
202212 20.878 126.365 21.843
202303 22.246 127.042 23.150
202306 26.265 129.407 26.833
202309 27.273 130.224 27.688
202312 27.246 131.912 27.307
202403 29.321 132.205 29.321

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.


Inission AB  (OSTO:INISS B) 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.


Inission AB Cyclically Adjusted PB Ratio Related Terms

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


Inission AB (OSTO:INISS B) Business Description

Traded in Other Exchanges
N/A
Address
Stalvagen 4, Munkfors, SWE, 684 92
Inission AB is a Sweden based company involved in providing industrial customers with tailored production and logistical services for complete electronic products and develops and manages these over their entire life cycle.

Inission AB (OSTO:INISS B) Headlines

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