GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Catella AB (OSTO:CAT A) » Definitions » Cyclically Adjusted Book per Share

Catella AB (OSTO:CAT A) Cyclically Adjusted Book per Share : kr22.90 (As of Sep. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Catella 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.

Catella AB's adjusted book value per share for the three months ended in Sep. 2024 was kr21.732. 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 kr22.90 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Catella AB's average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Catella AB was 11.60% per year. The lowest was 4.80% per year. And the median was 7.55% per year.

As of today (2024-12-13), Catella AB's current stock price is kr26.40. Catella AB's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was kr22.90. Catella AB's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Catella AB was 2.68. The lowest was 0.98. And the median was 1.70.


Catella AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Catella 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.

Catella AB Cyclically Adjusted Book per Share Chart

Catella 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 15.46 16.10 17.37 20.45 22.37

Catella AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.89 22.37 22.63 22.85 22.90

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

For the Asset Management subindustry, Catella 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.


Catella AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Catella AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Catella 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, Catella AB's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=21.732/132.3043*132.3043
=21.732

Current CPI (Sep. 2024) = 132.3043.

Catella AB Quarterly Data

Book Value per Share CPI Adj_Book
201412 14.242 100.225 18.801
201503 14.083 99.950 18.642
201506 14.401 99.995 19.054
201509 15.074 100.228 19.898
201512 16.139 100.276 21.294
201603 16.286 100.751 21.386
201606 18.131 101.019 23.746
201609 18.742 101.138 24.518
201612 19.096 102.022 24.764
201703 19.512 102.022 25.304
201706 19.267 102.752 24.808
201709 19.890 103.279 25.480
201712 21.124 103.793 26.927
201803 19.866 103.962 25.282
201806 18.879 104.875 23.817
201809 18.772 105.679 23.502
201812 17.143 105.912 21.415
201903 19.069 105.886 23.827
201906 17.895 106.742 22.181
201909 17.234 107.214 21.267
201912 17.640 107.766 21.657
202003 18.277 106.563 22.692
202006 15.631 107.498 19.238
202009 17.703 107.635 21.760
202012 18.246 108.296 22.291
202103 19.661 108.360 24.006
202106 17.589 108.928 21.364
202109 17.952 110.338 21.526
202112 19.106 112.486 22.472
202203 19.989 114.825 23.032
202206 22.117 118.384 24.718
202209 23.068 122.296 24.956
202212 24.539 126.365 25.692
202303 24.539 127.042 25.556
202306 25.116 129.407 25.678
202309 23.690 130.224 24.069
202312 22.502 131.912 22.569
202403 23.362 132.205 23.379
202406 21.947 132.716 21.879
202409 21.732 132.304 21.732

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


Catella AB  (OSTO:CAT A) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.40/22.9
=1.15

* 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 Catella AB was 2.68. The lowest was 0.98. And the median was 1.70.


Be Aware

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


Catella AB Cyclically Adjusted Book per Share Related Terms

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


Catella AB Business Description

Industry
Traded in Other Exchanges
Address
Birger Jarlsgatan 6, P.O. Box 5894, Stockholm, SWE, SE-102 40
Catella AB is a property specialist offering qualified advisory services, property funds and carries out principal investments in development projects. The group consists of Property Investment Management (PIM), Principal Investments and Corporate Finance. PIM offers regulated fund products, regional asset management services and project management of real estate developments. Principal Investments makes direct investments and co-investments with partners in real estate projects. Corporate Finance is a European advisor within real estate related corporate finance services such as real estate transactions, M&A, debt and equity capital markets advisory.

Catella AB Headlines

No Headlines