GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mowi ASA (STU:PNDA) » Definitions » Cyclically Adjusted Book per Share

Mowi ASA (STU:PNDA) Cyclically Adjusted Book per Share : €5.29 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Mowi 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.

Mowi ASA's adjusted book value per share for the three months ended in Mar. 2024 was €7.143. 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 €5.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mowi ASA's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Mowi ASA was 10.70% per year. The lowest was 5.70% per year. And the median was 7.75% per year.

As of today (2024-05-27), Mowi ASA's current stock price is €16.40. Mowi ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.29. Mowi ASA's Cyclically Adjusted PB Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mowi ASA was 5.41. The lowest was 1.59. And the median was 4.14.


Mowi ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mowi 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.

Mowi ASA Cyclically Adjusted Book per Share Chart

Mowi 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 4.42 4.32 4.99 5.23 5.41

Mowi 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 5.01 5.09 5.32 5.41 5.29

Competitive Comparison of Mowi ASA's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Mowi 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.


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

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

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



Mowi 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, Mowi 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)
=7.143/132.6000*132.6000
=7.143

Current CPI (Mar. 2024) = 132.6000.

Mowi ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.209 97.500 5.724
201409 4.225 98.500 5.688
201412 3.992 98.600 5.369
201503 4.701 99.200 6.284
201506 4.488 100.100 5.945
201509 4.170 100.600 5.496
201512 4.209 100.900 5.531
201603 4.336 102.500 5.609
201606 4.268 103.800 5.452
201609 4.372 104.200 5.564
201612 4.596 104.400 5.837
201703 4.757 105.000 6.007
201706 5.164 105.800 6.472
201709 5.147 105.900 6.445
201712 4.721 106.100 5.900
201803 4.779 107.300 5.906
201806 4.910 108.500 6.001
201809 4.786 109.500 5.796
201812 5.576 109.800 6.734
201903 5.783 110.400 6.946
201906 5.728 110.600 6.867
201909 5.450 111.100 6.505
201912 5.593 111.300 6.663
202003 5.074 111.200 6.050
202006 5.138 112.100 6.078
202009 5.260 112.900 6.178
202012 5.341 112.900 6.273
202103 5.897 114.600 6.823
202106 6.034 115.300 6.939
202109 5.902 117.500 6.660
202112 6.051 118.900 6.748
202203 6.324 119.800 7.000
202206 6.836 122.600 7.394
202209 6.786 125.600 7.164
202212 6.783 125.900 7.144
202303 7.079 127.600 7.356
202306 6.693 130.400 6.806
202309 6.749 129.800 6.895
202312 6.949 131.900 6.986
202403 7.143 132.600 7.143

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


Mowi ASA  (STU:PNDA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.40/5.29
=3.10

* 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 Mowi ASA was 5.41. The lowest was 1.59. And the median was 4.14.


Be Aware

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


Mowi ASA Cyclically Adjusted Book per Share Related Terms

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


Mowi ASA (STU:PNDA) Business Description

Address
Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (STU:PNDA) Headlines

No Headlines