GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Byggmax Group AB (OSTO:BMAX) » Definitions » Cyclically Adjusted Book per Share

Byggmax Group AB (OSTO:BMAX) Cyclically Adjusted Book per Share : kr32.14 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Byggmax Group 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.

Byggmax Group AB's adjusted book value per share for the three months ended in Mar. 2024 was kr37.919. 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 kr32.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Byggmax Group AB's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.60% 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 Byggmax Group AB was 16.60% per year. The lowest was 14.80% per year. And the median was 15.70% per year.

As of today (2024-06-10), Byggmax Group AB's current stock price is kr39.48. Byggmax Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr32.14. Byggmax Group AB's Cyclically Adjusted PB Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Byggmax Group AB was 4.18. The lowest was 0.88. And the median was 1.89.


Byggmax Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Byggmax Group 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.

Byggmax Group AB Cyclically Adjusted Book per Share Chart

Byggmax Group 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 18.72 19.96 23.07 28.29 31.65

Byggmax Group 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 28.92 30.02 30.77 31.65 32.14

Competitive Comparison of Byggmax Group AB's Cyclically Adjusted Book per Share

For the Home Improvement Retail subindustry, Byggmax Group 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.


Byggmax Group AB's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Byggmax Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Byggmax Group 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, Byggmax Group 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)
=37.919/132.2054*132.2054
=37.919

Current CPI (Mar. 2024) = 132.2054.

Byggmax Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.640 100.432 19.272
201409 16.813 100.161 22.192
201412 17.246 100.225 22.749
201503 16.981 99.950 22.461
201506 15.994 99.995 21.146
201509 18.414 100.228 24.289
201512 18.801 100.276 24.788
201603 17.900 100.751 23.488
201606 17.698 101.019 23.162
201609 20.681 101.138 27.034
201612 21.438 102.022 27.781
201703 20.553 102.022 26.634
201706 20.410 102.752 26.260
201709 23.276 103.279 29.795
201712 22.276 103.793 28.374
201803 21.061 103.962 26.783
201806 20.333 104.875 25.632
201809 22.479 105.679 28.121
201812 22.071 105.912 27.550
201903 21.115 105.886 26.363
201906 22.650 106.742 28.053
201909 25.030 107.214 30.865
201912 24.591 107.766 30.168
202003 23.410 106.563 29.043
202006 27.755 107.498 34.134
202009 31.787 107.635 39.043
202012 32.263 108.296 39.386
202103 32.328 108.360 39.442
202106 35.197 108.928 42.719
202109 41.876 110.338 50.175
202112 38.397 112.486 45.128
202203 38.482 114.825 44.307
202206 37.322 118.384 41.680
202209 41.126 122.296 44.458
202212 40.256 126.365 42.117
202303 37.663 127.042 39.194
202306 39.932 129.407 40.796
202309 42.252 130.224 42.895
202312 40.273 131.912 40.363
202403 37.919 132.205 37.919

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


Byggmax Group AB  (OSTO:BMAX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.48/32.14
=1.23

* 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 Byggmax Group AB was 4.18. The lowest was 0.88. And the median was 1.89.


Be Aware

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


Byggmax Group AB Cyclically Adjusted Book per Share Related Terms

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


Byggmax Group AB (OSTO:BMAX) Business Description

Traded in Other Exchanges
Address
Armegatan 38, Solna, SWE, 171 71
Byggmax Group AB is engaged in the discount retail of building supply materials. The business concept is to retail high-quality building supplies at the lowest possible price. The business activities are primarily conducted in Sweden, Norway, Denmark, and Finland. In addition to the Byggmax stores, there is a serviced office that manages purchasing, accounting, and finance as well as IT functions across the stores. The company offers timber, insulation products, doors, windows, sheets, boards, and paints.

Byggmax Group AB (OSTO:BMAX) Headlines

No Headlines