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AAK AB (AAK AB) Cyclically Adjusted Book per Share : $3.48 (As of Mar. 2024)


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What is AAK 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.

AAK AB's adjusted book value per share for the three months ended in Mar. 2024 was $7.030. 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 $3.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AAK AB's average Cyclically Adjusted Book Growth Rate was 14.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.30% 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 AAK AB was 17.70% per year. The lowest was 12.00% per year. And the median was 16.50% per year.

As of today (2024-04-28), AAK AB's current stock price is $19.26. AAK AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.48. AAK AB's Cyclically Adjusted PB Ratio of today is 5.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AAK AB was 8.51. The lowest was 3.97. And the median was 6.22.


AAK AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for AAK 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.

AAK AB Cyclically Adjusted Book per Share Chart

AAK 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 2.68 2.98 3.00 3.65 3.83

AAK AB 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 3.57 4.10 4.37 3.83 3.48

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

For the Packaged Foods subindustry, AAK 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.


AAK AB's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AAK AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AAK 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, AAK 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)
=7.03/130.9575*130.9575
=7.030

Current CPI (Mar. 2024) = 130.9575.

AAK AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.855 100.432 3.723
201409 2.932 100.161 3.834
201412 3.014 100.225 3.938
201503 2.949 99.950 3.864
201506 2.952 99.995 3.866
201509 3.012 100.228 3.935
201512 3.061 100.276 3.998
201603 3.119 100.751 4.054
201606 3.174 101.019 4.115
201609 3.250 101.138 4.208
201612 3.220 102.022 4.133
201703 3.437 102.022 4.412
201706 3.302 102.752 4.208
201709 3.609 103.279 4.576
201712 3.599 103.793 4.541
201803 4.012 103.962 5.054
201806 3.830 104.875 4.783
201809 3.852 105.679 4.773
201812 3.888 105.912 4.807
201903 4.099 105.886 5.070
201906 3.993 106.742 4.899
201909 4.176 107.214 5.101
201912 4.319 107.766 5.248
202003 4.325 106.563 5.315
202006 4.275 107.498 5.208
202009 4.629 107.635 5.632
202012 4.541 108.296 5.491
202103 4.908 108.360 5.932
202106 4.715 108.928 5.669
202109 4.966 110.338 5.894
202112 5.015 112.486 5.839
202203 5.134 114.825 5.855
202206 5.177 118.384 5.727
202209 5.354 122.296 5.733
202212 5.582 126.365 5.785
202303 5.836 127.042 6.016
202306 5.939 129.407 6.010
202309 6.038 130.224 6.072
202312 6.429 130.958 6.429
202403 7.030 130.958 7.030

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


AAK AB  (OTCPK:ARHUF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.26/3.48
=5.53

* 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 AAK AB was 8.51. The lowest was 3.97. And the median was 6.22.


Be Aware

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


AAK AB Cyclically Adjusted Book per Share Related Terms

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


AAK AB (AAK AB) Business Description

Traded in Other Exchanges
Address
Skrivaregatan 9, Malmo, SWE, SE-215 32
AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food ingredients, Chocolate & confectionery fats, and Technical products & feed. The food ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. The majority is from the Food ingredients segment.