GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » BrainCool AB (OSTO:BRAIN) » Definitions » Cyclically Adjusted Book per Share

BrainCool AB (OSTO:BRAIN) Cyclically Adjusted Book per Share : kr0.93 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is BrainCool 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.

BrainCool AB's adjusted book value per share for the three months ended in Mar. 2024 was kr0.479. 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 kr0.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BrainCool AB's 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.

As of today (2024-06-24), BrainCool AB's current stock price is kr2.365. BrainCool AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr0.93. BrainCool AB's Cyclically Adjusted PB Ratio of today is 2.54.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of BrainCool AB was 5.03. The lowest was 1.44. And the median was 3.80.


BrainCool AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for BrainCool 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.

BrainCool AB Cyclically Adjusted Book per Share Chart

BrainCool 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 - - - - 0.94

BrainCool 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 0.92 0.92 0.92 0.94 0.93

Competitive Comparison of BrainCool AB's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, BrainCool 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.


BrainCool AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, BrainCool AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BrainCool 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, BrainCool 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)
=0.479/132.2054*132.2054
=0.479

Current CPI (Mar. 2024) = 132.2054.

BrainCool AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.698 100.432 0.919
201409 0.641 100.161 0.846
201412 0.364 100.225 0.480
201503 0.650 99.950 0.860
201506 0.586 99.995 0.775
201509 0.889 100.228 1.173
201512 0.753 100.276 0.993
201603 0.658 100.751 0.863
201606 1.195 101.019 1.564
201609 1.440 101.138 1.882
201612 1.261 102.022 1.634
201703 1.062 102.022 1.376
201706 1.495 102.752 1.924
201709 1.411 103.279 1.806
201712 1.301 103.793 1.657
201803 1.268 103.962 1.612
201806 1.124 104.875 1.417
201809 1.062 105.679 1.329
201812 0.814 105.912 1.016
201903 0.735 105.886 0.918
201906 0.555 106.742 0.687
201909 0.410 107.214 0.506
201912 0.569 107.766 0.698
202003 0.624 106.563 0.774
202006 0.470 107.498 0.578
202009 0.757 107.635 0.930
202012 0.661 108.296 0.807
202103 0.589 108.360 0.719
202106 0.693 108.928 0.841
202109 0.617 110.338 0.739
202112 0.463 112.486 0.544
202203 0.385 114.825 0.443
202206 0.261 118.384 0.291
202209 0.145 122.296 0.157
202212 0.606 126.365 0.634
202303 0.534 127.042 0.556
202306 0.468 129.407 0.478
202309 0.645 130.224 0.655
202312 0.532 131.912 0.533
202403 0.479 132.205 0.479

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


BrainCool AB  (OSTO:BRAIN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.365/0.93
=2.54

* 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 11 years, the highest Cyclically Adjusted PB Ratio of BrainCool AB was 5.03. The lowest was 1.44. And the median was 3.80.


Be Aware

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


BrainCool AB Cyclically Adjusted Book per Share Related Terms

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


BrainCool AB (OSTO:BRAIN) Business Description

Traded in Other Exchanges
Address
Scheelevagen 2, Lund, SWE, 22381
BrainCool AB is a medical device company engaged in developing, marketing, and selling medical cooling systems for diseases like stroke, oral mucositis, migraine, and sudden cardiac arrest.

BrainCool AB (OSTO:BRAIN) Headlines

No Headlines