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Afry AB (OSTO:AFRY) Cyclically Adjusted Book per Share : kr89.89 (As of Mar. 2024)


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What is Afry AB 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.

Afry AB's adjusted book value per share for the three months ended in Mar. 2024 was kr115.009. 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 kr89.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Afry AB's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.50% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Afry AB was 16.20% per year. The lowest was 11.80% per year. And the median was 13.50% per year.

As of today (2024-06-08), Afry AB's current stock price is kr185.10. Afry AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr89.89. Afry AB's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Afry AB was 5.06. The lowest was 1.24. And the median was 4.08.


Afry AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Afry AB'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.

Afry AB Cyclically Adjusted Book per Share Chart

Afry AB 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 50.65 56.20 64.36 78.94 88.28

Afry AB 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 80.83 83.80 85.80 88.28 89.89

Competitive Comparison of Afry AB's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Afry AB'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.


Afry AB's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Afry AB 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, Afry AB'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)
=115.009/132.2054*132.2054
=115.009

Current CPI (Mar. 2024) = 132.2054.

Afry AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.683 100.432 56.186
201409 44.208 100.161 58.351
201412 45.550 100.225 60.085
201503 47.939 99.950 63.409
201506 47.023 99.995 62.170
201509 47.202 100.228 62.262
201512 48.476 100.276 63.912
201603 50.653 100.751 66.467
201606 50.045 101.019 65.495
201609 52.145 101.138 68.163
201612 53.578 102.022 69.429
201703 55.900 102.022 72.438
201706 54.018 102.752 69.502
201709 54.124 103.279 69.283
201712 57.243 103.793 72.913
201803 61.015 103.962 77.591
201806 60.553 104.875 76.333
201809 60.875 105.679 76.155
201812 62.691 105.912 78.255
201903 78.485 105.886 97.993
201906 81.682 106.742 101.168
201909 84.234 107.214 103.869
201912 84.031 107.766 103.088
202003 88.161 106.563 109.376
202006 86.918 107.498 106.895
202009 88.448 107.635 108.638
202012 88.521 108.296 108.065
202103 93.906 108.360 114.571
202106 90.985 108.928 110.428
202109 92.430 110.338 110.748
202112 97.092 112.486 114.113
202203 100.828 114.825 116.090
202206 99.928 118.384 111.595
202209 103.318 122.296 111.689
202212 107.512 126.365 112.481
202303 111.256 127.042 115.778
202306 110.815 129.407 113.212
202309 110.682 130.224 112.366
202312 109.967 131.912 110.212
202403 115.009 132.205 115.009

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


Afry AB  (OSTO:AFRY) 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.

Afry AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=185.10/89.89
=2.06

* 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 Afry AB was 5.06. The lowest was 1.24. And the median was 4.08.


Be Aware

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


Afry AB Cyclically Adjusted Book per Share Related Terms

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


Afry AB (OSTO:AFRY) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Afry AB (OSTO:AFRY) » Definitions » Cyclically Adjusted Book per Share
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Address
Frosundaleden 2, Solna, Stockholm, SWE, SE-169 99
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. It develops solutions for public and private clients and has the capabilities to serve all regions of the world. The business divisions are Industrial & Digital Solutions, infrastructure, Process Industries, Energy, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals. Infrastructure projects provide sustainable and technological solutions for railways, roads, and other transportation networks. Sales are concentrated in Europe, and the company strengthens customer relationships by providing customized services.

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