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Elekta AB (CHIX:EKTABS) Cyclically Adjusted Book per Share : kr25.13 (As of Apr. 2025)


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What is Elekta 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.

Elekta AB's adjusted book value per share for the three months ended in Apr. 2025 was kr23.039. 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 kr25.13 for the trailing ten years ended in Apr. 2025.

During the past 12 months, Elekta AB's average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Elekta AB was 12.00% per year. The lowest was 8.10% per year. And the median was 9.10% per year.

As of today (2025-06-02), Elekta AB's current stock price is kr50.20. Elekta AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was kr25.13. Elekta AB's Cyclically Adjusted PB Ratio of today is 2.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elekta AB was 9.17. The lowest was 1.87. And the median was 5.54.


Elekta AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Elekta 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.

Elekta AB Cyclically Adjusted Book per Share Chart

Elekta AB Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.95 20.14 22.22 23.40 25.13

Elekta AB Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 23.40 24.43 27.09 26.64 25.13

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

For the Medical Devices subindustry, Elekta 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.


Elekta AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

Adj_Book= Book Value per Share /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=23.039/132.8245*132.8245
=23.039

Current CPI (Apr. 2025) = 132.8245.

Elekta AB Quarterly Data

Book Value per Share CPI Adj_Book
201507 17.903 100.027 23.773
201510 17.428 100.301 23.079
201601 16.848 99.931 22.394
201604 16.790 100.732 22.139
201607 17.121 101.080 22.498
201610 17.260 101.485 22.590
201701 16.843 101.326 22.079
201704 14.557 102.615 18.843
201707 17.043 103.301 21.914
201710 17.627 103.202 22.686
201801 18.428 102.925 23.781
201804 18.289 104.390 23.271
201807 17.912 105.420 22.568
201810 18.245 105.545 22.961
201901 18.988 104.855 24.053
201904 20.357 106.627 25.359
201907 20.543 107.166 25.462
201910 20.668 107.243 25.598
202001 21.467 106.215 26.845
202004 21.231 106.240 26.544
202007 20.488 107.731 25.260
202010 20.933 107.539 25.855
202101 21.490 107.897 26.455
202104 21.448 108.624 26.226
202107 21.914 109.218 26.651
202110 21.312 110.562 25.603
202201 23.424 111.876 27.810
202204 23.325 115.534 26.816
202207 23.762 118.489 26.637
202210 23.890 122.561 25.891
202301 25.191 124.942 26.780
202304 25.463 127.632 26.499
202307 26.732 129.464 27.426
202310 27.125 130.549 27.598
202401 26.819 131.720 27.044
202404 28.201 132.601 28.249
202407 28.012 132.831 28.011
202410 27.269 132.604 27.314
202501 28.224 132.943 28.199
202504 23.039 132.825 23.039

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


Elekta AB  (CHIX:EKTABs) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.20/25.13
=2.00

* 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 Elekta AB was 9.17. The lowest was 1.87. And the median was 5.54.


Be Aware

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


Elekta AB Cyclically Adjusted Book per Share Related Terms

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


Elekta AB Business Description

Address
Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company has an installed base of more than 7,300 linear accelerators, Gamma Knife and Unity platforms, as well as brachytherapy installations. The company's sales are evenly distributed across geographies, with North and South America accounting for 30%; Europe, the Middle East, and Africa accounting for 36%; and the Asia-Pacific contributing the remainder.

Elekta AB Headlines

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