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Digia Oyj (OHEL:DIGIA) Cyclically Adjusted Book per Share : €2.33 (As of Dec. 2024)


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What is Digia Oyj 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.

Digia Oyj's adjusted book value per share for the three months ended in Dec. 2024 was €3.136. 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 €2.33 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Digia Oyj's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Digia Oyj was 4.60% per year. The lowest was -1.40% per year. And the median was 2.90% per year.

As of today (2025-04-28), Digia Oyj's current stock price is €6.22. Digia Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €2.33. Digia Oyj's Cyclically Adjusted PB Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Digia Oyj was 4.11. The lowest was 1.01. And the median was 2.38.


Digia Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Digia Oyj'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.

Digia Oyj Cyclically Adjusted Book per Share Chart

Digia Oyj 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 2.06 2.14 2.33 2.36 2.33

Digia Oyj Quarterly Data
Mar16 Jun16 Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.33 2.37 2.36 2.35 2.33

Competitive Comparison of Digia Oyj's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Digia Oyj'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.


Digia Oyj's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Digia Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Digia Oyj 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, Digia Oyj's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.136/122.3900*122.3900
=3.136

Current CPI (Dec. 2024) = 122.3900.

Digia Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201103 2.899 94.641 3.749
201106 1.700 95.146 2.187
201109 1.762 95.643 2.255
201112 1.828 95.918 2.332
201203 1.780 97.426 2.236
201206 1.793 97.840 2.243
201209 1.952 98.226 2.432
201212 1.929 98.180 2.405
201303 1.826 99.126 2.255
201306 1.877 99.228 2.315
201309 1.912 99.402 2.354
201312 1.650 99.761 2.024
201403 1.537 100.174 1.878
201406 1.585 100.147 1.937
201409 1.615 100.726 1.962
201412 1.684 100.229 2.056
201503 1.656 100.120 2.024
201506 1.733 100.030 2.120
201509 1.808 100.130 2.210
201512 1.878 99.990 2.299
201603 1.846 100.080 2.258
201606 1.417 100.390 1.728
201609 1.450 100.540 1.765
201612 1.501 101.020 1.819
201706 1.659 101.140 2.008
201712 1.649 101.510 1.988
201806 1.708 102.320 2.043
201812 1.785 102.710 2.127
201906 1.855 103.360 2.197
201912 1.987 103.650 2.346
202006 2.058 103.320 2.438
202012 2.269 103.890 2.673
202106 2.326 105.360 2.702
202112 2.546 107.490 2.899
202206 2.506 113.570 2.701
202212 2.661 117.320 2.776
202306 2.574 120.690 2.610
202312 2.825 121.540 2.845
202406 2.857 122.230 2.861
202412 3.136 122.390 3.136

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


Digia Oyj  (OHEL:DIGIA) 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.

Digia Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.22/2.33
=2.67

* 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 Digia Oyj was 4.11. The lowest was 1.01. And the median was 2.38.


Be Aware

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


Digia Oyj Cyclically Adjusted Book per Share Related Terms

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


Digia Oyj Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Digia Oyj (OHEL:DIGIA) » Definitions » Cyclically Adjusted Book per Share
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Address
Atomitie 2A, Helsinki, FIN, 00370
Digia Oyj is a Finnish-based IT service company. Digia comprises four service areas: Digital Solutions, Business Platforms, Financial Platforms, and Managed Solutions The company serves a diverse set of markets, including energy, retail trade, public sector, insurance, manufacturing and service business, banking and investment services and logistics. Geographically, it operates in Finland, Sweden, Netherlands & other countries, out of which the majority of its revenue comes from Finland.

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