GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wulff-Yhtiot Oyj (OHEL:WUF1V) » Definitions » Cyclically Adjusted Book per Share

Wulff-Yhtiot Oyj (OHEL:WUF1V) Cyclically Adjusted Book per Share : €2.42 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Wulff-Yhtiot 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.

Wulff-Yhtiot Oyj's adjusted book value per share for the three months ended in Mar. 2024 was €3.173. 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 €2.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wulff-Yhtiot Oyj's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.40% 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 Wulff-Yhtiot Oyj was 6.10% per year. The lowest was -4.20% per year. And the median was 0.75% per year.

As of today (2024-05-29), Wulff-Yhtiot Oyj's current stock price is €2.52. Wulff-Yhtiot Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.42. Wulff-Yhtiot Oyj's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wulff-Yhtiot Oyj was 2.55. The lowest was 0.62. And the median was 0.96.


Wulff-Yhtiot Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Wulff-Yhtiot 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.

Wulff-Yhtiot Oyj Cyclically Adjusted Book per Share Chart

Wulff-Yhtiot 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 2.08 1.99 2.05 2.26 2.38

Wulff-Yhtiot 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 2.30 2.33 2.35 2.38 2.42

Competitive Comparison of Wulff-Yhtiot Oyj's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, Wulff-Yhtiot 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.


Wulff-Yhtiot Oyj's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wulff-Yhtiot Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Wulff-Yhtiot 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, Wulff-Yhtiot 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)
=3.173/122.3600*122.3600
=3.173

Current CPI (Mar. 2024) = 122.3600.

Wulff-Yhtiot Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.793 100.147 2.191
201409 1.750 100.726 2.126
201412 1.945 100.229 2.374
201503 1.944 100.120 2.376
201506 1.738 100.030 2.126
201509 1.753 100.130 2.142
201512 1.838 99.990 2.249
201603 1.786 100.080 2.184
201606 1.726 100.390 2.104
201609 1.746 100.540 2.125
201612 1.779 101.020 2.155
201703 1.788 100.910 2.168
201706 1.616 101.140 1.955
201709 1.598 101.320 1.930
201712 1.639 101.510 1.976
201803 1.640 101.730 1.973
201806 1.624 102.320 1.942
201809 1.655 102.600 1.974
201812 1.716 102.710 2.044
201903 1.725 102.870 2.052
201906 1.684 103.360 1.994
201909 1.664 103.540 1.966
201912 1.762 103.650 2.080
202003 1.754 103.490 2.074
202006 1.859 103.320 2.202
202009 1.945 103.710 2.295
202012 1.999 103.890 2.354
202103 2.039 104.870 2.379
202106 2.545 105.360 2.956
202109 2.643 106.290 3.043
202112 2.734 107.490 3.112
202203 2.891 110.950 3.188
202206 2.819 113.570 3.037
202209 2.937 114.920 3.127
202212 3.023 117.320 3.153
202303 3.079 119.750 3.146
202306 3.076 120.690 3.119
202309 3.106 121.280 3.134
202312 3.165 121.540 3.186
202403 3.173 122.360 3.173

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


Wulff-Yhtiot Oyj  (OHEL:WUF1V) 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.

Wulff-Yhtiot Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.52/2.42
=1.04

* 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 Wulff-Yhtiot Oyj was 2.55. The lowest was 0.62. And the median was 0.96.


Be Aware

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


Wulff-Yhtiot Oyj Cyclically Adjusted Book per Share Related Terms

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


Wulff-Yhtiot Oyj (OHEL:WUF1V) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kilonkartanontie 3, Espoo, FIN, 02610
Wulff Yhtiot Oyj operates as a provider of office supplies. The company sells office supplies, facility management products, catering solutions, IT supplies, ergonomics, lighting solutions and different products for work sites. Its operating segments are Contract Customers and Expertise Sales. The Contract Customers division develops business-to-business contract customer sales of office supplies, as well as provides fair and event marketing services. Its Expertise Sales Segment aims to improve the customers' daily operations with products. The company generates maximum revenue from the Contract Customers Segment. Geographically, it derives a majority of revenue from Finland and also has a presence in Sweden; Norway; and Denmark.

Wulff-Yhtiot Oyj (OHEL:WUF1V) Headlines

No Headlines