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GN Store Nord A/S (LTS:0K9P) Cyclically Adjusted Book per Share : kr46.89 (As of Mar. 2024)


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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 Mar. 2024 was kr68.435. 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 kr46.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GN Store Nord A/S's average Cyclically Adjusted Book Growth Rate was 7.60% 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 (2024-05-26), GN Store Nord A/S's current stock price is kr220.30. GN Store Nord A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr46.89. GN Store Nord A/S's Cyclically Adjusted PB Ratio of today is 4.70.

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 7.89.


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 34.96 36.02 38.15 42.97 45.90

GN Store Nord A/S 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 43.40 44.14 45.39 45.90 46.89

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 Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=68.435/118.4000*118.4000
=68.435

Current CPI (Mar. 2024) = 118.4000.

GN Store Nord A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.816 99.700 37.783
201409 33.411 99.700 39.678
201412 35.509 99.400 42.296
201503 37.481 100.200 44.289
201506 36.014 100.300 42.513
201509 36.024 100.200 42.567
201512 37.858 99.800 44.914
201603 35.318 100.200 41.733
201606 36.373 100.600 42.809
201609 37.071 100.200 43.804
201612 39.172 100.300 46.241
201703 36.235 101.200 42.394
201706 35.113 101.200 41.081
201709 34.370 101.800 39.975
201712 35.055 101.300 40.972
201803 32.155 101.700 37.435
201806 35.031 102.300 40.544
201809 35.739 102.400 41.323
201812 38.438 102.100 44.575
201903 36.976 102.900 42.546
201906 34.091 102.900 39.226
201909 36.208 102.900 41.662
201912 37.603 102.900 43.267
202003 35.681 103.300 40.897
202006 34.947 103.200 40.094
202009 37.838 103.500 43.285
202012 40.147 103.400 45.971
202103 45.466 104.300 51.612
202106 45.495 105.000 51.301
202109 45.087 105.800 50.457
202112 48.772 106.600 54.171
202203 47.092 109.900 50.734
202206 51.961 113.600 54.157
202209 56.285 116.400 57.252
202212 53.136 115.900 54.282
202303 51.807 117.300 52.293
202306 63.815 116.400 64.911
202309 66.719 117.400 67.287
202312 65.839 116.700 66.798
202403 68.435 118.400 68.435

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  (LTS:0K9P) 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
=220.30/46.89
=4.70

* 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 7.89.


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 (LTS:0K9P) Business Description

Traded in Other Exchanges
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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