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Electrolux AB (STU:ELXC) Cyclically Adjusted Book per Share : €5.62 (As of Mar. 2024)


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What is Electrolux 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.

Electrolux AB's adjusted book value per share for the three months ended in Mar. 2024 was €3.593. 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 €5.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Electrolux AB's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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 Electrolux AB was 9.80% per year. The lowest was -6.80% per year. And the median was 1.60% per year.

As of today (2024-06-25), Electrolux AB's current stock price is €8.114. Electrolux AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.62. Electrolux AB's Cyclically Adjusted PB Ratio of today is 1.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Electrolux AB was 4.27. The lowest was 1.33. And the median was 2.69.


Electrolux AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Electrolux 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.

Electrolux AB Cyclically Adjusted Book per Share Chart

Electrolux 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 7.47 6.45 5.74 5.74 6.21

Electrolux 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 5.84 5.75 5.96 6.21 5.62

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

For the Furnishings, Fixtures & Appliances subindustry, Electrolux 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.


Electrolux AB's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Electrolux AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Electrolux 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, Electrolux 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)
=3.593/132.2054*132.2054
=3.593

Current CPI (Mar. 2024) = 132.2054.

Electrolux AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.041 100.432 6.636
201409 5.808 100.161 7.666
201412 6.102 100.225 8.049
201503 5.841 99.950 7.726
201506 6.041 99.995 7.987
201509 5.894 100.228 7.774
201512 5.632 100.276 7.425
201603 5.223 100.751 6.854
201606 5.180 101.019 6.779
201609 5.711 101.138 7.465
201612 6.344 102.022 8.221
201703 6.084 102.022 7.884
201706 6.177 102.752 7.948
201709 6.686 103.279 8.559
201712 7.170 103.793 9.133
201803 7.442 103.962 9.464
201806 6.795 104.875 8.566
201809 6.896 105.679 8.627
201812 7.362 105.912 9.190
201903 7.544 105.886 9.419
201906 6.909 106.742 8.557
201909 6.956 107.214 8.577
201912 7.492 107.766 9.191
202003 5.897 106.563 7.316
202006 5.666 107.498 6.968
202009 6.625 107.635 8.137
202012 6.396 108.296 7.808
202103 6.742 108.360 8.226
202106 7.371 108.928 8.946
202109 5.986 110.338 7.172
202112 6.399 112.486 7.521
202203 6.102 114.825 7.026
202206 7.080 118.384 7.907
202209 6.910 122.296 7.470
202212 5.539 126.365 5.795
202303 5.264 127.042 5.478
202306 5.453 129.407 5.571
202309 5.224 130.224 5.304
202312 3.730 131.912 3.738
202403 3.593 132.205 3.593

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


Electrolux AB  (STU:ELXC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.114/5.62
=1.44

* 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 Electrolux AB was 4.27. The lowest was 1.33. And the median was 2.69.


Be Aware

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


Electrolux AB Cyclically Adjusted Book per Share Related Terms

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


Electrolux AB (STU:ELXC) Business Description

Address
Street Goransgatan 143, Stadshagen, Stockholm, SWE, SE-105 45
Electrolux AB is a Sweden-based company that is principally engaged in manufacturing home appliances and appliances for professional use. Its products are categorized into kitchen products, laundry products, small appliances, professional kitchen products, professional laundry products, and adjacent products, with kitchen products accounting for more than half of total revenue. The company's brands include Electrolux, AEG, Zanussi, Frigidaire, and Electrolux Grand Cuisine. The company has a business presence, including North America, Europe, Latin America, Africa, the Middle East, and Asia, with North America and Europe jointly contributing over half of the total revenue.

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