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Eik fasteignafelag hf (OISE:EIK) Cyclically Adjusted Book per Share : kr12.31 (As of Jun. 2024)


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What is Eik fasteignafelag hf 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.

Eik fasteignafelag hf's adjusted book value per share for the three months ended in Jun. 2024 was kr14.430. 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 kr12.31 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Eik fasteignafelag hf's average Cyclically Adjusted Book Growth Rate was 15.70% 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.

As of today (2024-09-21), Eik fasteignafelag hf's current stock price is kr11.20. Eik fasteignafelag hf's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was kr12.31. Eik fasteignafelag hf's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eik fasteignafelag hf was 1.17. The lowest was 0.79. And the median was 1.02.


Eik fasteignafelag hf Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eik fasteignafelag hf'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.

Eik fasteignafelag hf Cyclically Adjusted Book per Share Chart

Eik fasteignafelag hf 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 - - - - 11.52

Eik fasteignafelag hf Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.64 11.05 11.52 12.05 12.31

Competitive Comparison of Eik fasteignafelag hf's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Eik fasteignafelag hf'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.


Eik fasteignafelag hf's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eik fasteignafelag hf's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eik fasteignafelag hf's Cyclically Adjusted PB Ratio falls into.



Eik fasteignafelag hf 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, Eik fasteignafelag hf's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=14.43/147.2665*147.2665
=14.430

Current CPI (Jun. 2024) = 147.2665.

Eik fasteignafelag hf Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 98.734 0.000
201412 5.638 98.669 8.415
201503 0.000 99.612 0.000
201506 5.896 100.289 8.658
201509 6.341 100.607 9.282
201512 6.810 100.657 9.963
201603 7.170 101.115 10.443
201606 6.988 101.923 10.097
201609 7.266 102.457 10.444
201612 7.629 102.562 10.954
201703 7.850 102.768 11.249
201706 7.826 103.496 11.136
201709 8.059 103.871 11.426
201712 8.459 104.481 11.923
201803 8.514 105.600 11.873
201806 8.471 106.206 11.746
201809 8.686 106.727 11.985
201812 8.939 108.388 12.145
201903 8.801 108.702 11.923
201906 9.080 109.758 12.183
201909 9.242 109.922 12.382
201912 9.511 110.588 12.665
202003 9.429 111.019 12.508
202006 9.345 112.667 12.215
202009 9.458 113.772 12.242
202012 9.722 114.542 12.500
202103 9.980 115.833 12.688
202106 10.206 117.451 12.797
202109 10.597 118.723 13.145
202112 10.976 120.398 13.425
202203 11.625 123.555 13.856
202206 12.151 127.809 14.001
202209 12.585 129.810 14.277
202212 12.809 131.901 14.301
202303 12.552 135.674 13.624
202306 14.791 139.150 15.654
202309 14.240 140.147 14.963
202312 14.355 142.125 14.874
202403 14.956 144.910 15.199
202406 14.430 147.267 14.430

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


Eik fasteignafelag hf  (OISE:EIK) 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.

Eik fasteignafelag hf's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.20/12.31
=0.91

* 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 Eik fasteignafelag hf was 1.17. The lowest was 0.79. And the median was 1.02.


Be Aware

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


Eik fasteignafelag hf Cyclically Adjusted Book per Share Related Terms

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


Eik fasteignafelag hf Business Description

Industry
Traded in Other Exchanges
N/A
Address
Soltun 26, Reykjavik, ISL, 105
Eik fasteignafelag hf is a real estate company. The company owns and leases real estate properties. Its real estate portfolio consists of housing, retail and office space in the business areas. It also engaged in leasing of commercial real estate. It offers spaces for offices, warehouses and retail spaces in both urban and rural area.

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