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SAS AB (SAS AB) Cyclically Adjusted Book per Share : $0.01 (As of Apr. 2024)


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What is SAS 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.

SAS AB's adjusted book value per share for the three months ended in Apr. 2024 was $-0.146. 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 $0.01 for the trailing ten years ended in Apr. 2024.

During the past 12 months, SAS AB's average Cyclically Adjusted Book Growth Rate was -13.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -16.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -16.90% 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 SAS AB was -16.70% per year. The lowest was -17.80% per year. And the median was -17.00% per year.

As of today (2024-06-09), SAS AB's current stock price is $0.0001. SAS AB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $0.01. SAS AB's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SAS AB was 0.84. The lowest was 0.01. And the median was 0.32.


SAS AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for SAS 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.

SAS AB Cyclically Adjusted Book per Share Chart

SAS AB Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.69 0.59 0.60 0.73

SAS AB Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.14 0.09 0.73 0.21 0.01

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

For the Airlines subindustry, SAS 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.


SAS AB's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



SAS 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, SAS AB's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-0.146/132.2054*132.2054
=-0.146

Current CPI (Apr. 2024) = 132.2054.

SAS AB Quarterly Data

Book Value per Share CPI Adj_Book
201407 0.729 100.104 0.963
201410 0.554 100.215 0.731
201501 0.446 99.172 0.595
201504 0.417 99.941 0.552
201507 0.604 100.027 0.798
201510 0.626 100.301 0.825
201601 0.466 99.931 0.617
201604 0.473 100.732 0.621
201607 0.493 101.080 0.645
201610 0.560 101.485 0.730
201701 0.563 101.326 0.735
201704 0.485 102.615 0.625
201707 0.662 103.301 0.847
201710 0.808 103.202 1.035
201801 0.793 102.925 1.019
201804 0.502 104.390 0.636
201807 0.543 105.420 0.681
201810 0.569 105.545 0.713
201901 0.373 104.855 0.470
201904 0.255 106.627 0.316
201907 0.231 107.166 0.285
201910 0.389 107.243 0.480
202001 0.330 106.215 0.411
202004 -0.005 106.240 -0.006
202007 -0.108 107.731 -0.133
202010 0.156 107.539 0.192
202101 0.158 107.897 0.194
202104 0.135 108.624 0.164
202107 0.112 109.218 0.136
202110 0.102 110.562 0.122
202201 0.057 111.876 0.067
202204 0.031 115.534 0.035
202207 0.018 118.489 0.020
202210 0.009 122.561 0.010
202301 -0.034 124.942 -0.036
202304 -0.067 127.632 -0.069
202307 -0.057 129.464 -0.058
202310 -0.076 130.549 -0.077
202401 -0.111 131.720 -0.111
202404 -0.146 132.205 -0.146

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


SAS AB  (OTCPK:SASDQ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0001/0.01
=0.01

* 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 SAS AB was 0.84. The lowest was 0.01. And the median was 0.32.


Be Aware

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


SAS AB Cyclically Adjusted Book per Share Related Terms

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


SAS AB (SAS AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAS AB (OTCPK:SASDQ) » Definitions » Cyclically Adjusted Book per Share
Address
Frosundaviks Alle 1, Solna, Stockholm, SWE, SE-195 87
SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.

SAS AB (SAS AB) Headlines

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