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Bjorn Borg AB (OSTO:BORG) Cyclically Adjusted Book per Share : kr14.23 (As of Dec. 2023)


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What is Bjorn Borg 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.

Bjorn Borg AB's adjusted book value per share for the three months ended in Dec. 2023 was kr14.201. 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 kr14.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bjorn Borg AB's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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 Bjorn Borg AB was 3.90% per year. The lowest was -2.00% per year. And the median was -0.10% per year.

As of today (2024-05-17), Bjorn Borg AB's current stock price is kr52.60. Bjorn Borg AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr14.23. Bjorn Borg AB's Cyclically Adjusted PB Ratio of today is 3.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bjorn Borg AB was 3.99. The lowest was 0.81. And the median was 2.03.


Bjorn Borg AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bjorn Borg 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.

Bjorn Borg AB Cyclically Adjusted Book per Share Chart

Bjorn Borg 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 13.35 12.67 12.75 13.95 14.23

Bjorn Borg AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.95 13.92 14.13 14.17 14.23

Competitive Comparison of Bjorn Borg AB's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Bjorn Borg 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.


Bjorn Borg AB's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bjorn Borg AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bjorn Borg 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, Bjorn Borg AB's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.201/131.9118*131.9118
=14.201

Current CPI (Dec. 2023) = 131.9118.

Bjorn Borg AB Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.311 99.788 16.274
201406 10.809 100.432 14.197
201409 12.058 100.161 15.880
201412 11.546 100.225 15.196
201503 11.979 99.950 15.810
201506 10.480 99.995 13.825
201509 11.390 100.228 14.991
201512 11.826 100.276 15.557
201603 12.199 100.751 15.972
201606 10.080 101.019 13.163
201609 11.108 101.138 14.488
201612 11.507 102.022 14.878
201703 11.745 102.022 15.186
201706 9.714 102.752 12.471
201709 10.606 103.279 13.546
201712 11.011 103.793 13.994
201803 11.564 103.962 14.673
201806 9.610 104.875 12.088
201809 10.703 105.679 13.360
201812 11.435 105.912 14.242
201903 12.092 105.886 15.064
201906 9.913 106.742 12.251
201909 10.947 107.214 13.469
201912 10.767 107.766 13.179
202003 11.203 106.563 13.868
202006 10.568 107.498 12.968
202009 11.598 107.635 14.214
202012 11.782 108.296 14.351
202103 12.472 108.360 15.183
202106 11.503 108.928 13.930
202109 13.146 110.338 15.716
202112 13.523 112.486 15.858
202203 14.456 114.825 16.607
202206 12.046 118.384 13.423
202209 12.913 122.296 13.928
202212 13.178 126.365 13.756
202303 13.969 127.042 14.504
202306 12.662 129.407 12.907
202309 13.795 130.224 13.974
202312 14.201 131.912 14.201

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


Bjorn Borg AB  (OSTO:BORG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.60/14.23
=3.70

* 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 Bjorn Borg AB was 3.99. The lowest was 0.81. And the median was 2.03.


Be Aware

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


Bjorn Borg AB Cyclically Adjusted Book per Share Related Terms

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


Bjorn Borg AB (OSTO:BORG) Business Description

Traded in Other Exchanges
Address
Frösundaviks allé 1, Solna, Stockholm, SWE, SE-169 70
Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.

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