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L E Lundbergforetagen AB (L E Lundbergforetagen AB) Cyclically Adjusted Book per Share : $30.60 (As of Mar. 2024)


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What is L E Lundbergforetagen 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.

L E Lundbergforetagen AB's adjusted book value per share for the three months ended in Mar. 2024 was $43.561. 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 $30.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, L E Lundbergforetagen AB's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.90% 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 L E Lundbergforetagen AB was 15.90% per year. The lowest was 11.30% per year. And the median was 13.45% per year.

As of today (2024-06-08), L E Lundbergforetagen AB's current stock price is $50.76. L E Lundbergforetagen AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $30.60. L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of L E Lundbergforetagen AB was 2.65. The lowest was 1.31. And the median was 1.84.


L E Lundbergforetagen AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for L E Lundbergforetagen 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.

L E Lundbergforetagen AB Cyclically Adjusted Book per Share Chart

L E Lundbergforetagen 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 - 26.76 26.66 31.68 30.30

L E Lundbergforetagen 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 30.71 29.80 29.42 30.30 30.60

Competitive Comparison of L E Lundbergforetagen AB's Cyclically Adjusted Book per Share

For the Asset Management subindustry, L E Lundbergforetagen 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.


L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



L E Lundbergforetagen 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, L E Lundbergforetagen 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)
=43.561/132.2054*132.2054
=43.561

Current CPI (Mar. 2024) = 132.2054.

L E Lundbergforetagen AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.460 100.432 33.515
201409 23.770 100.161 31.375
201412 23.167 100.225 30.559
201503 22.315 99.950 29.516
201506 22.935 99.995 30.323
201509 22.567 100.228 29.767
201512 22.798 100.276 30.057
201603 24.006 100.751 31.501
201606 24.290 101.019 31.789
201609 25.350 101.138 33.137
201612 25.010 102.022 32.409
201703 27.211 102.022 35.262
201706 28.421 102.752 36.568
201709 31.310 103.279 40.079
201712 30.075 103.793 38.308
201803 31.311 103.962 39.817
201806 29.991 104.875 37.807
201809 30.668 105.679 38.366
201812 28.650 105.912 35.763
201903 30.020 105.886 37.482
201906 30.306 106.742 37.536
201909 29.467 107.214 36.336
201912 34.710 107.766 42.582
202003 30.844 106.563 38.266
202006 34.732 107.498 42.715
202009 37.071 107.635 45.533
202012 41.104 108.296 50.179
202103 43.257 108.360 52.776
202106 44.252 108.928 53.709
202109 42.665 110.338 51.120
202112 44.175 112.486 51.919
202203 40.275 114.825 46.371
202206 37.386 118.384 41.751
202209 34.385 122.296 37.171
202212 38.784 126.365 40.576
202303 39.319 127.042 40.917
202306 37.940 129.407 38.761
202309 37.080 130.224 37.644
202312 42.281 131.912 42.375
202403 43.561 132.205 43.561

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


L E Lundbergforetagen AB  (OTCPK:LBGUF) 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.

L E Lundbergforetagen AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.76/30.6
=1.66

* 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 L E Lundbergforetagen AB was 2.65. The lowest was 1.31. And the median was 1.84.


Be Aware

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


L E Lundbergforetagen AB Cyclically Adjusted Book per Share Related Terms

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


L E Lundbergforetagen AB (L E Lundbergforetagen AB) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

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