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Salus (XLJU:SALR) Cyclically Adjusted Book per Share : €675.83 (As of Dec. 2024)


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What is Salus 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.

Salus's adjusted book value per share for the three months ended in Dec. 2024 was €790.467. 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 €675.83 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Salus's average Cyclically Adjusted Book Growth Rate was 4.40% 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.

As of today (2025-05-31), Salus's current stock price is €2400.00. Salus's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €675.83. Salus's Cyclically Adjusted PB Ratio of today is 3.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Salus was 3.55. The lowest was 2.20. And the median was 2.98.


Salus Cyclically Adjusted Book per Share Historical Data

The historical data trend for Salus'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.

Salus Cyclically Adjusted Book per Share Chart

Salus Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 647.31 675.83

Salus Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 647.31 661.25 666.86 671.64 675.83

Competitive Comparison of Salus's Cyclically Adjusted Book per Share

For the Medical Distribution subindustry, Salus'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.


Salus's Cyclically Adjusted PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Salus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Salus 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, Salus's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=790.467/133.1571*133.1571
=790.467

Current CPI (Dec. 2024) = 133.1571.

Salus Quarterly Data

Book Value per Share CPI Adj_Book
201503 492.040 99.621 657.678
201506 470.178 100.684 621.823
201509 483.099 100.392 640.772
201512 479.762 99.792 640.166
201603 494.149 100.470 654.914
201606 470.505 101.688 616.110
201609 482.644 101.861 630.933
201612 483.842 101.863 632.489
201703 493.713 102.862 639.121
201706 475.644 103.349 612.829
201709 489.277 104.136 625.633
201712 491.703 104.011 629.488
201803 505.050 105.290 638.725
201806 482.099 106.317 603.808
201809 495.465 106.507 619.442
201812 499.050 105.998 626.919
201903 525.894 107.251 652.925
201906 494.721 108.070 609.567
201909 510.683 108.329 627.725
201912 524.933 108.420 644.701
202003 544.644 108.902 665.952
202006 520.279 108.767 636.946
202009 545.144 109.815 661.020
202012 577.250 109.897 699.428
202103 623.587 111.754 743.014
202106 593.288 114.631 689.170
202109 622.510 115.734 716.224
202112 647.452 117.630 732.918
202203 657.038 121.301 721.258
202206 644.231 125.017 686.179
202209 670.538 125.227 713.003
202212 710.058 125.222 755.054
202303 701.865 127.348 733.882
202306 695.381 128.729 719.303
202309 716.390 129.860 734.582
202312 738.324 129.419 759.647
202403 740.790 131.776 748.553
202406 732.133 132.554 735.465
202409 764.610 133.029 765.347
202412 790.467 133.157 790.467

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


Salus  (XLJU:SALR) 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.

Salus's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2400.00/675.83
=3.55

* 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 Salus was 3.55. The lowest was 2.20. And the median was 2.98.


Be Aware

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


Salus Cyclically Adjusted Book per Share Related Terms

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


Salus Business Description

Industry
Traded in Other Exchanges
N/A
Address
Litostrojska cesta 46 A, Ljubljana, SVN, 1000
Salus is a Slovenia-based company engaged in the wholesale and distribution of medical products. It offers medicines, medical devices, medical supplies, dietary supplements, cosmetics to hospitals, pharmacies, and other customers.

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