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AKZOF (Akzo Nobel NV) Cyclically Adjusted Book per Share : $36.07 (As of Dec. 2024)


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What is Akzo Nobel NV 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.

Akzo Nobel NV's adjusted book value per share for the three months ended in Dec. 2024 was $28.044. 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 $36.07 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Akzo Nobel NV's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.10% 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 Akzo Nobel NV was 17.20% per year. The lowest was -4.10% per year. And the median was 1.20% per year.

As of today (2025-04-15), Akzo Nobel NV's current stock price is $55.95. Akzo Nobel NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $36.07. Akzo Nobel NV's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Akzo Nobel NV was 3.17. The lowest was 1.38. And the median was 2.21.


Akzo Nobel NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Akzo Nobel NV'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.

Akzo Nobel NV Cyclically Adjusted Book per Share Chart

Akzo Nobel NV 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 41.47 37.23 36.76 37.49 36.07

Akzo Nobel NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 37.49 38.28 38.76 38.42 36.07

Competitive Comparison of Akzo Nobel NV's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Akzo Nobel NV'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.


Akzo Nobel NV's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Akzo Nobel NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Akzo Nobel NV's Cyclically Adjusted PB Ratio falls into.


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Akzo Nobel NV 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, Akzo Nobel NV's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=28.044/131.6300*131.6300
=28.044

Current CPI (Dec. 2024) = 131.6300.

Akzo Nobel NV Quarterly Data

Book Value per Share CPI Adj_Book
201503 30.564 99.750 40.332
201506 29.797 100.230 39.132
201509 30.488 100.500 39.932
201512 31.915 99.730 42.123
201603 32.640 100.310 42.831
201606 34.204 100.260 44.906
201609 31.812 100.570 41.637
201612 30.838 100.710 40.306
201703 31.705 101.440 41.141
201706 31.271 101.370 40.606
201709 34.068 102.030 43.951
201712 30.910 101.970 39.901
201803 32.658 102.470 41.952
201806 31.228 103.100 39.869
201809 31.971 103.950 40.484
201812 59.113 103.970 74.839
201903 43.457 105.370 54.287
201906 38.760 105.840 48.205
201909 37.358 106.700 46.087
201912 35.348 106.800 43.566
202003 37.392 106.850 46.064
202006 34.546 107.510 42.296
202009 36.133 107.880 44.088
202012 36.679 107.850 44.766
202103 37.351 108.870 45.159
202106 37.053 109.670 44.472
202109 34.566 110.790 41.068
202112 33.753 114.010 38.969
202203 33.917 119.460 37.372
202206 31.525 119.050 34.856
202209 29.370 126.890 30.467
202212 26.932 124.940 28.374
202303 27.733 124.720 29.270
202306 26.628 125.830 27.855
202309 27.469 127.160 28.435
202312 27.627 126.450 28.759
202403 29.155 128.580 29.847
202406 28.171 129.910 28.544
202409 29.742 131.610 29.747
202412 28.044 131.630 28.044

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


Akzo Nobel NV  (OTCPK:AKZOF) 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.

Akzo Nobel NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.95/36.07
=1.55

* 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 Akzo Nobel NV was 3.17. The lowest was 1.38. And the median was 2.21.


Be Aware

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


Akzo Nobel NV Cyclically Adjusted Book per Share Related Terms

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


Akzo Nobel NV Business Description

Industry
Address
Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW
Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 47% of sales generated in Europe, the Middle East, and Africa. Cumulatively, the Asia-Pacific and Latin American divisions have grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

Akzo Nobel NV Headlines

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