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Creades AB (OSTO:CRED A) Cyclically Adjusted Book per Share : kr55.78 (As of Mar. 2025)


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What is Creades 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.

Creades AB's adjusted book value per share for the three months ended in Mar. 2025 was kr76.148. 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 kr55.78 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Creades AB's average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.30% 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 Creades AB was 17.30% per year. The lowest was 17.30% per year. And the median was 17.30% per year.

As of today (2025-07-10), Creades AB's current stock price is kr79.45. Creades AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr55.78. Creades AB's Cyclically Adjusted PB Ratio of today is 1.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Creades AB was 4.60. The lowest was 1.21. And the median was 1.52.


Creades AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Creades 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.

Creades AB Cyclically Adjusted Book per Share Chart

Creades AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 33.90 43.41 49.67 54.68

Creades AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 50.86 52.17 53.20 54.68 55.78

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

For the Asset Management subindustry, Creades 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.


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

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

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


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Creades 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, Creades AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=76.148/132.8245*132.8245
=76.148

Current CPI (Mar. 2025) = 132.8245.

Creades AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 22.196 99.995 29.483
201509 22.471 100.228 29.779
201512 23.847 100.276 31.588
201603 23.901 100.751 31.510
201606 22.768 101.019 29.936
201609 25.062 101.138 32.914
201612 26.057 102.022 33.924
201703 26.073 102.022 33.945
201706 27.396 102.752 35.414
201709 27.597 103.279 35.492
201712 26.618 103.793 34.063
201803 28.905 103.962 36.930
201806 28.865 104.875 36.558
201809 28.415 105.679 35.714
201812 29.675 105.912 37.216
201903 32.122 105.886 40.294
201906 32.146 106.742 40.001
201909 33.309 107.214 41.266
201912 36.983 107.766 45.583
202003 34.280 106.563 42.728
202006 42.422 107.498 52.417
202009 51.351 107.635 63.368
202012 63.786 108.296 78.233
202103 73.814 108.360 90.479
202106 77.297 108.928 94.255
202109 84.795 110.338 102.076
202112 95.351 112.486 112.591
202203 79.389 114.825 91.834
202206 62.801 118.384 70.462
202209 58.706 122.296 63.760
202212 64.871 126.365 68.187
202303 68.517 127.042 71.636
202306 64.915 129.407 66.630
202309 58.824 130.224 59.999
202312 67.582 131.912 68.050
202403 67.294 132.205 67.609
202406 71.375 132.716 71.433
202409 72.715 132.304 73.001
202412 74.829 132.987 74.737
202503 76.148 132.825 76.148

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


Creades AB  (OSTO:CRED 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=79.45/55.78
=1.42

* 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 Creades AB was 4.60. The lowest was 1.21. And the median was 1.52.


Be Aware

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


Creades AB Cyclically Adjusted Book per Share Related Terms

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


Creades AB Business Description

Industry
Traded in Other Exchanges
Address
Box 55900, Stockholm, SWE, 10216
Creades AB is a Sweden based investment company. It invests in small and medium-sized public and private companies that both have the potential for revaluation and the potential for underlying value creation. The company's principal investment strategy is to act as an engaged owner and create shareholder value through operational, structural and financial change initiatives.

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