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Fast Ejendom Danmark AS (OCSE:FED) Cyclically Adjusted Book per Share : kr172.31 (As of Sep. 2024)


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What is Fast Ejendom Danmark 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.

Fast Ejendom Danmark AS's adjusted book value per share for the three months ended in Sep. 2024 was kr262.942. 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 kr172.31 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Fast Ejendom Danmark AS's average Cyclically Adjusted Book Growth Rate was 11.20% 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.

As of today (2024-12-15), Fast Ejendom Danmark AS's current stock price is kr118.00. Fast Ejendom Danmark AS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr172.31. Fast Ejendom Danmark AS's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fast Ejendom Danmark AS was 0.96. The lowest was 0.05. And the median was 0.69.


Fast Ejendom Danmark AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fast Ejendom Danmark 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.

Fast Ejendom Danmark AS Cyclically Adjusted Book per Share Chart

Fast Ejendom Danmark AS 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 - - - 146.27 157.80

Fast Ejendom Danmark AS 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 155.00 157.80 163.81 167.78 172.31

Competitive Comparison of Fast Ejendom Danmark AS's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Fast Ejendom Danmark 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.


Fast Ejendom Danmark AS's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fast Ejendom Danmark AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fast Ejendom Danmark AS's Cyclically Adjusted PB Ratio falls into.



Fast Ejendom Danmark 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, Fast Ejendom Danmark AS'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)
=262.942/118.9000*118.9000
=262.942

Current CPI (Sep. 2024) = 118.9000.

Fast Ejendom Danmark AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 84.155 99.400 100.664
201503 85.116 100.200 101.001
201506 87.601 100.300 103.846
201509 91.059 100.200 108.053
201512 96.184 99.800 114.592
201603 97.221 100.200 115.365
201606 99.412 100.600 117.496
201609 101.685 100.200 120.662
201612 106.191 100.300 125.883
201703 108.135 101.200 127.048
201706 109.748 101.200 128.943
201709 112.017 101.800 130.833
201712 117.444 101.300 137.849
201803 119.936 101.700 140.220
201806 121.418 102.300 141.120
201809 123.464 102.400 143.358
201812 130.273 102.100 151.709
201903 132.332 102.900 152.908
201906 134.763 102.900 155.717
201909 136.938 102.900 158.231
201912 148.328 102.900 171.392
202003 150.483 103.300 173.208
202006 151.182 103.200 174.182
202009 152.704 103.500 175.425
202012 158.624 103.400 182.402
202103 161.808 104.300 184.458
202106 176.030 105.000 199.333
202109 181.075 105.800 203.495
202112 188.648 106.600 210.415
202203 197.264 109.900 213.418
202206 201.236 113.600 210.625
202209 231.420 116.400 236.390
202212 232.865 115.900 238.893
202303 235.359 117.300 238.569
202306 239.627 116.400 244.774
202309 240.552 117.400 243.625
202312 245.480 116.700 250.108
202403 246.620 118.400 247.661
202406 254.706 118.500 255.566
202409 262.942 118.900 262.942

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


Fast Ejendom Danmark AS  (OCSE:FED) 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.

Fast Ejendom Danmark AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=118.00/172.31
=0.68

* 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 Fast Ejendom Danmark AS was 0.96. The lowest was 0.05. And the median was 0.69.


Be Aware

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


Fast Ejendom Danmark AS Cyclically Adjusted Book per Share Related Terms

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


Fast Ejendom Danmark AS Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ringager 4A, Brondby, DNK, 2605
Fast Ejendom Danmark AS Is a real estate investment firm. It invests in commercial and residential properties and mixed buildings with residential and commercial. The main activities are investment, letting, development, operational optimization and administration of the portfolio.

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