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Troax Group AB (FRA:5TOA) Cyclically Adjusted Book per Share : €2.04 (As of Mar. 2025)


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What is Troax Group 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.

Troax Group AB's adjusted book value per share for the three months ended in Mar. 2025 was €3.212. 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 €2.04 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Troax Group AB's average Cyclically Adjusted Book Growth Rate was 9.50% 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.

As of today (2025-05-13), Troax Group AB's current stock price is €13.22. Troax Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €2.04. Troax Group AB's Cyclically Adjusted PB Ratio of today is 6.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Troax Group AB was 14.04. The lowest was 6.08. And the median was 10.84.


Troax Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Troax Group 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.

Troax Group AB Cyclically Adjusted Book per Share Chart

Troax Group AB 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 - - - 1.81 1.89

Troax Group AB 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 1.74 1.79 1.83 1.89 2.04

Competitive Comparison of Troax Group AB's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, Troax Group 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.


Troax Group AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Troax Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Troax Group 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, Troax Group AB'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)
=3.212/132.8245*132.8245
=3.212

Current CPI (Mar. 2025) = 132.8245.

Troax Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.863 99.995 1.146
201509 0.887 100.228 1.175
201512 1.000 100.276 1.325
201603 1.035 100.751 1.364
201606 0.940 101.019 1.236
201609 0.983 101.138 1.291
201612 1.098 102.022 1.430
201703 1.170 102.022 1.523
201706 1.075 102.752 1.390
201709 1.147 103.279 1.475
201712 1.153 103.793 1.476
201803 1.168 103.962 1.492
201806 1.128 104.875 1.429
201809 1.250 105.679 1.571
201812 1.376 105.912 1.726
201903 1.437 105.886 1.803
201906 1.362 106.742 1.695
201909 1.468 107.214 1.819
201912 1.595 107.766 1.966
202003 1.575 106.563 1.963
202006 1.732 107.498 2.140
202009 1.724 107.635 2.127
202012 1.905 108.296 2.336
202103 2.023 108.360 2.480
202106 2.036 108.928 2.483
202109 2.217 110.338 2.669
202112 2.381 112.486 2.812
202203 2.522 114.825 2.917
202206 2.365 118.384 2.653
202209 2.519 122.296 2.736
202212 2.585 126.365 2.717
202303 2.702 127.042 2.825
202306 2.478 129.407 2.543
202309 2.672 130.224 2.725
202312 2.874 131.912 2.894
202403 2.908 132.205 2.922
202406 2.725 132.716 2.727
202409 2.877 132.304 2.888
202412 3.009 132.987 3.005
202503 3.212 132.825 3.212

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


Troax Group AB  (FRA:5TOA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.22/2.04
=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 Troax Group AB was 14.04. The lowest was 6.08. And the median was 10.84.


Be Aware

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


Troax Group AB Cyclically Adjusted Book per Share Related Terms

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


Troax Group AB Business Description

Industry
Traded in Other Exchanges
Address
P.O. Box 89, Hillerstorp, SWE, SE-335 04
Troax Group AB is a supplier of indoor perimeter protection (metal-based mesh panel solutions). The company focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Machine Guarding comprises Troax's standardized protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.

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