GURUFOCUS.COM » STOCK LIST » Technology » Software » IAR Systems Group AB (LTS:0QTV) » Definitions » Cyclically Adjusted Book per Share

IAR Systems Group AB (LTS:0QTV) Cyclically Adjusted Book per Share : kr48.56 (As of Mar. 2025)


View and export this data going back to 2012. Start your Free Trial

What is IAR Systems Group 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.

IAR Systems Group AB's adjusted book value per share for the three months ended in Mar. 2025 was kr35.698. 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 kr48.56 for the trailing ten years ended in Mar. 2025.

During the past 12 months, IAR Systems Group AB's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 IAR Systems Group AB was 12.10% per year. The lowest was -1.90% per year. And the median was 7.50% per year.

As of today (2025-05-29), IAR Systems Group AB's current stock price is kr106.00. IAR Systems Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr48.56. IAR Systems Group AB's Cyclically Adjusted PB Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IAR Systems Group AB was 9.46. The lowest was 1.75. And the median was 4.02.


IAR Systems Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for IAR Systems Group 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.

IAR Systems Group AB Cyclically Adjusted Book per Share Chart

IAR Systems Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.13 30.12 39.24 44.43 41.92

IAR Systems Group AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 42.80 42.74 42.98 41.92 48.56

Competitive Comparison of IAR Systems Group AB's Cyclically Adjusted Book per Share

For the Software - Application subindustry, IAR Systems Group 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.


IAR Systems Group AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, IAR Systems Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

IAR Systems Group 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, IAR Systems Group AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=35.698/132.8245*132.8245
=35.698

Current CPI (Mar. 2025) = 132.8245.

IAR Systems Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 20.432 99.995 27.140
201509 21.960 100.228 29.102
201512 23.029 100.276 30.504
201603 24.200 100.751 31.904
201606 18.643 101.019 24.513
201609 20.432 101.138 26.833
201612 22.126 102.022 28.806
201703 23.583 102.022 30.703
201706 20.092 102.752 25.972
201709 21.564 103.279 27.733
201712 22.989 103.793 29.419
201803 40.184 103.962 51.340
201806 37.284 104.875 47.221
201809 40.877 105.679 51.377
201812 40.376 105.912 50.636
201903 43.585 105.886 54.673
201906 39.639 106.742 49.325
201909 42.119 107.214 52.180
201912 43.434 107.766 53.534
202003 45.126 106.563 56.247
202006 44.088 107.498 54.475
202009 45.416 107.635 56.045
202012 44.984 108.296 55.173
202103 48.376 108.360 59.298
202106 48.376 108.928 58.989
202109 49.879 110.338 60.044
202112 42.882 112.486 50.636
202203 43.857 114.825 50.732
202206 46.003 118.384 51.615
202209 47.703 122.296 51.810
202212 48.843 126.365 51.340
202303 49.656 127.042 51.916
202306 50.037 129.407 51.359
202309 50.601 130.224 51.612
202312 31.231 131.912 31.447
202403 35.256 132.205 35.421
202406 33.381 132.716 33.408
202409 33.924 132.304 34.057
202412 35.673 132.987 35.629
202503 35.698 132.825 35.698

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


IAR Systems Group AB  (LTS:0QTV) 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.

IAR Systems Group AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=106.00/48.56
=2.18

* 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 IAR Systems Group AB was 9.46. The lowest was 1.75. And the median was 4.02.


Be Aware

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


IAR Systems Group AB Cyclically Adjusted Book per Share Related Terms

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


IAR Systems Group AB Business Description

Industry
Traded in Other Exchanges
Address
Strandbodgatan 1A, Stockholm, SWE, SE-75323
IAR Systems Group AB provides software for the programming processors in embedded systems. The company's customers mainly operate in industrial automation, medical technology, IOT, consumer electronics, and automotive industries that develop products based on 8-, 16, 32-bit processors. Its flagship product is IAR embedded workbench. Geographically, it derives a majority of revenue from the Americas and also has a presence in Asia, EMEA, and the Nordic region.

IAR Systems Group AB Headlines

No Headlines