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Svolder AB (STU:SKD) Cyclically Adjusted Book per Share : €2.23 (As of May. 2024)


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What is Svolder 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.

Svolder AB's adjusted book value per share for the three months ended in May. 2024 was €5.303. 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 €2.23 for the trailing ten years ended in May. 2024.

During the past 12 months, Svolder AB's average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.10% 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 Svolder AB was 26.10% per year. The lowest was 14.50% per year. And the median was 19.40% per year.

As of today (2024-06-21), Svolder AB's current stock price is €5.56. Svolder AB's Cyclically Adjusted Book per Share for the quarter that ended in May. 2024 was €2.23. Svolder AB's Cyclically Adjusted PB Ratio of today is 2.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Svolder AB was 5.54. The lowest was 1.24. And the median was 2.27.


Svolder AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Svolder 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.

Svolder AB Cyclically Adjusted Book per Share Chart

Svolder AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.84 1.89 2.30 2.30

Svolder AB Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 2.06 2.30 2.59 2.63 2.23

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

For the Asset Management subindustry, Svolder 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.


Svolder AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Svolder AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of May. 2024 (Change)*Current CPI (May. 2024)
=5.303/132.6011*132.6011
=5.303

Current CPI (May. 2024) = 132.6011.

Svolder AB Quarterly Data

Book Value per Share CPI Adj_Book
201408 1.396 100.001 1.851
201411 1.395 100.068 1.849
201502 1.515 99.867 2.012
201505 1.603 100.285 2.120
201508 1.513 99.829 2.010
201511 1.764 100.129 2.336
201602 1.721 100.253 2.276
201605 1.945 100.914 2.556
201608 2.245 100.968 2.948
201611 2.212 101.517 2.889
201702 2.660 102.037 3.457
201705 2.820 102.679 3.642
201708 2.878 103.138 3.700
201711 2.704 103.413 3.467
201802 2.696 103.678 3.448
201805 2.768 104.632 3.508
201808 2.905 105.197 3.662
201811 2.486 105.443 3.126
201902 2.669 105.641 3.350
201905 2.804 106.895 3.478
201908 2.777 106.716 3.451
201911 3.082 107.345 3.807
202002 3.005 106.742 3.733
202005 2.741 106.882 3.401
202008 3.492 107.571 4.305
202011 3.885 107.549 4.790
202102 4.670 108.190 5.724
202105 5.593 108.838 6.814
202108 6.805 109.780 8.220
202111 7.135 111.069 8.518
202202 5.505 112.834 6.469
202205 5.678 116.746 6.449
202208 5.448 120.573 5.991
202211 5.233 123.803 5.605
202302 5.108 126.321 5.362
202305 5.090 128.034 5.272
202308 4.340 129.560 4.442
202311 4.184 130.958 4.237
202402 4.896 132.046 4.917
202405 5.303 132.601 5.303

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


Svolder AB  (STU:SKD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.56/2.23
=2.49

* 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 Svolder AB was 5.54. The lowest was 1.24. And the median was 2.27.


Be Aware

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


Svolder AB Cyclically Adjusted Book per Share Related Terms

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


Svolder AB (STU:SKD) Business Description

Industry
Traded in Other Exchanges
Address
Birger Jarlsgatan 13 Box 70431, Stockholm, SWE, SE-107 25
Svolder AB is an investment trust. The company holds investments in small to medium-sized publically traded Swedish companies. It has stakes in GARO, Troax, Nordic Waterproofing, New Wave Group, FM Mattsson Mora, Beijer Electronics Group, Platzer Fastigheter, Scandic Hotels, XANO, ITAB Shop Concept, Elanders, Boule Diagnostics and Elos Medtech.

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