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Norske Skogindustrier ASA (OSTO:NSGO) Cyclically Adjusted Book per Share : kr0.00 (As of Dec. 2023)


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What is Norske Skogindustrier ASA Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Norske Skogindustrier ASA's adjusted book value per share for the three months ended in Dec. 2023 was kr22.079. 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 kr0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Norske Skogindustrier ASA's average Cyclically Adjusted Book Growth Rate was 19.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% 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 Norske Skogindustrier ASA was 5.40% per year. The lowest was -4.00% per year. And the median was -0.80% per year.

As of today (2024-06-18), Norske Skogindustrier ASA's current stock price is kr2.20. Norske Skogindustrier ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr0.00. Norske Skogindustrier ASA's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Norske Skogindustrier ASA was 2.88. The lowest was 0.85. And the median was 1.39.


Norske Skogindustrier ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Norske Skogindustrier ASA'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.

Norske Skogindustrier ASA Cyclically Adjusted Book per Share Chart

Norske Skogindustrier ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Norske Skogindustrier ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Norske Skogindustrier ASA's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Norske Skogindustrier ASA'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.


Norske Skogindustrier ASA's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

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

* The bar in red indicates where Norske Skogindustrier ASA's Cyclically Adjusted PB Ratio falls into.



Norske Skogindustrier ASA 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, Norske Skogindustrier ASA's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=22.079/131.9000*131.9000
=22.079

Current CPI (Dec. 2023) = 131.9000.

Norske Skogindustrier ASA Quarterly Data

Book Value per Share CPI Adj_Book
201309 14.076 96.400 19.260
201312 11.335 96.600 15.477
201403 11.840 97.300 16.050
201406 12.142 97.500 16.426
201409 10.480 98.500 14.034
201412 6.697 98.600 8.959
201503 10.610 99.200 14.107
201506 7.197 100.100 9.483
201509 2.851 100.600 3.738
201512 -1.199 100.900 -1.567
201603 -0.602 102.500 -0.775
201606 0.681 103.800 0.865
201609 0.968 104.200 1.225
201612 0.660 104.400 0.834
201703 0.140 105.000 0.176
201706 -2.000 105.800 -2.493
201709 -2.470 105.900 -3.076
201712 -5.111 106.100 -6.354
201809 0.000 109.500 0.000
201812 8.477 109.800 10.183
201903 0.000 110.400 0.000
201906 0.000 110.600 0.000
201909 20.244 111.100 24.034
201912 19.685 111.300 23.328
202003 19.495 111.200 23.124
202006 17.979 112.100 21.155
202009 16.900 112.900 19.744
202012 11.534 112.900 13.475
202103 13.179 114.600 15.169
202106 12.061 115.300 13.797
202109 9.914 117.500 11.129
202112 11.230 118.900 12.458
202203 13.119 119.800 14.444
202206 17.158 122.600 18.460
202209 17.416 125.600 18.290
202212 21.180 125.900 22.189
202303 21.663 127.600 22.393
202306 22.251 130.400 22.507
202309 21.076 129.800 21.417
202312 22.079 131.900 22.079

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


Norske Skogindustrier ASA  (OSTO:NSGo) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Norske Skogindustrier ASA was 2.88. The lowest was 0.85. And the median was 1.39.


Be Aware

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


Norske Skogindustrier ASA Cyclically Adjusted Book per Share Related Terms

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


Norske Skogindustrier ASA (OSTO:NSGO) Business Description

Traded in Other Exchanges
Address
Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is an industrial company in publication paper, packaging paper, energy production, and bioproducts. Publication paper products comprise both newsprint and magazine paper, both of which are marketed under the NOR brand. Packaging paper includes the recycled containerboard grades test liner and fluting, which are marketed under the STRATO brand. The company's core bioproducts are the nano cellulose product CEBINA and the bio-composite product CEBICO. Norske Skog owns and operates four industrial sites in Europe, and one industrial site in Australasia.

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