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Scatec ASA (OSL:SCATC) Cyclically Adjusted Book per Share : kr31.44 (As of Mar. 2024)


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What is Scatec 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.

Scatec ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr57.703. 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 kr31.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Scatec ASA's average Cyclically Adjusted Book Growth Rate was 16.90% 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 (2024-06-09), Scatec ASA's current stock price is kr85.05. Scatec ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr31.44. Scatec ASA's Cyclically Adjusted PB Ratio of today is 2.71.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Scatec ASA was 2.95. The lowest was 1.84. And the median was 2.48.


Scatec ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Scatec 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.

Scatec ASA Cyclically Adjusted Book per Share Chart

Scatec 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 - - - 29.72 30.60

Scatec 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 26.89 28.23 28.79 30.60 31.44

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

For the Utilities - Renewable subindustry, Scatec 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.


Scatec ASA's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Scatec ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Scatec 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, Scatec 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)
=57.703/132.6000*132.6000
=57.703

Current CPI (Mar. 2024) = 132.6000.

Scatec ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.613 97.500 2.194
201409 1.041 98.500 1.401
201412 6.713 98.600 9.028
201503 6.738 99.200 9.007
201506 7.016 100.100 9.294
201509 7.782 100.600 10.257
201512 8.603 100.900 11.306
201603 7.629 102.500 9.869
201606 6.961 103.800 8.892
201609 6.546 104.200 8.330
201612 7.299 104.400 9.271
201703 10.017 105.000 12.650
201706 9.694 105.800 12.150
201709 13.306 105.900 16.661
201712 12.704 106.100 15.877
201803 11.869 107.300 14.668
201806 16.355 108.500 19.988
201809 16.448 109.500 19.918
201812 16.621 109.800 20.072
201903 16.166 110.400 19.417
201906 14.288 110.600 17.130
201909 24.948 111.100 29.776
201912 23.775 111.300 28.325
202003 26.905 111.200 32.083
202006 36.686 112.100 43.395
202009 32.043 112.900 37.634
202012 55.546 112.900 65.238
202103 56.186 114.600 65.011
202106 56.706 115.300 65.214
202109 56.596 117.500 63.869
202112 58.352 118.900 65.075
202203 47.225 119.800 52.271
202206 49.165 122.600 53.175
202209 57.898 125.600 61.125
202212 51.996 125.900 54.763
202303 55.198 127.600 57.361
202306 56.143 130.400 57.090
202309 54.997 129.800 56.183
202312 54.664 131.900 54.954
202403 57.703 132.600 57.703

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


Scatec ASA  (OSL:SCATC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.05/31.44
=2.71

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Scatec ASA was 2.95. The lowest was 1.84. And the median was 2.48.


Be Aware

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


Scatec ASA Cyclically Adjusted Book per Share Related Terms

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


Scatec ASA (OSL:SCATC) Business Description

Traded in Other Exchanges
Address
Askekroken 11, Oslo, NOR, NO-0277
Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.

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