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Bonheur ASA (OSL:BONHR) Cyclically Adjusted Book per Share : kr211.55 (As of Mar. 2024)


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What is Bonheur 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.

Bonheur ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr165.678. 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 kr211.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bonheur ASA's average Cyclically Adjusted Book Growth Rate was -3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bonheur ASA was -0.80% per year. The lowest was -2.00% per year. And the median was -1.45% per year.

As of today (2024-05-15), Bonheur ASA's current stock price is kr251.50. Bonheur ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr211.55. Bonheur ASA's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bonheur ASA was 1.79. The lowest was 0.33. And the median was 0.97.


Bonheur ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bonheur 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.

Bonheur ASA Cyclically Adjusted Book per Share Chart

Bonheur ASA 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 229.49 223.26 220.63 218.51 214.83

Bonheur ASA 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 218.35 219.84 214.91 214.83 211.55

Competitive Comparison of Bonheur ASA's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Bonheur 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.


Bonheur ASA's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bonheur ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bonheur 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, Bonheur ASA'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)
=165.678/131.9000*131.9000
=165.678

Current CPI (Mar. 2024) = 131.9000.

Bonheur ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 218.187 97.500 295.168
201409 223.164 98.500 298.836
201412 245.169 98.600 327.969
201503 265.086 99.200 352.468
201506 272.491 100.100 359.057
201509 289.448 100.600 379.505
201512 281.360 100.900 367.804
201603 259.585 102.500 334.042
201606 228.186 103.800 289.959
201609 216.296 104.200 273.795
201612 222.457 104.400 281.054
201703 219.950 105.000 276.299
201706 209.826 105.800 261.588
201709 200.532 105.900 249.766
201712 200.181 106.100 248.858
201803 185.475 107.300 227.998
201806 181.163 108.500 220.234
201809 169.238 109.500 203.858
201812 148.901 109.800 178.871
201903 142.164 110.400 169.850
201906 139.502 110.600 166.368
201909 140.915 111.100 167.297
201912 133.035 111.300 157.658
202003 145.858 111.200 173.010
202006 142.862 112.100 168.095
202009 118.182 112.900 138.071
202012 104.854 112.900 122.500
202103 95.799 114.600 110.261
202106 109.753 115.300 125.554
202109 103.294 117.500 115.953
202112 108.674 118.900 120.556
202203 107.183 119.800 118.009
202206 107.432 122.600 115.581
202209 125.802 125.600 132.112
202212 134.466 125.900 140.874
202303 149.565 127.600 154.605
202306 157.211 130.400 159.019
202309 154.181 129.800 156.675
202312 156.999 131.900 156.999
202403 165.678 131.900 165.678

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


Bonheur ASA  (OSL:BONHR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=251.50/211.55
=1.19

* 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 Bonheur ASA was 1.79. The lowest was 0.33. And the median was 0.97.


Be Aware

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


Bonheur ASA Cyclically Adjusted Book per Share Related Terms

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


Bonheur ASA (OSL:BONHR) Business Description

Industry
Traded in Other Exchanges
Address
Fred Olsens Gate 2, P.O. Box 1159, Sentrum, Oslo, NOR, 0107
Bonheur ASA was initially a Norwegian shipping company. Currently, the company is engaged in several businesses. It provides services through four segments, namely, Other Investments, Renewable Energy, Cruise, and Wind Services. The renewable energy segment is engaged in the development, construction, and operation of wind farms in Scotland, Norway, Sweden, Ireland, Italy, and the USA. The wind Service segment is engaged in logistics and services within the offshore wind industry. Cruise owns and operates four cruise ships and provides a diverse range of cruises, and The other investments segment has investments within media, real estate, bonds and shares.

Bonheur ASA (OSL:BONHR) Headlines

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