GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Europris ASA (OSTO:EPRo) » Definitions » Cyclically Adjusted Book per Share

Europris ASA (OSTO:EPRO) Cyclically Adjusted Book per Share : kr14.37 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Europris ASA 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.

Europris ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr22.404. 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 kr14.37 for the trailing ten years ended in Mar. 2024.

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 (2024-06-10), Europris ASA's current stock price is kr72.60. Europris ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr14.37. Europris ASA's Cyclically Adjusted PB Ratio of today is 5.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Europris ASA was 5.66. The lowest was 3.99. And the median was 4.83.


Europris ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Europris ASA'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.

Europris ASA Cyclically Adjusted Book per Share Chart

Europris ASA 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 - - - - 13.15

Europris ASA 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 - 14.25 13.94 13.15 14.37

Competitive Comparison of Europris ASA's Cyclically Adjusted Book per Share

For the Discount Stores subindustry, Europris ASA'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.


Europris ASA's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Europris ASA 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, Europris ASA'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)
=22.404/132.6000*132.6000
=22.404

Current CPI (Mar. 2024) = 132.6000.

Europris ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 97.500 0.000
201409 0.000 98.500 0.000
201412 7.266 98.600 9.772
201503 7.302 99.200 9.761
201506 7.588 100.100 10.052
201509 8.034 100.600 10.590
201512 9.154 100.900 12.030
201603 9.208 102.500 11.912
201606 8.566 103.800 10.943
201609 8.978 104.200 11.425
201612 10.232 104.400 12.996
201703 10.226 105.000 12.914
201706 8.999 105.800 11.279
201709 9.386 105.900 11.752
201712 10.566 106.100 13.205
201803 10.617 107.300 13.120
201806 9.741 108.500 11.905
201809 9.957 109.500 12.058
201812 11.070 109.800 13.369
201903 10.910 110.400 13.104
201906 9.697 110.600 11.626
201909 10.224 111.100 12.203
201912 11.928 111.300 14.211
202003 11.930 111.200 14.226
202006 11.468 112.100 13.565
202009 12.615 112.900 14.816
202012 13.765 112.900 16.167
202103 14.413 114.600 16.677
202106 13.462 115.300 15.482
202109 13.236 117.500 14.937
202112 16.276 118.900 18.151
202203 16.821 119.800 18.618
202206 14.844 122.600 16.055
202209 15.746 125.600 16.624
202212 18.385 125.900 19.363
202303 20.556 127.600 21.361
202306 18.418 130.400 18.729
202309 19.312 129.800 19.729
202312 22.113 131.900 22.230
202403 22.404 132.600 22.404

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


Europris ASA  (OSTO:EPRo) 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.

Europris ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=72.60/14.37
=5.05

* 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 Europris ASA was 5.66. The lowest was 3.99. And the median was 4.83.


Be Aware

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


Europris ASA Cyclically Adjusted Book per Share Related Terms

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


Europris ASA (OSTO:EPRO) Business Description

Traded in Other Exchanges
Address
Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.

Europris ASA (OSTO:EPRO) Headlines

No Headlines