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Karolinska Development AB (Karolinska Development AB) Cyclically Adjusted Book per Share : $1.27 (As of Mar. 2024)


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What is Karolinska Development 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.

Karolinska Development AB's adjusted book value per share for the three months ended in Mar. 2024 was $0.444. 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 $1.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Karolinska Development AB's average Cyclically Adjusted Book Growth Rate was -34.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.90% 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 Karolinska Development AB was -17.90% per year. The lowest was -17.90% per year. And the median was -17.90% per year.

As of today (2024-05-21), Karolinska Development AB's current stock price is $0.2576. Karolinska Development AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.27. Karolinska Development AB's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Karolinska Development AB was 0.46. The lowest was 0.09. And the median was 0.16.


Karolinska Development AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Karolinska Development 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.

Karolinska Development AB Cyclically Adjusted Book per Share Chart

Karolinska Development 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 - 5.97 1.88 1.87 1.31

Karolinska Development AB 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 1.69 1.59 1.50 1.31 1.27

Competitive Comparison of Karolinska Development AB's Cyclically Adjusted Book per Share

For the Biotechnology subindustry, Karolinska Development 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.


Karolinska Development AB's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Karolinska Development AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Karolinska Development 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, Karolinska Development AB'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)
=0.444/132.2054*132.2054
=0.444

Current CPI (Mar. 2024) = 132.2054.

Karolinska Development AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.802 100.432 6.321
201409 3.790 100.161 5.003
201412 2.745 100.225 3.621
201503 2.762 99.950 3.653
201506 0.800 99.995 1.058
201509 0.735 100.228 0.970
201512 0.486 100.276 0.641
201603 0.296 100.751 0.388
201606 0.160 101.019 0.209
201609 0.116 101.138 0.152
201612 0.054 102.022 0.070
201703 0.132 102.022 0.171
201706 0.074 102.752 0.095
201709 0.458 103.279 0.586
201712 0.440 103.793 0.560
201803 0.413 103.962 0.525
201806 0.434 104.875 0.547
201809 0.437 105.679 0.547
201812 0.452 105.912 0.564
201903 0.412 105.886 0.514
201906 0.418 106.742 0.518
201909 0.384 107.214 0.474
201912 0.539 107.766 0.661
202003 0.452 106.563 0.561
202006 0.479 107.498 0.589
202009 0.407 107.635 0.500
202012 0.483 108.296 0.590
202103 0.458 108.360 0.559
202106 0.596 108.928 0.723
202109 0.579 110.338 0.694
202112 0.539 112.486 0.633
202203 0.504 114.825 0.580
202206 0.472 118.384 0.527
202209 0.418 122.296 0.452
202212 0.443 126.365 0.463
202303 0.429 127.042 0.446
202306 0.426 129.407 0.435
202309 0.417 130.224 0.423
202312 0.450 131.912 0.451
202403 0.444 132.205 0.444

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


Karolinska Development AB  (OTCPK:KDEVF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.2576/1.27
=0.20

* 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 Karolinska Development AB was 0.46. The lowest was 0.09. And the median was 0.16.


Be Aware

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


Karolinska Development AB Cyclically Adjusted Book per Share Related Terms

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


Karolinska Development AB (Karolinska Development AB) Business Description

Traded in Other Exchanges
Address
TomtebodavAgen 23 A, Solna, SWE, SE-171 65
Karolinska Development AB is a life science investment company. It is focused on identifying breakthrough medical innovations in the Nordic region. It selects commercially attractive medical innovations, develops innovations to the stage where the return on investment can be achieved and commercializes the innovations through the sale of companies or out-licensing of products. The company focused on profiles namely Aprea Therapeutics; Modus Therapeutics; BioArctic; Umecrine Cognition; and OssDsign.