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AGES Industri AB (OSTO:AGES B) Cyclically Adjusted Book per Share : kr71.23 (As of Mar. 2024)


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What is AGES Industri 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.

AGES Industri AB's adjusted book value per share for the three months ended in Mar. 2024 was kr67.422. 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 kr71.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AGES Industri AB's average Cyclically Adjusted Book Growth Rate was 3.80% 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 (2024-06-20), AGES Industri AB's current stock price is kr91.20. AGES Industri AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr71.23. AGES Industri AB's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of AGES Industri AB was 1.53. The lowest was 0.53. And the median was 0.95.


AGES Industri AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for AGES Industri 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.

AGES Industri AB Cyclically Adjusted Book per Share Chart

AGES Industri 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 - - - 68.51 70.98

AGES Industri 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 68.62 69.67 69.95 70.98 71.23

Competitive Comparison of AGES Industri AB's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, AGES Industri 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.


AGES Industri AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AGES Industri AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AGES Industri 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, AGES Industri 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)
=67.422/132.2054*132.2054
=67.422

Current CPI (Mar. 2024) = 132.2054.

AGES Industri AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 50.229 100.432 66.120
201409 52.352 100.161 69.101
201412 55.043 100.225 72.607
201503 57.661 99.950 76.269
201506 57.219 99.995 75.650
201509 58.625 100.228 77.329
201512 59.284 100.276 78.161
201603 60.392 100.751 79.246
201606 58.183 101.019 76.145
201609 59.508 101.138 77.788
201612 61.331 102.022 79.476
201703 63.632 102.022 82.458
201706 63.452 102.752 81.640
201709 62.456 103.279 79.949
201712 63.442 103.793 80.809
201803 66.297 103.962 84.308
201806 66.155 104.875 83.395
201809 66.013 105.679 82.583
201812 67.276 105.912 83.978
201903 69.285 105.886 86.507
201906 68.431 106.742 84.756
201909 69.284 107.214 85.434
201912 47.665 107.766 58.475
202003 49.083 106.563 60.894
202006 47.944 107.498 58.964
202009 48.229 107.635 59.238
202012 47.607 108.296 58.118
202103 49.509 108.360 60.404
202106 50.790 108.928 61.644
202109 51.928 110.338 62.219
202112 51.956 112.486 61.064
202203 53.066 114.825 61.098
202206 56.053 118.384 62.597
202209 55.342 122.296 59.826
202212 57.076 126.365 59.714
202303 59.326 127.042 61.737
202306 60.891 129.407 62.208
202309 63.736 130.224 64.706
202312 65.083 131.912 65.228
202403 67.422 132.205 67.422

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


AGES Industri AB  (OSTO:AGES B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=91.20/71.23
=1.28

* 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 AGES Industri AB was 1.53. The lowest was 0.53. And the median was 0.95.


Be Aware

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


AGES Industri AB Cyclically Adjusted Book per Share Related Terms

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


AGES Industri AB (OSTO:AGES B) Business Description

Traded in Other Exchanges
N/A
Address
Kristian IV's, Vag 3, Plan 13, Halmstad, SWE, 302 50
AGES Industri AB is involved in die casting in aluminum, metal cutting processes, and product assembly in Sweden. The services offered by the company include Casting, Machining, Assembly and Welding.

AGES Industri AB (OSTO:AGES B) Headlines

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