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Evolution AB (Evolution AB) Cyclically Adjusted Book per Share : $6.99 (As of Mar. 2024)


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What is Evolution 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.

Evolution AB's adjusted book value per share for the three months ended in Mar. 2024 was $20.258. 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 $6.99 for the trailing ten years ended in Mar. 2024.

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 (2024-05-22), Evolution AB's current stock price is $109.66. Evolution AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.99. Evolution AB's Cyclically Adjusted PB Ratio of today is 15.69.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Evolution AB was 23.37. The lowest was 15.17. And the median was 18.45.


Evolution AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Evolution 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.

Evolution AB Cyclically Adjusted Book per Share Chart

Evolution AB 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 - - - - 7.04

Evolution AB 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 - 5.41 5.87 7.04 6.99

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

For the Gambling subindustry, Evolution 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.


Evolution AB's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Evolution 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, Evolution AB'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)
=20.258/132.2054*132.2054
=20.258

Current CPI (Mar. 2024) = 132.2054.

Evolution AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.432 0.000
201409 0.000 100.161 0.000
201412 0.167 100.225 0.220
201503 0.152 99.950 0.201
201506 0.194 99.995 0.256
201509 0.230 100.228 0.303
201512 0.265 100.276 0.349
201603 0.318 100.751 0.417
201606 0.296 101.019 0.387
201609 0.342 101.138 0.447
201612 0.375 102.022 0.486
201703 0.456 102.022 0.591
201706 0.469 102.752 0.603
201709 0.609 103.279 0.780
201712 0.723 103.793 0.921
201803 0.867 103.962 1.103
201806 0.744 104.875 0.938
201809 0.886 105.679 1.108
201812 1.026 105.912 1.281
201903 1.200 105.886 1.498
201906 1.144 106.742 1.417
201909 1.421 107.214 1.752
201912 1.718 107.766 2.108
202003 2.007 106.563 2.490
202006 2.005 107.498 2.466
202009 2.596 107.635 3.189
202012 15.620 108.296 19.069
202103 15.847 108.360 19.334
202106 16.958 108.928 20.582
202109 17.361 110.338 20.802
202112 16.911 112.486 19.876
202203 17.012 114.825 19.587
202206 15.456 118.384 17.261
202209 15.354 122.296 16.598
202212 17.193 126.365 17.988
202303 18.424 127.042 19.173
202306 17.324 129.407 17.699
202309 18.709 130.224 18.994
202312 20.457 131.912 20.503
202403 20.258 132.205 20.258

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


Evolution AB  (OTCPK:EVVTY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=109.66/6.99
=15.69

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Evolution AB was 23.37. The lowest was 15.17. And the median was 18.45.


Be Aware

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


Evolution AB Cyclically Adjusted Book per Share Related Terms

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


Evolution AB (Evolution AB) Business Description

Industry
Address
Hamngatan 11, Stockholm, SWE, SE-111 47
Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.