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B2 Impact ASA (OSL:B2I) Cyclically Adjusted Book per Share : kr12.69 (As of Dec. 2024)


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What is B2 Impact ASA 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.

B2 Impact ASA's adjusted book value per share for the three months ended in Dec. 2024 was kr15.244. 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 kr12.69 for the trailing ten years ended in Dec. 2024.

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 (2025-04-25), B2 Impact ASA's current stock price is kr10.78. B2 Impact ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was kr12.69. B2 Impact ASA's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of B2 Impact ASA was 0.85. The lowest was 0.67. And the median was 0.78.


B2 Impact ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for B2 Impact ASA'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.

B2 Impact ASA Cyclically Adjusted Book per Share Chart

B2 Impact ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 12.69

B2 Impact ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 11.95 12.34 12.69

Competitive Comparison of B2 Impact ASA's Cyclically Adjusted Book per Share

For the Credit Services subindustry, B2 Impact ASA'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.


B2 Impact ASA's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, B2 Impact ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B2 Impact ASA's Cyclically Adjusted PB Ratio falls into.


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B2 Impact ASA 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, B2 Impact ASA's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=15.244/134.8000*134.8000
=15.244

Current CPI (Dec. 2024) = 134.8000.

B2 Impact ASA Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.200 0.000
201506 0.000 100.100 0.000
201509 0.000 100.600 0.000
201512 5.363 100.900 7.165
201603 5.347 102.500 7.032
201606 6.182 103.800 8.028
201609 6.403 104.200 8.283
201612 6.574 104.400 8.488
201703 7.104 105.000 9.120
201706 7.541 105.800 9.608
201709 7.644 105.900 9.730
201712 8.521 106.100 10.826
201803 9.534 107.300 11.977
201806 9.414 108.500 11.696
201809 9.832 109.500 12.104
201812 10.647 109.800 13.071
201903 10.644 110.400 12.996
201906 9.615 110.600 11.719
201909 10.053 111.100 12.198
201912 10.333 111.300 12.515
202003 11.672 111.200 14.149
202006 11.287 112.100 13.573
202009 11.751 112.900 14.030
202012 11.509 112.900 13.741
202103 11.282 114.600 13.271
202106 11.951 115.300 13.972
202109 12.270 117.500 14.077
202112 12.444 118.900 14.108
202203 12.167 119.800 13.690
202206 12.519 122.600 13.765
202209 13.245 125.600 14.215
202212 13.479 125.900 14.432
202303 14.846 127.600 15.684
202306 15.580 130.400 16.106
202309 14.971 129.800 15.548
202312 15.141 131.900 15.474
202403 15.987 132.600 16.252
202406 15.545 133.800 15.661
202409 15.722 133.700 15.851
202412 15.244 134.800 15.244

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


B2 Impact ASA  (OSL:B2I) 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.

B2 Impact ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.78/12.69
=0.85

* 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 12 years, the highest Cyclically Adjusted PB Ratio of B2 Impact ASA was 0.85. The lowest was 0.67. And the median was 0.78.


Be Aware

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


B2 Impact ASA Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of B2 Impact ASA's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


B2 Impact ASA Business Description

Industry
Traded in Other Exchanges
Address
Cort Adelers gate 30, Oslo, NOR, 0254
B2 Impact ASA provides business lines that are Investments and Servicing. The Group focuses on granular consumer NPLs, and retail and corporate secured NPLs, owned and serviced for JV partners.. Geographically, the company has a presence in Northern Europe (Norway, Sweden, Denmark, Finland, Estonia, Latvia, and Lithuania); Poland; Central Europe (Croatia, Slovenia, Serbia, Montenegro, Bosnia and Herzegovina, Austria, Czech Republic, and Hungary); Western Europe (Spain, Italy, and France); and South Eastern Europe (Bulgaria, Romania, Greece, and Cyprus). Its segments are Investments, Servicing, and Other.

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