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GN Store Nord A/S (WBO:GNSN) Cyclically Adjusted Book per Share : €6.13 (As of Dec. 2023)


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What is GN Store Nord A/S 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.

GN Store Nord A/S's adjusted book value per share for the three months ended in Dec. 2023 was €8.833. 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 €6.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, GN Store Nord A/S's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 GN Store Nord A/S was 8.30% per year. The lowest was 2.80% per year. And the median was 5.40% per year.

As of today (2024-04-28), GN Store Nord A/S's current stock price is €25.23. GN Store Nord A/S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €6.13. GN Store Nord A/S's Cyclically Adjusted PB Ratio of today is 4.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GN Store Nord A/S was 15.74. The lowest was 2.53. And the median was 7.97.


GN Store Nord A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for GN Store Nord A/S'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.

GN Store Nord A/S Cyclically Adjusted Book per Share Chart

GN Store Nord A/S 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 - 4.89 5.13 5.76 6.13

GN Store Nord A/S 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 5.76 5.85 5.91 6.06 6.13

Competitive Comparison of GN Store Nord A/S's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, GN Store Nord A/S'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.


GN Store Nord A/S's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GN Store Nord A/S's Cyclically Adjusted PB Ratio falls into.



GN Store Nord A/S 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, GN Store Nord A/S'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)
=8.833/116.7000*116.7000
=8.833

Current CPI (Dec. 2023) = 116.7000.

GN Store Nord A/S Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.184 99.600 4.902
201406 4.268 99.700 4.996
201409 4.489 99.700 5.254
201412 4.772 99.400 5.603
201503 5.023 100.200 5.850
201506 4.828 100.300 5.617
201509 4.830 100.200 5.625
201512 5.071 99.800 5.930
201603 4.735 100.200 5.515
201606 4.889 100.600 5.671
201609 4.975 100.200 5.794
201612 5.266 100.300 6.127
201703 4.871 101.200 5.617
201706 4.720 101.200 5.443
201709 4.617 101.800 5.293
201712 4.710 101.300 5.426
201803 4.317 101.700 4.954
201806 4.701 102.300 5.363
201809 4.790 102.400 5.459
201812 5.152 102.100 5.889
201903 4.954 102.900 5.618
201906 4.563 102.900 5.175
201909 4.850 102.900 5.500
201912 5.034 102.900 5.709
202003 4.774 103.300 5.393
202006 4.687 103.200 5.300
202009 5.087 103.500 5.736
202012 5.396 103.400 6.090
202103 6.112 104.300 6.839
202106 6.118 105.000 6.800
202109 6.063 105.800 6.688
202112 6.559 106.600 7.180
202203 6.332 109.900 6.724
202206 6.982 113.600 7.173
202209 7.563 116.400 7.582
202212 7.142 115.900 7.191
202303 6.960 117.300 6.924
202306 8.571 116.400 8.593
202309 8.947 117.400 8.894
202312 8.833 116.700 8.833

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


GN Store Nord A/S  (WBO:GNSN) 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.

GN Store Nord A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.23/6.13
=4.12

* 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 GN Store Nord A/S was 15.74. The lowest was 2.53. And the median was 7.97.


Be Aware

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


GN Store Nord A/S Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of GN Store Nord A/S's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


GN Store Nord A/S (WBO:GNSN) Business Description

Address
Lautrupbjerg 7, Ballerup, DNK, 2750
GN Store Nord is a Danish company offering medical and audio solutions. The group consists of two businesses: audio (about 62% of sales) and hearing (38%). GN Hearing offers hearing aids, competing globally with Sonova, Demant, Starkey, and WS Audiology (previously Sivantos and Widex). GN Audio provides headsets and speakerphones to the enterprise market (contact centers and offices), as well as to the consumer market, and recently acquired SteelSeries in the gaming market. The company has positioned itself as one of the main players in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing and Jabra in headsets.

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