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SpareBank 1 Nord-Norge (OSL:NONG) Cyclically Adjusted Book per Share : kr162.72 (As of Mar. 2025)


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What is SpareBank 1 Nord-Norge 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 Nord-Norge's adjusted book value per share for the three months ended in Mar. 2025 was kr197.753. 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 kr162.72 for the trailing ten years ended in Mar. 2025.

During the past 12 months, SpareBank 1 Nord-Norge's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Nord-Norge was 8.00% per year. The lowest was 5.40% per year. And the median was 6.95% per year.

As of today (2025-05-30), SpareBank 1 Nord-Norge's current stock price is kr147.32. SpareBank 1 Nord-Norge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr162.72. SpareBank 1 Nord-Norge's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SpareBank 1 Nord-Norge was 0.92. The lowest was 0.44. And the median was 0.65.


SpareBank 1 Nord-Norge Cyclically Adjusted Book per Share Historical Data

The historical data trend for SpareBank 1 Nord-Norge'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 Nord-Norge Cyclically Adjusted Book per Share Chart

SpareBank 1 Nord-Norge 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 119.84 130.00 141.62 150.96 159.39

SpareBank 1 Nord-Norge 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 152.81 155.29 156.53 159.39 162.72

Competitive Comparison of SpareBank 1 Nord-Norge's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, SpareBank 1 Nord-Norge'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 Nord-Norge's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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SpareBank 1 Nord-Norge 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 Nord-Norge'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)
=197.753/136.1000*136.1000
=197.753

Current CPI (Mar. 2025) = 136.1000.

SpareBank 1 Nord-Norge Quarterly Data

Book Value per Share CPI Adj_Book
201506 94.653 100.100 128.694
201509 96.516 100.600 130.575
201512 99.215 100.900 133.827
201603 100.380 102.500 133.285
201606 103.120 103.800 135.208
201609 106.685 104.200 139.346
201612 109.673 104.400 142.974
201703 105.341 105.000 136.542
201706 112.363 105.800 144.543
201709 115.759 105.900 148.771
201712 122.502 106.100 157.140
201803 116.315 107.300 147.535
201806 120.647 108.500 151.337
201809 127.042 109.500 157.903
201812 130.062 109.800 161.215
201903 129.943 110.400 160.192
201906 135.458 110.600 166.689
201909 139.183 111.100 170.502
201912 141.158 111.300 172.611
202003 136.365 111.200 166.900
202006 141.248 112.100 171.488
202009 146.056 112.900 176.069
202012 149.624 112.900 180.370
202103 151.514 114.600 179.939
202106 157.261 115.300 185.631
202109 162.689 117.500 188.442
202112 163.908 118.900 187.619
202203 156.345 119.800 177.617
202206 157.413 122.600 174.746
202209 154.734 125.600 167.670
202212 156.298 125.900 168.961
202303 147.593 127.600 157.425
202306 153.041 130.400 159.731
202309 158.121 129.800 165.796
202312 168.778 131.900 174.152
202403 160.382 132.600 164.615
202406 167.264 133.800 170.139
202409 180.053 133.700 183.285
202412 189.864 134.800 191.695
202503 197.753 136.100 197.753

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


SpareBank 1 Nord-Norge  (OSL:NONG) 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 Nord-Norge's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=147.32/162.72
=0.91

* 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 Nord-Norge was 0.92. The lowest was 0.44. And the median was 0.65.


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 Nord-Norge Cyclically Adjusted Book per Share Related Terms

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


SpareBank 1 Nord-Norge Business Description

Industry
Traded in Other Exchanges
Address
Storgata 65, PO Box 6800, Tromso, NOR, 9008
SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely the retail market and the corporate market. In addition, the subsidiary companies' activities, such as accounting services, real estate brokerage, and leasing/sale-leaseback financing, are considered. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurance. The Corporate Banking segment focuses purely on corporate customers.

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