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ERNXY (Euronext NV) Cyclically Adjusted Book per Share : $5.00 (As of Mar. 2025)


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What is Euronext NV 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.

Euronext NV's adjusted book value per share for the three months ended in Mar. 2025 was $8.889. 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 $5.00 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Euronext NV's average Cyclically Adjusted Book Growth Rate was 21.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% 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 Euronext NV was 13.60% per year. The lowest was 11.90% per year. And the median was 12.75% per year.

As of today (2025-05-18), Euronext NV's current stock price is $32.40. Euronext NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $5.00. Euronext NV's Cyclically Adjusted PB Ratio of today is 6.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Euronext NV was 7.67. The lowest was 3.72. And the median was 4.95.


Euronext NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Euronext NV'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.

Euronext NV Cyclically Adjusted Book per Share Chart

Euronext NV 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 - 2.95 3.14 3.76 4.33

Euronext NV 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 3.94 4.29 4.46 4.33 5.00

Competitive Comparison of Euronext NV's Cyclically Adjusted Book per Share

For the Financial Data & Stock Exchanges subindustry, Euronext NV'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.


Euronext NV's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Euronext NV 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, Euronext NV'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)
=8.889/133.3300*133.3300
=8.889

Current CPI (Mar. 2025) = 133.3300.

Euronext NV Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.084 100.230 1.442
201509 1.177 100.500 1.561
201512 1.279 99.730 1.710
201603 1.419 100.310 1.886
201606 1.311 100.260 1.743
201609 1.417 100.570 1.879
201612 1.518 100.710 2.010
201703 1.644 101.440 2.161
201706 1.698 101.370 2.233
201709 1.918 102.030 2.506
201712 2.221 101.970 2.904
201803 2.493 102.470 3.244
201806 2.167 103.100 2.802
201809 2.190 103.950 2.809
201812 2.361 103.970 3.028
201903 2.525 105.370 3.195
201906 2.405 105.840 3.030
201909 2.500 106.700 3.124
201912 2.670 106.800 3.333
202003 2.610 106.850 3.257
202006 2.672 107.510 3.314
202009 2.978 107.880 3.681
202012 3.375 107.850 4.172
202103 3.273 108.870 4.008
202106 7.767 109.670 9.443
202109 7.863 110.790 9.463
202112 7.734 114.010 9.045
202203 7.864 119.460 8.777
202206 7.335 119.050 8.215
202209 7.040 126.890 7.397
202212 7.770 124.940 8.292
202303 7.951 124.720 8.500
202306 7.759 125.830 8.221
202309 7.934 127.160 8.319
202312 8.301 126.450 8.753
202403 8.542 128.580 8.858
202406 8.245 129.910 8.462
202409 8.803 131.610 8.918
202412 8.652 131.630 8.764
202503 8.889 133.330 8.889

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


Euronext NV  (OTCPK:ERNXY) 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.

Euronext NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.40/5.00
=6.48

* 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 Euronext NV was 7.67. The lowest was 3.72. And the median was 4.95.


Be Aware

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


Euronext NV Cyclically Adjusted Book per Share Related Terms

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


Euronext NV Business Description

Industry
Traded in Other Exchanges
Address
Beursplein 5, Amsterdam, NLD, 1012 JW
Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.

Euronext NV Headlines