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Mycronic AB (OSTO:MYCR) Cyclically Adjusted Book per Share : kr37.81 (As of Mar. 2025)


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What is Mycronic 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.

Mycronic AB's adjusted book value per share for the three months ended in Mar. 2025 was kr71.913. 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 kr37.81 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mycronic AB's average Cyclically Adjusted Book Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.60% 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 Mycronic AB was 20.60% per year. The lowest was 7.70% per year. And the median was 18.30% per year.

As of today (2025-05-15), Mycronic AB's current stock price is kr410.60. Mycronic AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr37.81. Mycronic AB's Cyclically Adjusted PB Ratio of today is 10.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mycronic AB was 14.53. The lowest was 5.05. And the median was 8.68.


Mycronic AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mycronic 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.

Mycronic AB Cyclically Adjusted Book per Share Chart

Mycronic 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 18.02 21.26 26.85 31.58 36.47

Mycronic 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 32.74 33.91 35.02 36.47 37.81

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

For the Specialty Industrial Machinery subindustry, Mycronic 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.


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

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

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


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Mycronic 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, Mycronic 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)
=71.913/132.8245*132.8245
=71.913

Current CPI (Mar. 2025) = 132.8245.

Mycronic AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.616 99.995 11.445
201509 10.976 100.228 14.546
201512 12.952 100.276 17.156
201603 13.267 100.751 17.490
201606 10.074 101.019 13.246
201609 11.352 101.138 14.909
201612 14.416 102.022 18.769
201703 15.575 102.022 20.278
201706 15.729 102.752 20.332
201709 15.777 103.279 20.290
201712 18.181 103.793 23.266
201803 19.948 103.962 25.486
201806 19.406 104.875 24.578
201809 22.759 105.679 28.605
201812 24.265 105.912 30.431
201903 28.015 105.886 35.142
201906 27.461 106.742 34.171
201909 29.444 107.214 36.477
201912 30.352 107.766 37.410
202003 31.460 106.563 39.213
202006 33.015 107.498 40.793
202009 33.469 107.635 41.302
202012 34.356 108.296 42.138
202103 38.286 108.360 46.930
202106 36.812 108.928 44.888
202109 37.958 110.338 45.694
202112 40.391 112.486 47.694
202203 42.864 114.825 49.583
202206 42.731 118.384 47.943
202209 44.971 122.296 48.842
202212 47.721 126.365 50.160
202303 50.025 127.042 52.302
202306 47.352 129.407 48.603
202309 48.956 130.224 49.934
202312 53.762 131.912 54.134
202403 59.408 132.205 59.686
202406 57.440 132.716 57.487
202409 61.840 132.304 62.083
202412 66.933 132.987 66.851
202503 71.913 132.825 71.913

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


Mycronic AB  (OSTO:MYCR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=410.60/37.81
=10.86

* 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 Mycronic AB was 14.53. The lowest was 5.05. And the median was 8.68.


Be Aware

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


Mycronic AB Cyclically Adjusted Book per Share Related Terms

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


Mycronic AB Business Description

Industry
Traded in Other Exchanges
Address
Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of photomasks for displays; The High Flex division, which develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation.

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