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

ABgax (CHIX:SAGAAS) Cyclically Adjusted Book per Share : kr30.40 (As of Mar. 2024)


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

What is ABgax 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.

ABgax's adjusted book value per share for the three months ended in Mar. 2024 was kr81.888. 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 kr30.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ABgax's average Cyclically Adjusted Book Growth Rate was 18.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.70% 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 ABgax was 26.90% per year. The lowest was 22.60% per year. And the median was 25.40% per year.

As of today (2024-05-15), ABgax's current stock price is kr170.00. ABgax's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr30.40. ABgax's Cyclically Adjusted PB Ratio of today is 5.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ABgax was 13.88. The lowest was 4.13. And the median was 6.24.


ABgax Cyclically Adjusted Book per Share Historical Data

The historical data trend for ABgax'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.

ABgax Cyclically Adjusted Book per Share Chart

ABgax 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 20.57 23.98 16.87 28.89 30.15

ABgax 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 30.26 35.49 37.85 30.15 30.40

Competitive Comparison of ABgax's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, ABgax'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.


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

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

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



ABgax 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, ABgax'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)
=81.888/130.9575*130.9575
=81.888

Current CPI (Mar. 2024) = 130.9575.

ABgax Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.380 100.432 16.143
201409 12.696 100.161 16.600
201412 14.355 100.225 18.757
201503 15.129 99.950 19.822
201506 15.960 99.995 20.902
201509 16.572 100.228 21.653
201512 18.894 100.276 24.675
201603 19.829 100.751 25.774
201606 20.916 101.019 27.115
201609 22.154 101.138 28.686
201612 25.991 102.022 33.363
201703 27.638 102.022 35.477
201706 25.621 102.752 32.654
201709 26.776 103.279 33.952
201712 29.799 103.793 37.598
201803 32.312 103.962 40.702
201806 33.461 104.875 41.783
201809 35.020 105.679 43.397
201812 36.819 105.912 45.526
201903 39.105 105.886 48.364
201906 40.053 106.742 49.140
201909 42.120 107.214 51.448
201912 45.333 107.766 55.089
202003 48.024 106.563 59.018
202006 46.096 107.498 56.156
202009 48.617 107.635 59.151
202012 50.673 108.296 61.277
202103 55.875 108.360 67.528
202106 57.437 108.928 69.053
202109 61.212 110.338 72.651
202112 70.011 112.486 81.508
202203 73.850 114.825 84.226
202206 72.546 118.384 80.251
202209 74.484 122.296 79.759
202212 75.319 126.365 78.056
202303 74.953 127.042 77.263
202306 76.360 129.407 77.275
202309 77.277 130.224 77.713
202312 78.731 130.958 78.731
202403 81.888 130.958 81.888

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


ABgax  (CHIX:SAGAAs) 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.

ABgax's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=170.00/30.4
=5.59

* 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 ABgax was 13.88. The lowest was 4.13. And the median was 6.24.


Be Aware

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


ABgax Cyclically Adjusted Book per Share Related Terms

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


ABgax (CHIX:SAGAAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AB Sagax (CHIX:SAGAAs) » Definitions » Cyclically Adjusted Book per Share
Address
Engelbrektsplan 1, Stockholm, SWE, SE-114 34
AB Sagax is a property company that invests in commercial properties with a focus on the warehouse and light industry segment. The company owns properties in Sweden, Finland, Germany, and Denmark, with a total rental space of more than 3 million square metres. A significant proportion of the company's real estate portfolio is located in the Stockholm and Helsinki regions. The company's revenue consists primarily of rental income for the provision of premises, of which the majority is derived from the government, municipalities, or companies with significant sales.

ABgax (CHIX:SAGAAS) Headlines

No Headlines