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Pandox AB (FRA:POX) Cyclically Adjusted Book per Share : €13.11 (As of Dec. 2024)


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What is Pandox 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.

Pandox AB's adjusted book value per share for the three months ended in Dec. 2024 was €14.978. 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 €13.11 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Pandox AB's average Cyclically Adjusted Book Growth Rate was 3.20% 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 (2025-04-25), Pandox AB's current stock price is €14.92. Pandox AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €13.11. Pandox AB's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pandox AB was 1.41. The lowest was 0.73. And the median was 1.14.


Pandox AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pandox 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.

Pandox AB Cyclically Adjusted Book per Share Chart

Pandox 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 - - - 12.89 13.11

Pandox AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 12.89 12.57 12.84 12.94 13.11

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

For the Real Estate Services subindustry, Pandox 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.


Pandox AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pandox AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Pandox 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, Pandox AB's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=14.978/132.9872*132.9872
=14.978

Current CPI (Dec. 2024) = 132.9872.

Pandox AB Quarterly Data

Book Value per Share CPI Adj_Book
201503 7.674 99.950 10.211
201506 7.966 99.995 10.594
201509 8.198 100.228 10.878
201512 8.713 100.276 11.555
201603 9.043 100.751 11.936
201606 9.000 101.019 11.848
201609 9.254 101.138 12.168
201612 9.859 102.022 12.851
201703 10.021 102.022 13.063
201706 10.319 102.752 13.355
201709 10.904 103.279 14.041
201712 11.328 103.793 14.514
201803 11.759 103.962 15.042
201806 11.713 104.875 14.853
201809 11.892 105.679 14.965
201812 12.423 105.912 15.599
201903 12.589 105.886 15.811
201906 12.494 106.742 15.566
201909 12.417 107.214 15.402
201912 13.675 107.766 16.875
202003 13.120 106.563 16.373
202006 12.970 107.498 16.045
202009 13.008 107.635 16.072
202012 12.767 108.296 15.678
202103 13.124 108.360 16.107
202106 13.053 108.928 15.936
202109 13.222 110.338 15.936
202112 13.352 112.486 15.785
202203 13.667 114.825 15.829
202206 14.505 118.384 16.294
202209 15.261 122.296 16.595
202212 15.204 126.365 16.001
202303 14.878 127.042 15.574
202306 14.752 129.407 15.160
202309 14.494 130.224 14.802
202312 14.380 131.912 14.497
202403 14.844 132.205 14.932
202406 14.757 132.716 14.787
202409 14.698 132.304 14.774
202412 14.978 132.987 14.978

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


Pandox AB  (FRA:POX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.92/13.11
=1.14

* 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 Pandox AB was 1.41. The lowest was 0.73. And the median was 1.14.


Be Aware

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


Pandox AB Cyclically Adjusted Book per Share Related Terms

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


Pandox AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pandox AB (FRA:POX) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Vasagatan 11, 9th floor, Box 15, Stockholm, SWE, SE-101 20
Pandox AB is an owner of hotel properties. The company organizes operations into two segments namely, Lease and Own operations. In Owns Operation Activities, Pandox both owns hotel properties and runs the hotel operations. The company is active in various countries in Northern Europe.

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