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Granges AB (OSTO:GRNG) Cyclically Adjusted Book per Share : kr65.75 (As of Mar. 2025)


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What is Granges 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.

Granges AB's adjusted book value per share for the three months ended in Mar. 2025 was kr92.899. 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 kr65.75 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Granges AB's average Cyclically Adjusted Book Growth Rate was 7.80% 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.

As of today (2025-06-01), Granges AB's current stock price is kr121.20. Granges AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr65.75. Granges AB's Cyclically Adjusted PB Ratio of today is 1.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Granges AB was 2.35. The lowest was 1.53. And the median was 1.87.


Granges AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Granges 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.

Granges AB Cyclically Adjusted Book per Share Chart

Granges 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 - - 53.54 60.15 64.48

Granges 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 61.01 62.12 62.59 64.48 65.75

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

For the Aluminum subindustry, Granges 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.


Granges AB's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Granges AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Granges 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, Granges 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)
=92.899/132.8245*132.8245
=92.899

Current CPI (Mar. 2025) = 132.8245.

Granges AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 28.247 99.995 37.521
201509 28.924 100.228 38.331
201512 29.696 100.276 39.335
201603 30.135 100.751 39.728
201606 29.565 101.019 38.873
201609 32.214 101.138 42.307
201612 34.706 102.022 45.185
201703 36.523 102.022 47.550
201706 35.235 102.752 45.547
201709 36.467 103.279 46.899
201712 39.013 103.793 49.925
201803 42.277 103.962 54.014
201806 43.028 104.875 54.495
201809 43.498 105.679 54.671
201812 45.470 105.912 57.024
201903 49.626 105.886 62.251
201906 47.865 106.742 59.561
201909 51.446 107.214 63.735
201912 50.647 107.766 62.424
202003 54.745 106.563 68.237
202006 51.352 107.498 63.451
202009 52.150 107.635 64.354
202012 56.138 108.296 68.853
202103 60.428 108.360 74.071
202106 61.575 108.928 75.084
202109 63.447 110.338 76.377
202112 65.187 112.486 76.973
202203 68.150 114.825 78.833
202206 75.478 118.384 84.685
202209 78.639 122.296 85.409
202212 77.171 126.365 81.116
202303 79.156 127.042 82.759
202306 83.728 129.407 85.939
202309 84.377 130.224 86.062
202312 82.853 131.912 83.426
202403 88.497 132.205 88.911
202406 87.914 132.716 87.986
202409 88.553 132.304 88.901
202412 96.342 132.987 96.224
202503 92.899 132.825 92.899

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


Granges AB  (OSTO:GRNG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=121.20/65.75
=1.84

* 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 Granges AB was 2.35. The lowest was 1.53. And the median was 1.87.


Be Aware

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


Granges AB Cyclically Adjusted Book per Share Related Terms

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


Granges AB Business Description

Industry
Traded in Other Exchanges
Address
Linnegatan 18, Stockholm, SWE, 114 47
Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It offers products in heat exchanger applications, specialty packaging, and new rolled product niches. Some of the products offered by the company include clad tubes, mechanically bonded copper tubes, brazed aluminum heat exchangers, aluminum packaging products, cathode foil materials, battery cooling aluminum plates, and aluminum powder materials, among others. These products find their applications in automotive, electrification and battery, specialty packaging, industrial, heating, ventilation and air conditioning, and other industries. The company's operating segments are Granges Eurasia and Granges Americas. Maximum revenue is derived from the Granges Eurasia segment.

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