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Next Biometrics Group ASA (LTS:0QWK) Cyclically Adjusted Book per Share : kr5.86 (As of Mar. 2025)


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What is Next Biometrics Group ASA 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.

Next Biometrics Group ASA's adjusted book value per share for the three months ended in Mar. 2025 was kr0.843. 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 kr5.86 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Next Biometrics Group ASA's average Cyclically Adjusted Book Growth Rate was -20.00% 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 (2025-05-28), Next Biometrics Group ASA's current stock price is kr5.46. Next Biometrics Group ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr5.86. Next Biometrics Group ASA's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Next Biometrics Group ASA was 1.22. The lowest was 0.51. And the median was 0.84.


Next Biometrics Group ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Next Biometrics Group ASA'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.

Next Biometrics Group ASA Cyclically Adjusted Book per Share Chart

Next Biometrics Group ASA 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 - - 7.78 7.18 6.06

Next Biometrics Group ASA 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 7.35 7.64 7.28 6.06 5.86

Competitive Comparison of Next Biometrics Group ASA's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Next Biometrics Group ASA'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.


Next Biometrics Group ASA's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Next Biometrics Group ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Next Biometrics Group ASA's Cyclically Adjusted PB Ratio falls into.


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Next Biometrics Group ASA 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, Next Biometrics Group ASA'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)
=0.843/136.1000*136.1000
=0.843

Current CPI (Mar. 2025) = 136.1000.

Next Biometrics Group ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.573 100.100 11.656
201509 6.506 100.600 8.802
201512 10.477 100.900 14.132
201603 7.573 102.500 10.055
201606 13.055 103.800 17.117
201609 11.962 104.200 15.624
201612 9.567 104.400 12.472
201703 14.472 105.000 18.758
201706 12.557 105.800 16.153
201709 10.661 105.900 13.701
201712 8.251 106.100 10.584
201803 8.640 107.300 10.959
201806 8.311 108.500 10.425
201809 6.555 109.500 8.147
201812 5.037 109.800 6.243
201903 5.548 110.400 6.840
201906 4.788 110.600 5.892
201909 4.009 111.100 4.911
201912 2.903 111.300 3.550
202003 2.221 111.200 2.718
202006 1.603 112.100 1.946
202009 1.380 112.900 1.664
202012 1.280 112.900 1.543
202103 1.810 114.600 2.150
202106 1.770 115.300 2.089
202109 1.653 117.500 1.915
202112 1.464 118.900 1.676
202203 1.316 119.800 1.495
202206 1.271 122.600 1.411
202209 1.205 125.600 1.306
202212 1.044 125.900 1.129
202303 0.929 127.600 0.991
202306 0.761 130.400 0.794
202309 1.033 129.800 1.083
202312 0.907 131.900 0.936
202403 0.808 132.600 0.829
202406 0.751 133.800 0.764
202409 0.889 133.700 0.905
202412 1.032 134.800 1.042
202503 0.843 136.100 0.843

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


Next Biometrics Group ASA  (LTS:0QWK) 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.

Next Biometrics Group ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.46/5.86
=0.93

* 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 Next Biometrics Group ASA was 1.22. The lowest was 0.51. And the median was 0.84.


Be Aware

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


Next Biometrics Group ASA Cyclically Adjusted Book per Share Related Terms

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


Next Biometrics Group ASA Business Description

Industry
Traded in Other Exchanges
Address
Apotekergata 10B, Oslo, NOR, 0180
Next Biometrics Group ASA provides fingerprint sensor technology and products. The company's products are utilized for Smart Card, Government ID, Access control, Notebook, and others. The company's products include smart card solutions, fingerprint sensor modules, fingerprint readers, Aadhar products, Software DevKits, and Hardware DevKits. The company has one operating segment namely; Fingerprint sensor Technology. The company's Geographic customer base consists of Japan, India, China, Taiwan, and Singapore.

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