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Sanoma Oyj (Sanoma Oyj) Cyclically Adjusted Book per Share : $1.76 (As of Mar. 2024)


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What is Sanoma 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.

Sanoma Oyj's adjusted book value per share for the three months ended in Mar. 2024 was $2.565. 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 $1.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sanoma Oyj's average Cyclically Adjusted Book Growth Rate was -3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.70% 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 Sanoma Oyj was -2.80% per year. The lowest was -6.30% per year. And the median was -5.20% per year.

As of today (2024-05-19), Sanoma Oyj's current stock price is $2.46. Sanoma Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.76. Sanoma Oyj's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sanoma Oyj was 3.08. The lowest was 1.27. And the median was 1.63.


Sanoma Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sanoma 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.

Sanoma Oyj Cyclically Adjusted Book per Share Chart

Sanoma 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 1.54 0.96 0.91 1.26 1.74

Sanoma 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 1.52 1.84 1.75 1.74 1.76

Competitive Comparison of Sanoma Oyj's Cyclically Adjusted Book per Share

For the Publishing subindustry, Sanoma 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.


Sanoma Oyj's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sanoma Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sanoma 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, Sanoma 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)
=2.565/122.3600*122.3600
=2.565

Current CPI (Mar. 2024) = 122.3600.

Sanoma Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.934 100.147 4.807
201409 3.815 100.726 4.634
201412 3.417 100.229 4.171
201503 2.847 100.120 3.479
201506 3.059 100.030 3.742
201509 2.939 100.130 3.591
201512 2.498 99.990 3.057
201603 2.473 100.080 3.024
201606 2.736 100.390 3.335
201609 2.898 100.540 3.527
201612 2.297 101.020 2.782
201703 1.325 100.910 1.607
201706 1.548 101.140 1.873
201709 1.982 101.320 2.394
201712 1.977 101.510 2.383
201803 1.833 101.730 2.205
201806 1.980 102.320 2.368
201809 2.223 102.600 2.651
201812 2.123 102.710 2.529
201903 1.859 102.870 2.211
201906 2.008 103.360 2.377
201909 2.166 103.540 2.560
201912 1.805 103.650 2.131
202003 1.472 103.490 1.740
202006 1.627 103.320 1.927
202009 2.580 103.710 3.044
202012 2.575 103.890 3.033
202103 2.447 104.870 2.855
202106 2.286 105.360 2.655
202109 2.603 106.290 2.997
202112 2.475 107.490 2.817
202203 2.343 110.950 2.584
202206 2.035 113.570 2.193
202209 2.202 114.920 2.345
202212 2.256 117.320 2.353
202303 2.634 119.750 2.691
202306 2.385 120.690 2.418
202309 2.700 121.280 2.724
202312 2.661 121.540 2.679
202403 2.565 122.360 2.565

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


Sanoma Oyj  (OTCPK:SWYBY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.46/1.76
=1.40

* 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 Sanoma Oyj was 3.08. The lowest was 1.27. And the median was 1.63.


Be Aware

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


Sanoma Oyj Cyclically Adjusted Book per Share Related Terms

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


Sanoma Oyj (Sanoma Oyj) Business Description

Traded in Other Exchanges
Address
Toolonlahdenkatu 2, Helsinki, FIN, 00100
Sanoma Oyj is an innovative and agile learning and media company. The group publishes magazines and newspapers along with educational learning literature and services. It operates in two segments: Learning and Media Finland. Sanoma's learning products and services enable teachers to develop the talents of every child to reach their full potential. The company offers printed and digital learning content as well as digital learning and teaching platforms for primary, secondary, and vocational education. The Finnish media business of Sanoma provides information, experiences, inspiration, and entertainment via multiple media platforms: newspapers, radio, television, events, magazines, online, and mobile channels. The company's publications include Helsingin Sanomat, IltaSanomat among others.

Sanoma Oyj (Sanoma Oyj) Headlines

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