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Scandbook Holding AB (OSTO:SBOK) Cyclically Adjusted Book per Share : kr47.75 (As of Mar. 2024)


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What is Scandbook Holding 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.

Scandbook Holding AB's adjusted book value per share for the three months ended in Mar. 2024 was kr58.960. 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 kr47.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Scandbook Holding AB's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Scandbook Holding AB was 9.30% per year. The lowest was 3.10% per year. And the median was 7.00% per year.

As of today (2024-06-16), Scandbook Holding AB's current stock price is kr31.00. Scandbook Holding AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr47.75. Scandbook Holding AB's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Scandbook Holding AB was 0.97. The lowest was 0.30. And the median was 0.62.


Scandbook Holding AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Scandbook Holding 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.

Scandbook Holding AB Cyclically Adjusted Book per Share Chart

Scandbook Holding AB 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 35.40 36.13 37.78 43.31 47.14

Scandbook Holding AB 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 44.02 45.32 46.07 47.14 47.75

Competitive Comparison of Scandbook Holding AB's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Scandbook Holding 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.


Scandbook Holding AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Scandbook Holding 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, Scandbook Holding 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)
=58.96/132.2054*132.2054
=58.960

Current CPI (Mar. 2024) = 132.2054.

Scandbook Holding AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.883 100.432 36.704
201409 28.659 100.161 37.828
201412 29.222 100.225 38.546
201503 29.424 99.950 38.919
201506 28.485 99.995 37.661
201509 33.889 100.228 44.701
201512 33.243 100.276 43.828
201603 33.072 100.751 43.397
201606 32.705 101.019 42.801
201609 32.846 101.138 42.936
201612 34.028 102.022 44.095
201703 33.975 102.022 44.027
201706 33.947 102.752 43.678
201709 33.844 103.279 43.323
201712 34.622 103.793 44.100
201803 35.855 103.962 45.596
201806 36.042 104.875 45.435
201809 35.933 105.679 44.953
201812 37.313 105.912 46.576
201903 37.905 105.886 47.327
201906 37.596 106.742 46.565
201909 38.685 107.214 47.702
201912 38.725 107.766 47.507
202003 40.230 106.563 49.911
202006 39.450 107.498 48.517
202009 40.597 107.635 49.864
202012 40.915 108.296 49.948
202103 42.546 108.360 51.909
202106 41.742 108.928 50.662
202109 43.198 110.338 51.759
202112 45.720 112.486 53.735
202203 47.688 114.825 54.906
202206 48.164 118.384 53.787
202209 50.722 122.296 54.832
202212 53.897 126.365 56.388
202303 55.056 127.042 57.294
202306 54.746 129.407 55.930
202309 55.539 130.224 56.384
202312 57.034 131.912 57.161
202403 58.960 132.205 58.960

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


Scandbook Holding AB  (OSTO:SBOK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.00/47.75
=0.65

* 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 Scandbook Holding AB was 0.97. The lowest was 0.30. And the median was 0.62.


Be Aware

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


Scandbook Holding AB Cyclically Adjusted Book per Share Related Terms

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


Scandbook Holding AB (OSTO:SBOK) Business Description

Traded in Other Exchanges
N/A
Address
Lovasvagen 24, Falun, SWE, 791 45
Scandbook Holding AB is engaged in the production of hard/soft cover books of various sizes and with cover options. It offers case-bound hardback books with colored or printed paper wrapped with a dust jacket; case-bound hardback books covered with printed paper glued to the cover board; and books with softcovers and paperbacks, as well as with flaps.

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