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Marel hf (OISE:MAREL) Cyclically Adjusted Book per Share : kr196.99 (As of Mar. 2024)


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What is Marel 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.

Marel hf's adjusted book value per share for the three months ended in Mar. 2024 was kr208.500. 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 kr196.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Marel hf's average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Marel hf was 12.00% per year. The lowest was 8.00% per year. And the median was 10.85% per year.

As of today (2024-06-09), Marel hf's current stock price is kr482.00. Marel hf's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr196.99. Marel hf's Cyclically Adjusted PB Ratio of today is 2.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marel hf was 6.89. The lowest was 1.87. And the median was 4.15.


Marel hf Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marel 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.

Marel hf Cyclically Adjusted Book per Share Chart

Marel 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 123.43 136.70 152.42 172.84 192.06

Marel hf 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 179.35 185.41 188.12 192.06 196.99

Competitive Comparison of Marel hf's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Marel 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.


Marel hf's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marel hf's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Marel 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, Marel hf'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)
=208.5/144.9095*144.9095
=208.500

Current CPI (Mar. 2024) = 144.9095.

Marel hf Quarterly Data

Book Value per Share CPI Adj_Book
201406 107.864 98.777 158.240
201409 104.899 98.734 153.957
201412 100.634 98.669 147.796
201503 89.739 99.612 130.547
201506 95.549 100.289 138.061
201509 96.338 100.607 138.761
201512 96.063 100.657 138.296
201603 100.430 101.115 143.927
201606 106.304 101.923 151.139
201609 111.901 102.457 158.267
201612 108.009 102.562 152.605
201703 109.842 102.768 154.885
201706 116.310 103.496 162.850
201709 126.542 103.871 176.537
201712 128.500 104.481 178.222
201803 126.765 105.600 173.953
201806 127.161 106.206 173.501
201809 127.404 106.727 172.984
201812 132.073 108.388 176.576
201903 124.768 108.702 166.326
201906 188.578 109.758 248.973
201909 190.878 109.922 251.634
201912 194.254 110.588 254.541
202003 183.502 111.019 239.520
202006 186.735 112.667 240.173
202009 200.593 113.772 255.491
202012 215.599 114.542 272.758
202103 205.146 115.833 256.642
202106 212.095 117.451 261.679
202109 211.247 118.723 257.842
202112 211.115 120.398 254.096
202203 206.451 123.555 242.132
202206 198.028 127.809 224.524
202209 189.303 129.810 211.323
202212 201.262 131.901 221.111
202303 203.115 135.674 216.941
202306 206.303 139.150 214.842
202309 207.021 140.147 214.056
202312 209.565 142.125 213.670
202403 208.500 144.910 208.500

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


Marel hf  (OISE:MAREL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=482.00/196.99
=2.45

* 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 Marel hf was 6.89. The lowest was 1.87. And the median was 4.15.


Be Aware

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


Marel hf Cyclically Adjusted Book per Share Related Terms

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


Marel hf (OISE:MAREL) Business Description

Industry
Traded in Other Exchanges
Address
Austurhraun 9, Gardabaer, ISL, 210
Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, meat and further processing industries and is involved in the manufacturing, development, distribution and sales of solutions for these industries. The company offers systems for processing broilers, turkeys and ducks, equipment and systems for salmon and whitefish processing, both farmed and wild, onboard and ashore. In addition, it also focuses on deboning and trimming, case ready foodservice and bacon processing. The firm also provides products for portioning, coating, heat treatment and sausage making. It organizes its business in four divisions; poultry, fish, meat, and others.

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