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Svolder AB (OSTO:SVOL A) Cyclically Adjusted Book per Share : kr41.42 (As of Feb. 2024)


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What is Svolder 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.

Svolder AB's adjusted book value per share for the three months ended in Feb. 2024 was kr55.074. 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 kr41.42 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Svolder AB's average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.10% 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 Svolder AB was 26.10% per year. The lowest was 14.50% per year. And the median was 19.40% per year.

As of today (2024-06-06), Svolder AB's current stock price is kr111.00. Svolder AB's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was kr41.42. Svolder AB's Cyclically Adjusted PB Ratio of today is 2.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Svolder AB was 5.54. The lowest was 1.24. And the median was 2.27.


Svolder AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Svolder 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.

Svolder AB Cyclically Adjusted Book per Share Chart

Svolder AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 19.35 24.07 31.94 38.83

Svolder AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 35.81 37.44 38.83 40.11 41.42

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

For the Asset Management subindustry, Svolder 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.


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

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

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



Svolder 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, Svolder AB's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=55.074/132.0458*132.0458
=55.074

Current CPI (Feb. 2024) = 132.0458.

Svolder AB Quarterly Data

Book Value per Share CPI Adj_Book
201405 13.207 100.225 17.400
201408 12.826 100.001 16.936
201411 12.901 100.068 17.024
201502 14.363 99.867 18.991
201505 14.927 100.285 19.654
201508 14.404 99.829 19.052
201511 16.432 100.129 21.670
201602 16.180 100.253 21.311
201605 18.072 100.914 23.647
201608 21.313 100.968 27.873
201611 21.781 101.517 28.331
201702 25.212 102.037 32.627
201705 27.367 102.679 35.194
201708 27.462 103.138 35.159
201711 26.624 103.413 33.996
201802 26.807 103.678 34.142
201805 28.646 104.632 36.151
201808 30.424 105.197 38.189
201811 25.612 105.443 32.074
201902 28.013 105.641 35.015
201905 30.086 106.895 37.165
201908 29.796 106.716 36.868
201911 32.819 107.345 40.371
202002 31.744 106.742 39.269
202005 29.080 106.882 35.926
202008 35.998 107.571 44.188
202011 39.752 107.549 48.806
202102 47.114 108.190 57.502
202105 56.750 108.838 68.851
202108 69.485 109.780 83.578
202111 71.700 111.069 85.241
202202 58.027 112.834 67.907
202205 59.645 116.746 67.461
202208 57.278 120.573 62.728
202211 57.103 123.803 60.905
202302 57.149 126.321 59.739
202305 57.898 128.034 59.712
202308 51.247 129.560 52.230
202311 48.312 130.958 48.713
202402 55.074 132.046 55.074

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


Svolder AB  (OSTO:SVOL 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=111.00/41.42
=2.68

* 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 Svolder AB was 5.54. The lowest was 1.24. And the median was 2.27.


Be Aware

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


Svolder AB Cyclically Adjusted Book per Share Related Terms

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


Svolder AB (OSTO:SVOL A) Business Description

Industry
Traded in Other Exchanges
Address
Birger Jarlsgatan 13 Box 70431, Stockholm, SWE, SE-107 25
Svolder AB is an investment trust. The company holds investments in small to medium-sized publically traded Swedish companies. It has stakes in GARO, Troax, Nordic Waterproofing, New Wave Group, FM Mattsson Mora, Beijer Electronics Group, Platzer Fastigheter, Scandic Hotels, XANO, ITAB Shop Concept, Elanders, Boule Diagnostics and Elos Medtech.

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