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Rogaland Sparebank (OSL:ROGS) Cyclically Adjusted Book per Share : kr178.23 (As of Mar. 2025)


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What is Rogaland Sparebank 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.

Rogaland Sparebank's adjusted book value per share for the three months ended in Mar. 2025 was kr177.582. 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 kr178.23 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Rogaland Sparebank's average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Rogaland Sparebank was 4.20% per year. The lowest was 1.00% per year. And the median was 2.60% per year.

As of today (2025-06-23), Rogaland Sparebank's current stock price is kr142.00. Rogaland Sparebank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr178.23. Rogaland Sparebank's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rogaland Sparebank was 0.81. The lowest was 0.45. And the median was 0.54.


Rogaland Sparebank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rogaland Sparebank'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.

Rogaland Sparebank Cyclically Adjusted Book per Share Chart

Rogaland Sparebank 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 160.51 173.13 179.93 181.81 178.52

Rogaland Sparebank 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 181.12 180.57 178.74 178.52 178.23

Competitive Comparison of Rogaland Sparebank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Rogaland Sparebank'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.


Rogaland Sparebank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Rogaland Sparebank 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, Rogaland Sparebank'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)
=177.582/136.1000*136.1000
=177.582

Current CPI (Mar. 2025) = 136.1000.

Rogaland Sparebank Quarterly Data

Book Value per Share CPI Adj_Book
201506 186.601 100.100 253.710
201509 187.039 100.600 253.042
201512 179.831 100.900 242.567
201603 178.651 102.500 237.214
201606 301.436 103.800 395.235
201609 110.168 104.200 143.895
201612 112.300 104.400 146.399
201703 114.098 105.000 147.893
201706 115.579 105.800 148.680
201709 117.520 105.900 151.034
201712 117.692 106.100 150.970
201803 116.172 107.300 147.353
201806 120.099 108.500 150.650
201809 126.323 109.500 157.010
201812 128.606 109.800 159.411
201903 124.319 110.400 153.259
201906 126.801 110.600 156.036
201909 128.919 111.100 157.929
201912 131.269 111.300 160.519
202003 130.789 111.200 160.075
202006 135.890 112.100 164.983
202009 138.630 112.900 167.117
202012 140.940 112.900 169.902
202103 144.203 114.600 171.257
202106 147.774 115.300 174.432
202109 150.335 117.500 174.133
202112 146.771 118.900 168.003
202203 148.840 119.800 169.091
202206 153.617 122.600 170.532
202209 155.816 125.600 168.842
202212 161.973 125.900 175.096
202303 156.015 127.600 166.408
202306 164.042 130.400 171.213
202309 164.811 129.800 172.810
202312 172.373 131.900 177.862
202403 176.444 132.600 181.101
202406 159.520 133.800 162.262
202409 182.146 133.700 185.416
202412 186.307 134.800 188.104
202503 177.582 136.100 177.582

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


Rogaland Sparebank  (OSL:ROGS) 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.

Rogaland Sparebank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=142.00/178.23
=0.80

* 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 Rogaland Sparebank was 0.81. The lowest was 0.45. And the median was 0.54.


Be Aware

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


Rogaland Sparebank Cyclically Adjusted Book per Share Related Terms

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


Rogaland Sparebank Business Description

Industry
Traded in Other Exchanges
Address
Postboks 1133, Sandnes, NOR, 4391
Rogaland Sparebank is an independent savings bank. The company offers a broad range of banking and investment products to retail and corporate customers. The services provided by the company include daily banking, Insurance, loans, Savings, pensions, and others.

Rogaland Sparebank Headlines