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Systemair AB (LTS:0HDK) Cyclically Adjusted Book per Share : kr19.30 (As of Jan. 2025)


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What is Systemair 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.

Systemair AB's adjusted book value per share for the three months ended in Jan. 2025 was kr28.672. 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 kr19.30 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Systemair AB's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.80% 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 Systemair AB was 16.60% per year. The lowest was 9.80% per year. And the median was 11.50% per year.

As of today (2025-05-29), Systemair AB's current stock price is kr94.40. Systemair AB's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was kr19.30. Systemair AB's Cyclically Adjusted PB Ratio of today is 4.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Systemair AB was 8.42. The lowest was 2.52. And the median was 4.36.


Systemair AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Systemair 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.

Systemair AB Cyclically Adjusted Book per Share Chart

Systemair AB Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.35 11.38 13.13 15.96 17.97

Systemair AB Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 17.56 17.97 18.41 18.92 19.30

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

For the Building Products & Equipment subindustry, Systemair 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.


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

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

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


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Systemair 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, Systemair AB's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=28.672/132.9426*132.9426
=28.672

Current CPI (Jan. 2025) = 132.9426.

Systemair AB Quarterly Data

Book Value per Share CPI Adj_Book
201504 10.011 99.941 13.317
201507 10.402 100.027 13.825
201510 10.101 100.301 13.388
201601 9.934 99.931 13.216
201604 10.136 100.732 13.377
201607 10.963 101.080 14.419
201610 11.338 101.485 14.852
201701 11.116 101.326 14.585
201704 11.449 102.615 14.833
201707 11.554 103.301 14.869
201710 11.703 103.202 15.076
201801 11.836 102.925 15.288
201804 12.598 104.390 16.044
201807 12.639 105.420 15.939
201810 12.812 105.545 16.138
201901 13.027 104.855 16.516
201904 13.650 106.627 17.019
201907 14.359 107.166 17.813
201910 14.801 107.243 18.348
202001 15.050 106.215 18.837
202004 14.735 106.240 18.438
202007 14.447 107.731 17.828
202010 15.254 107.539 18.857
202101 15.300 107.897 18.852
202104 15.889 108.624 19.446
202107 16.713 109.218 20.343
202110 16.450 110.562 19.780
202201 17.692 111.876 21.023
202204 18.342 115.534 21.106
202207 19.732 118.489 22.139
202210 21.303 122.561 23.107
202301 22.513 124.942 23.955
202304 25.316 127.632 26.369
202307 26.859 129.464 27.581
202310 26.918 130.549 27.412
202401 25.670 131.720 25.908
202404 27.142 132.601 27.212
202407 28.045 132.831 28.069
202410 28.168 132.604 28.240
202501 28.672 132.943 28.672

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


Systemair AB  (LTS:0HDK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=94.40/19.30
=4.89

* 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 Systemair AB was 8.42. The lowest was 2.52. And the median was 4.36.


Be Aware

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


Systemair AB Cyclically Adjusted Book per Share Related Terms

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


Systemair AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Systemair AB (LTS:0HDK) » Definitions » Cyclically Adjusted Book per Share
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Address
Industrivagen 3, Skinnskatteberg, SWE, SE-739 30
Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy-efficient fans. The company also markets products under its Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtains and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. The company generates the majority of its revenue from Europe.

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