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RLS Global AB (OSTO:RLS) Cyclically Adjusted Book per Share : kr0.52 (As of Jun. 2023)


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What is RLS Global 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.

RLS Global AB's adjusted book value per share for the three months ended in Jun. 2023 was kr0.208. 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 kr0.52 for the trailing ten years ended in Jun. 2023.

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.

As of today (2024-05-17), RLS Global AB's current stock price is kr0.446. RLS Global AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was kr0.52. RLS Global AB's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of RLS Global AB was 14.57. The lowest was 0.85. And the median was 6.96.


RLS Global AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for RLS Global 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.

RLS Global AB Cyclically Adjusted Book per Share Chart

RLS Global 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 - - 0.51 0.52 0.53

RLS Global AB Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.52 0.52 0.53 0.51 0.52

Competitive Comparison of RLS Global AB's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, RLS Global 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.


RLS Global AB's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, RLS Global AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



RLS Global 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, RLS Global AB's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.208/129.4065*129.4065
=0.208

Current CPI (Jun. 2023) = 129.4065.

RLS Global AB Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.306 100.544 0.394
201312 0.149 100.541 0.192
201403 0.172 99.788 0.223
201406 0.079 100.432 0.102
201409 0.335 100.161 0.433
201412 0.098 100.225 0.127
201503 0.053 99.950 0.069
201506 0.136 99.995 0.176
201509 0.093 100.228 0.120
201512 0.056 100.276 0.072
201603 0.282 100.751 0.362
201606 0.193 101.019 0.247
201609 0.144 101.138 0.184
201612 0.067 102.022 0.085
201703 1.224 102.022 1.553
201706 1.044 102.752 1.315
201709 0.988 103.279 1.238
201712 0.881 103.793 1.098
201803 0.799 103.962 0.995
201806 0.735 104.875 0.907
201809 0.647 105.679 0.792
201812 0.547 105.912 0.668
201903 0.450 105.886 0.550
201906 0.352 106.742 0.427
201909 1.042 107.214 1.258
201912 0.788 107.766 0.946
202003 0.729 106.563 0.885
202006 0.644 107.498 0.775
202009 0.561 107.635 0.674
202012 0.452 108.296 0.540
202103 0.358 108.360 0.428
202106 0.485 108.928 0.576
202109 0.405 110.338 0.475
202112 0.297 112.486 0.342
202203 0.220 114.825 0.248
202206 0.133 118.384 0.145
202209 0.195 122.296 0.206
202212 0.401 126.365 0.411
202303 0.307 127.042 0.313
202306 0.208 129.407 0.208

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


RLS Global AB  (OSTO:RLS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.446/0.52
=0.86

* 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 RLS Global AB was 14.57. The lowest was 0.85. And the median was 6.96.


Be Aware

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


RLS Global AB Cyclically Adjusted Book per Share Related Terms

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


RLS Global AB (OSTO:RLS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Neongatan 5, Mölndal, SWE, 431 53
RLS Global AB develops and sells biochemical products for the treatment of some of common diseases in wound and dental care.

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