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Beijer Alma AB (OSTO:BEIA B) Cyclically Adjusted Book per Share : kr47.47 (As of Mar. 2024)


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What is Beijer Alma 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.

Beijer Alma AB's adjusted book value per share for the three months ended in Mar. 2024 was kr67.339. 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 kr47.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beijer Alma AB's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Beijer Alma AB was 13.60% per year. The lowest was 7.10% per year. And the median was 9.60% per year.

As of today (2024-05-25), Beijer Alma AB's current stock price is kr218.00. Beijer Alma AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr47.47. Beijer Alma AB's Cyclically Adjusted PB Ratio of today is 4.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beijer Alma AB was 7.93. The lowest was 2.64. And the median was 4.79.


Beijer Alma AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beijer Alma 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.

Beijer Alma AB Cyclically Adjusted Book per Share Chart

Beijer Alma 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 29.69 31.51 34.71 41.62 46.47

Beijer Alma 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 42.61 44.15 45.18 46.47 47.47

Competitive Comparison of Beijer Alma AB's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Beijer Alma 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.


Beijer Alma AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Beijer Alma 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, Beijer Alma 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)
=67.339/132.2054*132.2054
=67.339

Current CPI (Mar. 2024) = 132.2054.

Beijer Alma AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.769 100.432 33.921
201409 27.233 100.161 35.946
201412 28.953 100.225 38.192
201503 26.406 99.950 34.928
201506 27.800 99.995 36.755
201509 29.360 100.228 38.727
201512 30.455 100.276 40.152
201603 31.627 100.751 41.501
201606 28.610 101.019 37.442
201609 30.127 101.138 39.382
201612 31.554 102.022 40.890
201703 28.542 102.022 36.986
201706 30.220 102.752 38.882
201709 31.235 103.279 39.983
201712 33.135 103.793 42.206
201803 30.706 103.962 39.048
201806 33.397 104.875 42.100
201809 34.923 105.679 43.689
201812 37.036 105.912 46.231
201903 34.713 105.886 43.341
201906 36.749 106.742 45.516
201909 38.729 107.214 47.757
201912 40.044 107.766 49.125
202003 39.713 106.563 49.269
202006 39.811 107.498 48.961
202009 40.566 107.635 49.826
202012 41.782 108.296 51.007
202103 42.123 108.360 51.393
202106 43.888 108.928 53.267
202109 44.515 110.338 53.337
202112 47.423 112.486 55.737
202203 47.117 114.825 54.249
202206 51.905 118.384 57.965
202209 55.366 122.296 59.852
202212 59.805 126.365 62.569
202303 58.859 127.042 61.251
202306 61.382 129.407 62.710
202309 62.875 130.224 63.832
202312 63.307 131.912 63.448
202403 67.339 132.205 67.339

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


Beijer Alma AB  (OSTO:BEIA 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=218.00/47.47
=4.59

* 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 Beijer Alma AB was 7.93. The lowest was 2.64. And the median was 4.79.


Be Aware

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


Beijer Alma AB Cyclically Adjusted Book per Share Related Terms

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


Beijer Alma AB (OSTO:BEIA B) Business Description

Industry
Traded in Other Exchanges
Address
Dragarbrunnsgatan 45, Box 1747, Uppsala, SWE, 751 47
Beijer Alma AB is a Sweden-based industrial group that operates through two subsidiaries: Lesjofors and Beijer Tech. Lesjofors is a manufacturer of springs, wire, and flat-strip components in Europe, North America, and Asia. Beijer Tech focuses on industrial trading and manufacturing in the Nordic region. Beijer Alma's clients come from infrastructure, medical, energy, telecom, chassis springs, and other industrial sectors. The company generates the majority of its sales from the European market.

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