GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Scandinavian Real Heart AB (OSTO:HEART) » Definitions » Cyclically Adjusted Book per Share

Scandinavian Real Heart AB (OSTO:HEART) Cyclically Adjusted Book per Share : kr0.00 (As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Scandinavian Real Heart 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.

Scandinavian Real Heart AB's adjusted book value per share for the three months ended in Dec. 2024 was kr32.531. 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 kr0.00 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Scandinavian Real Heart AB's average Cyclically Adjusted Book Growth Rate was -2.10% 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 (2025-03-05), Scandinavian Real Heart AB's current stock price is kr14.90. Scandinavian Real Heart AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was kr0.00. Scandinavian Real Heart AB's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Scandinavian Real Heart AB was 1.64. The lowest was 0.09. And the median was 0.36.


Scandinavian Real Heart AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Scandinavian Real Heart 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.

Scandinavian Real Heart AB Cyclically Adjusted Book per Share Chart

Scandinavian Real Heart 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 - - 103.11 118.43 -

Scandinavian Real Heart AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 118.43 116.88 115.41 113.06 -

Competitive Comparison of Scandinavian Real Heart AB's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Scandinavian Real Heart 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.


Scandinavian Real Heart AB's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Scandinavian Real Heart 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, Scandinavian Real Heart AB's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=32.531/132.9872*132.9872
=32.531

Current CPI (Dec. 2024) = 132.9872.

Scandinavian Real Heart AB Quarterly Data

Book Value per Share CPI Adj_Book
201503 27.523 99.950 36.620
201506 26.578 99.995 35.347
201509 25.703 100.228 34.104
201512 23.309 100.276 30.913
201603 0.000 100.751 0.000
201606 54.504 101.019 71.752
201609 60.205 101.138 79.164
201612 57.042 102.022 74.355
201703 55.159 102.022 71.901
201706 52.004 102.752 67.306
201709 49.026 103.279 63.128
201712 80.704 103.793 103.404
201803 75.522 103.962 96.607
201806 73.903 104.875 93.713
201809 68.548 105.679 86.261
201812 57.615 105.912 72.344
201903 152.409 105.886 191.417
201906 147.362 106.742 183.596
201909 144.241 107.214 178.915
201912 139.487 107.766 172.132
202003 133.960 106.563 167.178
202006 133.839 107.498 165.574
202009 142.378 107.635 175.913
202012 138.141 108.296 169.637
202103 134.713 108.360 165.330
202106 130.416 108.928 159.222
202109 243.065 110.338 292.959
202112 149.987 112.486 177.323
202203 146.345 114.825 169.493
202206 142.020 118.384 159.539
202209 154.528 122.296 168.037
202212 131.597 126.365 138.493
202303 124.687 127.042 130.522
202306 121.474 129.407 124.835
202309 93.419 130.224 95.402
202312 56.656 131.912 57.118
202403 51.430 132.205 51.734
202406 44.237 132.716 44.327
202409 37.478 132.304 37.671
202412 32.531 132.987 32.531

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


Scandinavian Real Heart AB  (OSTO:HEART) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Scandinavian Real Heart AB was 1.64. The lowest was 0.09. And the median was 0.36.


Be Aware

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


Scandinavian Real Heart AB Cyclically Adjusted Book per Share Related Terms

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


Scandinavian Real Heart AB Business Description

Traded in Other Exchanges
Address
Kopparbergsvagen 10, Vasteras, SWE, 722 13
Scandinavian Real Heart AB is engaged in developing an artificial heart.

Scandinavian Real Heart AB Headlines

No Headlines