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Episurf Medical AB (OSTO:EPIS B) Cyclically Adjusted Book per Share : kr1.46 (As of Jun. 2024)


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What is Episurf Medical 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.

Episurf Medical AB's adjusted book value per share for the three months ended in Jun. 2024 was kr0.181. 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 kr1.46 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Episurf Medical AB's average Cyclically Adjusted Book Growth Rate was -18.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.50% 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 Episurf Medical AB was -9.20% per year. The lowest was -11.50% per year. And the median was -10.35% per year.

As of today (2024-09-22), Episurf Medical AB's current stock price is kr0.1712. Episurf Medical AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was kr1.46. Episurf Medical AB's Cyclically Adjusted PB Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Episurf Medical AB was 1.99. The lowest was 0.12. And the median was 0.74.


Episurf Medical AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Episurf Medical 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.

Episurf Medical AB Cyclically Adjusted Book per Share Chart

Episurf Medical 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 2.47 2.32 1.79 1.85 1.61

Episurf Medical AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.78 1.69 1.61 1.52 1.46

Competitive Comparison of Episurf Medical AB's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Episurf Medical 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.181/132.7160*132.7160
=0.181

Current CPI (Jun. 2024) = 132.7160.

Episurf Medical AB Quarterly Data

Book Value per Share CPI Adj_Book
201409 2.041 100.161 2.704
201412 1.690 100.225 2.238
201503 1.362 99.950 1.808
201506 0.893 99.995 1.185
201509 3.731 100.228 4.940
201512 3.308 100.276 4.378
201603 2.956 100.751 3.894
201606 2.478 101.019 3.256
201609 2.024 101.138 2.656
201612 1.464 102.022 1.904
201703 2.638 102.022 3.432
201706 2.354 102.752 3.040
201709 2.078 103.279 2.670
201712 1.760 103.793 2.250
201803 1.470 103.962 1.877
201806 1.160 104.875 1.468
201809 0.922 105.679 1.158
201812 0.881 105.912 1.104
201903 0.523 105.886 0.656
201906 0.662 106.742 0.823
201909 0.512 107.214 0.634
201912 0.352 107.766 0.433
202003 0.540 106.563 0.673
202006 0.578 107.498 0.714
202009 0.514 107.635 0.634
202012 0.590 108.296 0.723
202103 0.531 108.360 0.650
202106 0.474 108.928 0.578
202109 0.420 110.338 0.505
202112 0.732 112.486 0.864
202203 0.686 114.825 0.793
202206 0.632 118.384 0.709
202209 0.582 122.296 0.632
202212 0.514 126.365 0.540
202303 0.448 127.042 0.468
202306 0.367 129.407 0.376
202309 0.307 130.224 0.313
202312 0.244 131.912 0.245
202403 0.186 132.205 0.187
202406 0.181 132.716 0.181

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


Episurf Medical AB  (OSTO:EPIS 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1712/1.46
=0.12

* 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 Episurf Medical AB was 1.99. The lowest was 0.12. And the median was 0.74.


Be Aware

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


Episurf Medical AB Cyclically Adjusted Book per Share Related Terms

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


Episurf Medical AB Business Description

Traded in Other Exchanges
Address
Karlavagen 60, Stockholm, SWE, 114 49
Episurf Medical AB is a medical device company. The company develops, manufactures, and commercializes solutions for the repair of the local cartilage damage in human joints. Its first patient-specific product portfolio, the knee portfolio, consists of the existing products Episealer Condyle Solo and Episealer Trochlea Solo, Episealer Femoral Twin, Epiguide MOS, and Epioscopy.

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