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Betsson AB (Betsson AB) Cyclically Adjusted Book per Share : $4.01 (As of Mar. 2024)


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What is Betsson AB Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Betsson AB's adjusted book value per share for the three months ended in Mar. 2024 was $6.461. 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 $4.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Betsson AB's average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Betsson AB was 18.40% per year. The lowest was 14.00% per year. And the median was 17.10% per year.

As of today (2024-06-10), Betsson AB's current stock price is $9.50. Betsson AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.01. Betsson AB's Cyclically Adjusted PB Ratio of today is 2.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Betsson AB was 6.66. The lowest was 1.55. And the median was 2.92.


Betsson AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Betsson AB's Cyclically Adjusted Book per Share 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.

Betsson AB Cyclically Adjusted Book per Share Chart

Betsson AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 2.24 2.91 3.34 3.73

Betsson 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 Book per Share 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 3.46 3.26 3.24 3.73 4.01

Competitive Comparison of Betsson AB's Cyclically Adjusted Book per Share

For the Gambling subindustry, Betsson 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.


Betsson AB's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Betsson AB Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Betsson 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)
=6.461/132.2054*132.2054
=6.461

Current CPI (Mar. 2024) = 132.2054.

Betsson AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.721 100.432 3.582
201409 2.779 100.161 3.668
201412 2.907 100.225 3.835
201503 2.723 99.950 3.602
201506 2.501 99.995 3.307
201509 2.652 100.228 3.498
201512 2.699 100.276 3.558
201603 2.977 100.751 3.906
201606 2.612 101.019 3.418
201609 2.816 101.138 3.681
201612 2.787 102.022 3.612
201703 3.032 102.022 3.929
201706 2.768 102.752 3.561
201709 3.062 103.279 3.920
201712 3.192 103.793 4.066
201803 3.569 103.962 4.539
201806 3.305 104.875 4.166
201809 3.499 105.679 4.377
201812 3.668 105.912 4.579
201903 3.840 105.886 4.794
201906 3.539 106.742 4.383
201909 3.593 107.214 4.431
201912 3.754 107.766 4.605
202003 3.957 106.563 4.909
202006 4.095 107.498 5.036
202009 4.152 107.635 5.100
202012 4.445 108.296 5.426
202103 4.617 108.360 5.633
202106 4.541 108.928 5.511
202109 4.713 110.338 5.647
202112 4.723 112.486 5.551
202203 4.791 114.825 5.516
202206 4.691 118.384 5.239
202209 4.701 122.296 5.082
202212 5.060 126.365 5.294
202303 5.384 127.042 5.603
202306 5.593 129.407 5.714
202309 5.987 130.224 6.078
202312 6.116 131.912 6.130
202403 6.461 132.205 6.461

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Betsson AB  (OTCPK:BTSBF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Betsson AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.50/4.01
=2.37

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Betsson AB was 6.66. The lowest was 1.55. And the median was 2.92.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Betsson AB Cyclically Adjusted Book per Share Related Terms

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


Betsson AB (Betsson AB) Business Description

Industry
Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (Betsson AB) Headlines

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