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SKF AB (SKF AB) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is SKF 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.

SKF AB's adjusted book value per share for the three months ended in Mar. 2024 was $12.168. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SKF AB's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.30% 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 SKF AB was 13.90% per year. The lowest was 6.80% per year. And the median was 7.40% per year.

As of today (2024-04-30), SKF AB's current stock price is $21.025. SKF AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. SKF AB's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SKF AB was 4.23. The lowest was 1.93. And the median was 3.18.


SKF AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for SKF 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.

SKF AB Cyclically Adjusted Book per Share Chart

SKF 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 6.06 7.30 7.42 7.74 8.92

SKF 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 8.01 7.94 8.01 8.92 -

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

For the Tools & Accessories subindustry, SKF 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.


SKF AB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



SKF 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, SKF 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)
=12.168/130.9575*130.9575
=12.168

Current CPI (Mar. 2024) = 130.9575.

SKF AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.640 100.432 8.658
201409 6.702 100.161 8.763
201412 6.647 100.225 8.685
201503 6.285 99.950 8.235
201506 6.535 99.995 8.559
201509 6.372 100.228 8.326
201512 6.416 100.276 8.379
201603 6.459 100.751 8.395
201606 5.866 101.019 7.604
201609 6.114 101.138 7.917
201612 6.210 102.022 7.971
201703 6.859 102.022 8.804
201706 6.518 102.752 8.307
201709 7.210 103.279 9.142
201712 7.336 103.793 9.256
201803 8.286 103.962 10.438
201806 7.808 104.875 9.750
201809 7.888 105.679 9.775
201812 8.156 105.912 10.085
201903 8.442 105.886 10.441
201906 7.897 106.742 9.689
201909 7.858 107.214 9.598
201912 8.268 107.766 10.047
202003 8.424 106.563 10.352
202006 8.204 107.498 9.994
202009 8.709 107.635 10.596
202012 9.009 108.296 10.894
202103 10.069 108.360 12.169
202106 9.930 108.928 11.938
202109 10.306 110.338 12.232
202112 10.545 112.486 12.277
202203 10.198 114.825 11.631
202206 10.851 118.384 12.004
202209 10.689 122.296 11.446
202212 10.988 126.365 11.387
202303 10.746 127.042 11.077
202306 11.265 129.407 11.400
202309 11.068 130.224 11.130
202312 11.292 130.958 11.292
202403 12.168 130.958 12.168

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


SKF AB  (OTCPK:SKFRY) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SKF AB was 4.23. The lowest was 1.93. And the median was 3.18.


Be Aware

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


SKF AB Cyclically Adjusted Book per Share Related Terms

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


SKF AB (SKF AB) Business Description

Industry
Address
Sven Wingquists Gata 2, Gothenburg, SWE, SE-415 50
SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.