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Dedicare AB (OSTO:DEDI) Cyclically Adjusted Book per Share : kr17.81 (As of Mar. 2024)


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What is Dedicare AB 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.

Dedicare AB's adjusted book value per share for the three months ended in Mar. 2024 was kr34.101. 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 kr17.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dedicare AB's average Cyclically Adjusted Book Growth Rate was 20.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.70% 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 Dedicare AB was 22.70% per year. The lowest was 17.00% per year. And the median was 19.85% per year.

As of today (2024-06-10), Dedicare AB's current stock price is kr57.90. Dedicare AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr17.81. Dedicare AB's Cyclically Adjusted PB Ratio of today is 3.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dedicare AB was 10.50. The lowest was 3.17. And the median was 5.96.


Dedicare AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dedicare AB'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.

Dedicare AB Cyclically Adjusted Book per Share Chart

Dedicare AB 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 8.82 9.27 10.97 14.14 17.11

Dedicare AB 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 14.79 15.59 16.27 17.11 17.81

Competitive Comparison of Dedicare AB's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Dedicare AB'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.


Dedicare AB's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dedicare AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dedicare AB 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, Dedicare AB'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)
=34.101/132.2054*132.2054
=34.101

Current CPI (Mar. 2024) = 132.2054.

Dedicare AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.517 100.432 7.262
201409 6.829 100.161 9.014
201412 7.411 100.225 9.776
201503 8.399 99.950 11.109
201506 10.047 99.995 13.283
201509 10.555 100.228 13.923
201512 11.316 100.276 14.919
201603 12.224 100.751 16.040
201606 9.610 101.019 12.577
201609 11.723 101.138 15.324
201612 13.535 102.022 17.539
201703 15.747 102.022 20.406
201706 9.762 102.752 12.560
201709 11.154 103.279 14.278
201712 12.088 103.793 15.397
201803 13.285 103.962 16.894
201806 9.552 104.875 12.041
201809 10.767 105.679 13.470
201812 11.314 105.912 14.123
201903 11.805 105.886 14.739
201906 9.033 106.742 11.188
201909 9.895 107.214 12.202
201912 10.280 107.766 12.611
202003 10.228 106.563 12.689
202006 12.272 107.498 15.093
202009 13.549 107.635 16.642
202012 14.414 108.296 17.596
202103 15.955 108.360 19.466
202106 15.114 108.928 18.344
202109 17.008 110.338 20.379
202112 18.998 112.486 22.328
202203 21.468 114.825 24.717
202206 20.860 118.384 23.295
202209 24.159 122.296 26.117
202212 27.457 126.365 28.726
202303 30.345 127.042 31.578
202306 27.137 129.407 27.724
202309 29.845 130.224 30.299
202312 32.411 131.912 32.483
202403 34.101 132.205 34.101

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


Dedicare AB  (OSTO:DEDI) 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.

Dedicare AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=57.90/17.81
=3.25

* 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 Dedicare AB was 10.50. The lowest was 3.17. And the median was 5.96.


Be Aware

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


Dedicare AB Cyclically Adjusted Book per Share Related Terms

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


Dedicare AB (OSTO:DEDI) Business Description

Industry
Traded in Other Exchanges
Address
Ringvägen 100, 10 tr, Stockholm, SWE, 118 60
Dedicare AB is engaged in the business of hiring and recruiting doctors, nurses, medical secretaries and other staff in health care. The company also recruits social workers, social scientists, psychologists and other personnel in the industry of social work.

Dedicare AB (OSTO:DEDI) Headlines

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