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Eimskipafelag Islands ehf (OISE:EIM) Cyclically Adjusted Book per Share : kr269.36 (As of Mar. 2024)


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What is Eimskipafelag Islands ehf 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.

Eimskipafelag Islands ehf's adjusted book value per share for the three months ended in Mar. 2024 was kr260.132. 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 kr269.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eimskipafelag Islands ehf's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Eimskipafelag Islands ehf was 7.20% per year. The lowest was 7.20% per year. And the median was 7.20% per year.

As of today (2024-06-20), Eimskipafelag Islands ehf's current stock price is kr345.00. Eimskipafelag Islands ehf's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr269.36. Eimskipafelag Islands ehf's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eimskipafelag Islands ehf was 2.55. The lowest was 0.58. And the median was 1.95.


Eimskipafelag Islands ehf Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eimskipafelag Islands ehf'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.

Eimskipafelag Islands ehf Cyclically Adjusted Book per Share Chart

Eimskipafelag Islands ehf 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 - 215.30 225.90 246.77 265.25

Eimskipafelag Islands ehf 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 253.49 259.88 261.69 265.25 269.36

Competitive Comparison of Eimskipafelag Islands ehf's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Eimskipafelag Islands ehf'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.


Eimskipafelag Islands ehf's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Eimskipafelag Islands ehf's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eimskipafelag Islands ehf's Cyclically Adjusted PB Ratio falls into.



Eimskipafelag Islands ehf 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, Eimskipafelag Islands ehf'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)
=260.132/144.9095*144.9095
=260.132

Current CPI (Mar. 2024) = 144.9095.

Eimskipafelag Islands ehf Quarterly Data

Book Value per Share CPI Adj_Book
201406 206.323 98.777 302.683
201409 204.180 98.734 299.669
201412 196.121 98.669 288.033
201503 170.714 99.612 248.344
201506 180.730 100.289 261.141
201509 186.123 100.607 268.083
201512 182.273 100.657 262.408
201603 180.277 101.115 258.357
201606 189.533 101.923 269.470
201609 197.667 102.457 279.569
201612 188.333 102.562 266.094
201703 181.967 102.768 256.586
201706 193.248 103.496 270.575
201709 211.713 103.871 295.358
201712 211.899 104.481 293.892
201803 208.304 105.600 285.845
201806 202.639 106.206 276.484
201809 206.852 106.727 280.855
201812 198.653 108.388 265.590
201903 192.369 108.702 256.444
201906 194.733 109.758 257.099
201909 193.207 109.922 254.705
201912 191.065 110.588 250.362
202003 180.705 111.019 235.869
202006 188.917 112.667 242.980
202009 203.031 113.772 258.596
202012 211.944 114.542 268.134
202103 199.273 115.833 249.295
202106 204.738 117.451 252.602
202109 225.589 118.723 275.347
202112 228.920 120.398 275.526
202203 215.962 123.555 253.287
202206 223.283 127.809 253.158
202209 233.823 129.810 261.022
202212 262.661 131.901 288.565
202303 248.014 135.674 264.896
202306 265.306 139.150 276.288
202309 277.786 140.147 287.226
202312 284.097 142.125 289.662
202403 260.132 144.910 260.132

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


Eimskipafelag Islands ehf  (OISE:EIM) 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.

Eimskipafelag Islands ehf's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=345.00/269.36
=1.28

* 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 Eimskipafelag Islands ehf was 2.55. The lowest was 0.58. And the median was 1.95.


Be Aware

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


Eimskipafelag Islands ehf Cyclically Adjusted Book per Share Related Terms

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


Eimskipafelag Islands ehf (OISE:EIM) Business Description

Traded in Other Exchanges
N/A
Address
Sundabakki 2, Reykjavík, ISL, 104
Eimskipafelag Islands ehf Formerly Eimpskipafelag Islands provides shipping, logistics, supply chain services. The company's operations are divided into two market segments namely Liner services and Forwarding services. The liner services segment includes operations such as port operations, cold storage facilities, warehousing, trucking and distribution, air freight and agency services in Iceland and Norway. The forwarding services segment includes reefer forwarding, a system based on a network of own offices, association with deep-sea lines and associates. The company earns the majority of its revenues from Iceland, the Faroe Islands, and Asia.