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Northbaze Group AB (OSTO:NBZ) Cyclically Adjusted Book per Share : kr1.58 (As of Mar. 2024)


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What is Northbaze Group 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.

Northbaze Group AB's adjusted book value per share for the three months ended in Mar. 2024 was kr0.403. 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 kr1.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Northbaze Group AB's average Cyclically Adjusted Book Growth Rate was -15.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.80% 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 Northbaze Group AB was -1.20% per year. The lowest was -2.80% per year. And the median was -2.00% per year.

As of today (2024-06-04), Northbaze Group AB's current stock price is kr0.274. Northbaze Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.58. Northbaze Group AB's Cyclically Adjusted PB Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Northbaze Group AB was 0.99. The lowest was 0.14. And the median was 0.32.


Northbaze Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Northbaze Group 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.

Northbaze Group AB Cyclically Adjusted Book per Share Chart

Northbaze Group AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.83 1.90 1.94 1.68

Northbaze Group 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 1.87 1.82 1.75 1.68 1.58

Competitive Comparison of Northbaze Group AB's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Northbaze Group 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.


Northbaze Group AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Northbaze Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Northbaze Group 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, Northbaze Group 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)
=0.403/132.2054*132.2054
=0.403

Current CPI (Mar. 2024) = 132.2054.

Northbaze Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.707 100.174 4.892
201407 3.587 100.104 4.737
201410 3.716 100.215 4.902
201501 3.295 99.172 4.393
201504 2.970 99.941 3.929
201507 2.663 100.027 3.520
201510 2.551 100.301 3.362
201601 2.339 99.931 3.094
201604 2.093 100.732 2.747
201607 1.850 101.080 2.420
201610 1.603 101.485 2.088
201701 1.411 101.326 1.841
201704 0.957 102.615 1.233
201707 0.658 103.301 0.842
201710 0.483 103.202 0.619
201803 0.841 103.962 1.069
201806 1.392 104.875 1.755
201809 0.988 105.679 1.236
201812 0.824 105.912 1.029
201903 0.717 105.886 0.895
201906 1.223 106.742 1.515
201909 0.582 107.214 0.718
201912 0.559 107.766 0.686
202003 0.540 106.563 0.670
202006 0.500 107.498 0.615
202009 0.459 107.635 0.564
202012 0.458 108.296 0.559
202103 0.444 108.360 0.542
202106 0.395 108.928 0.479
202109 0.361 110.338 0.433
202112 0.354 112.486 0.416
202203 0.665 114.825 0.766
202206 0.671 118.384 0.749
202209 0.668 122.296 0.722
202212 0.607 126.365 0.635
202303 0.567 127.042 0.590
202306 0.518 129.407 0.529
202309 0.496 130.224 0.504
202312 0.401 131.912 0.402
202403 0.403 132.205 0.403

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


Northbaze Group AB  (OSTO:NBZ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.274/1.58
=0.17

* 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 Northbaze Group AB was 0.99. The lowest was 0.14. And the median was 0.32.


Be Aware

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


Northbaze Group AB Cyclically Adjusted Book per Share Related Terms

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


Northbaze Group AB (OSTO:NBZ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Asogatan 121, 4F, Stockholm, SWE, 116 24
Northbaze Group AB, formerly Jays Group AB is a Sweden based company engaged in designing, engineering, and marketing of earphones, headphones and other musical related products. The company markets its products in the international market under its own brand name. Its products include a-JAYS and q-JAYS series earphones, u-JAYS On-ear headphones, and others. The products of the company are used together with mobile phones, tablets, and media players.

Northbaze Group AB (OSTO:NBZ) Headlines

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