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Autoliv (Autoliv) Cyclically Adjusted Book per Share : $40.34 (As of Mar. 2024)


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What is Autoliv 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.

Autoliv's adjusted book value per share for the three months ended in Mar. 2024 was $29.838. 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 $40.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Autoliv's average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.00% 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 Autoliv was 5.70% per year. The lowest was -0.20% per year. And the median was 3.20% per year.

As of today (2024-05-18), Autoliv's current stock price is $125.18. Autoliv's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $40.34. Autoliv's Cyclically Adjusted PB Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Autoliv was 3.10. The lowest was 1.04. And the median was 2.18.


Autoliv Cyclically Adjusted Book per Share Historical Data

The historical data trend for Autoliv'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.

Autoliv Cyclically Adjusted Book per Share Chart

Autoliv 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 38.70 38.03 38.41 41.43 40.91

Autoliv 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 41.16 41.36 40.99 40.91 40.34

Competitive Comparison of Autoliv's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Autoliv'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.


Autoliv's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autoliv's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Autoliv 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, Autoliv'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)
=29.838/132.2054*132.2054
=29.838

Current CPI (Mar. 2024) = 132.2054.

Autoliv Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.316 100.432 55.703
201409 40.445 100.161 53.385
201412 38.637 100.225 50.966
201503 36.484 99.950 48.258
201506 37.751 99.995 49.911
201509 37.533 100.228 49.508
201512 39.224 100.276 51.714
201603 40.819 100.751 53.563
201606 41.687 101.019 54.556
201609 42.661 101.138 55.766
201612 41.680 102.022 54.011
201703 43.643 102.022 56.555
201706 44.415 102.752 57.146
201709 45.546 103.279 58.303
201712 46.380 103.793 59.076
201803 48.292 103.962 61.412
201806 22.897 104.875 28.864
201809 23.417 105.679 29.295
201812 21.627 105.912 26.996
201903 22.483 105.886 28.071
201906 23.212 106.742 28.749
201909 22.774 107.214 28.083
201912 24.188 107.766 29.673
202003 23.260 106.563 28.857
202006 22.235 107.498 27.346
202009 24.044 107.635 29.533
202012 27.563 108.296 33.648
202103 28.697 108.360 35.012
202106 29.714 108.928 36.064
202109 29.244 110.338 35.040
202112 30.091 112.486 35.366
202203 30.423 114.825 35.028
202206 29.208 118.384 32.618
202209 28.548 122.296 30.861
202212 30.313 126.365 31.714
202303 30.607 127.042 31.851
202306 29.810 129.407 30.455
202309 29.389 130.224 29.836
202312 30.940 131.912 31.009
202403 29.838 132.205 29.838

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


Autoliv  (NYSE:ALV) 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.

Autoliv's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=125.18/40.34
=3.10

* 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 Autoliv was 3.10. The lowest was 1.04. And the median was 2.18.


Be Aware

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


Autoliv Cyclically Adjusted Book per Share Related Terms

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


Autoliv (Autoliv) Business Description

Industry
Traded in Other Exchanges
Address
Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, SWE, SE-107 24
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 11% of 2022 revenue, with Stellantis accounting for 11% and Volkswagen 10%. At 34% of 2022 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 21%, and Japan at 8%.
Executives
Leif Johansson director C/O AB VOLVO, SE 4050B, GOTEBORG, SWEDEN V7 4050B
Jan Carlson director, officer: President and CEO C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Fredrik Westin officer: See Remarks C/O AUTOLIV, INC. KLABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 11 64
Frithjof Oldorff officer: President, Autoliv Europe 21680 HAGGERTY ROAD, SUITE 101, NORTHVILLE MI 48167
Christian Swahn officer: EVP, Supply Chain Management C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 111 64
Mikael Bratt officer: President, Passive Safety C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Magnus Jarlegren officer: EVP, Operations C/O AUTOLIV, INC.,KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 111 64
Jordi Lombarte officer: Chief Technology Officer C/O AUTOLIV, INC., BOX 70381, STOCKHOLM V7 SE 107 24
Naughton Colin officer: President, Asia C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Per Jonas Jademyr officer: See Remarks C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Svante Mogefors officer: Group VP, Quality C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Cevian Capital Ii Gp Ltd 10 percent owner C/O HIGHVERN FUND ADMINISTRATORS LIMITED, WHITELEY CHAMBERS, DON STREET, St. Helier Y9 JE2 4TR
Gustav Lundgren director RINGVAGEN 32, LIDINGO V7 181 51
Sng Yih officer: President, Autoliv China C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Martin Lundstedt director NORRSKOGSGATAN 14, STOCKHOLM V7 11264