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SpareBank 1 Helgeland (OSL:HELG) Cyclically Adjusted Book per Share : kr193.61 (As of Mar. 2025)


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What is SpareBank 1 Helgeland 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.

SpareBank 1 Helgeland's adjusted book value per share for the three months ended in Mar. 2025 was kr188.964. 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 kr193.61 for the trailing ten years ended in Mar. 2025.

During the past 12 months, SpareBank 1 Helgeland's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 SpareBank 1 Helgeland was 8.50% per year. The lowest was 7.50% per year. And the median was 8.00% per year.

As of today (2025-05-28), SpareBank 1 Helgeland's current stock price is kr167.50. SpareBank 1 Helgeland's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr193.61. SpareBank 1 Helgeland's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SpareBank 1 Helgeland was 0.95. The lowest was 0.61. And the median was 0.76.


SpareBank 1 Helgeland Cyclically Adjusted Book per Share Historical Data

The historical data trend for SpareBank 1 Helgeland'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.

SpareBank 1 Helgeland Cyclically Adjusted Book per Share Chart

SpareBank 1 Helgeland 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 140.47 152.87 164.52 179.58 189.90

SpareBank 1 Helgeland Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 182.32 185.75 187.45 189.90 193.61

Competitive Comparison of SpareBank 1 Helgeland's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, SpareBank 1 Helgeland'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.


SpareBank 1 Helgeland's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Helgeland's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Helgeland's Cyclically Adjusted PB Ratio falls into.


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SpareBank 1 Helgeland 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, SpareBank 1 Helgeland's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=188.964/136.1000*136.1000
=188.964

Current CPI (Mar. 2025) = 136.1000.

SpareBank 1 Helgeland Quarterly Data

Book Value per Share CPI Adj_Book
201506 84.408 100.100 114.765
201509 85.739 100.600 115.995
201512 135.287 100.900 182.483
201603 138.519 102.500 183.926
201606 141.222 103.800 185.167
201609 145.885 104.200 190.547
201612 153.009 104.400 199.469
201703 145.659 105.000 188.802
201706 148.046 105.800 190.445
201709 151.959 105.900 195.294
201712 156.779 106.100 201.109
201803 156.111 107.300 198.012
201806 157.352 108.500 197.379
201809 159.975 109.500 198.837
201812 158.306 109.800 196.224
201903 159.928 110.400 197.158
201906 162.550 110.600 200.028
201909 165.492 111.100 202.731
201912 169.731 111.300 207.551
202003 170.446 111.200 208.612
202006 173.828 112.100 211.044
202009 175.924 112.900 212.075
202012 181.706 112.900 219.045
202103 181.325 114.600 215.343
202106 184.039 115.300 217.239
202109 202.204 117.500 234.212
202112 171.229 118.900 195.999
202203 170.925 119.800 194.181
202206 173.368 122.600 192.458
202209 176.778 125.600 191.556
202212 182.819 125.900 197.630
202303 175.509 127.600 187.200
202306 179.243 130.400 187.078
202309 184.063 129.800 192.997
202312 187.289 131.900 193.253
202403 178.982 132.600 183.706
202406 183.836 133.800 186.996
202409 189.474 133.700 192.875
202412 194.083 134.800 195.955
202503 188.964 136.100 188.964

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


SpareBank 1 Helgeland  (OSL:HELG) 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.

SpareBank 1 Helgeland's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=167.50/193.61
=0.87

* 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 SpareBank 1 Helgeland was 0.95. The lowest was 0.61. And the median was 0.76.


Be Aware

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


SpareBank 1 Helgeland Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Helgeland's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 Helgeland Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jernbanegata 15, Mo i Rana, NOR, 8622
SpareBank 1 Helgeland is a regional bank engaged in providing banking and financial services. It offers savings products, payment services, credit cards, saving accounts, placement services, loans, insurance, shares, and currencies, as well as an online banking facility. The bank's operations are divided into two segments: Retail Market (RM) and Corporate Market (CM). The company serves creditors, customers, employees, management, and society in general. Geographically, all the operations of the bank are carried out from Helgeland.

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