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Rolling Optics Holding AB (LTS:0RVF) Cyclically Adjusted Book per Share : kr53.08 (As of Mar. 2024)


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What is Rolling Optics 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.

Rolling Optics Holding AB's adjusted book value per share for the three months ended in Mar. 2024 was kr0.309. 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 kr53.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rolling Optics Holding AB's average Cyclically Adjusted Book Growth Rate was -20.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.30% 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 Rolling Optics Holding AB was -8.10% per year. The lowest was -13.10% per year. And the median was -10.60% per year.

As of today (2024-06-23), Rolling Optics Holding AB's current stock price is kr2.21769. Rolling Optics Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr53.08. Rolling Optics Holding AB's Cyclically Adjusted PB Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rolling Optics Holding AB was 0.32. The lowest was 0.01. And the median was 0.08.


Rolling Optics Holding AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rolling Optics 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.

Rolling Optics Holding AB Cyclically Adjusted Book per Share Chart

Rolling Optics 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 32.72 17.96 81.05 221.22 68.84

Rolling Optics 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 68.19 47.23 67.56 68.84 53.08

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

For the Scientific & Technical Instruments subindustry, Rolling Optics 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.


Rolling Optics Holding AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rolling Optics Holding AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rolling Optics 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, Rolling Optics 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)
=0.309/132.2054*132.2054
=0.309

Current CPI (Mar. 2024) = 132.2054.

Rolling Optics Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 41.823 100.432 55.054
201409 40.800 100.161 53.853
201412 40.253 100.225 53.097
201503 41.363 99.950 54.711
201506 41.264 99.995 54.556
201509 41.016 100.228 54.102
201512 41.270 100.276 54.411
201603 42.562 100.751 55.850
201606 42.160 101.019 55.175
201609 29.851 101.138 39.021
201612 33.373 102.022 43.247
201703 33.737 102.022 43.718
201706 32.622 102.752 41.973
201709 28.205 103.279 36.105
201712 27.669 103.793 35.243
201803 16.844 103.962 21.420
201806 12.141 104.875 15.305
201809 11.935 105.679 14.931
201812 8.783 105.912 10.963
201903 9.310 105.886 11.624
201906 9.433 106.742 11.683
201909 10.128 107.214 12.489
201912 1.489 107.766 1.827
202003 10.166 106.563 12.612
202006 0.564 107.498 0.694
202009 0.542 107.635 0.666
202012 0.640 108.296 0.781
202103 0.654 108.360 0.798
202106 0.634 108.928 0.769
202109 0.614 110.338 0.736
202112 0.568 112.486 0.668
202203 0.592 114.825 0.682
202206 0.522 118.384 0.583
202209 0.499 122.296 0.539
202212 0.486 126.365 0.508
202303 0.464 127.042 0.483
202306 0.251 129.407 0.256
202309 0.241 130.224 0.245
202312 0.325 131.912 0.326
202403 0.309 132.205 0.309

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


Rolling Optics Holding AB  (LTS:0RVF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.21769/53.08
=0.04

* 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 Rolling Optics Holding AB was 0.32. The lowest was 0.01. And the median was 0.08.


Be Aware

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


Rolling Optics Holding AB Cyclically Adjusted Book per Share Related Terms

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


Rolling Optics Holding AB (LTS:0RVF) Business Description

Industry
Traded in Other Exchanges
Address
Strandvag 3, Solna, Stockholm, SWE, 171 54
Rolling Optics Holding AB is engaged in the business of supplying micro optical security materials and anti-counterfeit solutions for brand protection. The company operates in two areas - Brand Security, which protects companies and brands from counterfeits and High Security, which includes bank notes, ID cards and passports.

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