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Catena AB (FRA:T9R) Cyclically Adjusted Book per Share : €21.99 (As of Mar. 2025)


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What is Catena 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.

Catena AB's adjusted book value per share for the three months ended in Mar. 2025 was €35.263. 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 €21.99 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Catena AB's average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 22.00% 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 Catena AB was 25.80% per year. The lowest was -1.70% per year. And the median was 22.40% per year.

As of today (2025-05-28), Catena AB's current stock price is €42.08. Catena AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €21.99. Catena AB's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Catena AB was 4.95. The lowest was 1.38. And the median was 2.59.


Catena AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Catena 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.

Catena AB Cyclically Adjusted Book per Share Chart

Catena 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 - - - 18.56 20.08

Catena 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 18.29 18.67 19.53 20.08 21.99

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

For the Real Estate - Diversified subindustry, Catena 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.


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

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

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


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Catena 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, Catena 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)
=35.263/132.8245*132.8245
=35.263

Current CPI (Mar. 2025) = 132.8245.

Catena AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.567 99.995 12.708
201509 9.670 100.228 12.815
201512 10.425 100.276 13.809
201603 10.915 100.751 14.390
201606 10.751 101.019 14.136
201609 9.967 101.138 13.090
201612 11.237 102.022 14.630
201703 11.963 102.022 15.575
201706 11.745 102.752 15.182
201709 12.446 103.279 16.007
201712 12.370 103.793 15.830
201803 12.575 103.962 16.066
201806 12.497 104.875 15.828
201809 13.102 105.679 16.468
201812 13.707 105.912 17.190
201903 14.038 105.886 17.609
201906 13.988 106.742 17.406
201909 14.767 107.214 18.294
201912 15.991 107.766 19.709
202003 15.791 106.563 19.683
202006 16.181 107.498 19.993
202009 17.493 107.635 21.587
202012 19.790 108.296 24.272
202103 22.976 108.360 28.163
202106 23.157 108.928 28.237
202109 24.267 110.338 29.212
202112 26.580 112.486 31.386
202203 28.029 114.825 32.423
202206 31.003 118.384 34.785
202209 31.019 122.296 33.689
202212 30.446 126.365 32.002
202303 29.067 127.042 30.390
202306 27.992 129.407 28.731
202309 27.936 130.224 28.494
202312 30.963 131.912 31.177
202403 31.611 132.205 31.759
202406 31.314 132.716 31.340
202409 32.970 132.304 33.100
202412 33.270 132.987 33.229
202503 35.263 132.825 35.263

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


Catena AB  (FRA:T9R) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.08/21.99
=1.91

* 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 Catena AB was 4.95. The lowest was 1.38. And the median was 2.59.


Be Aware

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


Catena AB Cyclically Adjusted Book per Share Related Terms

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


Catena AB Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Catena AB (FRA:T9R) » Definitions » Cyclically Adjusted Book per Share
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Address
PO Box 5003, Helsingborg, SWE, SE-250 05
Catena AB is a Sweden-based listed property company that, through collaboration sustainably develops, owns, and manages logistics facilities. The company's operating segment includes Gothenburg; Helsingborg; Jonkoping; Malmo and Stockholm. It derives a majority of its revenue from the Stockholm region.

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