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Nobia AB (OSTO:NOBI) Cyclically Adjusted Book per Share : kr13.45 (As of Mar. 2024)


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What is Nobia 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.

Nobia AB's adjusted book value per share for the three months ended in Mar. 2024 was kr24.653. 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 kr13.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nobia AB's average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Nobia AB was 8.80% per year. The lowest was 2.90% per year. And the median was 6.90% per year.

As of today (2024-06-10), Nobia AB's current stock price is kr4.964. Nobia AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr13.45. Nobia AB's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nobia AB was 3.53. The lowest was 0.24. And the median was 2.34.


Nobia AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nobia 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.

Nobia AB Cyclically Adjusted Book per Share Chart

Nobia 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 10.07 10.16 10.72 12.30 13.09

Nobia 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 12.45 12.77 12.91 13.09 13.45

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

For the Furnishings, Fixtures & Appliances subindustry, Nobia 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.


Nobia AB's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nobia AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nobia 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, Nobia 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)
=24.653/132.2054*132.2054
=24.653

Current CPI (Mar. 2024) = 132.2054.

Nobia AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.096 100.432 11.974
201409 8.057 100.161 10.635
201412 8.521 100.225 11.240
201503 8.767 99.950 11.596
201506 9.140 99.995 12.084
201509 9.910 100.228 13.072
201512 10.150 100.276 13.382
201603 10.129 100.751 13.291
201606 9.424 101.019 12.333
201609 9.416 101.138 12.308
201612 9.068 102.022 11.751
201703 9.560 102.022 12.388
201706 9.030 102.752 11.618
201709 9.678 103.279 12.389
201712 11.023 103.793 14.040
201803 12.220 103.962 15.540
201806 10.271 104.875 12.948
201809 10.486 105.679 13.118
201812 10.335 105.912 12.901
201903 11.258 105.886 14.056
201906 10.192 106.742 12.623
201909 10.969 107.214 13.526
201912 11.332 107.766 13.902
202003 12.136 106.563 15.056
202006 10.563 107.498 12.991
202009 11.064 107.635 13.590
202012 10.688 108.296 13.048
202103 11.989 108.360 14.627
202106 11.597 108.928 14.075
202109 12.271 110.338 14.703
202112 13.090 112.486 15.385
202203 13.725 114.825 15.802
202206 13.082 118.384 14.609
202209 12.686 122.296 13.714
202212 12.537 126.365 13.116
202303 12.178 127.042 12.673
202306 12.888 129.407 13.167
202309 12.401 130.224 12.590
202312 11.508 131.912 11.534
202403 24.653 132.205 24.653

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


Nobia AB  (OSTO:NOBI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.964/13.45
=0.37

* 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 Nobia AB was 3.53. The lowest was 0.24. And the median was 2.34.


Be Aware

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


Nobia AB Cyclically Adjusted Book per Share Related Terms

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


Nobia AB (OSTO:NOBI) Business Description

Traded in Other Exchanges
Address
Blekholmstorget 30E, Stockholm, SWE, 111 64
Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.

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