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Kongsberg Gruppen ASA (OSTO:KOGO) Cyclically Adjusted Book per Share : kr75.41 (As of Mar. 2024)


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What is Kongsberg Gruppen ASA 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.

Kongsberg Gruppen ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr98.278. 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 kr75.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kongsberg Gruppen ASA's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Kongsberg Gruppen ASA was 9.60% per year. The lowest was 8.60% per year. And the median was 9.00% per year.

As of today (2024-06-07), Kongsberg Gruppen ASA's current stock price is kr894.50. Kongsberg Gruppen ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr75.41. Kongsberg Gruppen ASA's Cyclically Adjusted PB Ratio of today is 11.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kongsberg Gruppen ASA was 12.08. The lowest was 2.09. And the median was 3.45.


Kongsberg Gruppen ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kongsberg Gruppen ASA'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.

Kongsberg Gruppen ASA Cyclically Adjusted Book per Share Chart

Kongsberg Gruppen ASA 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 52.00 56.04 62.72 68.62 72.52

Kongsberg Gruppen ASA 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 70.16 71.27 72.62 72.52 75.41

Competitive Comparison of Kongsberg Gruppen ASA's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Kongsberg Gruppen ASA'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.


Kongsberg Gruppen ASA's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Gruppen ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kongsberg Gruppen ASA 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, Kongsberg Gruppen ASA'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)
=98.278/132.6000*132.6000
=98.278

Current CPI (Mar. 2024) = 132.6000.

Kongsberg Gruppen ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 47.982 97.500 65.256
201409 49.841 98.500 67.096
201412 45.279 98.600 60.892
201503 46.612 99.200 62.306
201506 42.897 100.100 56.825
201509 42.386 100.600 55.869
201512 44.066 100.900 57.910
201603 48.555 102.500 62.814
201606 47.679 103.800 60.908
201609 48.151 104.200 61.275
201612 48.441 104.400 61.526
201703 49.823 105.000 62.919
201706 49.124 105.800 61.568
201709 49.856 105.900 62.426
201712 53.077 106.100 66.334
201803 52.879 107.300 65.347
201806 50.765 108.500 62.041
201809 51.584 109.500 62.466
201812 70.045 109.800 84.590
201903 71.170 110.400 85.481
201906 68.360 110.600 81.958
201909 69.872 111.100 83.394
201912 70.861 111.300 84.422
202003 83.346 111.200 99.386
202006 80.312 112.100 94.999
202009 82.673 112.900 97.099
202012 73.671 112.900 86.526
202103 74.906 114.600 86.671
202106 69.017 115.300 79.373
202109 72.237 117.500 81.520
202112 75.581 118.900 84.290
202203 76.680 119.800 84.873
202206 65.831 122.600 71.201
202209 69.010 125.600 72.856
202212 76.634 125.900 80.712
202303 81.602 127.600 84.800
202306 79.094 130.400 80.428
202309 84.682 129.800 86.509
202312 90.776 131.900 91.258
202403 98.278 132.600 98.278

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


Kongsberg Gruppen ASA  (OSTO:KOGO) 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.

Kongsberg Gruppen ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=894.50/75.41
=11.86

* 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 Kongsberg Gruppen ASA was 12.08. The lowest was 2.09. And the median was 3.45.


Be Aware

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


Kongsberg Gruppen ASA Cyclically Adjusted Book per Share Related Terms

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


Kongsberg Gruppen ASA (OSTO:KOGO) Business Description

Address
Kirkegardsveien 45, Kongsberg, NOR, N-3616
Kongsberg Gruppen ASA is an international technology company that supplies products and services to defense, maritime, oil, gas, and aerospace industries. The company is divided into two business segments: the maritime segment and defense and aerospace systems. Maritime, which earns most of the company revenue, creates navigation, automation, monitoring, and positioning products for commercial ships and offshore industries. The defense and aerospace segment provides defense and space-related products and systems. Outside of the two main segments, the firm operates Kongsberg Digital, which produces digital solutions for oil, gas, wind, and merchant marine markets. Products are delivered globally, with North America accounting for about a third of total revenue.

Kongsberg Gruppen ASA (OSTO:KOGO) Headlines

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