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Embla Medical hf (OCSE:EMBLA) Cyclically Adjusted Book per Share : kr11.01 (As of Sep. 2024)


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What is Embla Medical hf 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.

Embla Medical hf's adjusted book value per share for the three months ended in Sep. 2024 was kr12.335. 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 kr11.01 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Embla Medical hf's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 Embla Medical hf was 11.80% per year. The lowest was 7.80% per year. And the median was 9.55% per year.

As of today (2024-12-15), Embla Medical hf's current stock price is kr35.50. Embla Medical hf's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr11.01. Embla Medical hf's Cyclically Adjusted PB Ratio of today is 3.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Embla Medical hf was 8.12. The lowest was 2.48. And the median was 4.93.


Embla Medical hf Cyclically Adjusted Book per Share Historical Data

The historical data trend for Embla Medical hf'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.

Embla Medical hf Cyclically Adjusted Book per Share Chart

Embla Medical hf 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 6.86 7.40 8.11 9.25 10.33

Embla Medical hf Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.09 10.33 10.63 10.89 11.01

Competitive Comparison of Embla Medical hf's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Embla Medical hf'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.


Embla Medical hf's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Embla Medical hf's Cyclically Adjusted PB Ratio falls into.



Embla Medical hf 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, Embla Medical hf's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=12.335/147.7219*147.7219
=12.335

Current CPI (Sep. 2024) = 147.7219.

Embla Medical hf Quarterly Data

Book Value per Share CPI Adj_Book
201412 6.024 98.669 9.019
201503 6.546 99.612 9.708
201506 6.722 100.289 9.901
201509 6.863 100.607 10.077
201512 7.135 100.657 10.471
201603 7.054 101.115 10.305
201606 6.868 101.923 9.954
201609 7.048 102.457 10.162
201612 7.525 102.562 10.838
201703 7.132 102.768 10.252
201706 7.206 103.496 10.285
201709 6.998 103.871 9.952
201712 7.344 104.481 10.383
201803 7.035 105.600 9.841
201806 7.478 106.206 10.401
201809 7.671 106.727 10.618
201812 8.264 108.388 11.263
201903 8.244 108.702 11.203
201906 8.565 109.758 11.528
201909 8.816 109.922 11.848
201912 8.991 110.588 12.010
202003 8.663 111.019 11.527
202006 8.307 112.667 10.892
202009 8.251 113.772 10.713
202012 8.295 114.542 10.698
202103 8.567 115.833 10.926
202106 8.765 117.451 11.024
202109 9.098 118.723 11.320
202112 9.688 120.398 11.887
202203 10.029 123.555 11.991
202206 10.297 127.809 11.901
202209 10.768 129.810 12.254
202212 10.622 131.901 11.896
202303 10.720 135.674 11.672
202306 10.843 139.150 11.511
202309 11.220 140.147 11.826
202312 11.414 142.125 11.863
202403 11.755 144.910 11.983
202406 12.202 147.267 12.240
202409 12.335 147.722 12.335

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


Embla Medical hf  (OCSE:EMBLA) 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.

Embla Medical hf's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.50/11.01
=3.22

* 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 Embla Medical hf was 8.12. The lowest was 2.48. And the median was 4.93.


Be Aware

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


Embla Medical hf Cyclically Adjusted Book per Share Related Terms

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


Embla Medical hf Business Description

Traded in Other Exchanges
Address
Grjothals 5, Reykjavik, ISL
Embla Medical hf is a provider of prosthetics and bracing and supports solutions; FIOR & GENTZ, an innovative developer of neuro orthotics; and College Park, creators of custom-built prosthetic solutions for people of all activity levels..

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