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KMC Properties ASA (OSTO:STORMO) Cyclically Adjusted Book per Share : kr26.31 (As of Jun. 2024)


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What is KMC Properties ASA 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.

KMC Properties ASA's adjusted book value per share for the three months ended in Jun. 2024 was kr7.334. 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 kr26.31 for the trailing ten years ended in Jun. 2024.

During the past 12 months, KMC Properties ASA's average Cyclically Adjusted Book Growth Rate was -24.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.80% 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 KMC Properties ASA was -7.70% per year. The lowest was -13.80% per year. And the median was -10.75% per year.

As of today (2024-09-22), KMC Properties ASA's current stock price is kr1.25948. KMC Properties ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was kr26.31. KMC Properties ASA's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KMC Properties ASA was 0.11. The lowest was 0.01. And the median was 0.03.


KMC Properties ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for KMC Properties ASA'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.

KMC Properties ASA Cyclically Adjusted Book per Share Chart

KMC Properties ASA 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 243.53 30.02 44.89 63.50 25.37

KMC Properties ASA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 69.01 67.23 25.37 19.80 26.31

Competitive Comparison of KMC Properties ASA's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, KMC Properties ASA'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.


KMC Properties ASA's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KMC Properties ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KMC Properties ASA's Cyclically Adjusted PB Ratio falls into.



KMC Properties ASA 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, KMC Properties ASA's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=7.334/133.8000*133.8000
=7.334

Current CPI (Jun. 2024) = 133.8000.

KMC Properties ASA Quarterly Data

Book Value per Share CPI Adj_Book
201309 75.308 96.400 104.525
201312 78.678 96.600 108.976
201403 78.778 97.300 108.330
201406 72.052 97.500 98.878
201409 61.520 98.500 83.567
201412 47.968 98.600 65.092
201503 48.691 99.200 65.674
201506 40.580 100.100 54.242
201509 34.901 100.600 46.419
201512 32.169 100.900 42.658
201603 26.493 102.500 34.583
201606 12.160 103.800 15.674
201609 11.715 104.200 15.043
201612 15.769 104.400 20.210
201703 19.583 105.000 24.954
201706 16.568 105.800 20.953
201709 10.282 105.900 12.991
201712 9.289 106.100 11.714
201803 8.374 107.300 10.442
201806 3.955 108.500 4.877
201812 2.601 109.800 3.170
201906 3.985 110.600 4.821
201912 4.712 111.300 5.665
202006 10.962 112.100 13.084
202009 0.000 112.900 0.000
202012 5.163 112.900 6.119
202103 5.162 114.600 6.027
202106 5.484 115.300 6.364
202109 6.162 117.500 7.017
202112 6.510 118.900 7.326
202203 6.508 119.800 7.269
202206 6.995 122.600 7.634
202209 7.111 125.600 7.575
202212 7.339 125.900 7.800
202303 7.529 127.600 7.895
202306 7.558 130.400 7.755
202309 7.197 129.800 7.419
202312 7.100 131.900 7.202
202403 7.261 132.600 7.327
202406 7.334 133.800 7.334

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


KMC Properties ASA  (OSTO:STORMO) 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.

KMC Properties ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.25948/26.31
=0.05

* 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 KMC Properties ASA was 0.11. The lowest was 0.01. And the median was 0.03.


Be Aware

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


KMC Properties ASA Cyclically Adjusted Book per Share Related Terms

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


KMC Properties ASA Business Description

Industry
Traded in Other Exchanges
Address
Dyre Halses gate 1a, Trondheim, NOR, 7042
KMC Properties ASA is a real estate company whose business strategy is to invest in high-yield industrial and logistical properties, primarily in the light industry and warehouse segment. The company has a diversified portfolio of properties in the Nordics and the Netherlands. The company's portfolio consisted of 61 industrial and logistics properties in the Nordics and the Netherlands. The company's four largest tenants are BEWI ASA, Insula AS, Grontvedt Group, and Scana ASA.

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