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BGOUF (Bang & Olufsen AS) Cyclically Adjusted Book per Share : $2.06 (As of Feb. 2025)


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What is Bang & Olufsen AS 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.

Bang & Olufsen AS's adjusted book value per share for the three months ended in Feb. 2025 was $1.125. 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 $2.06 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Bang & Olufsen AS's average Cyclically Adjusted Book Growth Rate was -6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bang & Olufsen AS was -1.90% per year. The lowest was -9.80% per year. And the median was -3.60% per year.

As of today (2025-04-26), Bang & Olufsen AS's current stock price is $2.09. Bang & Olufsen AS's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was $2.06. Bang & Olufsen AS's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bang & Olufsen AS was 3.39. The lowest was 0.46. And the median was 1.06.


Bang & Olufsen AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bang & Olufsen AS'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.

Bang & Olufsen AS Cyclically Adjusted Book per Share Chart

Bang & Olufsen AS Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 2.87 2.88 2.66 2.15

Bang & Olufsen AS Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 2.35 2.15 2.30 2.01 2.06

Competitive Comparison of Bang & Olufsen AS's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Bang & Olufsen AS'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.


Bang & Olufsen AS's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen AS's Cyclically Adjusted PB Ratio falls into.


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Bang & Olufsen AS 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, Bang & Olufsen AS's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=1.125/120.8000*120.8000
=1.125

Current CPI (Feb. 2025) = 120.8000.

Bang & Olufsen AS Quarterly Data

Book Value per Share CPI Adj_Book
201505 2.971 100.400 3.575
201508 2.828 100.000 3.416
201511 2.244 99.900 2.713
201602 2.810 100.100 3.391
201605 2.711 100.500 3.259
201608 2.576 100.200 3.106
201611 2.526 100.300 3.042
201702 2.502 101.100 2.990
201705 2.434 101.300 2.903
201708 2.495 101.700 2.964
201711 2.585 101.600 3.074
201802 2.780 101.700 3.302
201805 2.803 102.400 3.307
201808 2.724 102.700 3.204
201811 2.618 102.400 3.088
201902 2.492 102.800 2.928
201905 2.324 103.100 2.723
201908 2.160 103.100 2.531
201911 4.592 103.100 5.380
202002 1.541 103.600 1.797
202005 1.328 103.100 1.556
202008 1.472 103.600 1.716
202011 1.438 103.600 1.677
202102 1.516 104.200 1.758
202105 1.534 104.900 1.767
202108 1.499 105.500 1.716
202111 1.447 107.100 1.632
202202 1.427 109.200 1.579
202205 1.307 112.700 1.401
202208 1.153 114.900 1.212
202211 1.156 116.600 1.198
202302 1.146 117.500 1.178
202305 1.167 116.000 1.215
202308 1.184 117.700 1.215
202311 1.178 117.300 1.213
202402 1.195 118.400 1.219
202405 1.145 118.500 1.167
202408 1.147 119.300 1.161
202411 0.919 119.200 0.931
202502 1.125 120.800 1.125

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


Bang & Olufsen AS  (OTCPK:BGOUF) 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.

Bang & Olufsen AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.09/2.06
=1.01

* 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 Bang & Olufsen AS was 3.39. The lowest was 0.46. And the median was 1.06.


Be Aware

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


Bang & Olufsen AS Cyclically Adjusted Book per Share Related Terms

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


Bang & Olufsen AS Business Description

Industry
Traded in Other Exchanges
Address
Bang og Olufsen Alle 1, Struer, DNK, DK-7600
Bang & Olufsen AS designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from EMEA, Followed by Americas, and APAC. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen AS Headlines

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