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Crayon Group Holding ASA (OSL:CRAYN) Cyclically Adjusted Book per Share : kr15.49 (As of Mar. 2024)


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What is Crayon Group Holding 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.

Crayon Group Holding ASA's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was kr28.282. 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 kr15.49 for the trailing ten years ended in Dec. 2023.

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 (2024-05-14), Crayon Group Holding ASA's current stock price is kr 103.50. Crayon Group Holding ASA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was kr15.49. Crayon Group Holding ASA's Cyclically Adjusted PB Ratio of today is 6.68.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Crayon Group Holding ASA was 8.18. The lowest was 4.74. And the median was 5.91.


Crayon Group Holding ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Crayon Group Holding 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.

Crayon Group Holding ASA Cyclically Adjusted Book per Share Chart

Crayon Group Holding 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 - - - 12.88 15.49

Crayon Group Holding 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 - - - 15.49 -

Competitive Comparison of Crayon Group Holding ASA's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Crayon Group Holding 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.


Crayon Group Holding ASA's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Crayon Group Holding ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Crayon Group Holding 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, Crayon Group Holding ASA's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=28.282/131.9000*131.9000
=28.282

Current CPI (Dec. 2023) = 131.9000.

Crayon Group Holding ASA Annual Data

Book Value per Share CPI Adj_Book
201412 7.060 98.600 9.444
201512 6.661 100.900 8.707
201612 4.957 104.400 6.263
201712 7.399 106.100 9.198
201812 7.841 109.800 9.419
201912 7.746 111.300 9.180
202012 13.466 112.900 15.732
202112 26.305 118.900 29.181
202212 28.126 125.900 29.466
202312 28.282 131.900 28.282

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


Crayon Group Holding ASA  (OSL:CRAYN) 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.

Crayon Group Holding ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=103.50/15.49
=6.68

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Crayon Group Holding ASA was 8.18. The lowest was 4.74. And the median was 5.91.


Be Aware

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


Crayon Group Holding ASA Cyclically Adjusted Book per Share Related Terms

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


Crayon Group Holding ASA (OSL:CRAYN) Business Description

Industry
Traded in Other Exchanges
Address
Gullhaug Torg 5, Oslo, NOR, 0484
Crayon Group Holding ASA is an information technology advisory firm. The company operates in five business segments; Software & Cloud Direct is Crayon's licence offering from software vendors, Software & Cloud Channel is Crayon's offering towards hosters, system integrators and ISVs, which includes licence advisory/optimization, software licence sales and access to Crayons proprietary tools and IP, Software & Cloud Economics services include processes and tools for enabling clients to build in-house SAM (Software Asset Management) capabilities, licence spend optimization and support for clients in vendor audits, Consulting consists of cloud consulting and solutions consulting services, and Admin & shared services include administrative income and costs, corporate administrative costs.

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