GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vestum AB (FRA:W0S) » Definitions » Cyclically Adjusted Book per Share

Vestum AB (FRA:W0S) Cyclically Adjusted Book per Share : €-0.17 (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Vestum 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.

Vestum AB's adjusted book value per share for the three months ended in Mar. 2025 was €0.910. 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 €-0.17 for the trailing ten years ended in Mar. 2025.

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 Vestum AB was -42.40% per year. The lowest was -65.00% per year. And the median was -53.70% per year.

As of today (2025-05-24), Vestum AB's current stock price is €0.943. Vestum AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €-0.17. Vestum AB's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vestum AB was 4.97. The lowest was 0.01. And the median was 0.22.


Vestum AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vestum 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.

Vestum AB Cyclically Adjusted Book per Share Chart

Vestum 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 21.31 7.88 1.37 -0.61 -0.20

Vestum 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 -0.42 -0.18 -0.25 -0.20 -0.17

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

For the Engineering & Construction subindustry, Vestum 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.


Vestum AB's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Vestum AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Vestum 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, Vestum 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)
=0.91/132.8245*132.8245
=0.910

Current CPI (Mar. 2025) = 132.8245.

Vestum AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 -1.461 99.995 -1.941
201509 -1.837 100.228 -2.434
201512 -3.093 100.276 -4.097
201603 -0.772 100.751 -1.018
201606 -1.743 101.019 -2.292
201609 1.505 101.138 1.977
201612 -0.850 102.022 -1.107
201703 -2.192 102.022 -2.854
201706 -3.486 102.752 -4.506
201709 -0.862 103.279 -1.109
201712 -1.757 103.793 -2.248
201803 -2.073 103.962 -2.649
201806 -0.073 104.875 -0.092
201809 -0.181 105.679 -0.227
201812 -0.200 105.912 -0.251
201903 -0.235 105.886 -0.295
201906 -0.364 106.742 -0.453
201909 0.032 107.214 0.040
201912 -0.014 107.766 -0.017
202003 0.009 106.563 0.011
202006 -0.006 107.498 -0.007
202009 -0.017 107.635 -0.021
202012 -0.023 108.296 -0.028
202103 -0.022 108.360 -0.027
202106 0.259 108.928 0.316
202109 0.375 110.338 0.451
202112 0.994 112.486 1.174
202203 1.034 114.825 1.196
202206 1.084 118.384 1.216
202209 1.085 122.296 1.178
202212 1.082 126.365 1.137
202303 1.065 127.042 1.113
202306 1.050 129.407 1.078
202309 1.014 130.224 1.034
202312 0.964 131.912 0.971
202403 0.922 132.205 0.926
202406 0.925 132.716 0.926
202409 0.924 132.304 0.928
202412 0.904 132.987 0.903
202503 0.910 132.825 0.910

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


Vestum AB  (FRA:W0S) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vestum AB was 4.97. The lowest was 0.01. And the median was 0.22.


Be Aware

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


Vestum AB Cyclically Adjusted Book per Share Related Terms

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


Vestum AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vestum AB (FRA:W0S) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Kungsgatan 26, Stockholm, SWE, 111 35
Vestum AB is an acquisition-driven group that acquires and develops companies in the construction and infrastructure industries within the Water, Services, and Infrastructure segments. The segment Water includes companies with a focus on improving the service sector for water infrastructure; The Service segment includes companies that offer specialized services and products for installation and maintenance in climate control, electricity, technical insulation, and suspended ceilings, resulting to a reduction of energy consumption, and Infra segment, that derives maximum revenue includes companies that work in areas such as civil engineering, water & sewage, roads, bridges, etc. Geographically, the company operates in Sweden, United Kingdom and Other countries.

Vestum AB Headlines

No Headlines