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ABGSF (ABG Sundal Collier Holding ASA) Cyclically Adjusted Book per Share : $0.20 (As of Sep. 2024)


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What is ABG Sundal Collier Holding 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.

ABG Sundal Collier Holding ASA's adjusted book value per share for the three months ended in Sep. 2024 was $0.167. 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 $0.20 for the trailing ten years ended in Sep. 2024.

During the past 12 months, ABG Sundal Collier Holding ASA's average Cyclically Adjusted Book Growth Rate was -4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.50% 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 ABG Sundal Collier Holding ASA was -0.70% per year. The lowest was -3.70% per year. And the median was -2.20% per year.

As of today (2024-12-13), ABG Sundal Collier Holding ASA's current stock price is $0.61. ABG Sundal Collier Holding ASA's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.20. ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio of today is 3.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ABG Sundal Collier Holding ASA was 4.23. The lowest was 1.15. And the median was 2.35.


ABG Sundal Collier Holding ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for ABG Sundal Collier Holding 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.

ABG Sundal Collier Holding ASA Cyclically Adjusted Book per Share Chart

ABG Sundal Collier Holding 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 0.28 0.08 0.26 0.25 0.20

ABG Sundal Collier Holding ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.21 0.20 0.23 0.20 0.20

Competitive Comparison of ABG Sundal Collier Holding ASA's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, ABG Sundal Collier Holding 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.


ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio falls into.



ABG Sundal Collier Holding 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, ABG Sundal Collier Holding ASA's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.167/133.7000*133.7000
=0.167

Current CPI (Sep. 2024) = 133.7000.

ABG Sundal Collier Holding ASA Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.379 98.600 0.514
201503 0.360 99.200 0.485
201506 0.245 100.100 0.327
201509 0.243 100.600 0.323
201512 0.248 100.900 0.329
201603 0.260 102.500 0.339
201606 0.202 103.800 0.260
201609 0.210 104.200 0.269
201612 0.222 104.400 0.284
201703 0.229 105.000 0.292
201706 0.186 105.800 0.235
201709 0.212 105.900 0.268
201712 0.224 106.100 0.282
201803 0.237 107.300 0.295
201806 0.179 108.500 0.221
201809 0.182 109.500 0.222
201812 0.161 109.800 0.196
201903 0.164 110.400 0.199
201906 0.156 110.600 0.189
201909 0.160 111.100 0.193
201912 0.168 111.300 0.202
202003 0.146 111.200 0.176
202006 0.157 112.100 0.187
202009 0.179 112.900 0.212
202012 0.231 112.900 0.274
202103 0.287 114.600 0.335
202106 0.239 115.300 0.277
202109 0.265 117.500 0.302
202112 0.299 118.900 0.336
202203 0.317 119.800 0.354
202206 0.197 122.600 0.215
202209 0.190 125.600 0.202
202212 0.216 125.900 0.229
202303 0.204 127.600 0.214
202306 0.160 130.400 0.164
202309 0.164 129.800 0.169
202312 0.186 131.900 0.189
202403 0.190 132.600 0.192
202406 0.158 133.800 0.158
202409 0.167 133.700 0.167

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


ABG Sundal Collier Holding ASA  (OTCPK:ABGSF) 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.

ABG Sundal Collier Holding ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.61/0.2
=3.05

* 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 ABG Sundal Collier Holding ASA was 4.23. The lowest was 1.15. And the median was 2.35.


Be Aware

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


ABG Sundal Collier Holding ASA Cyclically Adjusted Book per Share Related Terms

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


ABG Sundal Collier Holding ASA Business Description

Traded in Other Exchanges
Address
Ruselokkveien 26, 8th floor, Oslo, NOR, 0251
ABG Sundal Collier Holding ASA is engaged predominantly in the Norwegian capital markets industry. There are three reporting segments representing the following product levels: Corporate Financing, M&A and Advisory and Brokerage and Research. Investment banking and capital markets activities are at the core of the business and have always been a key focus of the firm. Geographically, the company has operations in Norway, Sweden, Denmark, and International, and the majority is from Norway.