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Grieg Seafood ASA (OSL:GSF) Cyclically Adjusted Book per Share : kr42.46 (As of Mar. 2024)


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What is Grieg Seafood 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.

Grieg Seafood ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr56.947. 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 kr42.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grieg Seafood ASA's average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.40% 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 Grieg Seafood ASA was 16.10% per year. The lowest was 10.60% per year. And the median was 14.10% per year.

As of today (2024-05-26), Grieg Seafood ASA's current stock price is kr72.95. Grieg Seafood ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr42.46. Grieg Seafood ASA's Cyclically Adjusted PB Ratio of today is 1.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grieg Seafood ASA was 6.01. The lowest was 0.45. And the median was 3.21.


Grieg Seafood ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grieg Seafood 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.

Grieg Seafood ASA Cyclically Adjusted Book per Share Chart

Grieg Seafood 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 24.25 26.46 30.25 36.04 41.44

Grieg Seafood ASA 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 37.61 39.26 39.92 41.44 42.46

Competitive Comparison of Grieg Seafood ASA's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Grieg Seafood 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.


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

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

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



Grieg Seafood 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, Grieg Seafood 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)
=56.947/132.6000*132.6000
=56.947

Current CPI (Mar. 2024) = 132.6000.

Grieg Seafood ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.119 97.500 24.642
201409 17.522 98.500 23.588
201412 20.125 98.600 27.065
201503 19.704 99.200 26.338
201506 18.386 100.100 24.355
201509 18.594 100.600 24.509
201512 19.990 100.900 26.270
201603 21.336 102.500 27.601
201606 23.240 103.800 29.688
201609 24.366 104.200 31.007
201612 28.536 104.400 36.244
201703 27.954 105.000 35.302
201706 27.177 105.800 34.061
201709 28.764 105.900 36.016
201712 29.928 106.100 37.403
201803 31.466 107.300 38.885
201806 30.978 108.500 37.859
201809 33.119 109.500 40.106
201812 34.718 109.800 41.927
201903 37.147 110.400 44.617
201906 36.330 110.600 43.557
201909 34.489 111.100 41.163
201912 36.979 111.300 44.056
202003 33.989 111.200 40.530
202006 40.347 112.100 47.725
202009 38.990 112.900 45.793
202012 38.930 112.900 45.723
202103 40.112 114.600 46.412
202106 41.594 115.300 47.835
202109 43.370 117.500 48.944
202112 49.533 118.900 55.240
202203 55.817 119.800 61.781
202206 60.886 122.600 65.852
202209 58.824 125.600 62.102
202212 57.859 125.900 60.938
202303 62.730 127.600 65.188
202306 54.087 130.400 55.000
202309 54.992 129.800 56.178
202312 59.476 131.900 59.792
202403 56.947 132.600 56.947

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


Grieg Seafood ASA  (OSL:GSF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=72.95/42.46
=1.72

* 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 Grieg Seafood ASA was 6.01. The lowest was 0.45. And the median was 3.21.


Be Aware

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


Grieg Seafood ASA Cyclically Adjusted Book per Share Related Terms

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


Grieg Seafood ASA (OSL:GSF) Business Description

Traded in Other Exchanges
Address
C. Sundtsgate 17/19, Grieg-Gaarden, Bergen, NOR, 5004
Grieg Seafood ASA is an integrated Norwegian seafood company engaged in farming Atlantic salmon. The company's facilities are located in Finnmark and Rogaland in Norway and British Columbia and Newfoundland in Canada. Its product portfolio includes fresh whole fish, freshly processed fish, frozen processed fish, frozen whole fish, and other products.

Grieg Seafood ASA (OSL:GSF) Headlines

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