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Orron Energy AB (OSTO:ORRON) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2024)


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What is Orron Energy AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Orron Energy AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Orron Energy 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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Orron Energy AB Cyclically Adjusted PB Ratio Chart

Orron Energy AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Orron Energy AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Orron Energy AB's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, Orron Energy 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.


Orron Energy AB's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orron Energy AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Orron Energy 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.

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

For example, Orron Energy 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)
=13.536/132.2054*132.2054
=13.536

Current CPI (Mar. 2024) = 132.2054.

Orron Energy AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.286 100.432 33.286
201409 25.067 100.161 33.087
201412 10.800 100.225 14.246
201503 3.783 99.950 5.004
201506 7.089 99.995 9.373
201509 0.024 100.228 0.032
201512 -13.642 100.276 -17.986
201603 -8.558 100.751 -11.230
201606 4.584 101.019 5.999
201609 10.363 101.138 13.546
201612 -6.473 102.022 -8.388
201703 -14.768 102.022 -19.137
201706 -10.562 102.752 -13.590
201709 -5.959 103.279 -7.628
201712 -8.563 103.793 -10.907
201803 -1.921 103.962 -2.443
201806 -5.724 104.875 -7.216
201809 -3.893 105.679 -4.870
201812 -10.182 105.912 -12.710
201903 -22.935 105.886 -28.636
201906 -22.144 106.742 -27.427
201909 -61.925 107.214 -76.360
201912 -52.661 107.766 -64.604
202003 -89.418 106.563 -110.935
202006 -75.801 107.498 -93.223
202009 -66.411 107.635 -81.571
202012 -51.464 108.296 -62.826
202103 -62.634 108.360 -76.417
202106 -56.351 108.928 -68.393
202109 -52.115 110.338 -62.443
202112 -45.227 112.486 -53.156
202203 -30.199 114.825 -34.770
202206 12.992 118.384 14.509
202209 13.219 122.296 14.290
202212 13.511 126.365 14.135
202303 13.750 127.042 14.309
202306 13.825 129.407 14.124
202309 13.894 130.224 14.105
202312 13.720 131.912 13.751
202403 13.536 132.205 13.536

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.


Orron Energy AB  (OSTO:ORRON) 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.


Orron Energy AB Cyclically Adjusted PB Ratio Related Terms

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Orron Energy AB (OSTO:ORRON) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5, Stockholm, SWE, 111 48
Orron Energy AB is an independent renewable energy company, with high-quality and low-cost wind and hydro assets in the Nordics.

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