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Saab AB (FRA:SDV1) Cyclically Adjusted Book per Share : €11.12 (As of Jun. 2024)


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What is Saab 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.

Saab AB's adjusted book value per share for the three months ended in Jun. 2024 was €5.704. 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 €11.12 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Saab AB's average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Saab AB was 14.10% per year. The lowest was 8.50% per year. And the median was 12.00% per year.

As of today (2024-09-21), Saab AB's current stock price is €20.09. Saab AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €11.12. Saab AB's Cyclically Adjusted PB Ratio of today is 1.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saab AB was 2.19. The lowest was 0.56. And the median was 0.97.


Saab AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saab 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.

Saab AB Cyclically Adjusted Book per Share Chart

Saab AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 8.95 9.47 10.54 11.34

Saab AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.56 10.78 11.34 10.79 11.12

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

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=5.704/132.7160*132.7160
=5.704

Current CPI (Jun. 2024) = 132.7160.

Saab AB Quarterly Data

Book Value per Share CPI Adj_Book
201409 10.404 100.161 13.786
201412 2.431 100.225 3.219
201503 10.650 99.950 14.141
201506 11.109 99.995 14.744
201509 10.668 100.228 14.126
201512 2.800 100.276 3.706
201603 11.962 100.751 15.757
201606 11.220 101.019 14.740
201609 10.995 101.138 14.428
201612 2.720 102.022 3.538
201703 12.466 102.022 16.217
201706 11.725 102.752 15.144
201709 12.488 103.279 16.047
201712 2.839 103.793 3.630
201803 0.000 103.962 0.000
201806 11.344 104.875 14.356
201809 10.945 105.679 13.745
201812 3.539 105.912 4.435
201903 3.622 105.886 4.540
201906 3.397 106.742 4.224
201909 13.374 107.214 16.555
201912 3.685 107.766 4.538
202003 14.791 106.563 18.421
202006 15.263 107.498 18.844
202009 14.660 107.635 18.076
202012 4.100 108.296 5.025
202103 16.478 108.360 20.182
202106 16.656 108.928 20.293
202109 4.189 110.338 5.039
202112 4.377 112.486 5.164
202203 17.927 114.825 20.720
202206 19.001 118.384 21.301
202209 19.186 122.296 20.821
202212 5.061 126.365 5.315
202303 20.111 127.042 21.009
202306 19.849 129.407 20.357
202309 5.016 130.224 5.112
202312 5.373 131.912 5.406
202403 5.516 132.205 5.537
202406 5.704 132.716 5.704

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


Saab AB  (FRA:SDV1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.09/11.12
=1.81

* 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 Saab AB was 2.19. The lowest was 0.56. And the median was 0.97.


Be Aware

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


Saab AB Cyclically Adjusted Book per Share Related Terms

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


Saab AB Business Description

Industry
Traded in Other Exchanges
Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

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