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Millicom International Cellular (OSTO:TIGO SDB) Cyclically Adjusted Book per Share : kr264.80 (As of Dec. 2024)


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What is Millicom International Cellular 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.

Millicom International Cellular's adjusted book value per share for the three months ended in Dec. 2024 was kr234.104. 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 kr264.80 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Millicom International Cellular's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 Millicom International Cellular was 59.30% per year. The lowest was -14.80% per year. And the median was 15.55% per year.

As of today (2025-05-04), Millicom International Cellular's current stock price is kr300.00. Millicom International Cellular's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was kr264.80. Millicom International Cellular's Cyclically Adjusted PB Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Millicom International Cellular was 4.41. The lowest was 0.46. And the median was 1.48.


Millicom International Cellular Cyclically Adjusted Book per Share Historical Data

The historical data trend for Millicom International Cellular'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.

Millicom International Cellular Cyclically Adjusted Book per Share Chart

Millicom International Cellular 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 182.75 203.27 245.15 243.04 264.80

Millicom International Cellular Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 243.04 265.44 259.58 248.95 264.80

Competitive Comparison of Millicom International Cellular's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Millicom International Cellular'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.


Millicom International Cellular's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Millicom International Cellular's Cyclically Adjusted PB Ratio falls into.


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Millicom International Cellular 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, Millicom International Cellular's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=234.104/133.1571*133.1571
=234.104

Current CPI (Dec. 2024) = 133.1571.

Millicom International Cellular Quarterly Data

Book Value per Share CPI Adj_Book
201503 145.543 99.621 194.538
201506 113.442 100.684 150.030
201509 104.566 100.392 138.694
201512 231.473 99.792 308.864
201603 231.394 100.470 306.675
201606 216.686 101.688 283.743
201609 224.740 101.861 293.790
201612 228.131 101.863 298.218
201703 223.945 102.862 289.901
201706 197.508 103.349 254.473
201709 184.862 104.136 236.381
201712 202.883 104.011 259.735
201803 205.193 105.290 259.503
201806 196.769 106.317 246.444
201809 202.992 106.507 253.785
201812 178.737 105.998 224.534
201903 184.759 107.251 229.388
201906 171.141 108.070 210.870
201909 163.678 108.329 201.191
201912 176.419 108.420 216.671
202003 167.057 108.902 204.266
202006 152.147 108.767 186.264
202009 141.429 109.815 171.491
202012 133.566 109.897 161.836
202103 135.879 111.754 161.902
202106 128.969 114.631 149.812
202109 132.326 115.734 152.247
202112 183.953 117.630 208.236
202203 196.799 121.301 216.034
202206 210.486 125.017 224.192
202209 225.812 125.227 240.113
202212 218.937 125.222 232.811
202303 222.312 127.348 232.453
202306 227.778 128.729 235.614
202309 235.094 129.860 241.064
202312 210.796 129.419 216.884
202403 218.874 131.776 221.168
202406 225.164 132.554 226.189
202409 227.010 133.029 227.229
202412 234.104 133.157 234.104

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


Millicom International Cellular  (OSTO:TIGO SDB) 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.

Millicom International Cellular's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=300.00/264.80
=1.13

* 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 Millicom International Cellular was 4.41. The lowest was 0.46. And the median was 1.48.


Be Aware

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


Millicom International Cellular Cyclically Adjusted Book per Share Related Terms

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


Millicom International Cellular Business Description

Traded in Other Exchanges
Address
8400 NW 36th Street, Suite 530, Doral, FL, USA, 33166
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 120 million people, serving 42 million customers. Its fixed-line networks reach 14 million homes, serving about 4 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm has agreed to sell the majority of its wireless towers to SBA Communications for $975 million.

Millicom International Cellular Headlines

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