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Vitec Software Group AB (FRA:7VS) Cyclically Adjusted Book per Share : €4.34 (As of Mar. 2025)


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What is Vitec Software 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.

Vitec Software Group AB's adjusted book value per share for the three months ended in Mar. 2025 was €10.714. 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 €4.34 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Vitec Software Group AB's average Cyclically Adjusted Book Growth Rate was 28.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 38.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 36.10% 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 Vitec Software Group AB was 40.60% per year. The lowest was 25.50% per year. And the median was 36.55% per year.

As of today (2025-05-10), Vitec Software Group AB's current stock price is €40.20. Vitec Software Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €4.34. Vitec Software Group AB's Cyclically Adjusted PB Ratio of today is 9.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vitec Software Group AB was 37.65. The lowest was 9.17. And the median was 17.17.


Vitec Software Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vitec Software 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.

Vitec Software Group AB Cyclically Adjusted Book per Share Chart

Vitec Software 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 1.26 1.59 2.28 3.13 3.92

Vitec Software 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 3.22 3.53 3.72 3.92 4.34

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

For the Software - Application subindustry, Vitec Software 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.


Vitec Software Group AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Vitec Software Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Vitec Software 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, Vitec Software 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)
=10.714/132.8245*132.8245
=10.714

Current CPI (Mar. 2025) = 132.8245.

Vitec Software Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.893 99.995 1.186
201509 0.930 100.228 1.232
201512 0.998 100.276 1.322
201603 1.067 100.751 1.407
201606 1.062 101.019 1.396
201609 1.125 101.138 1.477
201612 1.171 102.022 1.525
201703 1.253 102.022 1.631
201706 1.191 102.752 1.540
201709 1.264 103.279 1.626
201712 1.344 103.793 1.720
201803 1.446 103.962 1.847
201806 1.411 104.875 1.787
201809 1.463 105.679 1.839
201812 2.016 105.912 2.528
201903 2.096 105.886 2.629
201906 2.026 106.742 2.521
201909 2.167 107.214 2.685
201912 2.225 107.766 2.742
202003 2.194 106.563 2.735
202006 2.303 107.498 2.846
202009 2.430 107.635 2.999
202012 2.529 108.296 3.102
202103 2.866 108.360 3.513
202106 2.836 108.928 3.458
202109 5.374 110.338 6.469
202112 5.526 112.486 6.525
202203 5.670 114.825 6.559
202206 5.673 118.384 6.365
202209 5.939 122.296 6.450
202212 7.821 126.365 8.221
202303 7.871 127.042 8.229
202306 8.004 129.407 8.215
202309 7.878 130.224 8.035
202312 8.116 131.912 8.172
202403 8.545 132.205 8.585
202406 8.438 132.716 8.445
202409 10.516 132.304 10.557
202412 10.738 132.987 10.725
202503 10.714 132.825 10.714

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


Vitec Software Group AB  (FRA:7VS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.20/4.34
=9.26

* 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 Vitec Software Group AB was 37.65. The lowest was 9.17. And the median was 17.17.


Be Aware

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


Vitec Software Group AB Cyclically Adjusted Book per Share Related Terms

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


Vitec Software Group AB Business Description

Industry
Traded in Other Exchanges
Address
Tvistevagen 47A, Umea, SWE, 907 29
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.

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