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REC Silicon ASA (OSTO:RECO) Cyclically Adjusted Book per Share : kr0.00 (As of Mar. 2024)


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What is REC Silicon ASA 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.

REC Silicon ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr0.938. 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 Mar. 2024.

During the past 12 months, REC Silicon ASA's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -27.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -29.20% 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 REC Silicon ASA was -23.30% per year. The lowest was -34.10% per year. And the median was -28.85% per year.

As of today (2024-05-16), REC Silicon ASA's current stock price is kr10.57. REC Silicon ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr0.00. REC Silicon ASA's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of REC Silicon ASA was 1.15. The lowest was 0.03. And the median was 0.17.


REC Silicon ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for REC Silicon 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.

REC Silicon ASA Cyclically Adjusted Book per Share Chart

REC Silicon ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.40 40.17 27.43 18.78 14.55

REC Silicon ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 16.06 16.87 15.83 14.55 -

Competitive Comparison of REC Silicon ASA's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, REC Silicon 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.


REC Silicon ASA's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



REC Silicon 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, REC Silicon ASA'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)
=0.938/132.6000*132.6000
=0.938

Current CPI (Mar. 2024) = 132.6000.

REC Silicon ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.122 97.500 32.806
201409 27.880 98.500 37.532
201412 33.162 98.600 44.597
201503 36.175 99.200 48.355
201506 31.809 100.100 42.137
201509 34.453 100.600 45.412
201512 31.488 100.900 41.381
201603 29.926 102.500 38.714
201606 28.392 103.800 36.270
201609 25.687 104.200 32.688
201612 26.320 104.400 33.429
201703 25.377 105.000 32.048
201706 23.657 105.800 29.650
201709 19.184 105.900 24.021
201712 14.678 106.100 18.344
201803 15.621 107.300 19.304
201806 4.256 108.500 5.201
201809 3.605 109.500 4.366
201812 3.618 109.800 4.369
201903 2.876 110.400 3.454
201906 2.187 110.600 2.622
201909 1.365 111.100 1.629
201912 0.026 111.300 0.031
202003 -0.359 111.200 -0.428
202006 -1.700 112.100 -2.011
202009 -0.629 112.900 -0.739
202012 1.379 112.900 1.620
202103 1.154 114.600 1.335
202106 1.018 115.300 1.171
202109 0.979 117.500 1.105
202112 0.803 118.900 0.896
202203 2.818 119.800 3.119
202206 2.623 122.600 2.837
202209 2.172 125.600 2.293
202212 1.419 125.900 1.495
202303 0.826 127.600 0.858
202306 0.575 130.400 0.585
202309 -0.314 129.800 -0.321
202312 1.916 131.900 1.926
202403 0.938 132.600 0.938

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


REC Silicon ASA  (OSTO:RECo) 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 REC Silicon ASA was 1.15. The lowest was 0.03. And the median was 0.17.


Be Aware

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


REC Silicon ASA Cyclically Adjusted Book per Share Related Terms

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


REC Silicon ASA (OSTO:RECO) Business Description

Industry
Traded in Other Exchanges
Address
Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (OSTO:RECO) Headlines

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