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AFXXF (Afry AB) Cyclically Adjusted Book per Share : $9.19 (As of Mar. 2025)


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What is Afry 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.

Afry AB's adjusted book value per share for the three months ended in Mar. 2025 was $11.227. 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 $9.19 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Afry AB's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.30% 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 Afry AB was 16.20% per year. The lowest was 11.80% per year. And the median was 13.70% per year.

As of today (2025-05-20), Afry AB's current stock price is $18.325. Afry AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $9.19. Afry AB's Cyclically Adjusted PB Ratio of today is 1.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Afry AB was 5.06. The lowest was 1.24. And the median was 4.00.


Afry AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Afry 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.

Afry AB Cyclically Adjusted Book per Share Chart

Afry AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.76 4.24 7.51 10.24 11.63

Afry AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.52 7.81 9.47 11.63 9.19

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

For the Engineering & Construction subindustry, Afry 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.


Afry AB's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Afry AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Afry 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, Afry AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=11.227/132.8245*132.8245
=11.227

Current CPI (Mar. 2025) = 132.8245.

Afry AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.689 99.995 7.557
201509 5.642 100.228 7.477
201512 5.707 100.276 7.559
201603 6.074 100.751 8.008
201606 6.026 101.019 7.923
201609 6.112 101.138 8.027
201612 5.819 102.022 7.576
201703 6.271 102.022 8.164
201706 6.225 102.752 8.047
201709 6.757 103.279 8.690
201712 6.821 103.793 8.729
201803 7.404 103.962 9.460
201806 6.880 104.875 8.714
201809 6.810 105.679 8.559
201812 6.942 105.912 8.706
201903 8.446 105.886 10.595
201906 8.682 106.742 10.804
201909 8.676 107.214 10.748
201912 8.909 107.766 10.981
202003 8.956 106.563 11.163
202006 9.335 107.498 11.534
202009 9.988 107.635 12.325
202012 10.585 108.296 12.982
202103 10.992 108.360 13.474
202106 10.836 108.928 13.213
202109 10.693 110.338 12.872
202112 10.682 112.486 12.613
202203 10.541 114.825 12.193
202206 9.958 118.384 11.173
202209 9.470 122.296 10.285
202212 10.360 126.365 10.890
202303 10.620 127.042 11.103
202306 10.290 129.407 10.562
202309 9.985 130.224 10.184
202312 10.721 131.912 10.795
202403 11.047 132.205 11.099
202406 10.675 132.716 10.684
202409 10.933 132.304 10.976
202412 10.552 132.987 10.539
202503 11.227 132.825 11.227

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


Afry AB  (OTCPK:AFXXF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.325/9.19
=1.99

* 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 Afry AB was 5.06. The lowest was 1.24. And the median was 4.00.


Be Aware

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


Afry AB Cyclically Adjusted Book per Share Related Terms

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


Afry AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Afry AB (OTCPK:AFXXF) » Definitions » Cyclically Adjusted Book per Share
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Address
Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. It develops solutions for public and private clients and can serve all regions of the world. The business divisions are Industrial & Digital Solutions, Infrastructure, Process Industries, Energy, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals. It also offers engineering, design, and advisory services across three main sectors: infrastructure, industry, and energy. It generates the majority of its revenue from the Infrastructure segment.

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