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Raute Oyj (OHEL:RAUTE) Cyclically Adjusted Book per Share : €8.67 (As of Mar. 2024)


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What is Raute 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.

Raute Oyj's adjusted book value per share for the three months ended in Mar. 2024 was €6.450. 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 €8.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Raute Oyj'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 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Raute Oyj was 6.00% per year. The lowest was 4.40% per year. And the median was 5.65% per year.

As of today (2024-06-10), Raute Oyj's current stock price is €11.20. Raute Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.67. Raute Oyj's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Raute Oyj was 5.08. The lowest was 0.95. And the median was 2.67.


Raute Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Raute 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.

Raute Oyj Cyclically Adjusted Book per Share Chart

Raute 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 7.02 7.31 7.74 8.37 8.60

Raute 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 8.50 8.56 8.59 8.60 8.67

Competitive Comparison of Raute Oyj's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Raute 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.


Raute Oyj's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Raute Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Raute 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, Raute 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)
=6.45/122.3600*122.3600
=6.450

Current CPI (Mar. 2024) = 122.3600.

Raute Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.871 100.147 5.951
201409 4.958 100.726 6.023
201412 5.743 100.229 7.011
201503 5.506 100.120 6.729
201506 5.991 100.030 7.328
201509 6.318 100.130 7.721
201512 6.844 99.990 8.375
201603 6.408 100.080 7.835
201606 6.685 100.390 8.148
201609 6.877 100.540 8.370
201612 7.734 101.020 9.368
201703 7.190 100.910 8.718
201706 7.371 101.140 8.917
201709 8.121 101.320 9.807
201712 8.798 101.510 10.605
201803 8.115 101.730 9.761
201806 8.693 102.320 10.396
201809 9.658 102.600 11.518
201812 10.337 102.710 12.315
201903 10.883 102.870 12.945
201906 10.001 103.360 11.839
201909 10.648 103.540 12.583
201912 11.002 103.650 12.988
202003 9.052 103.490 10.703
202006 8.773 103.320 10.390
202009 9.014 103.710 10.635
202012 8.799 103.890 10.363
202103 7.700 104.870 8.984
202106 7.650 105.360 8.884
202109 7.951 106.290 9.153
202112 7.570 107.490 8.617
202203 7.301 110.950 8.052
202206 4.471 113.570 4.817
202209 4.688 114.920 4.992
202212 5.089 117.320 5.308
202303 5.224 119.750 5.338
202306 6.196 120.690 6.282
202309 6.251 121.280 6.307
202312 6.272 121.540 6.314
202403 6.450 122.360 6.450

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


Raute Oyj  (OHEL:RAUTE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.20/8.67
=1.29

* 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 Raute Oyj was 5.08. The lowest was 0.95. And the median was 2.67.


Be Aware

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


Raute Oyj Cyclically Adjusted Book per Share Related Terms

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


Raute Oyj (OHEL:RAUTE) Business Description

Industry
Traded in Other Exchanges
Address
Rautetie 2, P.O. Box 69, Nastola, FIN, FI-15551
Raute Oyj is a technology and service company serving the wood products industry. The firm's products and services include plywood and veneer technology, Laminated Veneer Lumber technology, Mecano solutions, and others. It generates revenue from technology services, project deliveries LVL, and project deliveries, plywood. Geographically, it has its operational footprints in Africa, South America, Europe, North America, and Asia Pacific areas.

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