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Saab AB (Saab AB) Cyclically Adjusted Book per Share : $11.61 (As of Mar. 2024)


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What is Saab 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.

Saab AB's adjusted book value per share for the three months ended in Mar. 2024 was $5.890. 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 $11.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saab AB's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% 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 Saab AB was 14.10% per year. The lowest was 8.50% per year. And the median was 12.00% per year.

As of today (2024-05-21), Saab AB's current stock price is $23.44. Saab AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.61. Saab AB's Cyclically Adjusted PB Ratio of today is 2.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saab AB was 1.95. The lowest was 0.56. And the median was 0.95.


Saab AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saab 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.

Saab AB Cyclically Adjusted Book per Share Chart

Saab 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 8.46 10.50 10.44 11.31 12.30

Saab 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 11.59 11.25 11.14 12.30 11.61

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

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Saab 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, Saab 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)
=5.89/132.2054*132.2054
=5.890

Current CPI (Mar. 2024) = 132.2054.

Saab AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.961 100.432 19.694
201409 13.407 100.161 17.696
201412 2.997 100.225 3.953
201503 11.526 99.950 15.246
201506 12.469 99.995 16.486
201509 11.973 100.228 15.793
201512 3.051 100.276 4.022
201603 13.320 100.751 17.478
201606 12.607 101.019 16.499
201609 12.340 101.138 16.131
201612 2.869 102.022 3.718
201703 13.332 102.022 17.276
201706 13.174 102.752 16.950
201709 14.885 103.279 19.054
201712 3.359 103.793 4.279
201803 0.000 103.962 0.000
201806 13.253 104.875 16.707
201809 12.771 105.679 15.977
201812 4.026 105.912 5.025
201903 4.092 105.886 5.109
201906 3.838 106.742 4.754
201909 14.729 107.214 18.162
201912 4.095 107.766 5.024
202003 16.344 106.563 20.277
202006 17.188 107.498 21.139
202009 17.268 107.635 21.210
202012 4.988 108.296 6.089
202103 19.617 108.360 23.934
202106 20.068 108.928 24.357
202109 4.929 110.338 5.906
202112 4.946 112.486 5.813
202203 19.744 114.825 22.732
202206 20.085 118.384 22.430
202209 18.996 122.296 20.535
202212 5.361 126.365 5.609
202303 21.532 127.042 22.407
202306 21.505 129.407 21.970
202309 5.354 130.224 5.435
202312 5.860 131.912 5.873
202403 5.890 132.205 5.890

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


Saab AB  (OTCPK:SAABF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.44/11.61
=2.02

* 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 Saab AB was 1.95. The lowest was 0.56. And the median was 0.95.


Be Aware

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


Saab AB Cyclically Adjusted Book per Share Related Terms

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


Saab AB (Saab AB) Business Description

Industry
Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (Saab AB) Headlines

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