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Billerud AB (Billerud AB) Cyclically Adjusted Book per Share : $8.84 (As of Mar. 2024)


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What is Billerud 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.

Billerud AB's adjusted book value per share for the three months ended in Mar. 2024 was $10.625. 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 $8.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Billerud AB's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.10% 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 Billerud AB was 15.20% per year. The lowest was 8.50% per year. And the median was 10.00% per year.

As of today (2024-05-21), Billerud AB's current stock price is $8.40. Billerud AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.84. Billerud AB's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Billerud AB was 3.60. The lowest was 0.96. And the median was 2.21.


Billerud AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Billerud 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.

Billerud AB Cyclically Adjusted Book per Share Chart

Billerud AB 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 6.27 7.84 7.36 7.91 8.77

Billerud AB 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 7.37 7.95 7.28 8.77 8.84

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

For the Paper & Paper Products subindustry, Billerud 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.


Billerud AB's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Billerud AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Billerud 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, Billerud AB'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)
=10.625/132.2054*132.2054
=10.625

Current CPI (Mar. 2024) = 132.2054.

Billerud AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.750 100.432 8.885
201409 6.488 100.161 8.564
201412 6.268 100.225 8.268
201503 5.861 99.950 7.752
201506 5.922 99.995 7.830
201509 6.224 100.228 8.210
201512 6.494 100.276 8.562
201603 6.883 100.751 9.032
201606 6.626 101.019 8.672
201609 6.716 101.138 8.779
201612 6.362 102.022 8.244
201703 6.771 102.022 8.774
201706 6.708 102.752 8.631
201709 7.578 103.279 9.700
201712 7.408 103.793 9.436
201803 7.818 103.962 9.942
201806 6.865 104.875 8.654
201809 7.012 105.679 8.772
201812 7.164 105.912 8.943
201903 7.069 105.886 8.826
201906 6.541 106.742 8.101
201909 8.955 107.214 11.042
201912 9.295 107.766 11.403
202003 8.764 106.563 10.873
202006 9.133 107.498 11.232
202009 9.653 107.635 11.857
202012 10.391 108.296 12.685
202103 10.344 108.360 12.620
202106 10.255 108.928 12.446
202109 10.270 110.338 12.305
202112 9.929 112.486 11.670
202203 10.098 114.825 11.626
202206 10.890 118.384 12.161
202209 11.014 122.296 11.906
202212 11.350 126.365 11.875
202303 11.195 127.042 11.650
202306 10.158 129.407 10.378
202309 10.072 130.224 10.225
202312 10.569 131.912 10.593
202403 10.625 132.205 10.625

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


Billerud AB  (OTCPK:BLRDF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.40/8.84
=0.95

* 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 Billerud AB was 3.60. The lowest was 0.96. 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.


Billerud AB Cyclically Adjusted Book per Share Related Terms

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


Billerud AB (Billerud AB) Business Description

Industry
Address
Evenemangsgatan 17, Solna, P.O. Box 703, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Billerud organizes itself into three segments: Board product area, Paper product area and Solutions and Other.

Billerud AB (Billerud AB) Headlines

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