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Carlson Investments SE (FRA:2HB) Cyclically Adjusted Book per Share : €0.71 (As of Mar. 2025)


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What is Carlson Investments SE 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.

Carlson Investments SE's adjusted book value per share for the three months ended in Mar. 2025 was €0.524. 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 €0.71 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Carlson Investments SE's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -46.10% 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 Carlson Investments SE was -10.00% per year. The lowest was -73.90% per year. And the median was -37.60% per year.

As of today (2025-05-28), Carlson Investments SE's current stock price is €0.96. Carlson Investments SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €0.71. Carlson Investments SE's Cyclically Adjusted PB Ratio of today is 1.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Carlson Investments SE was 38.97. The lowest was 0.03. And the median was 3.73.


Carlson Investments SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Carlson Investments SE'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.

Carlson Investments SE Cyclically Adjusted Book per Share Chart

Carlson Investments SE 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 - 0.83 0.28 0.39 0.63

Carlson Investments SE 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 0.71 0.73 0.80 0.63 0.71

Competitive Comparison of Carlson Investments SE's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Carlson Investments SE'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.


Carlson Investments SE's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Carlson Investments SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Carlson Investments SE 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, Carlson Investments SE'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)
=0.524/157.0208*157.0208
=0.524

Current CPI (Mar. 2025) = 157.0208.

Carlson Investments SE Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.101 100.448 0.158
201509 0.044 99.634 0.069
201512 -0.018 99.471 -0.028
201603 -0.052 98.983 -0.082
201606 -0.120 99.552 -0.189
201609 -0.150 99.064 -0.238
201612 -0.189 100.366 -0.296
201703 -0.121 101.018 -0.188
201706 -0.299 101.180 -0.464
201709 -0.324 101.343 -0.502
201712 -0.139 102.564 -0.213
201803 -0.188 102.564 -0.288
201806 -0.142 103.378 -0.216
201809 -0.180 103.378 -0.273
201812 -0.223 103.785 -0.337
201903 -0.222 104.274 -0.334
201906 -0.170 105.983 -0.252
201909 0.318 105.983 0.471
201912 0.712 107.123 1.044
202003 0.656 109.076 0.944
202006 0.661 109.402 0.949
202009 0.785 109.320 1.128
202012 0.916 109.565 1.313
202103 1.186 112.658 1.653
202106 0.818 113.960 1.127
202109 1.019 115.588 1.384
202112 0.982 119.088 1.295
202203 0.961 125.031 1.207
202206 1.340 131.705 1.598
202209 1.347 135.531 1.561
202212 0.747 139.113 0.843
202303 1.324 145.950 1.424
202306 3.828 147.009 4.089
202309 3.763 146.113 4.044
202312 0.621 147.741 0.660
202403 3.190 149.044 3.361
202406 0.574 150.997 0.597
202409 0.562 153.439 0.575
202412 0.554 154.660 0.562
202503 0.524 157.021 0.524

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


Carlson Investments SE  (FRA:2HB) 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.

Carlson Investments SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.96/0.71
=1.35

* 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 Carlson Investments SE was 38.97. The lowest was 0.03. And the median was 3.73.


Be Aware

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


Carlson Investments SE Cyclically Adjusted Book per Share Related Terms

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


Carlson Investments SE Business Description

Traded in Other Exchanges
Address
Sienna 72/6, Warsaw, POL, 00-831
Carlson Investments SE is engaged in the manufacturing of building products. The company's core product is the HOTBLOK System of concrete blocks with an insulation insert for raising single-leaf walls of energy-saving and passive houses.

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