GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pandox AB (CHIX:PNDXBs) » Definitions » Cyclically Adjusted Book per Share

Pandox AB (CHIX:PNDXBS) Cyclically Adjusted Book per Share : kr179.41 (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Pandox 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.

Pandox AB's adjusted book value per share for the three months ended in Mar. 2025 was kr165.111. 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 kr179.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Pandox AB's average Cyclically Adjusted Book Growth Rate was 3.60% 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.

As of today (2025-06-02), Pandox AB's current stock price is kr165.20. Pandox AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr179.41. Pandox AB's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pandox AB was 1.41. The lowest was 0.73. And the median was 1.09.


Pandox AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pandox 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.

Pandox AB Cyclically Adjusted Book per Share Chart

Pandox 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 - - - 114.80 163.91

Pandox 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 96.65 141.05 143.07 163.91 179.41

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

For the Real Estate Services subindustry, Pandox 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.


Pandox AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pandox AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Pandox 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, Pandox 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)
=165.111/132.8245*132.8245
=165.111

Current CPI (Mar. 2025) = 132.8245.

Pandox AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 73.894 99.995 98.154
201509 76.973 100.228 102.007
201512 80.613 100.276 106.779
201603 83.980 100.751 110.714
201606 83.980 101.019 110.420
201609 88.607 101.138 116.368
201612 95.752 102.022 124.662
201703 95.549 102.022 124.398
201706 100.616 102.752 130.063
201709 104.095 103.279 133.874
201712 112.507 103.793 143.976
201803 119.487 103.962 152.660
201806 120.424 104.875 152.518
201809 124.048 105.679 155.912
201812 127.630 105.912 160.062
201903 132.197 105.886 165.829
201906 132.824 106.742 165.280
201909 132.764 107.214 164.478
201912 143.323 107.766 176.650
202003 142.709 106.563 177.879
202006 135.986 107.498 168.025
202009 135.676 107.635 167.428
202012 129.888 108.296 159.307
202103 133.478 108.360 163.614
202106 132.053 108.928 161.023
202109 134.457 110.338 161.859
202112 137.139 112.486 161.935
202203 143.976 114.825 166.545
202206 153.865 118.384 172.634
202209 164.852 122.296 179.044
202212 167.153 126.365 175.697
202303 166.881 127.042 174.477
202306 172.113 129.407 176.659
202309 171.460 130.224 174.885
202312 160.854 131.912 161.967
202403 167.979 132.205 168.766
202406 166.587 132.716 166.723
202409 166.868 132.304 167.524
202412 172.289 132.987 172.078
202503 165.111 132.825 165.111

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


Pandox AB  (CHIX:PNDXBs) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=165.20/179.41
=0.92

* 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 Pandox AB was 1.41. The lowest was 0.73. And the median was 1.09.


Be Aware

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


Pandox AB Cyclically Adjusted Book per Share Related Terms

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


Pandox AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pandox AB (CHIX:PNDXBs) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Vasagatan 11, 9th floor, Box 15, Stockholm, SWE, SE-101 20
Pandox AB is an owner of hotel properties. The company organizes operations into two segments namely, Lease and Own operations. In Owns Operation Activities, Pandox both owns hotel properties and runs the hotel operations. The company is active in various countries in Northern Europe.

Pandox AB Headlines

No Headlines