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SpectrumOne AB (OSTO:SPEONE) Cyclically Adjusted Book per Share : kr1.30 (As of Mar. 2024)


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What is SpectrumOne 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.

SpectrumOne AB's adjusted book value per share for the three months ended in Mar. 2024 was kr-0.023. 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 kr1.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SpectrumOne AB's average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 3 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 SpectrumOne AB was -1.20% per year. The lowest was -1.20% per year. And the median was -1.20% per year.

As of today (2024-06-23), SpectrumOne AB's current stock price is kr0.443. SpectrumOne AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr1.30. SpectrumOne AB's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SpectrumOne AB was 3.04. The lowest was 0.18. And the median was 0.62.


SpectrumOne AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for SpectrumOne 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.

SpectrumOne AB Cyclically Adjusted Book per Share Chart

SpectrumOne 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 - 1.38 1.33 1.33 1.33

SpectrumOne 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 1.31 1.28 1.29 1.33 1.30

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

For the Software - Application subindustry, SpectrumOne 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.


SpectrumOne AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SpectrumOne AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SpectrumOne 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, SpectrumOne 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)
=-0.023/132.2054*132.2054
=-0.023

Current CPI (Mar. 2024) = 132.2054.

SpectrumOne AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.183 100.432 0.241
201409 0.266 100.161 0.351
201412 -0.227 100.225 -0.299
201503 -0.074 99.950 -0.098
201506 3.245 99.995 4.290
201509 4.573 100.228 6.032
201512 3.152 100.276 4.156
201603 2.755 100.751 3.615
201606 2.231 101.019 2.920
201609 1.966 101.138 2.570
201612 2.020 102.022 2.618
201703 1.716 102.022 2.224
201706 1.598 102.752 2.056
201709 1.844 103.279 2.360
201712 1.783 103.793 2.271
201803 1.482 103.962 1.885
201806 1.686 104.875 2.125
201809 1.507 105.679 1.885
201812 1.083 105.912 1.352
201903 0.852 105.886 1.064
201906 1.031 106.742 1.277
201909 0.375 107.214 0.462
201912 0.036 107.766 0.044
202003 0.147 106.563 0.182
202006 0.192 107.498 0.236
202009 0.216 107.635 0.265
202012 0.505 108.296 0.616
202103 0.569 108.360 0.694
202106 0.789 108.928 0.958
202109 0.792 110.338 0.949
202112 0.602 112.486 0.708
202203 0.546 114.825 0.629
202206 0.332 118.384 0.371
202209 0.332 122.296 0.359
202212 0.262 126.365 0.274
202303 0.177 127.042 0.184
202306 0.092 129.407 0.094
202309 0.043 130.224 0.044
202312 0.002 131.912 0.002
202403 -0.023 132.205 -0.023

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


SpectrumOne AB  (OSTO:SPEONE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.443/1.3
=0.34

* 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 SpectrumOne AB was 3.04. The lowest was 0.18. 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.


SpectrumOne AB Cyclically Adjusted Book per Share Related Terms

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


SpectrumOne AB (OSTO:SPEONE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SpectrumOne AB (OSTO:SPEONE) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Karlavagen 60, Stockholm, SWE, 114 49
SpectrumOne AB is a Big Data Management Platform. It has offices in Sweden, Norway, and Belgium.

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