GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Luxor A/S (LTS:0F5M) » Definitions » Cyclically Adjusted Book per Share

Luxor A/S (LTS:0F5M) Cyclically Adjusted Book per Share : kr466.42 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Luxor A/S 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.

Luxor A/S's adjusted book value per share for the three months ended in Dec. 2023 was kr528.096. 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 kr466.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Luxor A/S's average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% 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 Luxor A/S was 3.10% per year. The lowest was -2.00% per year. And the median was 1.10% per year.

As of today (2024-05-15), Luxor A/S's current stock price is kr525.00. Luxor A/S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr466.42. Luxor A/S's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Luxor A/S was 1.87. The lowest was 0.77. And the median was 0.99.


Luxor A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for Luxor A/S'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.

Luxor A/S Cyclically Adjusted Book per Share Chart

Luxor A/S Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 437.42 304.80 447.06

Luxor A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 303.34 379.34 419.96 447.06 466.42

Competitive Comparison of Luxor A/S's Cyclically Adjusted Book per Share

For the Mortgage Finance subindustry, Luxor A/S'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.


Luxor A/S's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Luxor A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Luxor A/S's Cyclically Adjusted PB Ratio falls into.



Luxor A/S 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, Luxor A/S's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=528.096/116.7000*116.7000
=528.096

Current CPI (Dec. 2023) = 116.7000.

Luxor A/S Quarterly Data

Book Value per Share CPI Adj_Book
201403 493.327 99.600 578.025
201406 504.295 99.700 590.283
201409 500.336 99.700 585.649
201412 487.733 99.400 572.620
201503 435.242 100.200 506.914
201506 445.142 100.300 517.927
201509 429.445 100.200 500.162
201512 420.473 99.800 491.675
201603 332.172 100.200 386.871
201606 423.436 100.600 491.203
201609 431.941 100.200 503.069
201612 444.101 100.300 516.716
201703 423.708 101.200 488.604
201706 422.842 101.200 487.605
201709 426.970 101.800 489.464
201712 429.743 101.300 495.074
201803 409.162 101.700 469.510
201806 415.224 102.300 473.672
201809 428.566 102.400 488.415
201812 433.481 102.100 495.468
201903 408.633 102.900 463.435
201906 415.584 102.900 471.318
201909 419.187 102.900 475.404
201912 436.080 102.900 494.563
202003 344.540 103.300 389.233
202006 424.760 103.200 480.325
202009 434.977 103.500 490.452
202012 448.073 103.400 505.707
202103 442.536 104.300 495.148
202106 458.962 105.000 510.103
202109 476.702 105.800 525.814
202112 498.041 106.600 545.229
202203 476.908 109.900 506.416
202206 549.552 113.600 564.549
202209 552.716 116.400 554.141
202212 560.362 115.900 564.230
202303 511.219 117.300 508.604
202306 526.695 116.400 528.052
202309 529.259 117.400 526.103
202312 528.096 116.700 528.096

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


Luxor A/S  (LTS:0F5M) 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.

Luxor A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=525.00/466.42
=1.13

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Luxor A/S was 1.87. The lowest was 0.77. And the median was 0.99.


Be Aware

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


Luxor A/S Cyclically Adjusted Book per Share Related Terms

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


Luxor A/S (LTS:0F5M) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Luxor A/S (LTS:0F5M) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Frederiksborggade, 4th floor, Copenhagen, DNK, 1360
Luxor A/S is an investment company. Its objective is to create the possible long-term return for shareholders through investment for equity and foreign capital within the defined risk framework. The company operates through four segments namely Mortgage deeds, Bonds, Shares and Investment properties. Its mortgage deed portfolio comprises of single family-houses, flats, cooperative housing, holiday houses, farms, and residential and business properties. The bond portfolio includes various corporate bonds. Its investment property portfolio consists of offices, shops, warehouses and production facilities.

Luxor A/S (LTS:0F5M) Headlines

No Headlines