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NetJobs Group AB (OSTO:NJOB) Cyclically Adjusted Book per Share : kr0.24 (As of Mar. 2024)


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What is NetJobs Group 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.

NetJobs Group AB's adjusted book value per share for the three months ended in Mar. 2024 was kr-0.043. 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 kr0.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NetJobs Group AB's average Cyclically Adjusted Book Growth Rate was -17.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.30% 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 NetJobs Group AB was -12.30% per year. The lowest was -12.60% per year. And the median was -12.45% per year.

As of today (2024-06-12), NetJobs Group AB's current stock price is kr0.278. NetJobs Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr0.24. NetJobs Group AB's Cyclically Adjusted PB Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NetJobs Group AB was 11.32. The lowest was 0.39. And the median was 1.67.


NetJobs Group AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for NetJobs Group 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.

NetJobs Group AB Cyclically Adjusted Book per Share Chart

NetJobs Group AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.43 0.38 0.32 0.29

NetJobs Group AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.29 0.27 0.26 0.25 0.24

Competitive Comparison of NetJobs Group AB's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, NetJobs Group 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.


NetJobs Group AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NetJobs Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NetJobs Group 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, NetJobs Group AB's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.043/132.2054*132.2054
=-0.043

Current CPI (Mar. 2024) = 132.2054.

NetJobs Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.540 99.788 0.715
201406 0.510 100.432 0.671
201409 0.391 100.161 0.516
201412 0.508 100.225 0.670
201503 0.553 99.950 0.731
201506 0.464 99.995 0.613
201509 0.482 100.228 0.636
201512 0.525 100.276 0.692
201603 0.538 100.751 0.706
201606 0.452 101.019 0.592
201609 0.401 101.138 0.524
201612 0.401 102.022 0.520
201703 0.354 102.022 0.459
201706 0.320 102.752 0.412
201709 0.276 103.279 0.353
201712 0.262 103.793 0.334
201803 0.161 103.962 0.205
201806 0.061 104.875 0.077
201809 0.010 105.679 0.013
201812 0.023 105.912 0.029
201903 -0.004 105.886 -0.005
201906 0.036 106.742 0.045
201909 0.017 107.214 0.021
201912 -0.050 107.766 -0.061
202003 -0.041 106.563 -0.051
202006 -0.008 107.498 -0.010
202009 -0.040 107.635 -0.049
202012 -0.016 108.296 -0.020
202103 -0.016 108.360 -0.020
202106 -0.014 108.928 -0.017
202109 0.002 110.338 0.002
202112 -0.013 112.486 -0.015
202203 -0.004 114.825 -0.005
202206 0.018 118.384 0.020
202209 0.047 122.296 0.051
202212 0.008 126.365 0.008
202303 -0.022 127.042 -0.023
202306 0.097 129.407 0.099
202309 0.073 130.224 0.074
202403 -0.043 132.205 -0.043

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


NetJobs Group AB  (OSTO:NJOB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.278/0.24
=1.16

* 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 NetJobs Group AB was 11.32. The lowest was 0.39. And the median was 1.67.


Be Aware

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


NetJobs Group AB Cyclically Adjusted Book per Share Related Terms

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


NetJobs Group AB (OSTO:NJOB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Grev Turegatan 19, Stockholm, SWE, 114 38
NetJobs Group AB provides specific career website network in northern Europe. The company owns and operates 42 job sites in Sweden, Germany, Norway, Finland and Denmark.

NetJobs Group AB (OSTO:NJOB) Headlines

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