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Sweco AB (OSTO:SWEC B) Cyclically Adjusted Book per Share : kr22.05 (As of Mar. 2024)


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What is Sweco 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.

Sweco AB's adjusted book value per share for the three months ended in Mar. 2024 was kr31.715. 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 kr22.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sweco AB's average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.20% 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 Sweco AB was 20.20% per year. The lowest was 15.30% per year. And the median was 18.00% per year.

As of today (2024-06-09), Sweco AB's current stock price is kr146.10. Sweco AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr22.05. Sweco AB's Cyclically Adjusted PB Ratio of today is 6.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sweco AB was 15.15. The lowest was 4.71. And the median was 8.21.


Sweco AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sweco 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.

Sweco AB Cyclically Adjusted Book per Share Chart

Sweco 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 10.76 12.26 14.59 18.35 21.28

Sweco 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 19.17 19.62 20.54 21.28 22.05

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

For the Engineering & Construction subindustry, Sweco 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.


Sweco AB's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Sweco 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, Sweco 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)
=31.715/132.2054*132.2054
=31.715

Current CPI (Mar. 2024) = 132.2054.

Sweco AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.631 100.432 7.412
201409 5.903 100.161 7.792
201412 6.606 100.225 8.714
201503 7.097 99.950 9.387
201506 6.518 99.995 8.618
201509 6.034 100.228 7.959
201512 13.661 100.276 18.011
201603 13.968 100.751 18.329
201606 13.584 101.019 17.778
201609 14.292 101.138 18.682
201612 15.123 102.022 19.597
201703 15.940 102.022 20.656
201706 14.963 102.752 19.252
201709 15.149 103.279 19.392
201712 16.294 103.793 20.754
201803 17.727 103.962 22.543
201806 16.978 104.875 21.403
201809 17.337 105.679 21.689
201812 17.534 105.912 21.887
201903 19.035 105.886 23.766
201906 18.136 106.742 22.462
201909 19.112 107.214 23.567
201912 20.244 107.766 24.835
202003 19.913 106.563 24.705
202006 21.092 107.498 25.940
202009 22.019 107.635 27.045
202012 21.250 108.296 25.942
202103 22.764 108.360 27.774
202106 21.587 108.928 26.200
202109 22.418 110.338 26.861
202112 24.040 112.486 28.254
202203 25.543 114.825 29.409
202206 24.728 118.384 27.615
202209 25.671 122.296 27.751
202212 27.715 126.365 28.996
202303 29.488 127.042 30.687
202306 28.835 129.407 29.459
202309 29.228 130.224 29.673
202312 29.487 131.912 29.553
202403 31.715 132.205 31.715

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


Sweco AB  (OSTO:SWEC 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=146.10/22.05
=6.63

* 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 Sweco AB was 15.15. The lowest was 4.71. And the median was 8.21.


Be Aware

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


Sweco AB Cyclically Adjusted Book per Share Related Terms

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


Sweco AB (OSTO:SWEC B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sweco AB (OSTO:SWEC B) » Definitions » Cyclically Adjusted Book per Share
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Address
Gjorwellsgatan 22, Box 34044, Stockholm, SWE, SE-100 26
Sweco AB offers consulting, engineering services, technology, and architecture. It designs buildings, city districts, and transportation infrastructure to meet customers' needs. The company's planning and project management capabilities help to supply forecasts and site supervision. Part of the process focuses on providing the right conditions and climate for people to live and work in. Modern technical solutions help supply clean water, reliable energy supply, and resource-efficient industrial facilities to transform structures. The company's segments are sorted geographically: Sweden, Norway, Finland, Denmark, the Netherlands, Belgium, United Kingdom, and Germany and Central Europe. The largest portion of sales derives from Sweden, and the region is a focal point for profitability.

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