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NIBE Industrier AB (XSWX:NIBEB) Cyclically Adjusted Book per Share : CHF0.79 (As of Dec. 2023)


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What is NIBE Industrier 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.

NIBE Industrier AB's adjusted book value per share for the three months ended in Dec. 2023 was CHF1.261. 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 CHF0.79 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NIBE Industrier AB's average Cyclically Adjusted Book Growth Rate was 18.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 21.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.00% 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 NIBE Industrier AB was 21.80% per year. The lowest was 17.10% per year. And the median was 20.15% per year.

As of today (2024-05-14), NIBE Industrier AB's current stock price is CHF4.594. NIBE Industrier AB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CHF0.79. NIBE Industrier AB's Cyclically Adjusted PB Ratio of today is 5.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NIBE Industrier AB was 23.27. The lowest was 5.10. And the median was 10.02.


NIBE Industrier AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for NIBE Industrier 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.

NIBE Industrier AB Cyclically Adjusted Book per Share Chart

NIBE Industrier 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 0.46 0.57 0.61 0.74 0.79

NIBE Industrier AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.74 0.73 0.71 0.77 0.79

Competitive Comparison of NIBE Industrier AB's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, NIBE Industrier 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.


NIBE Industrier AB's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NIBE Industrier 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, NIBE Industrier AB's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.261/130.9575*130.9575
=1.261

Current CPI (Dec. 2023) = 130.9575.

NIBE Industrier AB Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.425 99.788 0.558
201406 0.422 100.432 0.550
201409 0.438 100.161 0.573
201412 0.453 100.225 0.592
201503 0.437 99.950 0.573
201506 0.422 99.995 0.553
201509 0.453 100.228 0.592
201512 0.470 100.276 0.614
201603 0.483 100.751 0.628
201606 0.492 101.019 0.638
201609 0.455 101.138 0.589
201612 0.666 102.022 0.855
201703 0.689 102.022 0.884
201706 0.663 102.752 0.845
201709 0.711 103.279 0.902
201712 0.747 103.793 0.943
201803 0.780 103.962 0.983
201806 0.790 104.875 0.986
201809 0.789 105.679 0.978
201812 0.839 105.912 1.037
201903 0.875 105.886 1.082
201906 0.847 106.742 1.039
201909 0.897 107.214 1.096
201912 0.905 107.766 1.100
202003 0.929 106.563 1.142
202006 0.926 107.498 1.128
202009 0.944 107.635 1.149
202012 0.927 108.296 1.121
202103 1.026 108.360 1.240
202106 1.013 108.928 1.218
202109 1.071 110.338 1.271
202112 1.077 112.486 1.254
202203 1.097 114.825 1.251
202206 1.158 118.384 1.281
202209 1.177 122.296 1.260
202212 1.244 126.365 1.289
202303 1.284 127.042 1.324
202306 1.277 129.407 1.292
202309 1.274 130.224 1.281
202312 1.261 130.958 1.261

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


NIBE Industrier AB  (XSWX:NIBEB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.594/0.79
=5.82

* 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 NIBE Industrier AB was 23.27. The lowest was 5.10. And the median was 10.02.


Be Aware

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


NIBE Industrier AB Cyclically Adjusted Book per Share Related Terms

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


NIBE Industrier AB (XSWX:NIBEB) Business Description

Industry
Address
Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

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