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Lidds AB (OSTO:LIDDS) Cyclically Adjusted Book per Share : kr4.62 (As of Mar. 2024)


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What is Lidds 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.

Lidds AB's adjusted book value per share for the three months ended in Mar. 2024 was kr0.075. 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 kr4.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lidds AB's average Cyclically Adjusted Book Growth Rate was -9.20% 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.

As of today (2024-06-10), Lidds AB's current stock price is kr0.147. Lidds AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr4.62. Lidds AB's Cyclically Adjusted PB Ratio of today is 0.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lidds AB was 1.54. The lowest was 0.02. And the median was 0.24.


Lidds AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lidds 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.

Lidds AB Cyclically Adjusted Book per Share Chart

Lidds 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 - - - 5.18 4.83

Lidds 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 5.09 5.07 4.98 4.83 4.62

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

For the Biotechnology subindustry, Lidds 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.


Lidds AB's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lidds AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lidds 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, Lidds 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)
=0.075/132.2054*132.2054
=0.075

Current CPI (Mar. 2024) = 132.2054.

Lidds AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.976 100.432 9.183
201409 6.863 100.161 9.059
201412 6.738 100.225 8.888
201503 6.586 99.950 8.711
201506 6.433 99.995 8.505
201509 6.306 100.228 8.318
201512 6.976 100.276 9.197
201603 6.250 100.751 8.201
201606 6.486 101.019 8.488
201609 5.971 101.138 7.805
201612 5.860 102.022 7.594
201703 5.765 102.022 7.471
201706 5.727 102.752 7.369
201709 6.470 103.279 8.282
201712 0.655 103.793 0.834
201803 5.821 103.962 7.402
201806 6.294 104.875 7.934
201809 6.509 105.679 8.143
201812 1.173 105.912 1.464
201903 6.212 105.886 7.756
201906 6.255 106.742 7.747
201909 6.147 107.214 7.580
201912 0.587 107.766 0.720
202003 0.583 106.563 0.723
202006 1.192 107.498 1.466
202009 1.730 107.635 2.125
202012 1.341 108.296 1.637
202103 1.003 108.360 1.224
202106 1.779 108.928 2.159
202109 1.570 110.338 1.881
202112 1.327 112.486 1.560
202203 1.060 114.825 1.220
202206 0.890 118.384 0.994
202209 0.673 122.296 0.728
202212 0.411 126.365 0.430
202303 0.652 127.042 0.679
202306 0.544 129.407 0.556
202309 0.477 130.224 0.484
202312 0.204 131.912 0.204
202403 0.075 132.205 0.075

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


Lidds AB  (OSTO:LIDDS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.147/4.62
=0.03

* 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 Lidds AB was 1.54. The lowest was 0.02. And the median was 0.24.


Be Aware

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


Lidds AB Cyclically Adjusted Book per Share Related Terms

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


Lidds AB (OSTO:LIDDS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Lidds AB (OSTO:LIDDS) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
Kullagatan 8, Helsingborg, SWE, 25220
Lidds AB is a Swedish pharmaceutical company developing pharmaceutical products based on medical needs and its proprietary drug delivery technology.

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