GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lovisagruvan AB (XSAT:LOVI) » Definitions » Cyclically Adjusted Book per Share

Lovisagruvan AB (XSAT:LOVI) Cyclically Adjusted Book per Share : kr9.58 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Lovisagruvan 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.

Lovisagruvan AB's adjusted book value per share for the three months ended in Mar. 2024 was kr8.752. 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 kr9.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lovisagruvan AB's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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 Lovisagruvan AB was 9.00% per year. The lowest was 9.00% per year. And the median was 9.00% per year.

As of today (2024-06-23), Lovisagruvan AB's current stock price is kr18.20. Lovisagruvan AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr9.58. Lovisagruvan AB's Cyclically Adjusted PB Ratio of today is 1.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lovisagruvan AB was 5.68. The lowest was 1.71. And the median was 4.18.


Lovisagruvan AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lovisagruvan 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.

Lovisagruvan AB Cyclically Adjusted Book per Share Chart

Lovisagruvan 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 - 7.39 7.65 8.95 9.56

Lovisagruvan AB Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Dec18 Dec19 Sep20 Dec20 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 9.10 9.21 9.38 9.56 9.58

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

For the Other Industrial Metals & Mining subindustry, Lovisagruvan 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.


Lovisagruvan AB's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lovisagruvan AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lovisagruvan 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, Lovisagruvan 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)
=8.752/132.2054*132.2054
=8.752

Current CPI (Mar. 2024) = 132.2054.

Lovisagruvan AB Quarterly Data

Book Value per Share CPI Adj_Book
201112 5.889 100.458 7.750
201203 4.208 100.464 5.538
201206 5.289 100.352 6.968
201209 5.815 100.467 7.652
201212 6.219 100.403 8.189
201303 6.673 100.416 8.786
201306 4.508 100.206 5.948
201309 5.210 100.544 6.851
201312 4.943 100.541 6.500
201403 3.425 99.788 4.538
201406 4.595 100.432 6.049
201409 6.000 100.161 7.920
201412 4.622 100.225 6.097
201503 0.000 99.950 0.000
201506 4.273 99.995 5.649
201509 3.951 100.228 5.212
201512 11.487 100.276 15.145
201603 3.190 100.751 4.186
201606 2.664 101.019 3.486
201609 3.015 101.138 3.941
201612 12.906 102.022 16.724
201703 7.288 102.022 9.444
201706 6.732 102.752 8.662
201709 9.718 103.279 12.440
201712 16.609 103.793 21.156
201812 17.127 105.912 21.379
201912 15.873 107.766 19.473
202009 0.000 107.635 0.000
202012 14.985 108.296 18.293
202109 6.205 110.338 7.435
202112 7.750 112.486 9.109
202203 0.000 114.825 0.000
202206 0.000 118.384 0.000
202209 11.562 122.296 12.499
202212 10.897 126.365 11.401
202303 11.503 127.042 11.971
202306 10.157 129.407 10.377
202309 10.010 130.224 10.162
202312 9.336 131.912 9.357
202403 8.752 132.205 8.752

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


Lovisagruvan AB  (XSAT:LOVI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.20/9.58
=1.90

* 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 Lovisagruvan AB was 5.68. The lowest was 1.71. And the median was 4.18.


Be Aware

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


Lovisagruvan AB Cyclically Adjusted Book per Share Related Terms

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


Lovisagruvan AB (XSAT:LOVI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lokevagen 21, Djursholm, SWE, 182 61
Lovisagruvan AB is engaged in the mining and prospecting operations in the area of Strassa, Sweden. It operates a deep mine with lead, zinc and silver mineralization in Strassa, Sweden. The company currently has a production rate of approximately 3500 tonnes per month.

Lovisagruvan AB (XSAT:LOVI) Headlines

No Headlines