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Ferronordic AB (OSTO:FNM) Cyclically Adjusted Book per Share : kr80.34 (As of Mar. 2025)


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What is Ferronordic 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.

Ferronordic AB's adjusted book value per share for the three months ended in Mar. 2025 was kr94.412. 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 kr80.34 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ferronordic AB's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.40% 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 Ferronordic AB was 18.40% per year. The lowest was 18.40% per year. And the median was 18.40% per year.

As of today (2025-05-30), Ferronordic AB's current stock price is kr45.05. Ferronordic AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr80.34. Ferronordic AB's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ferronordic AB was 7.60. The lowest was 0.51. And the median was 0.97.


Ferronordic AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ferronordic 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.

Ferronordic AB Cyclically Adjusted Book per Share Chart

Ferronordic 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 - 47.78 61.46 73.96 79.35

Ferronordic 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 75.39 76.83 77.61 79.35 80.34

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

For the Industrial Distribution subindustry, Ferronordic 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.


Ferronordic AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ferronordic 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, Ferronordic 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)
=94.412/132.8245*132.8245
=94.412

Current CPI (Mar. 2025) = 132.8245.

Ferronordic AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 39.275 99.995 52.169
201509 36.810 100.228 48.782
201512 32.207 100.276 42.661
201603 35.082 100.751 46.250
201606 37.474 101.019 49.272
201609 41.709 101.138 54.777
201612 44.241 102.022 57.599
201703 47.308 102.022 61.592
201706 38.937 102.752 50.333
201709 41.983 103.279 53.993
201712 42.051 103.793 53.813
201803 44.499 103.962 56.853
201806 40.194 104.875 50.906
201809 42.243 105.679 53.094
201812 45.138 105.912 56.608
201903 52.192 105.886 65.470
201906 51.022 106.742 63.490
201909 57.581 107.214 71.336
201912 61.268 107.766 75.515
202003 53.851 106.563 67.122
202006 60.755 107.498 75.069
202009 58.338 107.635 71.991
202012 55.464 108.296 68.027
202103 61.099 108.360 74.894
202106 61.266 108.928 74.707
202109 70.672 110.338 85.075
202112 75.764 112.486 89.463
202203 74.800 114.825 86.525
202206 119.667 118.384 134.264
202209 145.059 122.296 157.547
202212 128.888 126.365 135.476
202303 129.783 127.042 135.691
202306 125.378 129.407 128.690
202309 120.424 130.224 122.829
202312 111.616 131.912 112.388
202403 116.846 132.205 117.393
202406 111.960 132.716 112.052
202409 102.051 132.304 102.452
202412 103.152 132.987 103.026
202503 94.412 132.825 94.412

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


Ferronordic AB  (OSTO:FNM) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.05/80.34
=0.56

* 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 Ferronordic AB was 7.60. The lowest was 0.51. And the median was 0.97.


Be Aware

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


Ferronordic AB Cyclically Adjusted Book per Share Related Terms

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


Ferronordic AB Business Description

Industry
Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the US segment.

Ferronordic AB Headlines

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