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Yara International ASA (OSTO:YARO) Cyclically Adjusted Book per Share : kr319.79 (As of Mar. 2024)


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What is Yara International 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.

Yara International ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr308.665. 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 kr319.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yara International ASA's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Yara International ASA was 8.70% per year. The lowest was 7.00% per year. And the median was 8.30% per year.

As of today (2024-05-16), Yara International ASA's current stock price is kr321.30. Yara International ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr319.79. Yara International ASA's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yara International ASA was 2.06. The lowest was 0.97. And the median was 1.57.


Yara International ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yara International 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.

Yara International ASA Cyclically Adjusted Book per Share Chart

Yara International 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 237.76 245.46 275.54 300.69 324.16

Yara International ASA 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 308.43 315.30 316.90 324.16 319.79

Competitive Comparison of Yara International ASA's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Yara International 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.


Yara International ASA's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yara International ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yara International 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, Yara International ASA'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)
=308.665/132.6000*132.6000
=308.665

Current CPI (Mar. 2024) = 132.6000.

Yara International ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 196.045 97.500 266.621
201409 201.945 98.500 271.857
201412 226.546 98.600 304.665
201503 238.901 99.200 319.337
201506 236.496 100.100 313.280
201509 257.198 100.600 339.010
201512 266.640 100.900 350.411
201603 273.509 102.500 353.827
201606 263.056 103.800 336.043
201609 261.945 104.200 333.339
201612 270.967 104.400 344.159
201703 277.539 105.000 350.492
201706 272.359 105.800 341.350
201709 262.020 105.900 328.082
201712 280.844 106.100 350.989
201803 268.811 107.300 332.193
201806 259.355 108.500 316.963
201809 266.360 109.500 322.551
201812 274.671 109.800 331.707
201903 277.976 110.400 333.873
201906 281.390 110.600 337.363
201909 280.702 111.100 335.023
201912 293.985 111.300 350.246
202003 301.993 111.200 360.110
202006 282.009 112.100 333.581
202009 281.693 112.900 330.846
202012 269.522 112.900 316.551
202103 258.811 114.600 299.462
202106 262.290 115.300 301.645
202109 240.144 117.500 271.005
202112 250.472 118.900 279.332
202203 281.154 119.800 311.194
202206 294.279 122.600 318.282
202209 314.133 125.600 331.640
202212 333.065 125.900 350.790
202303 361.212 127.600 375.366
202306 304.277 130.400 309.411
202309 300.699 129.800 307.186
202312 312.764 131.900 314.424
202403 308.665 132.600 308.665

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


Yara International ASA  (OSTO:YARo) 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.

Yara International ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=321.30/319.79
=1.00

* 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 Yara International ASA was 2.06. The lowest was 0.97. And the median was 1.57.


Be Aware

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


Yara International ASA Cyclically Adjusted Book per Share Related Terms

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


Yara International ASA (OSTO:YARO) Business Description

Address
Drammensveien 131, Oslo, NOR, 0277
Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

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