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Leroy Seafood Group ASA (FRA:Z1L) Cyclically Adjusted Book per Share : €2.51 (As of Mar. 2024)


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What is Leroy Seafood Group ASA 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.

Leroy Seafood Group ASA's adjusted book value per share for the three months ended in Mar. 2024 was €2.802. 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 €2.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Leroy Seafood Group ASA's average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 Leroy Seafood Group ASA was 13.60% per year. The lowest was 11.90% per year. And the median was 13.60% per year.

As of today (2024-06-23), Leroy Seafood Group ASA's current stock price is €4.12. Leroy Seafood Group ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.51. Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leroy Seafood Group ASA was 5.25. The lowest was 1.43. And the median was 3.23.


Leroy Seafood Group ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Leroy Seafood Group ASA'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.

Leroy Seafood Group ASA Cyclically Adjusted Book per Share Chart

Leroy Seafood Group ASA 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 1.76 1.83 2.18 2.39 2.46

Leroy Seafood Group ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.20 2.33 2.45 2.46 2.51

Competitive Comparison of Leroy Seafood Group ASA's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Leroy Seafood Group ASA'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.


Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio falls into.



Leroy Seafood Group ASA 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, Leroy Seafood Group ASA's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.802/132.6000*132.6000
=2.802

Current CPI (Mar. 2024) = 132.6000.

Leroy Seafood Group ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.449 97.500 1.971
201409 1.472 98.500 1.982
201412 1.492 98.600 2.006
201503 1.558 99.200 2.083
201506 1.428 100.100 1.892
201509 1.395 100.600 1.839
201512 1.534 100.900 2.016
201603 1.634 102.500 2.114
201606 1.854 103.800 2.368
201609 1.937 104.200 2.465
201612 2.332 104.400 2.962
201703 2.371 105.000 2.994
201706 2.342 105.800 2.935
201709 2.434 105.900 3.048
201712 2.321 106.100 2.901
201803 2.634 107.300 3.255
201806 2.697 108.500 3.296
201809 2.747 109.500 3.327
201812 2.764 109.800 3.338
201903 2.868 110.400 3.445
201906 2.775 110.600 3.327
201909 2.721 111.100 3.248
201912 2.822 111.300 3.362
202003 2.542 111.200 3.031
202006 2.594 112.100 3.068
202009 2.639 112.900 3.099
202012 2.657 112.900 3.121
202103 2.878 114.600 3.330
202106 2.837 115.300 3.263
202109 2.873 117.500 3.242
202112 3.011 118.900 3.358
202203 3.264 119.800 3.613
202206 3.076 122.600 3.327
202209 3.206 125.600 3.385
202212 3.162 125.900 3.330
202303 3.101 127.600 3.223
202306 2.621 130.400 2.665
202309 2.616 129.800 2.672
202312 2.728 131.900 2.742
202403 2.802 132.600 2.802

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


Leroy Seafood Group ASA  (FRA:Z1L) 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.

Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.12/2.51
=1.64

* 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 Leroy Seafood Group ASA was 5.25. The lowest was 1.43. And the median was 3.23.


Be Aware

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


Leroy Seafood Group ASA Cyclically Adjusted Book per Share Related Terms

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


Leroy Seafood Group ASA (FRA:Z1L) Business Description

Traded in Other Exchanges
Address
Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.

Leroy Seafood Group ASA (FRA:Z1L) Headlines

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