GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bakkafrost P/F (OSL:BAKKA) » Definitions » Cyclically Adjusted Book per Share

Bakkafrost P/F (OSL:BAKKA) Cyclically Adjusted Book per Share : kr174.84 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Bakkafrost P/F 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.

Bakkafrost P/F's adjusted book value per share for the three months ended in Mar. 2024 was kr295.596. 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 kr174.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bakkafrost P/F's average Cyclically Adjusted Book Growth Rate was 17.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 25.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 26.50% 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 Bakkafrost P/F was 28.90% per year. The lowest was 25.30% per year. And the median was 26.70% per year.

As of today (2024-05-24), Bakkafrost P/F's current stock price is kr603.00. Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr174.84. Bakkafrost P/F's Cyclically Adjusted PB Ratio of today is 3.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bakkafrost P/F was 11.13. The lowest was 2.93. And the median was 7.48.


Bakkafrost P/F Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bakkafrost P/F'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.

Bakkafrost P/F Cyclically Adjusted Book per Share Chart

Bakkafrost P/F 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 64.19 84.23 109.77 137.62 165.76

Bakkafrost P/F 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 146.05 153.49 160.50 165.76 174.84

Competitive Comparison of Bakkafrost P/F's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Bakkafrost P/F'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.


Bakkafrost P/F's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bakkafrost P/F's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bakkafrost P/F's Cyclically Adjusted PB Ratio falls into.



Bakkafrost P/F 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, Bakkafrost P/F'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)
=295.596/131.7762*131.7762
=295.596

Current CPI (Mar. 2024) = 131.7762.

Bakkafrost P/F Quarterly Data

Book Value per Share CPI Adj_Book
201406 37.731 100.560 49.444
201409 42.835 100.428 56.206
201412 51.211 99.070 68.118
201503 52.913 99.621 69.992
201506 51.309 100.684 67.154
201509 57.952 100.392 76.069
201512 67.346 99.792 88.931
201603 72.897 100.470 95.611
201606 67.955 101.688 88.062
201609 76.046 101.861 98.380
201612 88.556 101.863 114.562
201703 91.128 102.862 116.744
201706 94.446 103.349 120.424
201709 94.387 104.136 119.440
201712 98.512 104.011 124.809
201803 102.789 105.290 128.647
201806 97.224 106.317 120.506
201809 108.053 106.507 133.689
201812 110.064 105.998 136.831
201903 114.682 107.251 140.907
201906 109.394 108.070 133.391
201909 149.503 108.329 181.861
201912 189.039 108.420 229.762
202003 208.251 108.902 251.994
202006 209.000 108.767 253.212
202009 215.305 109.815 258.363
202012 210.504 109.897 252.413
202103 211.791 111.754 249.735
202106 217.066 114.631 249.531
202109 220.849 115.734 251.461
202112 215.935 117.630 241.904
202203 209.193 121.301 227.258
202206 240.821 125.017 253.842
202209 243.807 125.227 256.559
202212 247.391 125.222 260.340
202303 278.953 127.348 288.653
202306 272.624 128.729 279.078
202309 271.649 129.860 275.658
202312 283.163 129.419 288.320
202403 295.596 131.776 295.596

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


Bakkafrost P/F  (OSL:BAKKA) 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.

Bakkafrost P/F's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=603.00/174.84
=3.45

* 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 Bakkafrost P/F was 11.13. The lowest was 2.93. And the median was 7.48.


Be Aware

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


Bakkafrost P/F Cyclically Adjusted Book per Share Related Terms

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


Bakkafrost P/F (OSL:BAKKA) Business Description

Address
Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625
Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into three segments. The fish farming segment involves the breeding, processing, sales, and distribution of salmon and contributes to the majority of the group revenue. The value-added products segment produces skinless and boneless portions of salmon. The fishmeal, oil and feed segment is engaged in the production and sale of fishmeal, fish oil and fish feed through Bakkafrost's subsidiary Havsbrun.

Bakkafrost P/F (OSL:BAKKA) Headlines

No Headlines