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Loomis AB (OSTO:LOOMIS) Cyclically Adjusted PB Ratio : 2.13 (As of May. 24, 2024)


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What is Loomis AB Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Loomis AB's current share price is kr296.60. Loomis AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr139.07. Loomis AB's Cyclically Adjusted PB Ratio for today is 2.13.

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

OSTO:LOOMIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.89   Max: 5.95
Current: 1.96

During the past years, Loomis AB's highest Cyclically Adjusted PB Ratio was 5.95. The lowest was 1.89. And the median was 2.89.

OSTO:LOOMIS's Cyclically Adjusted PB Ratio is ranked worse than
58.16% of 662 companies
in the Business Services industry
Industry Median: 1.58 vs OSTO:LOOMIS: 1.96

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.

Loomis AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr192.141. 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 kr139.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loomis AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Loomis 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.

Loomis AB Cyclically Adjusted PB Ratio Chart

Loomis 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 5.15 2.69 2.51 2.40 1.97

Loomis 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 2.90 2.46 2.24 1.97 2.15

Competitive Comparison of Loomis AB's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Loomis 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.


Loomis AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Loomis 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=296.60/139.07
=2.13

* 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.

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

For example, Loomis 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)
=192.141/132.2054*132.2054
=192.141

Current CPI (Mar. 2024) = 132.2054.

Loomis AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 56.824 100.432 74.801
201409 61.920 100.161 81.730
201412 65.243 100.225 86.061
201503 72.914 99.950 96.444
201506 68.514 99.995 90.584
201509 73.047 100.228 96.352
201512 77.686 100.276 102.423
201603 76.981 100.751 101.014
201606 74.881 101.019 97.998
201609 78.776 101.138 102.975
201612 88.360 102.022 114.502
201703 90.660 102.022 117.483
201706 84.559 102.752 108.797
201709 87.417 103.279 111.901
201712 93.545 103.793 119.152
201803 101.654 103.962 129.271
201806 102.837 104.875 129.637
201809 107.649 105.679 134.670
201812 111.943 105.912 139.734
201903 119.108 105.886 148.714
201906 114.056 106.742 141.265
201909 123.588 107.214 152.396
201912 127.496 107.766 156.410
202003 142.730 106.563 177.076
202006 131.058 107.498 161.181
202009 130.925 107.635 160.812
202012 116.609 108.296 142.354
202103 128.041 108.360 156.218
202106 123.322 108.928 149.676
202109 128.470 110.338 153.931
202112 136.270 112.486 160.159
202203 147.307 114.825 169.604
202206 160.746 118.384 179.514
202209 183.440 122.296 198.303
202212 173.939 126.365 181.978
202303 178.624 127.042 185.884
202306 184.857 129.407 188.855
202309 189.022 130.224 191.899
202312 178.385 131.912 178.782
202403 192.141 132.205 192.141

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.


Loomis AB  (OSTO:LOOMIS) 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.


Loomis AB Cyclically Adjusted PB Ratio Related Terms

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


Loomis AB (OSTO:LOOMIS) Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

Loomis AB (OSTO:LOOMIS) Headlines

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