GURUFOCUS.COM » STOCK LIST » Technology » Software » Arribatec Group ASA (OSL:ARR) » Definitions » Cyclically Adjusted Book per Share

Arribatec Group ASA (OSL:ARR) Cyclically Adjusted Book per Share : kr1,997.97 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Arribatec Group 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.

Arribatec Group ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr3.677. 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 kr1,997.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arribatec Group ASA's average Cyclically Adjusted Book Growth Rate was -24.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -17.30% 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 Arribatec Group ASA was -14.80% per year. The lowest was -20.40% per year. And the median was -18.40% per year.

As of today (2024-06-05), Arribatec Group ASA's current stock price is kr3.59. Arribatec Group ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1,997.97. Arribatec Group ASA's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arribatec Group ASA was 0.03. The lowest was 0.01. And the median was 0.02.


Arribatec Group ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arribatec Group 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.

Arribatec Group ASA Cyclically Adjusted Book per Share Chart

Arribatec Group 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 5,125.17 4,329.75 3,382.84 2,787.96 2,180.98

Arribatec Group ASA Quarterly Data
Mar19 Jun19 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 2,651.00 2,532.27 2,345.93 2,180.98 1,997.97

Competitive Comparison of Arribatec Group ASA's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Arribatec Group 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.


Arribatec Group ASA's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Arribatec Group ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Arribatec Group 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, Arribatec Group ASA'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)
=3.677/132.6000*132.6000
=3.677

Current CPI (Mar. 2024) = 132.6000.

Arribatec Group ASA Quarterly Data

Book Value per Share CPI Adj_Book
201403 5,481.603 97.300 7,470.304
201406 5,544.879 97.500 7,541.035
201409 5,500.352 98.500 7,404.535
201412 5,081.516 98.600 6,833.763
201503 5,388.395 99.200 7,202.633
201506 5,610.669 100.100 7,432.315
201509 5,900.796 100.600 7,777.789
201512 -2.011 100.900 -2.643
201603 12,038.812 102.500 15,574.112
201606 5,251.344 103.800 6,708.364
201609 1,386.486 104.200 1,764.377
201612 -44.833 104.400 -56.943
201703 37.504 105.000 47.362
201706 33.287 105.800 41.719
201709 15.149 105.900 18.968
201712 20.157 106.100 25.192
201803 5.749 107.300 7.105
201806 20.573 108.500 25.143
201809 12.115 109.500 14.671
201812 7.365 109.800 8.894
201903 -4.547 110.400 -5.461
201906 -1.751 110.600 -2.099
201912 6.242 111.300 7.437
202003 0.000 111.200 0.000
202006 5.279 112.100 6.244
202009 0.000 112.900 0.000
202012 7.419 112.900 8.714
202103 7.960 114.600 9.210
202106 7.536 115.300 8.667
202109 5.516 117.500 6.225
202112 5.314 118.900 5.926
202203 4.938 119.800 5.466
202206 4.743 122.600 5.130
202209 4.493 125.600 4.743
202212 4.083 125.900 4.300
202303 4.032 127.600 4.190
202306 4.012 130.400 4.080
202309 3.948 129.800 4.033
202312 3.773 131.900 3.793
202403 3.677 132.600 3.677

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


Arribatec Group ASA  (OSL:ARR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.59/1997.97
=0.00

* 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 Arribatec Group ASA was 0.03. The lowest was 0.01. And the median was 0.02.


Be Aware

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


Arribatec Group ASA Cyclically Adjusted Book per Share Related Terms

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


Arribatec Group ASA (OSL:ARR) Business Description

Industry
Traded in Other Exchanges
Address
Sjolyst plass 2, Oslo, NOR, 0585
Arribatec Group ASA is a software and consulting company. It services comprise Business services focusing on ERP, BI & Analytics, Devops, integrations, and research management; EA & BPM provides Enterprise Architecture and Business Process Management; Cloud provides Cloud solutions hybrid, Azure, Splunk, GDPR. Arribatec Cloud provides consulting outsourcing, and cloud services to private and public enterprises. Hospitality delivers a variety of different solutions within self check-in, check-out, housekeeping management, conference systems. Marine is the Business Unit of Arribatec Group focusing on the Maritime sector.