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NKT A/S (OCSE:NKT) Cyclically Adjusted Book per Share : kr216.19 (As of Mar. 2024)


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What is NKT 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.

NKT A/S's adjusted book value per share for the three months ended in Mar. 2024 was kr222.023. 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 kr216.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NKT A/S's average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of NKT A/S was 4.40% per year. The lowest was 2.30% per year. And the median was 3.70% per year.

As of today (2024-05-22), NKT A/S's current stock price is kr585.00. NKT A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr216.19. NKT A/S's Cyclically Adjusted PB Ratio of today is 2.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NKT A/S was 2.79. The lowest was 0.38. And the median was 1.27.


NKT A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for NKT 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.

NKT A/S Cyclically Adjusted Book per Share Chart

NKT A/S 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 189.00 191.19 200.19 214.95 213.18

NKT 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 216.62 213.19 214.66 213.18 216.19

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

For the Electrical Equipment & Parts subindustry, NKT 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.


NKT A/S's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NKT A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NKT 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, NKT 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)
=222.023/118.4000*118.4000
=222.023

Current CPI (Mar. 2024) = 118.4000.

NKT A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 193.076 99.700 229.290
201409 200.877 99.700 238.554
201412 202.578 99.400 241.300
201503 211.943 100.200 250.440
201506 200.975 100.300 237.243
201509 200.031 100.200 236.364
201512 202.953 99.800 240.778
201603 200.574 100.200 237.006
201606 203.411 100.600 239.402
201609 195.800 100.200 231.364
201612 213.793 100.300 252.374
201703 216.394 101.200 253.172
201706 218.440 101.200 255.566
201709 220.951 101.800 256.980
201712 181.531 101.300 212.174
201803 172.465 101.700 200.785
201806 170.830 102.300 197.715
201809 206.108 102.400 238.312
201812 199.664 102.100 231.540
201903 193.654 102.900 222.824
201906 188.458 102.900 216.846
201909 179.868 102.900 206.962
201912 178.541 102.900 205.435
202003 160.774 103.300 184.275
202006 161.686 103.200 185.500
202009 159.616 103.500 182.595
202012 171.089 103.400 195.908
202103 176.274 104.300 200.104
202106 184.625 105.000 208.187
202109 179.409 105.800 200.775
202112 184.274 106.600 204.672
202203 193.371 109.900 208.327
202206 175.252 113.600 182.657
202209 172.230 116.400 175.189
202212 181.866 115.900 185.789
202303 186.597 117.300 188.347
202306 152.670 116.400 155.293
202309 211.605 117.400 213.407
202312 218.880 116.700 222.068
202403 222.023 118.400 222.023

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


NKT A/S  (OCSE:NKT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=585.00/216.19
=2.71

* 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 NKT A/S was 2.79. The lowest was 0.38. And the median was 1.27.


Be Aware

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


NKT A/S Cyclically Adjusted Book per Share Related Terms

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


NKT A/S (OCSE:NKT) Business Description

Industry
Traded in Other Exchanges
Address
Vibeholms Alle 20, Broendby, DNK, 2605
NKT A/S is a Denmark-based holding company that acquires, owns, and manages industrial companies in three business areas: Solutions, Applications, and Service and Accessories. NKT provides cables for power infrastructure, including onshore and offshore power transmission system, and its solutions bring power to interconnections, hydro-electric, and nuclear power plants, including onshore and offshore wind farms, oil and gas platforms, and solar energy. NKT Photonics, a supplier of fiber lasers and photonic crystal fibers. Geographically, the company operates and derives its majority revenue from mainland Europe, but it's also expanding its business to the U.S., China, and the U.K.

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