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Axactor ASA (FRA:2LJ) Cyclically Adjusted Book per Share : €1.41 (As of Mar. 2025)


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What is Axactor 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.

Axactor ASA's adjusted book value per share for the three months ended in Mar. 2025 was €1.150. 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 €1.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Axactor ASA's average Cyclically Adjusted Book Growth Rate was -8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -25.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -38.00% 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 Axactor ASA was -25.60% per year. The lowest was -50.40% per year. And the median was -39.65% per year.

As of today (2025-05-23), Axactor ASA's current stock price is €0.506. Axactor ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €1.41. Axactor ASA's Cyclically Adjusted PB Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Axactor ASA was 0.35. The lowest was 0.03. And the median was 0.18.


Axactor ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Axactor 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.

Axactor ASA Cyclically Adjusted Book per Share Chart

Axactor ASA 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 6.83 4.09 2.21 1.62 1.36

Axactor ASA 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 1.48 1.51 1.39 1.36 1.41

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

For the Credit Services subindustry, Axactor 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.


Axactor ASA's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Axactor ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Axactor 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, Axactor ASA'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)
=1.15/136.1000*136.1000
=1.150

Current CPI (Mar. 2025) = 136.1000.

Axactor ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.775 100.100 1.054
201509 0.710 100.600 0.961
201512 0.841 100.900 1.134
201603 0.901 102.500 1.196
201606 1.112 103.800 1.458
201609 1.102 104.200 1.439
201612 1.448 104.400 1.888
201703 1.436 105.000 1.861
201706 1.463 105.800 1.882
201709 1.665 105.900 2.140
201712 1.665 106.100 2.136
201803 1.638 107.300 2.078
201806 1.628 108.500 2.042
201809 1.640 109.500 2.038
201812 1.657 109.800 2.054
201903 1.678 110.400 2.069
201906 1.704 110.600 2.097
201909 1.700 111.100 2.083
201912 1.470 111.300 1.798
202003 1.592 111.200 1.948
202006 1.516 112.100 1.841
202009 1.519 112.900 1.831
202012 1.627 112.900 1.961
202103 1.366 114.600 1.622
202106 1.379 115.300 1.628
202109 1.366 117.500 1.582
202112 1.259 118.900 1.441
202203 1.310 119.800 1.488
202206 1.313 122.600 1.458
202209 1.351 125.600 1.464
202212 1.377 125.900 1.489
202303 1.357 127.600 1.447
202306 1.364 130.400 1.424
202309 1.403 129.800 1.471
202312 1.434 131.900 1.480
202403 1.406 132.600 1.443
202406 1.431 133.800 1.456
202409 1.414 133.700 1.439
202412 1.128 134.800 1.139
202503 1.150 136.100 1.150

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


Axactor ASA  (FRA:2LJ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.506/1.41
=0.36

* 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 Axactor ASA was 0.35. The lowest was 0.03. And the median was 0.18.


Be Aware

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


Axactor ASA Cyclically Adjusted Book per Share Related Terms

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


Axactor ASA Business Description

Industry
Traded in Other Exchanges
Address
Karenslyst alle 8A, Oslo, NOR, NO-0278
Axactor ASA is a debt management company that specializes in purchasing and collecting debt portfolios. It also provides collection services for third-party-owned portfolios. The company operates in two segments: Non-performing loans (NPL) and Third-party collection (3PC). The NPL segment invests in portfolios of non-performing loans, which are presented as 'Purchased loan portfolios' in the consolidated statement of financial position. The 3PC segment focuses on performing debt collection services on behalf of third-party clients. Axactor ASA operates in Finland, Germany, Italy, Norway, Spain, and Sweden. The majority of its revenue comes from interest earned on purchased loan portfolios.

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