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Multiconsult ASA (OSL:MULTI) Cyclically Adjusted Book per Share : kr31.09 (As of Mar. 2025)


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What is Multiconsult 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.

Multiconsult ASA's adjusted book value per share for the three months ended in Mar. 2025 was kr49.038. 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 kr31.09 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Multiconsult ASA's average Cyclically Adjusted Book Growth Rate was -8.50% 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.

As of today (2025-05-31), Multiconsult ASA's current stock price is kr200.00. Multiconsult ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr31.09. Multiconsult ASA's Cyclically Adjusted PB Ratio of today is 6.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Multiconsult ASA was 6.79. The lowest was 2.81. And the median was 4.53.


Multiconsult ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Multiconsult 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.

Multiconsult ASA Cyclically Adjusted Book per Share Chart

Multiconsult 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 - - - 38.68 30.34

Multiconsult ASA 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 33.97 34.38 34.52 30.34 31.09

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

For the Engineering & Construction subindustry, Multiconsult 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.


Multiconsult ASA's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Multiconsult 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, Multiconsult ASA'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)
=49.038/136.1000*136.1000
=49.038

Current CPI (Mar. 2025) = 136.1000.

Multiconsult ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.271 100.100 15.325
201509 10.629 100.600 14.380
201512 13.350 100.900 18.007
201603 12.636 102.500 16.778
201606 12.035 103.800 15.780
201609 13.794 104.200 18.017
201612 19.336 104.400 25.207
201703 22.198 105.000 28.773
201706 19.662 105.800 25.293
201709 21.755 105.900 27.959
201712 21.582 106.100 27.684
201803 22.089 107.300 28.018
201806 21.919 108.500 27.495
201809 21.967 109.500 27.303
201812 21.995 109.800 27.263
201903 23.936 110.400 29.508
201906 21.599 110.600 26.579
201909 22.067 111.100 27.033
201912 21.558 111.300 26.362
202003 25.565 111.200 31.290
202006 27.735 112.100 33.673
202009 29.053 112.900 35.023
202012 28.727 112.900 34.630
202103 30.672 114.600 36.426
202106 25.493 115.300 30.092
202109 29.501 117.500 34.171
202112 31.030 118.900 35.519
202203 35.186 119.800 39.973
202206 31.666 122.600 35.153
202209 33.401 125.600 36.193
202212 36.081 125.900 39.004
202303 41.647 127.600 44.421
202306 33.655 130.400 35.126
202309 33.366 129.800 34.985
202312 37.442 131.900 38.634
202403 41.202 132.600 42.290
202406 38.142 133.800 38.798
202409 40.678 133.700 41.408
202412 44.743 134.800 45.174
202503 49.038 136.100 49.038

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


Multiconsult ASA  (OSL:MULTI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=200.00/31.09
=6.43

* 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 Multiconsult ASA was 6.79. The lowest was 2.81. And the median was 4.53.


Be Aware

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


Multiconsult ASA Cyclically Adjusted Book per Share Related Terms

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


Multiconsult ASA Business Description

Industry
Traded in Other Exchanges
Address
Nedre Skoyen vei 2, Oslo, NOR, 0276
Multiconsult ASA is a specialist in engineering design, consultancy, and architecture services. The company's activities involve multidisciplinary consultancy, design, planning, project supervision, project management, geotechnical site surveys, verification, and controls in Norway and abroad. It provides engineering services in Norway, Sweden and Poland in addition to architecture services in all three Scandinavian countries. Its business segments are Buildings and Properties, Mobility and Transportation, Energy and Industry, and Water and Environment. Majority of revenue is from Buildings and Properties. Its geographical segments include Norway, Sweden, Denmark, Poland, and other countries.

Multiconsult ASA Headlines

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