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Netcompany Group AS (LTS:0YH9) Cyclically Adjusted Book per Share : kr51.73 (As of Mar. 2025)


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What is Netcompany Group AS 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.

Netcompany Group AS's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was kr76.513. 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 kr51.73 for the trailing ten years ended in Dec. 2024.

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 (2025-05-12), Netcompany Group AS's current stock price is kr 299.80. Netcompany Group AS's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was kr51.73. Netcompany Group AS's Cyclically Adjusted PB Ratio of today is 5.80.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Netcompany Group AS was 6.56. The lowest was 5.17. And the median was 5.65.


Netcompany Group AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Netcompany Group AS'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.

Netcompany Group AS Cyclically Adjusted Book per Share Chart

Netcompany Group AS 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 - - - - 51.73

Netcompany Group AS 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 - - - 51.73 -

Competitive Comparison of Netcompany Group AS's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Netcompany Group AS'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.


Netcompany Group AS's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Netcompany Group AS's Cyclically Adjusted PB Ratio falls into.


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Netcompany Group AS 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, Netcompany Group AS's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_Book=Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=76.513/118.9000*118.9000
=76.513

Current CPI (Dec. 2024) = 118.9000.

Netcompany Group AS Annual Data

Book Value per Share CPI Adj_Book
201512 6.008 99.800 7.158
201612 25.210 100.300 29.885
201712 32.877 101.300 38.589
201812 36.125 102.100 42.069
201912 42.193 102.900 48.754
202012 49.463 103.400 56.878
202112 61.642 106.600 68.755
202212 71.706 115.900 73.562
202312 77.132 116.700 78.586
202412 76.513 118.900 76.513

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


Netcompany Group AS  (LTS:0YH9) 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.

Netcompany Group AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=299.80/51.73
=5.80

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Netcompany Group AS was 6.56. The lowest was 5.17. And the median was 5.65.


Be Aware

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


Netcompany Group AS Cyclically Adjusted Book per Share Related Terms

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


Netcompany Group AS Business Description

Industry
Traded in Other Exchanges
Address
Strandgade 3, Copenhagen, DNK, 1401
Netcompany Group AS is an information technology company. The company is engaged in delivering business-critical IT solutions to large Public and Private sector customers and supporting them in their digital transformation journeys. Its products include software solutions and digital platforms such as Pulse, Easley AI and Solon Tax among others. It generates maximum revenue from the Public segment. The company serves enterprises from Finance; Government; Manufacturing and engineering; Municipalities; Retail and trade; Service companies; Telecommunication and media; Energy and Utilities and other industries. Geographically, it derives a majority of its revenue from Denmark and also has its presence in United Kingdom, Belgium, Greece, Netherlands and other regions.

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