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Mowi ASA (Mowi ASA) Cyclically Adjusted Book per Share : $6.08 (As of Dec. 2023)


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What is Mowi ASA 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.

Mowi ASA's adjusted book value per share for the three months ended in Dec. 2023 was $7.578. 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 $6.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mowi ASA's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Mowi ASA was 10.70% per year. The lowest was 5.70% per year. And the median was 7.75% per year.

As of today (2024-05-01), Mowi ASA's current stock price is $16.90. Mowi ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.08. Mowi ASA's Cyclically Adjusted PB Ratio of today is 2.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mowi ASA was 5.41. The lowest was 1.59. And the median was 4.15.


Mowi ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Cyclically Adjusted Book per Share Chart

Mowi ASA 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 5.04 5.30 5.67 5.69 6.08

Mowi ASA 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 5.69 5.10 5.74 5.61 6.08

Competitive Comparison of Mowi ASA's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mowi ASA 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, Mowi ASA'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)
=7.578/131.9000*131.9000
=7.578

Current CPI (Dec. 2023) = 131.9000.

Mowi ASA Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.682 97.300 9.058
201406 5.719 97.500 7.737
201409 5.444 98.500 7.290
201412 4.922 98.600 6.584
201503 5.088 99.200 6.765
201506 5.038 100.100 6.638
201509 4.681 100.600 6.137
201512 4.585 100.900 5.994
201603 4.829 102.500 6.214
201606 4.795 103.800 6.093
201609 4.907 104.200 6.211
201612 4.848 104.400 6.125
201703 5.087 105.000 6.390
201706 5.802 105.800 7.233
201709 6.135 105.900 7.641
201712 5.587 106.100 6.946
201803 5.892 107.300 7.243
201806 5.735 108.500 6.972
201809 5.585 109.500 6.728
201812 6.343 109.800 7.620
201903 6.535 110.400 7.808
201906 6.473 110.600 7.720
201909 6.003 111.100 7.127
201912 6.214 111.300 7.364
202003 5.606 111.200 6.650
202006 5.786 112.100 6.808
202009 6.195 112.900 7.238
202012 6.498 112.900 7.592
202103 7.020 114.600 8.080
202106 7.270 115.300 8.317
202109 6.943 117.500 7.794
202112 6.837 118.900 7.585
202203 6.965 119.800 7.668
202206 7.226 122.600 7.774
202209 6.719 125.600 7.056
202212 7.185 125.900 7.527
202303 7.579 127.600 7.834
202306 7.252 130.400 7.335
202309 7.202 129.800 7.319
202312 7.578 131.900 7.578

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


Mowi ASA  (OTCPK:MNHVF) 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.

Mowi ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.90/6.08
=2.78

* 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 Mowi ASA was 5.41. The lowest was 1.59. And the median was 4.15.


Be Aware

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


Mowi ASA Cyclically Adjusted Book per Share Related Terms

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


Mowi ASA (Mowi ASA) Business Description

Address
Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (Mowi ASA) Headlines

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