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Borregaard ASA (OSTO:BRGO) Cyclically Adjusted Book per Share : kr36.05 (As of Mar. 2024)


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What is Borregaard 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.

Borregaard ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr48.476. 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 kr36.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Borregaard ASA's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% 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 Borregaard ASA was 12.20% per year. The lowest was 12.20% per year. And the median was 12.20% per year.

As of today (2024-04-28), Borregaard ASA's current stock price is kr193.00. Borregaard ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr36.05. Borregaard ASA's Cyclically Adjusted PB Ratio of today is 5.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Borregaard ASA was 8.21. The lowest was 3.81. And the median was 5.37.


Borregaard ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Borregaard 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.

Borregaard ASA Cyclically Adjusted Book per Share Chart

Borregaard 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 - 24.61 30.02 33.30 36.60

Borregaard 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 33.06 37.20 35.42 36.60 36.05

Competitive Comparison of Borregaard ASA's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Borregaard 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.


Borregaard ASA's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Borregaard 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, Borregaard 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)
=48.476/131.9000*131.9000
=48.476

Current CPI (Mar. 2024) = 131.9000.

Borregaard ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.237 97.500 26.024
201409 20.447 98.500 27.380
201412 19.562 98.600 26.169
201503 20.298 99.200 26.989
201506 20.782 100.100 27.384
201509 20.157 100.600 26.429
201512 20.662 100.900 27.010
201603 23.870 102.500 30.717
201606 23.958 103.800 30.444
201609 26.869 104.200 34.012
201612 26.882 104.400 33.963
201703 28.217 105.000 35.446
201706 26.549 105.800 33.098
201709 29.372 105.900 36.583
201712 29.031 106.100 36.090
201803 31.057 107.300 38.177
201806 29.921 108.500 36.374
201809 31.237 109.500 37.627
201812 31.371 109.800 37.685
201903 33.104 110.400 39.551
201906 32.013 110.600 38.178
201909 31.567 111.100 37.477
201912 33.182 111.300 39.324
202003 26.518 111.200 31.454
202006 29.380 112.100 34.569
202009 31.240 112.900 36.497
202012 36.822 112.900 43.019
202103 39.449 114.600 45.404
202106 38.922 115.300 44.526
202109 40.402 117.500 45.353
202112 42.396 118.900 47.031
202203 46.134 119.800 50.794
202206 39.085 122.600 42.050
202209 39.386 125.600 41.362
202212 44.132 125.900 46.235
202303 42.705 127.600 44.144
202306 40.930 130.400 41.401
202309 45.310 129.800 46.043
202312 48.763 131.900 48.763
202403 48.476 131.900 48.476

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


Borregaard ASA  (OSTO:BRGO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=193.00/36.05
=5.35

* 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 Borregaard ASA was 8.21. The lowest was 3.81. And the median was 5.37.


Be Aware

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


Borregaard ASA Cyclically Adjusted Book per Share Related Terms

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


Borregaard ASA (OSTO:BRGO) Business Description

Industry
Traded in Other Exchanges
Address
Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701
Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products, It has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.