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TietoEVRY (OSL:TIETO) Cyclically Adjusted Book per Share : kr125.65 (As of Mar. 2025)


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What is TietoEVRY 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.

TietoEVRY's adjusted book value per share for the three months ended in Mar. 2025 was kr107.546. 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 kr125.65 for the trailing ten years ended in Mar. 2025.

During the past 12 months, TietoEVRY's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 TietoEVRY was 11.70% per year. The lowest was 1.90% per year. And the median was 9.30% per year.

As of today (2025-05-30), TietoEVRY's current stock price is kr184.60. TietoEVRY's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr125.65. TietoEVRY's Cyclically Adjusted PB Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TietoEVRY was 4.32. The lowest was 1.38. And the median was 3.34.


TietoEVRY Cyclically Adjusted Book per Share Historical Data

The historical data trend for TietoEVRY'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.

TietoEVRY Cyclically Adjusted Book per Share Chart

TietoEVRY 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 79.90 83.96 102.78 117.42 128.93

TietoEVRY 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 122.74 123.11 127.51 128.93 125.65

Competitive Comparison of TietoEVRY's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, TietoEVRY'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.


TietoEVRY's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, TietoEVRY's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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TietoEVRY 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, TietoEVRY'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)
=107.546/123.0100*123.0100
=107.546

Current CPI (Mar. 2025) = 123.0100.

TietoEVRY Quarterly Data

Book Value per Share CPI Adj_Book
201506 49.860 100.030 61.314
201509 54.804 100.130 67.327
201512 62.194 99.990 76.512
201603 51.498 100.080 63.297
201606 52.897 100.390 64.816
201609 55.691 100.540 68.138
201612 59.814 101.020 72.834
201703 49.497 100.910 60.337
201706 53.273 101.140 64.792
201709 56.657 101.320 68.786
201712 63.529 101.510 76.985
201803 50.704 101.730 61.310
201806 52.555 102.320 63.182
201809 58.040 102.600 69.586
201812 64.139 102.710 76.816
201903 52.932 102.870 63.295
201906 54.792 103.360 65.209
201909 56.579 103.540 67.218
201912 143.048 103.650 169.767
202003 141.999 103.490 168.782
202006 140.215 103.320 166.936
202009 132.889 103.710 157.619
202012 145.468 103.890 172.240
202103 134.163 104.870 157.370
202106 142.706 105.360 166.612
202109 146.895 106.290 170.002
202112 156.064 107.490 178.597
202203 141.730 110.950 157.136
202206 142.364 113.570 154.197
202209 142.277 114.920 152.293
202212 151.955 117.320 159.325
202303 138.510 119.750 142.281
202306 140.020 120.690 142.712
202309 148.497 121.280 150.615
202312 156.670 121.540 158.565
202403 136.461 122.360 137.186
202406 142.105 122.230 143.012
202409 145.887 122.260 146.782
202412 128.602 122.390 129.253
202503 107.546 123.010 107.546

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


TietoEVRY  (OSL:TIETO) 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.

TietoEVRY's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=184.60/125.65
=1.47

* 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 TietoEVRY was 4.32. The lowest was 1.38. And the median was 3.34.


Be Aware

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


TietoEVRY Cyclically Adjusted Book per Share Related Terms

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


TietoEVRY Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » TietoEVRY Corp (OSL:TIETO) » Definitions » Cyclically Adjusted Book per Share
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Address
Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, FI-02101
TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public sector customers in more than 90 countries. Tietoevry Group is comprised of five operating segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The maximum revenue is derived from the Tietoevry Tech Services segment. Tietoevry Tech Services is a Nordic multi-cloud platform provider with a full range of infrastructure choices at scale aiming to ensure resilience, security, and compliance for customers' business. Its business comprises application and data services, cloud platforms and security services, traditional Infrastructure services, and user experience services.

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