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Aurskog Sparebank (OSL:AURG) Cyclically Adjusted Book per Share : kr417.92 (As of Mar. 2024)


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What is Aurskog Sparebank 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.

Aurskog Sparebank's adjusted book value per share for the three months ended in Mar. 2024 was kr481.285. 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 kr417.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aurskog Sparebank's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 Aurskog Sparebank was 5.40% per year. The lowest was 5.40% per year. And the median was 5.40% per year.

As of today (2024-06-25), Aurskog Sparebank's current stock price is kr222.00. Aurskog Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr417.92. Aurskog Sparebank's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aurskog Sparebank was 0.57. The lowest was 0.44. And the median was 0.53.


Aurskog Sparebank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aurskog Sparebank'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.

Aurskog Sparebank Cyclically Adjusted Book per Share Chart

Aurskog Sparebank 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 - 352.82 368.89 391.46 413.60

Aurskog Sparebank 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 397.48 406.62 405.30 413.60 417.92

Competitive Comparison of Aurskog Sparebank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Aurskog Sparebank'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.


Aurskog Sparebank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Aurskog Sparebank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aurskog Sparebank 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, Aurskog Sparebank'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)
=481.285/132.6000*132.6000
=481.285

Current CPI (Mar. 2024) = 132.6000.

Aurskog Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201406 300.148 97.500 408.201
201409 309.651 98.500 416.850
201412 325.888 98.600 438.263
201503 320.916 99.200 428.966
201506 332.202 100.100 440.060
201509 336.107 100.600 443.020
201512 374.511 100.900 492.172
201603 320.372 102.500 414.452
201606 333.581 103.800 426.135
201609 342.782 104.200 436.208
201612 401.959 104.400 510.534
201703 294.403 105.000 371.789
201706 308.436 105.800 386.565
201709 312.785 105.900 391.646
201712 318.237 106.100 397.721
201803 309.647 107.300 382.658
201806 325.319 108.500 397.579
201809 331.622 109.500 401.581
201812 337.725 109.800 407.854
201903 336.006 110.400 403.572
201906 360.841 110.600 432.618
201909 411.066 111.100 490.615
201912 317.428 111.300 378.176
202003 307.828 111.200 367.068
202006 306.619 112.100 362.691
202009 306.368 112.900 359.826
202012 336.534 112.900 395.256
202103 337.002 114.600 389.934
202106 346.796 115.300 398.830
202109 359.575 117.500 405.784
202112 362.089 118.900 403.810
202203 371.637 119.800 411.344
202206 383.915 122.600 415.229
202209 394.540 125.600 416.529
202212 412.451 125.900 434.400
202303 413.138 127.600 429.327
202306 424.361 130.400 431.520
202309 434.732 129.800 444.110
202312 470.222 131.900 472.717
202403 481.285 132.600 481.285

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


Aurskog Sparebank  (OSL:AURG) 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.

Aurskog Sparebank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=222.00/417.92
=0.53

* 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 Aurskog Sparebank was 0.57. The lowest was 0.44. And the median was 0.53.


Be Aware

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


Aurskog Sparebank Cyclically Adjusted Book per Share Related Terms

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


Aurskog Sparebank (OSL:AURG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Aurskog Center, Aurskog, NOR, 1930
Aurskog Sparebank operates as a local bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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