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Saab AB (OSTO:SAAB B) Cyclically Adjusted Book per Share : kr124.16 (As of Mar. 2024)


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What is Saab 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.

Saab AB's adjusted book value per share for the three months ended in Mar. 2024 was kr61.324. 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 kr124.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saab AB's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 Saab AB was 14.10% per year. The lowest was 8.50% per year. And the median was 12.00% per year.

As of today (2024-06-04), Saab AB's current stock price is kr256.50. Saab AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr124.16. Saab AB's Cyclically Adjusted PB Ratio of today is 2.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saab AB was 2.07. The lowest was 0.56. And the median was 0.95.


Saab AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saab 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.

Saab AB Cyclically Adjusted Book per Share Chart

Saab 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 78.51 89.57 98.77 116.69 125.77

Saab 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 119.78 124.62 123.52 125.77 124.16

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

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saab 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, Saab 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)
=61.324/132.2054*132.2054
=61.324

Current CPI (Mar. 2024) = 132.2054.

Saab AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 100.025 100.432 131.669
201409 95.593 100.161 126.176
201412 22.864 100.225 30.160
201503 98.486 99.950 130.269
201506 103.056 99.995 136.253
201509 100.168 100.228 132.126
201512 25.911 100.276 34.162
201603 111.084 100.751 145.764
201606 104.693 101.019 137.013
201609 105.272 101.138 137.610
201612 26.414 102.022 34.229
201703 118.852 102.022 154.015
201706 114.323 102.752 147.093
201709 119.220 103.279 152.611
201712 28.192 103.793 35.909
201803 0.000 103.962 0.000
201806 116.637 104.875 147.033
201809 114.170 105.679 142.828
201812 36.357 105.912 45.383
201903 38.029 105.886 47.482
201906 36.110 106.742 44.724
201909 142.994 107.214 176.326
201912 38.621 107.766 47.380
202003 160.886 106.563 199.601
202006 160.031 107.498 196.813
202009 152.912 107.635 187.818
202012 41.715 108.296 50.925
202103 167.587 108.360 204.467
202106 168.501 108.928 204.510
202109 42.605 110.338 51.049
202112 44.954 112.486 52.835
202203 188.853 114.825 217.438
202206 201.553 118.384 225.085
202209 207.251 122.296 224.044
202212 55.639 126.365 58.210
202303 225.573 127.042 234.742
202306 231.593 129.407 236.602
202309 59.345 130.224 60.248
202312 60.104 131.912 60.238
202403 61.324 132.205 61.324

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


Saab AB  (OSTO:SAAB B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=256.50/124.16
=2.07

* 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 Saab AB was 2.07. The lowest was 0.56. And the median was 0.95.


Be Aware

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


Saab AB Cyclically Adjusted Book per Share Related Terms

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


Saab AB (OSTO:SAAB B) Business Description

Industry
Traded in Other Exchanges
Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (OSTO:SAAB B) Headlines

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