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Fastighets AB Balder (OSTO:BALD B) Cyclically Adjusted Book per Share : kr50.80 (As of Mar. 2024)


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What is Fastighets AB Balder 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.

Fastighets AB Balder's adjusted book value per share for the three months ended in Mar. 2024 was kr71.098. 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 kr50.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fastighets AB Balder's average Cyclically Adjusted Book Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 27.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 26.70% 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 Fastighets AB Balder was 28.50% per year. The lowest was 23.20% per year. And the median was 26.15% per year.

As of today (2024-05-21), Fastighets AB Balder's current stock price is kr73.16. Fastighets AB Balder's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr50.80. Fastighets AB Balder's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fastighets AB Balder was 4.55. The lowest was 0.87. And the median was 2.98.


Fastighets AB Balder Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Cyclically Adjusted Book per Share Chart

Fastighets AB Balder 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 19.41 23.89 30.31 41.15 49.31

Fastighets AB Balder 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 43.02 45.44 47.30 49.31 50.80

Competitive Comparison of Fastighets AB Balder's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.


Fastighets AB Balder's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Fastighets AB Balder 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, Fastighets AB Balder'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)
=71.098/132.2054*132.2054
=71.098

Current CPI (Mar. 2024) = 132.2054.

Fastighets AB Balder Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.814 100.432 16.868
201409 13.118 100.161 17.315
201412 14.636 100.225 19.306
201503 15.073 99.950 19.937
201506 16.018 99.995 21.178
201509 16.922 100.228 22.321
201512 19.987 100.276 26.351
201603 20.568 100.751 26.989
201606 22.179 101.019 29.026
201609 23.083 101.138 30.174
201612 25.869 102.022 33.523
201703 27.736 102.022 35.942
201706 29.117 102.752 37.463
201709 27.128 103.279 34.726
201712 28.978 103.793 36.911
201803 30.544 103.962 38.842
201806 32.193 104.875 40.583
201809 35.442 105.679 44.338
201812 37.172 105.912 46.400
201903 38.497 105.886 48.066
201906 40.015 106.742 49.561
201909 41.142 107.214 50.732
201912 45.381 107.766 55.673
202003 46.970 106.563 58.273
202006 47.312 107.498 58.186
202009 48.128 107.635 59.114
202012 52.020 108.296 63.505
202103 55.114 108.360 67.243
202106 56.749 108.928 68.876
202109 62.425 110.338 74.797
202112 69.353 112.486 81.511
202203 74.878 114.825 86.212
202206 77.495 118.384 86.543
202209 78.337 122.296 84.684
202212 78.158 126.365 81.770
202303 77.409 127.042 80.555
202306 77.227 129.407 78.897
202309 75.939 130.224 77.095
202312 71.328 131.912 71.487
202403 71.098 132.205 71.098

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


Fastighets AB Balder  (OSTO:BALD 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=73.16/50.8
=1.44

* 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 Fastighets AB Balder was 4.55. The lowest was 0.87. And the median was 2.98.


Be Aware

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


Fastighets AB Balder Cyclically Adjusted Book per Share Related Terms

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


Fastighets AB Balder (OSTO:BALD B) Business Description

Industry
Traded in Other Exchanges
Address
Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15
Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (OSTO:BALD B) Headlines

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