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Aspocomp Group (OHEL:ACG1V) Cyclically Adjusted Book per Share : €2.58 (As of Mar. 2024)


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What is Aspocomp Group 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.

Aspocomp Group's adjusted book value per share for the three months ended in Mar. 2024 was €2.498. 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 €2.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aspocomp Group's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 Aspocomp Group was 11.40% per year. The lowest was -30.10% per year. And the median was 9.50% per year.

As of today (2024-06-15), Aspocomp Group's current stock price is €3.13. Aspocomp Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.58. Aspocomp Group's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aspocomp Group was 3.93. The lowest was 0.32. And the median was 2.24.


Aspocomp Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aspocomp Group'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.

Aspocomp Group Cyclically Adjusted Book per Share Chart

Aspocomp Group 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 1.76 1.95 2.14 2.43 2.56

Aspocomp Group 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 2.50 2.53 2.55 2.56 2.58

Competitive Comparison of Aspocomp Group's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Aspocomp Group'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.


Aspocomp Group's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aspocomp Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Aspocomp Group's Cyclically Adjusted PB Ratio falls into.



Aspocomp Group 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, Aspocomp Group'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)
=2.498/122.3600*122.3600
=2.498

Current CPI (Mar. 2024) = 122.3600.

Aspocomp Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.970 100.147 2.407
201409 1.910 100.726 2.320
201412 1.663 100.229 2.030
201503 1.686 100.120 2.061
201506 1.606 100.030 1.965
201509 1.529 100.130 1.868
201512 1.477 99.990 1.807
201603 1.407 100.080 1.720
201606 1.431 100.390 1.744
201609 1.454 100.540 1.770
201612 1.638 101.020 1.984
201703 1.666 100.910 2.020
201706 1.675 101.140 2.026
201709 1.684 101.320 2.034
201712 1.814 101.510 2.187
201803 1.792 101.730 2.155
201806 1.898 102.320 2.270
201809 1.979 102.600 2.360
201812 2.233 102.710 2.660
201903 2.360 102.870 2.807
201906 2.433 103.360 2.880
201909 2.501 103.540 2.956
201912 2.699 103.650 3.186
202003 2.604 103.490 3.079
202006 2.633 103.320 3.118
202009 2.484 103.710 2.931
202012 2.506 103.890 2.952
202103 2.441 104.870 2.848
202106 2.502 105.360 2.906
202109 2.651 106.290 3.052
202112 2.800 107.490 3.187
202203 2.913 110.950 3.213
202206 2.997 113.570 3.229
202209 3.195 114.920 3.402
202212 3.187 117.320 3.324
202303 3.242 119.750 3.313
202306 3.078 120.690 3.121
202309 2.963 121.280 2.989
202312 2.743 121.540 2.762
202403 2.498 122.360 2.498

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


Aspocomp Group  (OHEL:ACG1V) 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.

Aspocomp Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.13/2.58
=1.21

* 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 Aspocomp Group was 3.93. The lowest was 0.32. And the median was 2.24.


Be Aware

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


Aspocomp Group Cyclically Adjusted Book per Share Related Terms

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


Aspocomp Group (OHEL:ACG1V) Business Description

Industry
Traded in Other Exchanges
Address
Keilaranta 1, Espoo, FIN, 02150
Aspocomp Group PLC is a Finland-based company engaged in manufacturing and selling printed circuit boards (PCBs). The products offered by the company are HDI PCBs, Multilayers and Backplanes, PCBs with cooling features, High-Frequency PCBs, Mixed Dielectric, and IMS PCBs for LED applications. Its products are used in the electronics industry like telecommunications networks, automobiles, industrial electronics, security and defense, semiconductor research and development, and integrated circuit testing. The group makes sales in Finland, Europe, Asia, and Other countries, of which the majority of the revenue is generated from Europe.

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