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Investment AB Latour (OSTO:LATO B) Cyclically Adjusted Book per Share : kr51.07 (As of Mar. 2025)


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What is Investment AB Latour 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.

Investment AB Latour's adjusted book value per share for the three months ended in Mar. 2025 was kr69.466. 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 kr51.07 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Investment AB Latour's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.60% 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 Investment AB Latour was 16.70% per year. The lowest was 8.00% per year. And the median was 14.60% per year.

As of today (2025-06-02), Investment AB Latour's current stock price is kr252.80. Investment AB Latour's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr51.07. Investment AB Latour's Cyclically Adjusted PB Ratio of today is 4.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Investment AB Latour was 11.48. The lowest was 3.93. And the median was 5.67.


Investment AB Latour Cyclically Adjusted Book per Share Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Cyclically Adjusted Book per Share Chart

Investment AB Latour 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 28.81 32.60 40.15 45.83 50.22

Investment AB Latour 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 46.94 48.16 49.01 50.22 51.07

Competitive Comparison of Investment AB Latour's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Investment AB Latour'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.


Investment AB Latour's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Investment AB Latour's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Investment AB Latour 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, Investment AB Latour'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)
=69.466/132.8245*132.8245
=69.466

Current CPI (Mar. 2025) = 132.8245.

Investment AB Latour Quarterly Data

Book Value per Share CPI Adj_Book
201506 23.626 99.995 31.383
201509 24.460 100.228 32.415
201512 25.195 100.276 33.373
201603 28.220 100.751 37.204
201606 27.268 101.019 35.853
201609 29.027 101.138 38.121
201612 31.872 102.022 41.495
201703 33.189 102.022 43.210
201706 30.308 102.752 39.178
201709 31.039 103.279 39.919
201712 31.690 103.793 40.554
201803 33.463 103.962 42.753
201806 32.347 104.875 40.968
201809 33.718 105.679 42.379
201812 34.059 105.912 42.714
201903 37.075 105.886 46.507
201906 37.506 106.742 46.671
201909 38.764 107.214 48.024
201912 40.686 107.766 50.147
202003 40.369 106.563 50.318
202006 43.614 107.498 53.890
202009 44.374 107.635 54.759
202012 45.461 108.296 55.758
202103 46.520 108.360 57.023
202106 46.141 108.928 56.264
202109 47.591 110.338 57.290
202112 49.354 112.486 58.278
202203 51.894 114.825 60.029
202206 51.096 118.384 57.329
202209 54.332 122.296 59.009
202212 58.164 126.365 61.137
202303 60.415 127.042 63.165
202306 59.988 129.407 61.572
202309 62.260 130.224 63.504
202312 63.888 131.912 64.330
202403 65.794 132.205 66.102
202406 65.968 132.716 66.022
202409 66.424 132.304 66.685
202412 68.245 132.987 68.162
202503 69.466 132.825 69.466

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


Investment AB Latour  (OSTO:LATO 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=252.80/51.07
=4.95

* 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 Investment AB Latour was 11.48. The lowest was 3.93. And the median was 5.67.


Be Aware

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


Investment AB Latour Cyclically Adjusted Book per Share Related Terms

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


Investment AB Latour Business Description

Industry
Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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