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Entra ASA (Entra ASA) Cyclically Adjusted Book per Share : $14.58 (As of Mar. 2024)


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What is Entra ASA 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.

Entra ASA's adjusted book value per share for the three months ended in Mar. 2024 was $11.804. 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 $14.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Entra ASA's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Entra ASA was 12.60% per year. The lowest was 12.60% per year. And the median was 12.60% per year.

As of today (2024-05-21), Entra ASA's current stock price is $12.29. Entra ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.58. Entra ASA's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Entra ASA was 2.29. The lowest was 0.66. And the median was 1.13.


Entra ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Entra ASA'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.

Entra ASA Cyclically Adjusted Book per Share Chart

Entra ASA 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 - 10.53 11.94 12.34 14.03

Entra ASA 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 15.17 16.19 17.29 14.03 14.58

Competitive Comparison of Entra ASA's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Entra ASA'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.


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

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

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



Entra ASA 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, Entra ASA'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)
=11.804/132.6000*132.6000
=11.804

Current CPI (Mar. 2024) = 132.6000.

Entra ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.141 97.500 9.712
201409 7.113 98.500 9.575
201412 8.062 98.600 10.842
201503 7.974 99.200 10.659
201506 8.187 100.100 10.845
201509 8.018 100.600 10.568
201512 8.132 100.900 10.687
201603 8.488 102.500 10.981
201606 8.666 103.800 11.070
201609 8.943 104.200 11.380
201612 9.365 104.400 11.895
201703 10.084 105.000 12.735
201706 10.724 105.800 13.440
201709 11.877 105.900 14.871
201712 12.109 106.100 15.133
201803 13.724 107.300 16.960
201806 13.299 108.500 16.253
201809 13.140 109.500 15.912
201812 13.025 109.800 15.730
201903 13.432 110.400 16.133
201906 13.610 110.600 16.317
201909 13.193 111.100 15.746
201912 13.734 111.300 16.362
202003 12.122 111.200 14.455
202006 13.175 112.100 15.584
202009 14.039 112.900 16.489
202012 17.112 112.900 20.098
202103 18.132 114.600 20.980
202106 18.564 115.300 21.349
202109 18.342 117.500 20.699
202112 19.113 118.900 21.315
202203 21.090 119.800 23.343
202206 18.683 122.600 20.207
202209 16.199 125.600 17.102
202212 16.501 125.900 17.379
202303 15.453 127.600 16.059
202306 14.184 130.400 14.423
202309 13.494 129.800 13.785
202312 12.377 131.900 12.443
202403 11.804 132.600 11.804

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


Entra ASA  (OTCPK:ENTOF) 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.

Entra ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.29/14.58
=0.84

* 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 Entra ASA was 2.29. The lowest was 0.66. And the median was 1.13.


Be Aware

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


Entra ASA Cyclically Adjusted Book per Share Related Terms

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


Entra ASA (Entra ASA) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Entra ASA (OTCPK:ENTOF) » Definitions » Cyclically Adjusted Book per Share
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Address
Biskop Gunnerus Gate 14A, Oslo, NOR, 0185
Entra ASA owns, develops, and manages properties in Norway. Office properties make up nearly the entire property portfolio, which is concentrated in Oslo and in surrounding regions of Bergen, Stavanger, and Trondheim. The company primarily leases its properties to the public sector. Rental income accounts for nearly all the company's operating revenue. It also generates income through property appreciation and sale. Properties in Oslo make up more than half the value of the company's total property portfolio and comprise most of the company's rental income.

Entra ASA (Entra ASA) Headlines

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