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Nordic Semiconductor ASA (LTS:0FF9) Cyclically Adjusted Book per Share : kr17.91 (As of Sep. 2024)


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What is Nordic Semiconductor 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.

Nordic Semiconductor ASA's adjusted book value per share for the three months ended in Sep. 2024 was kr31.692. 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 kr17.91 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nordic Semiconductor ASA's average Cyclically Adjusted Book Growth Rate was 22.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 31.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 28.50% 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 Nordic Semiconductor ASA was 31.60% per year. The lowest was 24.40% per year. And the median was 27.60% per year.

As of today (2025-01-18), Nordic Semiconductor ASA's current stock price is kr115.525. Nordic Semiconductor ASA's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr17.91. Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio of today is 6.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nordic Semiconductor ASA was 40.44. The lowest was 4.75. And the median was 11.96.


Nordic Semiconductor ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nordic Semiconductor 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.

Nordic Semiconductor ASA Cyclically Adjusted Book per Share Chart

Nordic Semiconductor 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 5.39 6.82 8.84 12.08 15.33

Nordic Semiconductor ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 14.71 15.33 15.88 16.98 17.91

Competitive Comparison of Nordic Semiconductor ASA's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Nordic Semiconductor 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.


Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio falls into.



Nordic Semiconductor 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, Nordic Semiconductor ASA's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=31.692/133.7000*133.7000
=31.692

Current CPI (Sep. 2024) = 133.7000.

Nordic Semiconductor ASA Quarterly Data

Book Value per Share CPI Adj_Book
201412 3.818 98.600 5.177
201503 4.888 99.200 6.588
201506 5.111 100.100 6.827
201509 5.738 100.600 7.626
201512 6.018 100.900 7.974
201603 5.808 102.500 7.576
201606 5.919 103.800 7.624
201609 5.987 104.200 7.682
201612 6.204 104.400 7.945
201703 6.105 105.000 7.774
201706 6.287 105.800 7.945
201709 6.018 105.900 7.598
201712 6.424 106.100 8.095
201803 6.025 107.300 7.507
201806 10.399 108.500 12.814
201809 10.944 109.500 13.363
201812 10.906 109.800 13.280
201903 10.557 110.400 12.785
201906 10.793 110.600 13.047
201909 11.546 111.100 13.895
201912 11.929 111.300 14.330
202003 13.618 111.200 16.373
202006 12.979 112.100 15.480
202009 18.362 112.900 21.745
202012 18.352 112.900 21.733
202103 18.115 114.600 21.134
202106 18.303 115.300 21.224
202109 19.502 117.500 22.191
202112 21.550 118.900 24.232
202203 22.815 119.800 25.462
202206 26.733 122.600 29.153
202209 29.573 125.600 31.480
202212 30.095 125.900 31.960
202303 32.492 127.600 34.045
202306 34.281 130.400 35.149
202309 34.111 129.800 35.136
202312 33.012 131.900 33.463
202403 31.735 132.600 31.998
202406 31.034 133.800 31.011
202409 31.692 133.700 31.692

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


Nordic Semiconductor ASA  (LTS:0FF9) 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.

Nordic Semiconductor ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=115.525/17.91
=6.45

* 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 Nordic Semiconductor ASA was 40.44. The lowest was 4.75. And the median was 11.96.


Be Aware

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


Nordic Semiconductor ASA Cyclically Adjusted Book per Share Related Terms

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


Nordic Semiconductor ASA Business Description

Industry
Address
Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

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