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VNV Global AB (CHIX:VNVS) Cyclically Adjusted Book per Share : kr109.02 (As of Mar. 2025)


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What is VNV Global 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.

VNV Global AB's adjusted book value per share for the three months ended in Mar. 2025 was kr43.847. 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 kr109.02 for the trailing ten years ended in Mar. 2025.

During the past 12 months, VNV Global AB's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 VNV Global AB was 13.90% per year. The lowest was 7.80% per year. And the median was 10.40% per year.

As of today (2025-05-30), VNV Global AB's current stock price is kr20.39. VNV Global AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr109.02. VNV Global AB's Cyclically Adjusted PB Ratio of today is 0.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of VNV Global AB was 1.94. The lowest was 0.15. And the median was 0.32.


VNV Global AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for VNV Global 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.

VNV Global AB Cyclically Adjusted Book per Share Chart

VNV Global 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 61.75 71.28 81.58 59.36 100.92

VNV Global 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 61.31 103.10 88.47 100.92 109.02

Competitive Comparison of VNV Global AB's Cyclically Adjusted Book per Share

For the Asset Management subindustry, VNV Global 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.


VNV Global AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VNV Global AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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VNV Global 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, VNV Global 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)
=43.847/132.8245*132.8245
=43.847

Current CPI (Mar. 2025) = 132.8245.

VNV Global AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 49.303 99.995 65.490
201509 57.902 100.228 76.733
201512 58.178 100.276 77.062
201603 57.592 100.751 75.926
201606 59.508 101.019 78.244
201609 67.177 101.138 88.224
201612 77.955 102.022 101.492
201703 77.320 102.022 100.665
201706 74.418 102.752 96.198
201709 69.555 103.279 89.453
201712 87.315 103.793 111.738
201803 88.324 103.962 112.845
201806 92.890 104.875 117.646
201809 96.433 105.679 121.204
201812 93.623 105.912 117.413
201903 70.363 105.886 88.264
201906 83.918 106.742 104.424
201909 85.625 107.214 106.079
201912 93.779 107.766 115.585
202003 92.134 106.563 114.840
202006 86.456 107.498 106.825
202009 83.433 107.635 102.958
202012 95.044 108.296 116.571
202103 99.335 108.360 121.762
202106 104.675 108.928 127.639
202109 119.775 110.338 144.184
202112 109.409 112.486 129.191
202203 97.036 114.825 112.247
202206 73.818 118.384 82.823
202209 65.268 122.296 70.887
202212 55.145 126.365 57.964
202303 63.108 127.042 65.981
202306 59.645 129.407 61.220
202309 60.102 130.224 61.302
202312 52.181 131.912 52.542
202403 52.999 132.205 53.247
202406 48.043 132.716 48.082
202409 44.868 132.304 45.044
202412 48.761 132.987 48.701
202503 43.847 132.825 43.847

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


VNV Global AB  (CHIX:VNVs) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.39/109.02
=0.19

* 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 VNV Global AB was 1.94. The lowest was 0.15. And the median was 0.32.


Be Aware

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


VNV Global AB Cyclically Adjusted Book per Share Related Terms

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


VNV Global AB Business Description

Industry
Traded in Other Exchanges
Address
Master Samuelsgatan 1, 1st Floor, Stockholm, SWE, SE 111 44
VNV Global AB is an investment company that invests in unlisted companies in both developed and emerging markets. Its focus is on long-term investments with the potential for value appreciation, particularly in businesses with network effects. Its investment portfolio mainly comprises holdings in digital health, mobility, classifieds, and other sectors. Majority company invest in mobility, and marketplace.

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