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Stora Enso Oyj (Stora Enso Oyj) Cyclically Adjusted Book per Share : $11.83 (As of Mar. 2024)


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What is Stora Enso Oyj 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.

Stora Enso Oyj's adjusted book value per share for the three months ended in Mar. 2024 was $14.846. 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 $11.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stora Enso Oyj's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Stora Enso Oyj was 11.50% per year. The lowest was -6.10% per year. And the median was -3.60% per year.

As of today (2024-04-28), Stora Enso Oyj's current stock price is $13.68. Stora Enso Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.83. Stora Enso Oyj's Cyclically Adjusted PB Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stora Enso Oyj was 2.44. The lowest was 0.51. And the median was 1.37.


Stora Enso Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stora Enso Oyj'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.

Stora Enso Oyj Cyclically Adjusted Book per Share Chart

Stora Enso Oyj 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 8.55 9.43 9.60 10.60 11.99

Stora Enso Oyj 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 11.15 11.44 11.37 11.99 11.83

Competitive Comparison of Stora Enso Oyj's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Stora Enso Oyj'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.


Stora Enso Oyj's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stora Enso Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stora Enso Oyj's Cyclically Adjusted PB Ratio falls into.



Stora Enso Oyj 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, Stora Enso Oyj'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)
=14.846/121.2200*121.2200
=14.846

Current CPI (Mar. 2024) = 121.2200.

Stora Enso Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.775 100.147 10.621
201409 8.564 100.726 10.306
201412 7.927 100.229 9.587
201503 7.323 100.120 8.866
201506 7.107 100.030 8.613
201509 7.006 100.130 8.482
201512 7.442 99.990 9.022
201603 7.766 100.080 9.406
201606 7.825 100.390 9.449
201609 8.004 100.540 9.650
201612 7.766 101.020 9.319
201703 8.021 100.910 9.635
201706 7.996 101.140 9.583
201709 8.764 101.320 10.485
201712 9.016 101.510 10.767
201803 9.603 101.730 11.443
201806 8.952 102.320 10.606
201809 9.523 102.600 11.251
201812 9.686 102.710 11.432
201903 9.345 102.870 11.012
201906 9.628 103.360 11.292
201909 9.601 103.540 11.240
201912 10.467 103.650 12.241
202003 9.832 103.490 11.516
202006 10.344 103.320 12.136
202009 10.818 103.710 12.644
202012 13.587 103.890 15.853
202103 13.147 104.870 15.197
202106 14.065 105.360 16.182
202109 14.575 106.290 16.622
202112 15.305 107.490 17.260
202203 14.978 110.950 16.364
202206 15.212 113.570 16.237
202209 15.680 114.920 16.540
202212 16.834 117.320 17.394
202303 15.867 119.750 16.062
202306 15.203 120.690 15.270
202309 14.977 121.280 14.970
202312 15.190 121.220 15.190
202403 14.846 121.220 14.846

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


Stora Enso Oyj  (OTCPK:SEOAY) 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.

Stora Enso Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.68/11.83
=1.16

* 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 Stora Enso Oyj was 2.44. The lowest was 0.51. And the median was 1.37.


Be Aware

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


Stora Enso Oyj Cyclically Adjusted Book per Share Related Terms

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


Stora Enso Oyj (Stora Enso Oyj) Business Description

Industry
Address
P.O. Box 309, Helsinki, FIN, FI-00101
Stora Enso Oyj company develops and produces solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy. Its operating segments are Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and others. The Packaging Solutions division develops and sells premium fiber-based packaging products and services. Its high-end eco-friendly packaging products are used by leading brands across multiple market sectors, including the retail, e-commerce, and industrial sectors. Key revenue is generated from the Packaging Solutions segment.