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Bactiguard Holding AB (LTS:0QV2) Cyclically Adjusted Book per Share : kr15.56 (As of Mar. 2024)


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What is Bactiguard Holding 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.

Bactiguard Holding AB's adjusted book value per share for the three months ended in Mar. 2024 was kr9.799. 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 kr15.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bactiguard Holding AB's average Cyclically Adjusted Book Growth Rate was -98.90% 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.

As of today (2024-06-19), Bactiguard Holding AB's current stock price is kr74.00. Bactiguard Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr15.56. Bactiguard Holding AB's Cyclically Adjusted PB Ratio of today is 4.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bactiguard Holding AB was 4.73. The lowest was 0.03. And the median was 0.06.


Bactiguard Holding AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bactiguard Holding 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.

Bactiguard Holding AB Cyclically Adjusted Book per Share Chart

Bactiguard Holding 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 - - 2,780.97 1,532.09 418.40

Bactiguard Holding 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 1,672.79 974.77 702.96 418.40 15.56

Competitive Comparison of Bactiguard Holding AB's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Bactiguard Holding 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.


Bactiguard Holding AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Bactiguard Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bactiguard Holding 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, Bactiguard Holding 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)
=9.799/132.2054*132.2054
=9.799

Current CPI (Mar. 2024) = 132.2054.

Bactiguard Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.499 100.432 21.719
201409 14.339 100.161 18.926
201412 13.296 100.225 17.539
201503 14.640 99.950 19.364
201506 14.304 99.995 18.912
201509 14.544 100.228 19.184
201512 12.535 100.276 16.526
201603 12.184 100.751 15.988
201606 11.947 101.019 15.635
201609 11.938 101.138 15.605
201612 11.721 102.022 15.189
201703 11.844 102.022 15.348
201706 11.670 102.752 15.015
201709 11.661 103.279 14.927
201712 11.624 103.793 14.806
201803 11.343 103.962 14.425
201806 11.310 104.875 14.257
201809 11.302 105.679 14.139
201812 11.135 105.912 13.899
201903 11.021 105.886 13.760
201906 10.855 106.742 13.445
201909 11.560 107.214 14.255
201912 11.612 107.766 14.245
202003 11.693 106.563 14.507
202006 12.052 107.498 14.822
202009 11.565 107.635 14.205
202012 11.130 108.296 13.587
202103 10.878 108.360 13.272
202106 10.475 108.928 12.714
202109 16.131 110.338 19.328
202112 15.451 112.486 18.160
202203 15.012 114.825 17.284
202206 14.684 118.384 16.398
202209 14.588 122.296 15.770
202212 14.145 126.365 14.799
202303 13.504 127.042 14.053
202306 11.642 129.407 11.894
202309 10.945 130.224 11.112
202312 10.078 131.912 10.100
202403 9.799 132.205 9.799

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


Bactiguard Holding AB  (LTS:0QV2) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=74.00/15.56
=4.76

* 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 Bactiguard Holding AB was 4.73. The lowest was 0.03. And the median was 0.06.


Be Aware

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


Bactiguard Holding AB Cyclically Adjusted Book per Share Related Terms

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


Bactiguard Holding AB (LTS:0QV2) Business Description

Traded in Other Exchanges
Address
Alfred Nobels Alle 150, Box 15, Tullinge, SWE, SE 146 21
Bactiguard Holding AB is a Sweden-based medical device company. It is engaged in the development of infection prevention solutions, which reduce the risk of infections and the use of antibiotics. Its technology is based on the Bactiguard Infection Protection (BIP), a thin coating permanently bound to the surface of medical devices. Its portfolio contains urinary catheters, endotracheal tubes, central venous catheters, Hydrocyn for disinfection and wound care, as well as sutures and other wound care products. Its geographical segments are United States, Sweden, Malaysia, China, Thailand, Bangladesh, New Zeeland, and Other countries.

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