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Storytel AB (STU:DST) Cyclically Adjusted Book per Share : €1.33 (As of Mar. 2024)


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What is Storytel 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.

Storytel AB's adjusted book value per share for the three months ended in Mar. 2024 was €1.399. 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 €1.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Storytel AB's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 156.10% 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 Storytel AB was 156.10% per year. The lowest was 156.10% per year. And the median was 156.10% per year.

As of today (2024-06-09), Storytel AB's current stock price is €4.874. Storytel AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.33. Storytel AB's Cyclically Adjusted PB Ratio of today is 3.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Storytel AB was 293.48. The lowest was 1.52. And the median was 5.65.


Storytel AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Storytel 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.

Storytel AB Cyclically Adjusted Book per Share Chart

Storytel 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 - 0.09 0.46 1.22 1.41

Storytel 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 1.24 1.23 1.32 1.41 1.33

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

For the Publishing subindustry, Storytel 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.


Storytel AB's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Storytel AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Storytel 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, Storytel 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)
=1.399/132.2054*132.2054
=1.399

Current CPI (Mar. 2024) = 132.2054.

Storytel AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.432 0.000
201409 0.000 100.161 0.000
201412 0.547 100.225 0.722
201503 0.167 99.950 0.221
201506 -0.060 99.995 -0.079
201509 0.029 100.228 0.038
201512 0.019 100.276 0.025
201603 0.030 100.751 0.039
201606 0.137 101.019 0.179
201609 0.152 101.138 0.199
201612 0.371 102.022 0.481
201703 0.352 102.022 0.456
201706 0.369 102.752 0.475
201709 0.703 103.279 0.900
201712 0.671 103.793 0.855
201803 0.685 103.962 0.871
201806 0.452 104.875 0.570
201809 1.136 105.679 1.421
201812 1.087 105.912 1.357
201903 0.921 105.886 1.150
201906 0.802 106.742 0.993
201909 0.715 107.214 0.882
201912 0.229 107.766 0.281
202003 1.858 106.563 2.305
202006 1.846 107.498 2.270
202009 1.924 107.635 2.363
202012 1.502 108.296 1.834
202103 3.286 108.360 4.009
202106 3.216 108.928 3.903
202109 3.119 110.338 3.737
202112 2.619 112.486 3.078
202203 2.269 114.825 2.612
202206 2.412 118.384 2.694
202209 2.281 122.296 2.466
202212 2.433 126.365 2.545
202303 2.374 127.042 2.470
202306 2.330 129.407 2.380
202309 2.293 130.224 2.328
202312 1.400 131.912 1.403
202403 1.399 132.205 1.399

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


Storytel AB  (STU:DST) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.874/1.33
=3.66

* 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 Storytel AB was 293.48. The lowest was 1.52. And the median was 5.65.


Be Aware

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


Storytel AB Cyclically Adjusted Book per Share Related Terms

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


Storytel AB (STU:DST) Business Description

Traded in Other Exchanges
Address
Tryckerigatan 4, P.O. Box 24 167, Stockholm, SWE, SE-104 51
Storytel AB operates in the book and publishing sector. The Storytel organization comprises two divisions: Streaming and Publishing. Within the Streaming division, the company provides a subscription service for audio books and e-books under the Storytel and Mofibo brands, currently in Sweden, Denmark, Finland, Netherlands, USA and other countries. The Publishing division comprises Norstedts, Massolit, Kontentan, Telegram, the Danish publisher People's Press (adults), Raben and Sjogren and B. Wahlstroms (children and young adults), as well as Norstedts Kartor.