GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Prostalund AB (OSTO:PLUN) » Definitions » Cyclically Adjusted PB Ratio

Prostalund AB (OSTO:PLUN) Cyclically Adjusted PB Ratio : 0.43 (As of Jun. 01, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Prostalund AB Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Prostalund AB's current share price is kr0.646. Prostalund AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.49. Prostalund AB's Cyclically Adjusted PB Ratio for today is 0.43.

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

OSTO:PLUN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.54   Max: 2.88
Current: 0.38

During the past years, Prostalund AB's highest Cyclically Adjusted PB Ratio was 2.88. The lowest was 0.38. And the median was 1.54.

OSTO:PLUN's Cyclically Adjusted PB Ratio is ranked better than
88.04% of 326 companies
in the Healthcare Providers & Services industry
Industry Median: 1.93 vs OSTO:PLUN: 0.38

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.

Prostalund AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr0.660. 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 kr1.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prostalund AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prostalund 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.

Prostalund AB Cyclically Adjusted PB Ratio Chart

Prostalund 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 - - - 2.62 1.09

Prostalund 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 2.51 1.47 1.60 1.09 0.71

Competitive Comparison of Prostalund AB's Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Prostalund 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.


Prostalund AB's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Prostalund AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Prostalund 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.646/1.49
=0.43

* 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.

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

For example, Prostalund 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)
=0.66/132.2054*132.2054
=0.660

Current CPI (Mar. 2024) = 132.2054.

Prostalund AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.171 100.432 4.174
201409 1.915 100.161 2.528
201412 1.619 100.225 2.136
201503 1.377 99.950 1.821
201506 1.047 99.995 1.384
201509 2.773 100.228 3.658
201512 2.554 100.276 3.367
201603 2.195 100.751 2.880
201606 1.869 101.019 2.446
201609 1.644 101.138 2.149
201612 2.418 102.022 3.133
201703 2.157 102.022 2.795
201706 1.713 102.752 2.204
201709 1.585 103.279 2.029
201712 1.081 103.793 1.377
201803 1.274 103.962 1.620
201806 1.058 104.875 1.334
201809 0.981 105.679 1.227
201812 0.748 105.912 0.934
201903 0.000 105.886 0.000
201906 0.726 106.742 0.899
201909 0.816 107.214 1.006
201912 0.634 107.766 0.778
202003 0.577 106.563 0.716
202006 0.525 107.498 0.646
202009 0.661 107.635 0.812
202012 0.587 108.296 0.717
202103 0.541 108.360 0.660
202106 0.484 108.928 0.587
202109 0.700 110.338 0.839
202112 0.672 112.486 0.790
202203 0.625 114.825 0.720
202206 0.527 118.384 0.589
202209 0.782 122.296 0.845
202212 0.721 126.365 0.754
202303 0.665 127.042 0.692
202306 0.842 129.407 0.860
202309 0.766 130.224 0.778
202312 0.722 131.912 0.724
202403 0.660 132.205 0.660

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.


Prostalund AB  (OSTO:PLUN) 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.


Prostalund AB Cyclically Adjusted PB Ratio Related Terms

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


Prostalund AB (OSTO:PLUN) Business Description

Traded in Other Exchanges
Address
Mobilvagen 10, Lund, SWE, SE-223 63
Prostalund AB is a medical technology company engaged in development of products and treatments in urology.

Prostalund AB (OSTO:PLUN) Headlines

No Headlines