GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Malmbergs Elektriska AB (OSTO:MEAB B) » Definitions » Cyclically Adjusted Book per Share

Malmbergs Elektriska AB (OSTO:MEAB B) Cyclically Adjusted Book per Share : kr47.33 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Malmbergs Elektriska 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.

Malmbergs Elektriska AB's adjusted book value per share for the three months ended in Mar. 2024 was kr45.843. 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 kr47.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Malmbergs Elektriska AB's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Malmbergs Elektriska AB was 8.50% per year. The lowest was 4.40% per year. And the median was 7.50% per year.

As of today (2024-05-23), Malmbergs Elektriska AB's current stock price is kr42.00. Malmbergs Elektriska AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr47.33. Malmbergs Elektriska AB's Cyclically Adjusted PB Ratio of today is 0.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Malmbergs Elektriska AB was 3.20. The lowest was 0.84. And the median was 1.57.


Malmbergs Elektriska AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Malmbergs Elektriska 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.

Malmbergs Elektriska AB Cyclically Adjusted Book per Share Chart

Malmbergs Elektriska 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 36.03 36.72 39.16 44.82 47.29

Malmbergs Elektriska 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 45.23 46.25 46.67 47.29 47.33

Competitive Comparison of Malmbergs Elektriska AB's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Malmbergs Elektriska 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.


Malmbergs Elektriska AB's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Malmbergs Elektriska AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Malmbergs Elektriska 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, Malmbergs Elektriska 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)
=45.843/132.2054*132.2054
=45.843

Current CPI (Mar. 2024) = 132.2054.

Malmbergs Elektriska AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.842 100.432 41.916
201409 34.377 100.161 45.375
201412 37.153 100.225 49.008
201503 39.988 99.950 52.893
201506 30.832 99.995 40.764
201509 32.952 100.228 43.465
201512 36.099 100.276 47.594
201603 38.193 100.751 50.117
201606 31.773 101.019 41.582
201609 34.314 101.138 44.855
201612 38.687 102.022 50.133
201703 40.063 102.022 51.916
201706 33.212 102.752 42.732
201709 33.740 103.279 43.190
201712 36.172 103.793 46.074
201803 38.064 103.962 48.405
201806 34.055 104.875 42.930
201809 35.013 105.679 43.802
201812 36.232 105.912 45.227
201903 37.461 105.886 46.772
201906 35.121 106.742 43.499
201909 36.496 107.214 45.003
201912 38.125 107.766 46.771
202003 39.277 106.563 48.728
202006 38.808 107.498 47.728
202009 39.542 107.635 48.568
202012 41.229 108.296 50.332
202103 42.916 108.360 52.360
202106 41.841 108.928 50.782
202109 42.969 110.338 51.485
202112 44.340 112.486 52.113
202203 45.249 114.825 52.098
202206 43.548 118.384 48.632
202209 45.341 122.296 49.015
202212 47.388 126.365 49.578
202303 48.368 127.042 50.334
202306 46.549 129.407 47.556
202309 47.053 130.224 47.769
202312 46.287 131.912 46.390
202403 45.843 132.205 45.843

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


Malmbergs Elektriska AB  (OSTO:MEAB B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.00/47.33
=0.89

* 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 Malmbergs Elektriska AB was 3.20. The lowest was 0.84. And the median was 1.57.


Be Aware

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


Malmbergs Elektriska AB Cyclically Adjusted Book per Share Related Terms

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


Malmbergs Elektriska AB (OSTO:MEAB B) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Västra Bangatan 54, Box 144, Kumla, SWE, 692 23
Malmbergs Elektriska AB is a supplier of electric materials for contractors, industries and retailers in the Nordic market. Its products include electric motors, electric meters, push buttons, downlights, industrial lighting, LED lamps, heating, frost guards and dehumidification.

Malmbergs Elektriska AB (OSTO:MEAB B) Headlines

No Headlines