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Latvian Forest Co AB (NGM:LATF B) Cyclically Adjusted Book per Share : kr12.86 (As of Mar. 2025)


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What is Latvian Forest Co 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.

Latvian Forest Co AB's adjusted book value per share for the three months ended in Mar. 2025 was kr9.575. 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 kr12.86 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% 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 Latvian Forest Co AB was -0.60% per year. The lowest was -0.60% per year. And the median was -0.60% per year.

As of today (2025-07-01), Latvian Forest Co AB's current stock price is kr8.42. Latvian Forest Co AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr12.86. Latvian Forest Co AB's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Latvian Forest Co AB was 0.76. The lowest was 0.62. And the median was 0.66.


Latvian Forest Co AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Latvian Forest Co 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.

Latvian Forest Co AB Cyclically Adjusted Book per Share Chart

Latvian Forest Co 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 - - - - 13.28

Latvian Forest Co AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 - - 12.97 13.28 12.86

Competitive Comparison of Latvian Forest Co AB's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Latvian Forest Co 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.


Latvian Forest Co AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Latvian Forest Co AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Latvian Forest Co AB's Cyclically Adjusted PB Ratio falls into.


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Latvian Forest Co 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, Latvian Forest Co 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)
=9.575/132.8245*132.8245
=9.575

Current CPI (Mar. 2025) = 132.8245.

Latvian Forest Co AB Quarterly Data

Book Value per Share CPI Adj_Book
201503 8.552 99.950 11.365
201506 10.194 99.995 13.541
201509 8.375 100.228 11.099
201512 9.547 100.276 12.646
201603 9.720 100.751 12.814
201606 9.768 101.019 12.843
201609 10.062 101.138 13.214
201612 10.263 102.022 13.362
201703 10.116 102.022 13.170
201706 11.906 102.752 15.390
201709 9.344 103.279 12.017
201712 10.192 103.793 13.043
201803 10.503 103.962 13.419
201806 10.763 104.875 13.631
201809 11.730 105.679 14.743
201812 11.755 105.912 14.742
201903 11.721 105.886 14.703
201906 12.258 106.742 15.253
201909 6.452 107.214 7.993
201912 6.752 107.766 8.322
202003 7.392 106.563 9.214
202006 7.009 107.498 8.660
202009 7.188 107.635 8.870
202012 7.119 108.296 8.731
202103 7.192 108.360 8.816
202106 7.109 108.928 8.669
202109 8.109 110.338 9.762
202112 9.389 112.486 11.087
202203 9.467 114.825 10.951
202206 9.648 118.384 10.825
202209 10.025 122.296 10.888
202212 10.050 126.365 10.564
202303 10.230 127.042 10.696
202306 10.637 129.407 10.918
202309 10.785 130.224 11.000
202312 10.172 131.912 10.242
202403 9.947 132.205 9.994
202409 10.311 132.304 10.352
202412 10.793 132.987 10.780
202503 9.575 132.825 9.575

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


Latvian Forest Co AB  (NGM:LATF B) 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.

Latvian Forest Co AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.42/12.86
=0.65

* 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 Latvian Forest Co AB was 0.76. The lowest was 0.62. And the median was 0.66.


Be Aware

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


Latvian Forest Co AB Cyclically Adjusted Book per Share Related Terms

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


Latvian Forest Co AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ringvagen 22, Enebyberg, SWE, 128 46
Latvian Forest Co AB is a Swedish company, that purchases and manages forest property in Latvia. The company focuses on the northern/northeastern region of Latvia around the area Valmiera.

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