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Marimekko Oyj (OHEL:MEKKO) Cyclically Adjusted Book per Share : €1.16 (As of Mar. 2024)


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What is Marimekko 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.

Marimekko Oyj's adjusted book value per share for the three months ended in Mar. 2024 was €1.719. 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 €1.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Marimekko Oyj's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Marimekko Oyj was 11.40% per year. The lowest was 1.80% per year. And the median was 5.40% per year.

As of today (2024-05-21), Marimekko Oyj's current stock price is €14.02. Marimekko Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.16. Marimekko Oyj's Cyclically Adjusted PB Ratio of today is 12.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marimekko Oyj was 20.88. The lowest was 2.49. And the median was 8.76.


Marimekko Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marimekko 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.

Marimekko Oyj Cyclically Adjusted Book per Share Chart

Marimekko Oyj 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 0.78 0.81 0.89 1.03 1.12

Marimekko Oyj 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 1.06 1.08 1.10 1.12 1.16

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

For the Apparel Manufacturing subindustry, Marimekko 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.


Marimekko Oyj's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Marimekko Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marimekko 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, Marimekko Oyj'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)
=1.719/122.3600*122.3600
=1.719

Current CPI (Mar. 2024) = 122.3600.

Marimekko Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.589 100.147 0.720
201409 0.683 100.726 0.830
201412 0.718 100.229 0.877
201503 0.693 100.120 0.847
201506 0.626 100.030 0.766
201509 0.643 100.130 0.786
201512 0.671 99.990 0.821
201603 0.647 100.080 0.791
201606 0.588 100.390 0.717
201609 0.661 100.540 0.804
201612 0.700 101.020 0.848
201703 0.715 100.910 0.867
201706 0.638 101.140 0.772
201709 0.721 101.320 0.871
201712 0.758 101.510 0.914
201803 0.774 101.730 0.931
201806 0.851 102.320 1.018
201809 0.968 102.600 1.154
201812 0.991 102.710 1.181
201903 1.062 102.870 1.263
201906 0.751 103.360 0.889
201909 0.905 103.540 1.069
201912 0.960 103.650 1.133
202003 0.966 103.490 1.142
202006 1.018 103.320 1.206
202009 1.217 103.710 1.436
202012 1.302 103.890 1.533
202103 1.228 104.870 1.433
202106 1.331 105.360 1.546
202109 1.590 106.290 1.830
202112 1.721 107.490 1.959
202203 1.657 110.950 1.827
202206 1.054 113.570 1.136
202209 1.271 114.920 1.353
202212 1.366 117.320 1.425
202303 1.430 119.750 1.461
202306 1.212 120.690 1.229
202309 1.467 121.280 1.480
202312 1.620 121.540 1.631
202403 1.719 122.360 1.719

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


Marimekko Oyj  (OHEL:MEKKO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.02/1.16
=12.09

* 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 Marimekko Oyj was 20.88. The lowest was 2.49. And the median was 8.76.


Be Aware

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


Marimekko Oyj Cyclically Adjusted Book per Share Related Terms

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


Marimekko Oyj (OHEL:MEKKO) Business Description

Traded in Other Exchanges
Address
Puusepankatu 4, Helsinki, FIN, 00880
Marimekko Oyj is a Finnish design company. It designs and manufactures apparel and accessories. The company's products portfolio includes clothing, bags, and accessories including shoes, socks, and tights, jewellery, scarves, belts, and umbrellas as well as home decor items ranging from textiles to tableware.

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