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ALM Equity AB (OSTO:ALM PREF) Cyclically Adjusted Book per Share : kr113.75 (As of Mar. 2025)


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What is ALM Equity 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.

ALM Equity AB's adjusted book value per share for the three months ended in Mar. 2025 was kr77.131. 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 kr113.75 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ALM Equity AB's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.20% 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 ALM Equity AB was 26.70% per year. The lowest was 16.50% per year. And the median was 22.00% per year.

As of today (2025-07-01), ALM Equity AB's current stock price is kr85.50. ALM Equity AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr113.75. ALM Equity AB's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ALM Equity AB was 12.61. The lowest was 0.58. And the median was 4.10.


ALM Equity AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for ALM Equity 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.

ALM Equity AB Cyclically Adjusted Book per Share Chart

ALM Equity AB 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 12.13 10.49 19.35 39.70 74.98

ALM Equity AB 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 40.83 53.07 63.30 74.98 113.75

Competitive Comparison of ALM Equity AB's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, ALM Equity 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.


ALM Equity AB's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ALM Equity AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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ALM Equity 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, ALM Equity AB'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)
=77.131/132.8245*132.8245
=77.131

Current CPI (Mar. 2025) = 132.8245.

ALM Equity AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 62.571 99.995 83.114
201509 64.092 100.228 84.936
201512 45.343 100.276 60.061
201603 68.865 100.751 90.788
201606 71.649 101.019 94.207
201609 74.619 101.138 97.998
201612 55.445 102.022 72.185
201703 104.002 102.022 135.403
201706 115.395 102.752 149.167
201709 117.670 103.279 151.333
201712 79.171 103.793 101.316
201803 0.000 103.962 0.000
201806 111.456 104.875 141.160
201809 87.022 105.679 109.375
201812 73.675 105.912 92.396
201903 105.526 105.886 132.373
201906 96.233 106.742 119.748
201909 96.596 107.214 119.670
201912 109.798 107.766 135.329
202003 122.115 106.563 152.209
202006 174.632 107.498 215.776
202009 112.229 107.635 138.493
202012 111.946 108.296 137.302
202103 116.851 108.360 143.233
202106 119.619 108.928 145.861
202109 123.079 110.338 148.162
202112 238.956 112.486 282.162
202203 241.852 114.825 279.763
202206 287.420 118.384 322.481
202209 255.248 122.296 277.222
202212 198.443 126.365 208.587
202303 194.889 127.042 203.760
202306 119.625 129.407 122.785
202309 115.304 130.224 117.607
202312 97.738 131.912 98.414
202403 83.567 132.205 83.958
202406 88.411 132.716 88.483
202409 83.714 132.304 84.043
202412 83.113 132.987 83.011
202503 77.131 132.825 77.131

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


ALM Equity AB  (OSTO:ALM PREF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=85.50/113.75
=0.75

* 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 ALM Equity AB was 12.61. The lowest was 0.58. And the median was 4.10.


Be Aware

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


ALM Equity AB Cyclically Adjusted Book per Share Related Terms

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


ALM Equity AB Business Description

Industry
Traded in Other Exchanges
Address
Regeringsgatan 59, Stockholm, SWE, 111 56
ALM Equity AB is a real estate development company. The company is engaged in residential development projects, construction management, financing solutions and digital services.

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