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SKF AB (OSTO:SKF B) Cyclically Adjusted Book per Share : kr98.51 (As of Mar. 2025)


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What is SKF 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.

SKF AB's adjusted book value per share for the three months ended in Mar. 2025 was kr124.954. 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 kr98.51 for the trailing ten years ended in Mar. 2025.

During the past 12 months, SKF AB's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 5 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 SKF AB was 14.20% per year. The lowest was 6.80% per year. And the median was 7.80% per year.

As of today (2025-06-01), SKF AB's current stock price is kr210.80. SKF AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr98.51. SKF AB's Cyclically Adjusted PB Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SKF AB was 4.23. The lowest was 1.74. And the median was 3.04.


SKF AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for SKF 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.

SKF AB Cyclically Adjusted Book per Share Chart

SKF AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.67 66.91 80.79 90.25 97.29

SKF AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 92.10 94.02 95.20 97.29 98.51

Competitive Comparison of SKF AB's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, SKF 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.


SKF AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKF AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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SKF 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, SKF AB's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=124.954/132.8245*132.8245
=124.954

Current CPI (Mar. 2025) = 132.8245.

SKF AB Quarterly Data

Book Value per Share CPI Adj_Book
201506 54.015 99.995 71.749
201509 53.306 100.228 70.642
201512 54.496 100.276 72.185
201603 53.866 100.751 71.014
201606 48.714 101.019 64.051
201609 52.155 101.138 68.495
201612 57.173 102.022 74.435
201703 61.146 102.022 79.608
201706 56.559 102.752 73.112
201709 57.747 103.279 74.267
201712 61.570 103.793 78.792
201803 68.284 103.962 87.242
201806 68.721 104.875 87.036
201809 70.510 105.679 88.622
201812 73.649 105.912 92.364
201903 78.456 105.886 98.416
201906 74.297 106.742 92.452
201909 76.286 107.214 94.509
201912 77.988 107.766 96.122
202003 82.927 106.563 103.364
202006 76.387 107.498 94.384
202009 77.125 107.635 95.174
202012 75.346 108.296 92.412
202103 86.019 108.360 105.440
202106 83.375 108.928 101.666
202109 89.087 110.338 107.242
202112 95.849 112.486 113.179
202203 97.549 114.825 112.840
202206 108.885 118.384 122.167
202209 116.616 122.296 126.655
202212 114.037 126.365 119.866
202303 112.579 127.042 117.703
202306 121.313 129.407 124.517
202309 122.686 130.224 125.136
202312 115.829 131.912 116.630
202403 126.687 132.205 127.280
202406 121.177 132.716 121.276
202409 121.981 132.304 122.461
202412 130.996 132.987 130.836
202503 124.954 132.825 124.954

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


SKF AB  (OSTO:SKF B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=210.80/98.51
=2.14

* 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 SKF AB was 4.23. The lowest was 1.74. And the median was 3.04.


Be Aware

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


SKF AB Cyclically Adjusted Book per Share Related Terms

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


SKF AB Business Description

Industry
Address
Sven Wingquists Gata 2, Gothenburg, SWE, SE-415 50
SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.

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