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NAXS AB (OSTO:NAXS) Cyclically Adjusted Book per Share : kr78.76 (As of Mar. 2025)


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What is NAXS 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.

NAXS AB's adjusted book value per share for the three months ended in Mar. 2025 was kr81.495. 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 kr78.76 for the trailing ten years ended in Mar. 2025.

During the past 12 months, NAXS AB's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 NAXS AB was 11.80% per year. The lowest was 5.00% per year. And the median was 9.70% per year.

As of today (2025-05-30), NAXS AB's current stock price is kr54.60. NAXS AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr78.76. NAXS AB's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NAXS AB was 1.20. The lowest was 0.65. And the median was 0.93.


NAXS AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for NAXS 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.

NAXS AB Cyclically Adjusted Book per Share Chart

NAXS 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 54.80 59.48 70.42 76.58 78.54

NAXS 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 77.31 78.03 77.99 78.54 78.76

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

For the Asset Management subindustry, NAXS 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.


NAXS AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NAXS AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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NAXS 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, NAXS 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)
=81.495/132.8245*132.8245
=81.495

Current CPI (Mar. 2025) = 132.8245.

NAXS AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 52.056 99.995 69.147
201509 54.155 100.228 71.768
201512 52.775 100.276 69.905
201603 54.517 100.751 71.872
201606 53.302 101.019 70.084
201609 54.185 101.138 71.161
201612 56.696 102.022 73.814
201703 57.677 102.022 75.091
201706 61.537 102.752 79.547
201709 60.407 103.279 77.688
201712 60.172 103.793 77.003
201803 62.321 103.962 79.623
201806 60.733 104.875 76.919
201809 60.771 105.679 76.381
201812 61.807 105.912 77.513
201903 63.749 105.886 79.967
201906 62.200 106.742 77.399
201909 64.156 107.214 79.481
201912 63.629 107.766 78.425
202003 63.123 106.563 78.679
202006 55.420 107.498 68.477
202009 60.578 107.635 74.755
202012 60.872 108.296 74.659
202103 63.033 108.360 77.264
202106 65.658 108.928 80.062
202109 68.484 110.338 82.441
202112 73.779 112.486 87.119
202203 78.119 114.825 90.364
202206 78.711 118.384 88.312
202209 83.379 122.296 90.557
202212 86.591 126.365 91.017
202303 86.947 127.042 90.905
202306 83.492 129.407 85.697
202309 84.512 130.224 86.200
202312 83.234 131.912 83.810
202403 83.332 132.205 83.722
202406 76.199 132.716 76.261
202409 72.456 132.304 72.741
202412 72.974 132.987 72.885
202503 81.495 132.825 81.495

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


NAXS AB  (OSTO:NAXS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.60/78.76
=0.69

* 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 NAXS AB was 1.20. The lowest was 0.65. And the median was 0.93.


Be Aware

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


NAXS AB Cyclically Adjusted Book per Share Related Terms

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


NAXS AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Nybrogatan 8, Stockholm, SWE, SE-11434
NAXS AB is a publicly-traded fund focused on investments across Sweden and Northern Europe and focuses on investments in Nordic buyout funds. The fund invests across various sectors and industries. It targets private equity funds, but also makes direct investments and co-investments. The objective is to make the Nordic private equity market accessible for a broader range of investors while offering liquidity through the company's publicly traded shares.

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