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Leroy Seafood Group ASA (OSL:LSG) Cyclically Adjusted Book per Share : kr28.81 (As of Mar. 2024)


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What is Leroy Seafood Group 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.

Leroy Seafood Group ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr32.319. 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 kr28.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Leroy Seafood Group ASA's average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 Leroy Seafood Group ASA was 13.60% per year. The lowest was 11.90% per year. And the median was 13.60% per year.

As of today (2024-05-26), Leroy Seafood Group ASA's current stock price is kr48.80. Leroy Seafood Group ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr28.81. Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leroy Seafood Group ASA was 5.25. The lowest was 1.43. And the median was 3.24.


Leroy Seafood Group ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Leroy Seafood Group 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.

Leroy Seafood Group ASA Cyclically Adjusted Book per Share Chart

Leroy Seafood Group 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 17.28 19.27 22.05 25.36 28.28

Leroy Seafood Group 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 26.23 27.21 27.48 28.28 28.81

Competitive Comparison of Leroy Seafood Group ASA's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Leroy Seafood Group 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.


Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Leroy Seafood Group 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, Leroy Seafood Group 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)
=32.319/132.6000*132.6000
=32.319

Current CPI (Mar. 2024) = 132.6000.

Leroy Seafood Group ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.896 97.500 16.179
201409 12.047 98.500 16.218
201412 13.387 98.600 18.003
201503 13.482 99.200 18.021
201506 12.522 100.100 16.588
201509 12.971 100.600 17.097
201512 14.536 100.900 19.103
201603 15.423 102.500 19.952
201606 17.305 103.800 22.106
201609 17.813 104.200 22.668
201612 21.059 104.400 26.747
201703 21.569 105.000 27.239
201706 22.264 105.800 27.904
201709 22.736 105.900 28.468
201712 22.851 106.100 28.558
201803 25.236 107.300 31.186
201806 25.558 108.500 31.235
201809 26.437 109.500 32.014
201812 27.126 109.800 32.759
201903 27.890 110.400 33.498
201906 27.071 110.600 32.456
201909 26.988 111.100 32.211
201912 28.298 111.300 33.714
202003 28.760 111.200 34.295
202006 27.844 112.100 32.936
202009 28.484 112.900 33.454
202012 28.141 112.900 33.051
202103 29.169 114.600 33.751
202106 28.795 115.300 33.115
202109 29.265 117.500 33.026
202112 30.559 118.900 34.080
202203 31.759 119.800 35.152
202206 31.695 122.600 34.280
202209 32.687 125.600 34.509
202212 33.097 125.900 34.858
202303 34.974 127.600 36.344
202306 30.653 130.400 31.170
202309 29.941 129.800 30.587
202312 31.382 131.900 31.549
202403 32.319 132.600 32.319

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


Leroy Seafood Group ASA  (OSL:LSG) 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.

Leroy Seafood Group ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.80/28.81
=1.69

* 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 Leroy Seafood Group ASA was 5.25. The lowest was 1.43. And the median was 3.24.


Be Aware

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


Leroy Seafood Group ASA Cyclically Adjusted Book per Share Related Terms

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


Leroy Seafood Group ASA (OSL:LSG) Business Description

Traded in Other Exchanges
Address
Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Artic Supreme, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.

Leroy Seafood Group ASA (OSL:LSG) Headlines

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