GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Peab AB (LTS:0MHT) » Definitions » Cyclically Adjusted Book per Share

Peab AB (LTS:0MHT) Cyclically Adjusted Book per Share : kr44.28 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Peab 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.

Peab AB's adjusted book value per share for the three months ended in Mar. 2024 was kr50.308. 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 kr44.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Peab AB's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Peab AB was 10.70% per year. The lowest was 5.30% per year. And the median was 8.00% per year.

As of today (2024-05-21), Peab AB's current stock price is kr68.525. Peab AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr44.28. Peab AB's Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Peab AB was 3.71. The lowest was 0.96. And the median was 2.45.


Peab AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Peab 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.

Peab AB Cyclically Adjusted Book per Share Chart

Peab 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 33.58 32.84 35.22 41.42 44.72

Peab 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 41.37 43.26 43.60 44.72 44.28

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

For the Engineering & Construction subindustry, Peab 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.


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

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

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



Peab 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, Peab 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)
=50.308/132.2054*132.2054
=50.308

Current CPI (Mar. 2024) = 132.2054.

Peab AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.451 100.432 33.503
201409 27.054 100.161 35.709
201412 27.112 100.225 35.763
201503 27.515 99.950 36.394
201506 26.607 99.995 35.178
201509 27.858 100.228 36.746
201512 27.380 100.276 36.098
201603 27.939 100.751 36.661
201606 27.190 101.019 35.584
201609 29.475 101.138 38.529
201612 31.801 102.022 41.210
201703 32.659 102.022 42.321
201706 31.353 102.752 40.340
201709 33.330 103.279 42.665
201712 35.025 103.793 44.613
201803 36.361 103.962 46.239
201806 34.414 104.875 43.382
201809 36.383 105.679 45.516
201812 34.160 105.912 42.641
201903 39.539 105.886 49.367
201906 37.769 106.742 46.779
201909 39.773 107.214 49.044
201912 39.181 107.766 48.067
202003 39.180 106.563 48.608
202006 40.817 107.498 50.198
202009 43.634 107.635 53.595
202012 42.182 108.296 51.495
202103 42.427 108.360 51.764
202106 39.637 108.928 48.107
202109 42.369 110.338 50.766
202112 46.376 112.486 54.506
202203 46.749 114.825 53.825
202206 43.420 118.384 48.489
202209 45.845 122.296 49.560
202212 47.897 126.365 50.111
202303 47.426 127.042 49.354
202306 47.871 129.407 48.906
202309 50.050 130.224 50.812
202312 50.280 131.912 50.392
202403 50.308 132.205 50.308

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


Peab AB  (LTS:0MHT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=68.525/44.28
=1.55

* 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 Peab AB was 3.71. The lowest was 0.96. And the median was 2.45.


Be Aware

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


Peab AB Cyclically Adjusted Book per Share Related Terms

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


Peab AB (LTS:0MHT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Peab AB (LTS:0MHT) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Margretetorpsvagen 84, Forslov, SWE, SE-269 73
Peab AB is one of the leading Nordic construction and civil engineering companies. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. A network of subcontractors and external suppliers helps plan and build innovative systems for projects. Peab operates in four business areas: construction (roughly half of total revenue), civil engineering, industry, and project development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and the company has the capacity to complete smaller local projects as well as more complex construction projects.

Peab AB (LTS:0MHT) Headlines

No Headlines