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Ambu A/S (OCSE:AMBU B) Cyclically Adjusted Book per Share : kr10.88 (As of Mar. 2024)


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What is Ambu A/S 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.

Ambu A/S's adjusted book value per share for the three months ended in Mar. 2024 was kr21.048. 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 kr10.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ambu A/S's average Cyclically Adjusted Book Growth Rate was 19.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 25.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.40% 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 Ambu A/S was 25.20% per year. The lowest was 15.10% per year. And the median was 20.40% per year.

As of today (2024-05-31), Ambu A/S's current stock price is kr127.00. Ambu A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr10.88. Ambu A/S's Cyclically Adjusted PB Ratio of today is 11.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ambu A/S was 72.64. The lowest was 6.81. And the median was 27.89.


Ambu A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ambu A/S'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.

Ambu A/S Cyclically Adjusted Book per Share Chart

Ambu A/S Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 5.06 6.28 8.28 9.92

Ambu A/S 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 9.08 9.42 9.92 10.29 10.88

Competitive Comparison of Ambu A/S's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Ambu A/S'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.


Ambu A/S's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ambu A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ambu A/S's Cyclically Adjusted PB Ratio falls into.



Ambu A/S 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, Ambu A/S'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)
=21.048/118.4000*118.4000
=21.048

Current CPI (Mar. 2024) = 118.4000.

Ambu A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.945 99.700 3.497
201409 3.588 99.700 4.261
201412 3.450 99.400 4.109
201503 4.084 100.200 4.826
201506 4.054 100.300 4.786
201509 4.315 100.200 5.099
201512 3.958 99.800 4.696
201603 3.638 100.200 4.299
201606 4.114 100.600 4.842
201609 4.212 100.200 4.977
201612 4.263 100.300 5.032
201703 4.658 101.200 5.450
201706 4.873 101.200 5.701
201709 5.385 101.800 6.263
201712 7.818 101.300 9.138
201803 7.120 101.700 8.289
201806 7.629 102.300 8.830
201809 7.728 102.400 8.936
201812 6.741 102.100 7.817
201903 8.480 102.900 9.757
201906 9.123 102.900 10.497
201909 8.893 102.900 10.233
201912 8.652 102.900 9.955
202003 9.325 103.300 10.688
202006 9.745 103.200 11.180
202009 9.568 103.500 10.945
202012 9.645 103.400 11.044
202103 15.225 104.300 17.283
202106 15.388 105.000 17.352
202109 15.576 105.800 17.431
202112 15.548 106.600 17.269
202203 16.403 109.900 17.672
202206 16.853 113.600 17.565
202209 16.771 116.400 17.059
202212 16.225 115.900 16.575
202303 19.575 117.300 19.759
202306 19.677 116.400 20.015
202309 20.251 117.400 20.423
202312 20.357 116.700 20.654
202403 21.048 118.400 21.048

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


Ambu A/S  (OCSE:AMBU 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.

Ambu A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=127.00/10.88
=11.67

* 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 Ambu A/S was 72.64. The lowest was 6.81. And the median was 27.89.


Be Aware

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


Ambu A/S Cyclically Adjusted Book per Share Related Terms

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


Ambu A/S (OCSE:AMBU B) Business Description

Traded in Other Exchanges
Address
Baltorpbakken 13, Ballerup, DNK, DK-2750
Ambu A/S is a Denmark based company providing single-use flexible endoscopes and is dedicated to optimizing hospital workflows and improving patient care. The company has created medtech solutions like resuscitators, anaesthesia masks, and electrodes and operates R&D, manufacturing and sales in Europe, North America and the Asia Pacific.

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