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Billerud AB (CHIX:BILLS) Cyclically Adjusted Book per Share : kr92.77 (As of Mar. 2025)


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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. 2025 was kr115.522. 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 kr92.77 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Billerud AB's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.30% 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 Billerud AB was 15.20% per year. The lowest was 8.50% per year. And the median was 11.50% per year.

As of today (2025-06-02), Billerud AB's current stock price is kr112.10. Billerud AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr92.77. Billerud AB's Cyclically Adjusted PB Ratio of today is 1.21.

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 2.09.


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 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 - - - 90.45 93.60

Billerud 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 89.17 95.46 93.63 93.60 92.77

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.


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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. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=115.522/132.8245*132.8245
=115.522

Current CPI (Mar. 2025) = 132.8245.

Billerud AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 48.944 99.995 65.013
201509 52.068 100.228 69.002
201512 55.156 100.276 73.059
201603 57.402 100.751 75.675
201606 55.025 101.019 72.349
201609 57.292 101.138 75.242
201612 58.574 102.022 76.259
201703 60.363 102.022 78.588
201706 58.213 102.752 75.250
201709 60.696 103.279 78.060
201712 62.168 103.793 79.557
201803 64.427 103.962 82.314
201806 60.416 104.875 76.517
201809 62.684 105.679 78.786
201812 64.697 105.912 81.137
201903 65.693 105.886 82.406
201906 61.538 106.742 76.575
201909 86.937 107.214 107.704
201912 87.675 107.766 108.062
202003 86.274 106.563 107.536
202006 85.032 107.498 105.066
202009 85.478 107.635 105.482
202012 86.901 108.296 106.584
202103 88.369 108.360 108.321
202106 86.110 108.928 105.001
202109 88.776 110.338 106.868
202112 90.248 112.486 106.566
202203 96.589 114.825 111.730
202206 109.284 118.384 122.615
202209 120.165 122.296 130.510
202212 117.793 126.365 123.814
202303 117.286 127.042 122.625
202306 109.394 129.407 112.283
202309 111.647 130.224 113.877
202312 108.408 131.912 109.158
202403 110.617 132.205 111.135
202406 109.129 132.716 109.218
202409 109.362 132.304 109.792
202412 116.520 132.987 116.377
202503 115.522 132.825 115.522

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


Billerud AB  (CHIX:BILLs) 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
=112.10/92.77
=1.21

* 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 2.09.


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 Business Description

Industry
Traded in Other Exchanges
Address
Evenemangsgatan 17, P.O. Box 703, Solna, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Its product offerings include Cartonboard, Sack Paper, Coated Web, Hardwood Pulp, and Containerboard among others. Billerud organizes itself into three segments: Region Europe which also generates key revenue, Region North America, and Solutions and Other.

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