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Pihlajalinna Oyj (OHEL:PIHLIS) Cyclically Adjusted Book per Share : €6.08 (As of Mar. 2025)


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What is Pihlajalinna 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.

Pihlajalinna Oyj's adjusted book value per share for the three months ended in Mar. 2025 was €7.919. 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 €6.08 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Pihlajalinna Oyj's average Cyclically Adjusted Book Growth Rate was 7.80% 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 (2025-06-02), Pihlajalinna Oyj's current stock price is €14.40. Pihlajalinna Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €6.08. Pihlajalinna Oyj's Cyclically Adjusted PB Ratio of today is 2.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pihlajalinna Oyj was 2.47. The lowest was 1.25. And the median was 1.67.


Pihlajalinna Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pihlajalinna 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.

Pihlajalinna Oyj Cyclically Adjusted Book per Share Chart

Pihlajalinna 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 - - - 5.57 5.88

Pihlajalinna Oyj Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.64 5.66 5.70 5.88 6.08

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

For the Medical Care Facilities subindustry, Pihlajalinna 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.


Pihlajalinna Oyj's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pihlajalinna Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Pihlajalinna 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, Pihlajalinna Oyj's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.919/123.0100*123.0100
=7.919

Current CPI (Mar. 2025) = 123.0100.

Pihlajalinna Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.458 100.030 4.252
201509 3.479 100.130 4.274
201512 4.469 99.990 5.498
201603 4.565 100.080 5.611
201606 4.628 100.390 5.671
201609 4.745 100.540 5.805
201612 4.743 101.020 5.775
201703 4.895 100.910 5.967
201706 4.842 101.140 5.889
201709 4.793 101.320 5.819
201712 4.866 101.510 5.897
201803 5.641 101.730 6.821
201806 5.164 102.320 6.208
201809 5.270 102.600 6.318
201812 5.356 102.710 6.415
201903 5.380 102.870 6.433
201906 5.256 103.360 6.255
201909 5.186 103.540 6.161
201912 4.470 103.650 5.305
202003 4.536 103.490 5.392
202006 4.501 103.320 5.359
202009 4.700 103.710 5.575
202012 4.818 103.890 5.705
202103 5.026 104.870 5.895
202106 5.037 105.360 5.881
202109 5.125 106.290 5.931
202112 5.271 107.490 6.032
202203 5.498 110.950 6.096
202206 5.277 113.570 5.716
202209 5.512 114.920 5.900
202212 5.498 117.320 5.765
202303 6.581 119.750 6.760
202306 6.684 120.690 6.812
202309 6.839 121.280 6.937
202312 6.560 121.540 6.639
202403 6.783 122.360 6.819
202406 6.944 122.230 6.988
202409 7.198 122.260 7.242
202412 7.595 122.390 7.633
202503 7.919 123.010 7.919

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


Pihlajalinna Oyj  (OHEL:PIHLIS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.40/6.08
=2.37

* 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 Pihlajalinna Oyj was 2.47. The lowest was 1.25. And the median was 1.67.


Be Aware

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


Pihlajalinna Oyj Cyclically Adjusted Book per Share Related Terms

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


Pihlajalinna Oyj Business Description

Traded in Other Exchanges
Address
Kehrasaari B, Tampere, FIN, 33200
Pihlajalinna Oyj is a private provider of healthcare and wellbeing services in Finland. The company is engaged in the business of providing healthcare and social care services to municipalities, hospital districts, companies, insurance companies, and private persons. The service selection includes general practitioner and medical specialist services, occupational healthcare, social and healthcare outsourcing, fitness center services, responsible doctor, and remote consultation services as well as residential services and staffing services.

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