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Phase Holographic Imaging PHI AB (XSAT:PHI) Cyclically Adjusted Book per Share : kr2.05 (As of Jan. 2024)


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What is Phase Holographic Imaging PHI 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.

Phase Holographic Imaging PHI AB's adjusted book value per share for the three months ended in Jan. 2024 was kr0.416. 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 kr2.05 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Phase Holographic Imaging PHI AB's average Cyclically Adjusted Book Growth Rate was -5.10% 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.

As of today (2024-06-09), Phase Holographic Imaging PHI AB's current stock price is kr7.30. Phase Holographic Imaging PHI AB's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was kr2.05. Phase Holographic Imaging PHI AB's Cyclically Adjusted PB Ratio of today is 3.56.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Phase Holographic Imaging PHI AB was 4.10. The lowest was 0.86. And the median was 2.91.


Phase Holographic Imaging PHI AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Phase Holographic Imaging PHI 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.

Phase Holographic Imaging PHI AB Cyclically Adjusted Book per Share Chart

Phase Holographic Imaging PHI AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.12

Phase Holographic Imaging PHI AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.16 2.12 2.11 2.08 2.05

Competitive Comparison of Phase Holographic Imaging PHI AB's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Phase Holographic Imaging PHI 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.


Phase Holographic Imaging PHI AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Phase Holographic Imaging PHI AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Phase Holographic Imaging PHI AB's Cyclically Adjusted PB Ratio falls into.



Phase Holographic Imaging PHI 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, Phase Holographic Imaging PHI AB's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.416/131.7203*131.7203
=0.416

Current CPI (Jan. 2024) = 131.7203.

Phase Holographic Imaging PHI AB Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.713 100.174 2.252
201407 1.387 100.104 1.825
201410 1.846 100.215 2.426
201501 1.623 99.172 2.156
201504 1.365 99.941 1.799
201507 1.212 100.027 1.596
201510 0.978 100.301 1.284
201601 0.775 99.931 1.022
201604 3.568 100.732 4.666
201607 3.418 101.080 4.454
201610 3.203 101.485 4.157
201701 2.958 101.326 3.845
201704 2.692 102.615 3.456
201707 2.476 103.301 3.157
201710 2.214 103.202 2.826
201801 1.895 102.925 2.425
201804 1.568 104.390 1.979
201807 1.472 105.420 1.839
201810 3.648 105.545 4.553
201901 3.201 104.855 4.021
201904 2.739 106.627 3.384
201907 3.306 107.166 4.063
201910 2.853 107.243 3.504
202001 2.458 106.215 3.048
202004 2.007 106.240 2.488
202007 1.561 107.731 1.909
202010 1.228 107.539 1.504
202101 0.846 107.897 1.033
202104 0.374 108.624 0.454
202107 0.062 109.218 0.075
202110 -0.209 110.562 -0.249
202201 -0.685 111.876 -0.807
202204 1.875 115.534 2.138
202207 1.033 118.489 1.148
202210 0.760 122.561 0.817
202301 0.555 124.942 0.585
202304 0.182 127.632 0.188
202307 0.479 129.464 0.487
202310 0.233 130.549 0.235
202401 0.416 131.720 0.416

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


Phase Holographic Imaging PHI AB  (XSAT:PHI) 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.

Phase Holographic Imaging PHI AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.30/2.05
=3.56

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Phase Holographic Imaging PHI AB was 4.10. The lowest was 0.86. And the median was 2.91.


Be Aware

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


Phase Holographic Imaging PHI AB Cyclically Adjusted Book per Share Related Terms

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


Phase Holographic Imaging PHI AB (XSAT:PHI) Business Description

Traded in Other Exchanges
Address
Scheelevagen 22, Lund, SWE, 223 63
Phase Holographic Imaging PHI AB is engaged in providing products for live cell kinetic studies to researchers and life science industry. The products of the company include time lapse cyclometer.

Phase Holographic Imaging PHI AB (XSAT:PHI) Headlines

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