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Brodrene A & O Johansen AS (OCSE:AOJ B) Cyclically Adjusted Book per Share : kr49.15 (As of Mar. 2025)


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What is Brodrene A & O Johansen 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.

Brodrene A & O Johansen AS's adjusted book value per share for the three months ended in Mar. 2025 was kr69.675. 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 kr49.15 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Brodrene A & O Johansen AS's average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.40% 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 Brodrene A & O Johansen AS was 20.20% per year. The lowest was 14.20% per year. And the median was 17.40% per year.

As of today (2025-07-08), Brodrene A & O Johansen AS's current stock price is kr91.60. Brodrene A & O Johansen AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr49.15. Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brodrene A & O Johansen AS was 4.69. The lowest was 1.29. And the median was 1.91.


Brodrene A & O Johansen AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brodrene A & O Johansen 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.

Brodrene A & O Johansen AS Cyclically Adjusted Book per Share Chart

Brodrene A & O Johansen 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 24.28 29.28 36.60 41.69 47.39

Brodrene A & O Johansen 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 43.47 44.69 46.08 47.39 49.15

Competitive Comparison of Brodrene A & O Johansen AS's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, Brodrene A & O Johansen 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.


Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio falls into.


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Brodrene A & O Johansen 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, Brodrene A & O Johansen AS'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)
=69.675/120.2000*120.2000
=69.675

Current CPI (Mar. 2025) = 120.2000.

Brodrene A & O Johansen AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 18.978 99.400 22.949
201503 19.337 100.200 23.197
201506 19.688 100.300 23.594
201509 20.189 100.200 24.219
201512 20.780 99.800 25.028
201606 13.585 100.600 16.232
201612 35.505 100.300 42.549
201703 0.000 101.200 0.000
201706 28.689 101.200 34.075
201709 0.000 101.800 0.000
201712 29.677 101.300 35.214
201803 29.995 101.700 35.451
201806 31.331 102.300 36.813
201809 32.622 102.400 38.293
201812 34.240 102.100 40.310
201903 34.909 102.900 40.778
201906 36.278 102.900 42.377
201909 37.631 102.900 43.958
201912 39.380 102.900 46.001
202003 40.238 103.300 46.821
202006 42.292 103.200 49.259
202009 44.042 103.500 51.148
202012 46.618 103.400 54.192
202103 47.598 104.300 54.854
202106 50.429 105.000 57.729
202109 53.132 105.800 60.364
202112 56.106 106.600 63.264
202203 53.317 109.900 58.314
202206 56.497 113.600 59.779
202209 61.266 116.400 63.266
202212 65.183 115.900 67.601
202303 61.553 117.300 63.075
202306 63.472 116.400 65.544
202309 65.930 117.400 67.502
202312 68.323 116.700 70.372
202403 64.836 118.400 65.822
202406 66.111 118.500 67.059
202409 68.323 118.900 69.070
202412 71.148 118.900 71.926
202503 69.675 120.200 69.675

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


Brodrene A & O Johansen AS  (OCSE:AOJ 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.

Brodrene A & O Johansen AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=91.60/49.15
=1.86

* 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 Brodrene A & O Johansen AS was 4.69. The lowest was 1.29. And the median was 1.91.


Be Aware

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


Brodrene A & O Johansen AS Cyclically Adjusted Book per Share Related Terms

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


Brodrene A & O Johansen AS Business Description

Traded in Other Exchanges
Address
Rorvang 3, Albertslund, DNK, 2620
Brodrene A & O Johansen AS is a distributor of industrial products in Denmark. It provides technical installation materials and supplies to the construction industry in Denmark. Its products include heating plumbing and sanitary ware products, electrical equipment and components, water supply and drainage products. Its clients comprise of plumbers, electricians, building contractors, sewer contractors, construction companies, municipalities, utilities and public institutions. The company follows three sales channels, which are AO Stores, which cater to the local market; Online trading, which offers products through its website and mobile application and competency centers where customers may place orders and get advice and direction as well as offers over the phone.

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