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Viking Line Abp (OHEL:VIK1V) Cyclically Adjusted Book per Share : €18.81 (As of Mar. 2024)


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What is Viking Line Abp 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.

Viking Line Abp's adjusted book value per share for the three months ended in Mar. 2024 was €17.830. 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 €18.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Viking Line Abp's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Viking Line Abp was 6.60% per year. The lowest was 2.80% per year. And the median was 4.40% per year.

As of today (2024-06-13), Viking Line Abp's current stock price is €22.60. Viking Line Abp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.81. Viking Line Abp's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Viking Line Abp was 1.26. The lowest was 0.67. And the median was 0.88.


Viking Line Abp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Viking Line Abp'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.

Viking Line Abp Cyclically Adjusted Book per Share Chart

Viking Line Abp 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 15.10 15.38 16.13 17.80 18.64

Viking Line Abp 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 18.25 18.44 18.57 18.64 18.81

Competitive Comparison of Viking Line Abp's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Viking Line Abp'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.


Viking Line Abp's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Viking Line Abp's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Viking Line Abp's Cyclically Adjusted PB Ratio falls into.



Viking Line Abp 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, Viking Line Abp'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)
=17.83/122.3600*122.3600
=17.830

Current CPI (Mar. 2024) = 122.3600.

Viking Line Abp Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.841 100.147 15.689
201409 14.110 100.726 17.141
201412 16.216 100.229 19.796
201503 15.699 100.120 19.186
201506 15.167 100.030 18.553
201509 16.863 100.130 20.607
201512 17.159 99.990 20.998
201603 16.353 100.080 19.994
201606 15.669 100.390 19.098
201609 17.045 100.540 20.744
201612 16.946 101.020 20.526
201703 0.000 100.910 0.000
201706 15.677 101.140 18.966
201709 0.000 101.320 0.000
201712 17.037 101.510 20.536
201803 15.988 101.730 19.230
201806 15.889 102.320 19.001
201809 17.167 102.600 20.473
201812 17.539 102.710 20.894
201903 16.581 102.870 19.722
201906 16.665 103.360 19.728
201909 18.155 103.540 21.455
201912 17.874 103.650 21.100
202003 16.368 103.490 19.352
202006 16.064 103.320 19.024
202009 15.525 103.710 18.317
202012 14.764 103.890 17.389
202103 14.186 104.870 16.552
202106 15.084 105.360 17.518
202109 16.596 106.290 19.105
202112 15.718 107.490 17.892
202203 14.641 110.950 16.147
202206 14.959 113.570 16.117
202209 16.053 114.920 17.092
202212 16.921 117.320 17.648
202303 16.580 119.750 16.941
202306 16.719 120.690 16.950
202309 18.426 121.280 18.590
202312 18.704 121.540 18.830
202403 17.830 122.360 17.830

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


Viking Line Abp  (OHEL:VIK1V) 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.

Viking Line Abp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.60/18.81
=1.20

* 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 Viking Line Abp was 1.26. The lowest was 0.67. And the median was 0.88.


Be Aware

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


Viking Line Abp Cyclically Adjusted Book per Share Related Terms

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


Viking Line Abp (OHEL:VIK1V) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Norragatan 4, P.O. Box 166, Aland, Mariehamn, FIN, AX-22101
Viking Line Abp is a Finland-based company engaged in providing passenger and cargo carrier services in the northern Baltic Sea. It also offers onboard services such as shopping, food and professional entertainment and hotel services. The group's operations are divided into two operating segments: Vessels and Unallocated. The Vessel operating segment, which is the key revenue driver, comprises direct revenue and expenses including depreciation and amortization that is attributable to vessel operations. The Unallocated operating segment mainly comprises unallocated marketing and administrative expenses. The business of the group is primarily operated in Finland.

Viking Line Abp (OHEL:VIK1V) Headlines

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