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Stora Enso Oyj (OSTO:STE R) Cyclically Adjusted Book per Share : kr126.78 (As of Mar. 2025)


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What is Stora Enso Oyj 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.

Stora Enso Oyj's adjusted book value per share for the three months ended in Mar. 2025 was kr144.212. 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 kr126.78 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Stora Enso Oyj's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Stora Enso Oyj was 11.60% per year. The lowest was -6.10% per year. And the median was -3.30% per year.

As of today (2025-07-10), Stora Enso Oyj's current stock price is kr103.10. Stora Enso Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr126.78. Stora Enso Oyj's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stora Enso Oyj was 2.44. The lowest was 0.63. And the median was 1.41.


Stora Enso Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stora Enso Oyj'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.

Stora Enso Oyj Cyclically Adjusted Book per Share Chart

Stora Enso Oyj 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 78.62 86.69 110.40 120.61 131.72

Stora Enso Oyj 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 127.41 127.15 128.09 131.72 126.78

Competitive Comparison of Stora Enso Oyj's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Stora Enso Oyj'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.


Stora Enso Oyj's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stora Enso Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stora Enso Oyj's Cyclically Adjusted PB Ratio falls into.


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Stora Enso Oyj 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, Stora Enso Oyj'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)
=144.212/123.0100*123.0100
=144.212

Current CPI (Mar. 2025) = 123.0100.

Stora Enso Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201506 58.744 100.030 72.239
201509 58.613 100.130 72.006
201512 63.215 99.990 77.769
201603 64.767 100.080 79.606
201606 64.979 100.390 79.620
201609 68.282 100.540 83.543
201612 71.502 101.020 87.067
201703 71.500 100.910 87.159
201706 69.386 101.140 84.390
201709 70.200 101.320 85.228
201712 75.665 101.510 91.691
201803 79.137 101.730 95.691
201806 78.785 102.320 94.716
201809 85.130 102.600 102.065
201812 87.464 102.710 104.751
201903 86.842 102.870 103.844
201906 90.590 103.360 107.812
201909 93.213 103.540 110.741
201912 98.728 103.650 117.169
202003 96.782 103.490 115.037
202006 96.310 103.320 114.664
202009 95.797 103.710 113.624
202012 113.633 103.890 134.546
202103 112.315 104.870 131.743
202106 118.094 105.360 137.877
202109 125.986 106.290 145.804
202112 139.119 107.490 159.206
202203 143.264 110.950 158.836
202206 152.655 113.570 165.344
202209 171.067 114.920 183.110
202212 174.701 117.320 183.174
202303 166.225 119.750 170.750
202306 163.720 120.690 166.867
202309 166.016 121.280 168.384
202312 155.815 121.540 157.700
202403 154.563 122.360 155.384
202406 153.649 122.230 154.629
202409 155.836 122.260 156.792
202412 147.870 122.390 148.619
202503 144.212 123.010 144.212

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


Stora Enso Oyj  (OSTO:STE R) 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.

Stora Enso Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=103.10/126.78
=0.81

* 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 Stora Enso Oyj was 2.44. The lowest was 0.63. And the median was 1.41.


Be Aware

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


Stora Enso Oyj Cyclically Adjusted Book per Share Related Terms

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


Stora Enso Oyj Business Description

Industry
Address
Katajanokanlaituri 4, P.O. Box 309, Helsinki, FIN, FI-00101
Stora Enso Oyj is a renewable materials company. It provides renewable products in packaging, biomaterials, and wooden construction, and private forest owners. Its operating segments are Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, and others. The Packaging Solutions division develops and sells premium fiber-based packaging products and services. Its high-end eco-friendly packaging products are used by brands across multiple market sectors, including the retail, e-commerce, and industrial sectors. Key revenue is generated from the Packaging Solutions segment.

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