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Yara International ASA (Yara International ASA) Cyclically Adjusted Book per Share : $29.85 (As of Mar. 2024)


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What is Yara International ASA 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.

Yara International ASA's adjusted book value per share for the three months ended in Mar. 2024 was $29.086. 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 $29.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yara International ASA's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Yara International ASA was 8.70% per year. The lowest was 7.00% per year. And the median was 8.30% per year.

As of today (2024-05-06), Yara International ASA's current stock price is $29.10. Yara International ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $29.85. Yara International ASA's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yara International ASA was 2.06. The lowest was 0.98. And the median was 1.57.


Yara International ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yara International ASA'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.

Yara International ASA Cyclically Adjusted Book per Share Chart

Yara International ASA 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 24.38 30.57 31.40 30.35 31.21

Yara International ASA 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 29.44 29.39 29.44 31.21 29.85

Competitive Comparison of Yara International ASA's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Yara International ASA'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.


Yara International ASA's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yara International ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yara International ASA 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, Yara International ASA'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)
=29.086/131.9000*131.9000
=29.086

Current CPI (Mar. 2024) = 131.9000.

Yara International ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.438 97.500 43.883
201409 31.790 98.500 42.570
201412 31.131 98.600 41.645
201503 29.881 99.200 39.731
201506 30.277 100.100 39.895
201509 31.046 100.600 40.705
201512 30.658 100.900 40.077
201603 32.271 102.500 41.527
201606 31.669 103.800 40.242
201609 31.961 104.200 40.457
201612 31.649 104.400 39.986
201703 32.627 105.000 40.986
201706 32.196 105.800 40.138
201709 33.429 105.900 41.636
201712 33.764 106.100 41.974
201803 34.595 107.300 42.526
201806 31.978 108.500 38.875
201809 32.300 109.500 38.907
201812 31.841 109.800 38.250
201903 32.296 110.400 38.586
201906 32.595 110.600 38.872
201909 31.171 111.100 37.007
201912 32.578 111.300 38.608
202003 29.491 111.200 34.981
202006 29.582 112.100 34.807
202009 30.745 112.900 35.919
202012 30.954 112.900 36.163
202103 30.403 114.600 34.993
202106 31.139 115.300 35.622
202109 27.736 117.500 31.135
202112 27.889 118.900 30.938
202203 31.826 119.800 35.040
202206 30.189 122.600 32.479
202209 30.503 125.600 32.033
202212 33.711 125.900 35.318
202303 34.296 127.600 35.452
202306 28.183 130.400 28.507
202309 28.038 129.800 28.492
202312 29.648 131.900 29.648
202403 29.086 131.900 29.086

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


Yara International ASA  (OTCPK:YRAIF) 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.

Yara International ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.10/29.85
=0.97

* 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 Yara International ASA was 2.06. The lowest was 0.98. And the median was 1.57.


Be Aware

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


Yara International ASA Cyclically Adjusted Book per Share Related Terms

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


Yara International ASA (Yara International ASA) Business Description

Address
Drammensveien 131, Oslo, NOR, 0277
Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

Yara International ASA (Yara International ASA) Headlines

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