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Holmen AB (OSTO:HOLM B) Cyclically Adjusted Book per Share : kr263.37 (As of Mar. 2025)


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What is Holmen 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.

Holmen AB's adjusted book value per share for the three months ended in Mar. 2025 was kr358.033. 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 kr263.37 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Holmen AB's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.20% 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 Holmen AB was 17.00% per year. The lowest was 7.00% per year. And the median was 15.10% per year.

As of today (2025-05-22), Holmen AB's current stock price is kr412.80. Holmen AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr263.37. Holmen AB's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Holmen AB was 3.71. The lowest was 1.40. And the median was 1.89.


Holmen AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Holmen 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.

Holmen AB Cyclically Adjusted Book per Share Chart

Holmen 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 139.74 164.15 203.86 237.22 262.17

Holmen 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 241.80 248.57 250.93 262.17 263.37

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

For the Paper & Paper Products subindustry, Holmen 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.


Holmen AB's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Holmen AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Holmen 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, Holmen 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)
=358.033/132.8245*132.8245
=358.033

Current CPI (Mar. 2025) = 132.8245.

Holmen AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 124.899 99.995 165.905
201509 125.560 100.228 166.395
201512 124.131 100.276 164.423
201603 124.607 100.751 164.274
201606 121.006 101.019 159.104
201609 122.250 101.138 160.552
201612 126.452 102.022 164.631
201703 123.488 102.022 160.772
201706 125.804 102.752 162.623
201709 128.988 103.279 165.888
201712 131.167 103.793 167.856
201803 133.262 103.962 170.259
201806 132.369 104.875 167.647
201809 135.804 105.679 170.688
201812 139.608 105.912 175.083
201903 142.400 105.886 178.628
201906 137.620 106.742 171.248
201909 136.278 107.214 168.831
201912 247.712 107.766 305.312
202003 247.273 106.563 308.212
202006 251.677 107.498 310.973
202009 251.751 107.635 310.667
202012 262.564 108.296 322.034
202103 266.659 108.360 326.864
202106 261.002 108.928 318.261
202109 266.220 110.338 320.474
202112 290.207 112.486 342.679
202203 292.683 114.825 338.562
202206 316.391 118.384 354.986
202209 336.885 122.296 365.887
202212 351.539 126.365 369.508
202303 330.533 127.042 345.579
202306 332.243 129.407 341.018
202309 332.356 130.224 338.994
202312 357.507 131.912 359.981
202403 357.740 132.205 359.415
202406 352.832 132.716 353.120
202409 356.325 132.304 357.726
202412 363.866 132.987 363.421
202503 358.033 132.825 358.033

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


Holmen AB  (OSTO:HOLM 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=412.80/263.37
=1.57

* 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 Holmen AB was 3.71. The lowest was 1.40. And the median was 1.89.


Be Aware

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


Holmen AB Cyclically Adjusted Book per Share Related Terms

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


Holmen AB Business Description

Industry
Address
Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84
Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into four segments based on product type: Forest, Board and Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, the construction industry, and the packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns the majority of its revenue in Europe.

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