GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AddLife AB (OSTO:ALIF B) » Definitions » Cyclically Adjusted Book per Share

AddLife AB (OSTO:ALIF B) Cyclically Adjusted Book per Share : kr21.77 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is AddLife 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.

AddLife AB's adjusted book value per share for the three months ended in Mar. 2024 was kr42.375. 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 kr21.77 for the trailing ten years ended in Mar. 2024.

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 (2024-06-05), AddLife AB's current stock price is kr113.00. AddLife AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr21.77. AddLife AB's Cyclically Adjusted PB Ratio of today is 5.19.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of AddLife AB was 5.29. The lowest was 4.51. And the median was 4.92.


AddLife AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for AddLife 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.

AddLife AB Cyclically Adjusted Book per Share Chart

AddLife AB Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

AddLife 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 - - - - 21.77

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

For the Medical Instruments & Supplies subindustry, AddLife 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.


AddLife AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AddLife AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AddLife 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, AddLife 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)
=42.375/132.2054*132.2054
=42.375

Current CPI (Mar. 2024) = 132.2054.

AddLife AB Quarterly Data

Book Value per Share CPI Adj_Book
201303 3.205 100.416 4.220
201403 2.969 99.788 3.934
201412 0.000 100.225 0.000
201503 2.884 99.950 3.815
201506 0.000 99.995 0.000
201509 0.000 100.228 0.000
201512 3.533 100.276 4.658
201603 3.822 100.751 5.015
201606 6.574 101.019 8.603
201609 6.479 101.138 8.469
201612 0.000 102.022 0.000
201703 7.206 102.022 9.338
201706 7.088 102.752 9.120
201709 7.023 103.279 8.990
201712 7.378 103.793 9.398
201803 7.941 103.962 10.098
201806 7.901 104.875 9.960
201809 7.787 105.679 9.742
201812 9.010 105.912 11.247
201903 13.209 105.886 16.492
201906 13.058 106.742 16.173
201909 12.964 107.214 15.986
201912 13.070 107.766 16.034
202003 13.422 106.563 16.652
202006 14.350 107.498 17.648
202009 15.556 107.635 19.107
202012 16.732 108.296 20.426
202103 19.139 108.360 23.351
202106 32.097 108.928 38.956
202109 33.448 110.338 40.077
202112 35.136 112.486 41.296
202203 37.345 114.825 42.998
202206 37.301 118.384 41.656
202209 39.397 122.296 42.589
202212 40.776 126.365 42.661
202303 42.419 127.042 44.143
202306 43.420 129.407 44.359
202309 42.574 130.224 43.222
202312 40.687 131.912 40.778
202403 42.375 132.205 42.375

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


AddLife AB  (OSTO:ALIF 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=113.00/21.77
=5.19

* 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 11 years, the highest Cyclically Adjusted PB Ratio of AddLife AB was 5.29. The lowest was 4.51. And the median was 4.92.


Be Aware

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


AddLife AB Cyclically Adjusted Book per Share Related Terms

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


AddLife AB (OSTO:ALIF B) Business Description

Traded in Other Exchanges
Address
Brunkebergstorg 5, Box 3145, Stockholm, SWE, 103 62
AddLife AB is engaged in the business of providing products, services, and advisory services. The company operates in Labtech and Medtech segments. The Labtech segment, which accounts for the majority of the company revenue, provides analytical instruments, equipment, microscopes, consumables, and reagents, as well as software support and technical service. The Medtech segment includes products related to surgery, thoracic medicine, neurology, wound care, anesthesia, intensive care, ear, nose and throat, ostomies, and home healthcare. AddLife mainly caters to hospitals & laboratories within healthcare, research, colleges, and universities, as well as the food and pharmaceutical industries. Its geographical segments are Sweden, Denmark, Finland, Norway, and Other countries.

AddLife AB (OSTO:ALIF B) Headlines

No Headlines