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Kinnevik AB (OSTO:KINV A) Cyclically Adjusted Book per Share : kr342.32 (As of Mar. 2024)


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What is Kinnevik 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.

Kinnevik AB's adjusted book value per share for the three months ended in Mar. 2024 was kr170.207. 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 kr342.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kinnevik AB's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Kinnevik AB was 7.80% per year. The lowest was 5.50% per year. And the median was 6.50% per year.

As of today (2024-06-04), Kinnevik AB's current stock price is kr123.00. Kinnevik AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr342.32. Kinnevik AB's Cyclically Adjusted PB Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kinnevik AB was 2.02. The lowest was 0.28. And the median was 0.96.


Kinnevik AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kinnevik 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.

Kinnevik AB Cyclically Adjusted Book per Share Chart

Kinnevik 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 271.44 285.91 305.71 339.59 345.17

Kinnevik 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 339.87 344.55 344.11 345.17 342.32

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

For the Asset Management subindustry, Kinnevik 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.


Kinnevik AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kinnevik AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kinnevik 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, Kinnevik 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)
=170.207/132.2054*132.2054
=170.207

Current CPI (Mar. 2024) = 132.2054.

Kinnevik AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 245.796 100.432 323.557
201409 275.281 100.161 363.352
201412 303.490 100.225 400.331
201503 301.691 99.950 399.050
201506 313.640 99.995 414.670
201509 295.388 100.228 389.631
201512 300.876 100.276 396.680
201603 264.394 100.751 346.937
201606 234.628 101.019 307.061
201609 270.820 101.138 354.012
201612 263.285 102.022 341.180
201703 288.925 102.022 374.406
201706 297.645 102.752 382.962
201709 311.363 103.279 398.570
201712 329.436 103.793 419.617
201803 339.279 103.962 431.452
201806 350.413 104.875 441.733
201809 286.319 105.679 358.188
201812 255.708 105.912 319.190
201903 305.592 105.886 381.550
201906 322.972 106.742 400.019
201909 333.576 107.214 411.333
201912 264.982 107.766 325.075
202003 234.722 106.563 291.204
202006 322.504 107.498 396.629
202009 388.390 107.635 477.049
202012 402.020 108.296 490.779
202103 423.911 108.360 517.198
202106 274.053 108.928 332.618
202109 273.163 110.338 327.299
202112 259.767 112.486 305.306
202203 243.504 114.825 280.361
202206 218.324 118.384 243.814
202209 207.047 122.296 223.823
202212 188.899 126.365 197.629
202303 198.018 127.042 206.067
202306 191.932 129.407 196.083
202309 180.324 130.224 183.068
202312 172.808 131.912 173.193
202403 170.207 132.205 170.207

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


Kinnevik AB  (OSTO:KINV A) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=123.00/342.32
=0.36

* 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 Kinnevik AB was 2.02. The lowest was 0.28. And the median was 0.96.


Be Aware

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


Kinnevik AB Cyclically Adjusted Book per Share Related Terms

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


Kinnevik AB (OSTO:KINV A) Business Description

Industry
Traded in Other Exchanges
Address
Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13
Kinnevik AB is an operationally oriented investment group with an entrepreneurial focus on building digital brands. It concentrates its growth-style investment efforts on four sectors: TMT, e-commerce and marketplaces, Healthcare and financial services. Nearly all of its capital is committed to the communication and e-commerce and marketplace sectors. The group, through its various subsidiaries, is geographically diversified and operationally present in over 80 countries. Kinnevik's bias is toward investing in emerging markets because of the opportunity afforded by these markets' reliance on legacy products and services. A key component of its strategy is to create consumer choice of solutions in markets where supply may have been previously constrained.

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