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Bergs Timber AB (OSTO:BRG B) Cyclically Adjusted Book per Share : kr19.48 (As of Sep. 2023)


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What is Bergs Timber 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.

Bergs Timber AB's adjusted book value per share for the three months ended in Sep. 2023 was kr49.664. 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 kr19.48 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Bergs Timber AB's average Cyclically Adjusted Book Growth Rate was -43.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -16.90% 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 Bergs Timber AB was -16.90% per year. The lowest was -16.90% per year. And the median was -16.90% per year.

As of today (2024-05-25), Bergs Timber AB's current stock price is kr44.50. Bergs Timber AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was kr19.48. Bergs Timber AB's Cyclically Adjusted PB Ratio of today is 2.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bergs Timber AB was 1.17. The lowest was 0.63. And the median was 0.83.


Bergs Timber AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bergs Timber 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.

Bergs Timber AB Cyclically Adjusted Book per Share Chart

Bergs Timber AB Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 68.62 73.37 62.90 29.52

Bergs Timber AB Quarterly Data
Aug18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 40.25 29.52 25.36 21.58 19.48

Competitive Comparison of Bergs Timber AB's Cyclically Adjusted Book per Share

For the Lumber & Wood Production subindustry, Bergs Timber 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.


Bergs Timber AB's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Bergs Timber AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bergs Timber 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, Bergs Timber AB's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=49.664/130.2235*130.2235
=49.664

Current CPI (Sep. 2023) = 130.2235.

Bergs Timber AB Quarterly Data

Book Value per Share CPI Adj_Book
201308 27.259 100.158 35.442
201311 0.000 100.273 0.000
201402 0.000 99.794 0.000
201405 0.000 100.225 0.000
201408 26.172 100.001 34.082
201411 0.000 100.068 0.000
201502 0.000 99.867 0.000
201505 0.000 100.285 0.000
201508 23.447 99.829 30.586
201511 0.000 100.129 0.000
201602 0.000 100.253 0.000
201605 0.000 100.914 0.000
201608 21.723 100.968 28.017
201611 0.000 101.517 0.000
201702 0.000 102.037 0.000
201705 0.000 102.679 0.000
201708 23.304 103.138 29.424
201711 0.000 103.413 0.000
201802 23.901 103.678 30.021
201805 27.307 104.632 33.986
201808 0.000 105.197 0.000
201903 0.000 105.886 0.000
201906 0.000 106.742 0.000
201909 0.000 107.214 0.000
201912 31.783 107.766 38.406
202003 32.475 106.563 39.686
202006 32.677 107.498 39.585
202009 35.359 107.635 42.779
202012 36.080 108.296 43.386
202103 37.926 108.360 45.578
202106 39.195 108.928 46.858
202109 43.925 110.338 51.841
202112 46.607 112.486 53.956
202203 48.626 114.825 55.147
202206 51.078 118.384 56.186
202209 53.212 122.296 56.661
202212 53.125 126.365 54.747
202303 52.721 127.042 54.041
202306 51.193 129.407 51.516
202309 49.664 130.224 49.664

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


Bergs Timber AB  (OSTO:BRG 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.50/19.48
=2.28

* 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 Bergs Timber AB was 1.17. The lowest was 0.63. And the median was 0.83.


Be Aware

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


Bergs Timber AB Cyclically Adjusted Book per Share Related Terms

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


Bergs Timber AB (OSTO:BRG B) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Vastra Tradgardsgatan 15, Stockholm, SWE, 111 53
Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.

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