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SRV Yhtiot Oyj (STU:B7J1) Cyclically Adjusted Book per Share : €65.72 (As of Mar. 2024)


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What is SRV Yhtiot Oyj 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.

SRV Yhtiot Oyj's adjusted book value per share for the three months ended in Mar. 2024 was €8.224. 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 €65.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SRV Yhtiot Oyj's average Cyclically Adjusted Book Growth Rate was -12.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.90% 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 SRV Yhtiot Oyj was -3.00% per year. The lowest was -5.00% per year. And the median was -3.40% per year.

As of today (2024-06-23), SRV Yhtiot Oyj's current stock price is €5.22. SRV Yhtiot Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €65.72. SRV Yhtiot Oyj's Cyclically Adjusted PB Ratio of today is 0.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SRV Yhtiot Oyj was 0.63. The lowest was 0.04. And the median was 0.17.


SRV Yhtiot Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for SRV Yhtiot Oyj'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.

SRV Yhtiot Oyj Cyclically Adjusted Book per Share Chart

SRV Yhtiot Oyj 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 94.90 78.15 86.21 71.50 68.15

SRV Yhtiot Oyj 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 74.02 70.76 68.88 68.15 65.72

Competitive Comparison of SRV Yhtiot Oyj's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, SRV Yhtiot Oyj'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.


SRV Yhtiot Oyj's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, SRV Yhtiot Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SRV Yhtiot Oyj's Cyclically Adjusted PB Ratio falls into.



SRV Yhtiot Oyj 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, SRV Yhtiot Oyj'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)
=8.224/122.3600*122.3600
=8.224

Current CPI (Mar. 2024) = 122.3600.

SRV Yhtiot Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 94.708 100.147 115.715
201409 97.095 100.726 117.949
201412 95.642 100.229 116.760
201503 96.135 100.120 117.490
201506 95.695 100.030 117.057
201509 83.573 100.130 102.127
201512 85.360 99.990 104.457
201603 87.081 100.080 106.467
201606 87.050 100.390 106.101
201609 88.939 100.540 108.241
201612 91.674 101.020 111.040
201703 92.998 100.910 112.766
201706 84.141 101.140 101.794
201709 84.909 101.320 102.541
201712 87.652 101.510 105.656
201803 81.957 101.730 98.577
201806 78.359 102.320 93.706
201809 74.669 102.600 89.050
201812 72.692 102.710 86.599
201903 73.961 102.870 87.974
201906 83.126 103.360 98.407
201909 79.866 103.540 94.383
201912 54.617 103.650 64.476
202003 48.405 103.490 57.231
202006 20.157 103.320 23.872
202009 18.724 103.710 22.091
202012 17.599 103.890 20.728
202103 17.668 104.870 20.615
202106 17.955 105.360 20.852
202109 17.783 106.290 20.472
202112 15.705 107.490 17.878
202203 2.542 110.950 2.803
202206 8.292 113.570 8.934
202209 8.602 114.920 9.159
202212 8.631 117.320 9.002
202303 8.437 119.750 8.621
202306 8.018 120.690 8.129
202309 8.195 121.280 8.268
202312 8.187 121.540 8.242
202403 8.224 122.360 8.224

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


SRV Yhtiot Oyj  (STU:B7J1) 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.

SRV Yhtiot Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.22/65.72
=0.08

* 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 SRV Yhtiot Oyj was 0.63. The lowest was 0.04. And the median was 0.17.


Be Aware

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


SRV Yhtiot Oyj Cyclically Adjusted Book per Share Related Terms

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


SRV Yhtiot Oyj (STU:B7J1) Business Description

Industry
Traded in Other Exchanges
Address
Tarvonsalmenkatu 15, Derby Business Park, Espoo, FIN, 02600
SRV Yhtiöt Oyj develops and constructs residential, business, industrial, and logistics projects. The company operates in two segments: Construction and Investments. Its services include housing construction, commercial construction, infrastructure construction, development services, and real estate investment. Nearly all of its revenue comes from the Construction segment.

SRV Yhtiot Oyj (STU:B7J1) Headlines

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