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Clas Ohlson AB (LTS:0GQE) Cyclically Adjusted Book per Share : kr38.84 (As of Jan. 2024)


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What is Clas Ohlson 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.

Clas Ohlson AB's adjusted book value per share for the three months ended in Jan. 2024 was kr28.079. 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 kr38.84 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Clas Ohlson AB's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Clas Ohlson AB was 6.30% per year. The lowest was 2.30% per year. And the median was 3.20% per year.

As of today (2024-06-23), Clas Ohlson AB's current stock price is kr184.30. Clas Ohlson AB's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was kr38.84. Clas Ohlson AB's Cyclically Adjusted PB Ratio of today is 4.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Clas Ohlson AB was 5.85. The lowest was 1.75. And the median was 2.82.


Clas Ohlson AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Clas Ohlson 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.

Clas Ohlson AB Cyclically Adjusted Book per Share Chart

Clas Ohlson AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.68 33.08 33.32 35.40 38.13

Clas Ohlson AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 38.84 38.13 38.66 38.72 38.84

Competitive Comparison of Clas Ohlson AB's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Clas Ohlson 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.


Clas Ohlson AB's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Clas Ohlson 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, Clas Ohlson AB's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=28.079/131.7203*131.7203
=28.079

Current CPI (Jan. 2024) = 131.7203.

Clas Ohlson AB Quarterly Data

Book Value per Share CPI Adj_Book
201404 31.119 100.174 40.919
201407 32.463 100.104 42.716
201410 29.713 100.215 39.054
201501 33.909 99.172 45.038
201504 33.923 99.941 44.710
201507 35.139 100.027 46.273
201510 31.522 100.301 41.396
201601 35.677 99.931 47.026
201604 33.748 100.732 44.130
201607 34.422 101.080 44.856
201610 30.513 101.485 39.604
201701 35.224 101.326 45.790
201704 35.678 102.615 45.798
201707 36.357 103.301 46.359
201710 32.061 103.202 40.920
201801 36.155 102.925 46.270
201804 35.817 104.390 45.194
201807 36.275 105.420 45.325
201810 30.457 105.545 38.010
201901 31.393 104.855 39.436
201904 30.699 106.627 37.924
201907 28.818 107.166 35.421
201910 24.165 107.243 29.681
202001 28.482 106.215 35.321
202004 27.737 106.240 34.389
202007 28.716 107.731 35.110
202010 30.504 107.539 37.363
202101 34.920 107.897 42.630
202104 34.566 108.624 41.915
202107 36.553 109.218 44.084
202110 32.039 110.562 38.170
202201 36.858 111.876 43.396
202204 35.065 115.534 39.978
202207 34.230 118.489 38.052
202210 21.442 122.561 23.044
202301 23.715 124.942 25.002
202304 22.686 127.632 23.413
202307 21.914 129.464 22.296
202310 23.513 130.549 23.724
202401 28.079 131.720 28.079

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


Clas Ohlson AB  (LTS:0GQE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=184.30/38.84
=4.75

* 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 Clas Ohlson AB was 5.85. The lowest was 1.75. And the median was 2.82.


Be Aware

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


Clas Ohlson AB Cyclically Adjusted Book per Share Related Terms

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


Clas Ohlson AB (LTS:0GQE) Business Description

Industry
Traded in Other Exchanges
Address
Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

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