GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Glunz & Jensen Holding A/S (OCSE:GJ) » Definitions » Cyclically Adjusted Book per Share

Glunz & Jensen Holding A/S (OCSE:GJ) Cyclically Adjusted Book per Share : kr68.10 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Glunz & Jensen Holding A/S 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.

Glunz & Jensen Holding A/S's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was kr55.578. 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 kr68.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Glunz & Jensen Holding A/S's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% 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 Glunz & Jensen Holding A/S was 0.90% per year. The lowest was -3.30% per year. And the median was -2.50% per year.

As of today (2024-06-11), Glunz & Jensen Holding A/S's current stock price is kr 70.50. Glunz & Jensen Holding A/S's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was kr68.10. Glunz & Jensen Holding A/S's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Glunz & Jensen Holding A/S was 1.27. The lowest was 0.49. And the median was 0.83.


Glunz & Jensen Holding A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for Glunz & Jensen Holding A/S'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.

Glunz & Jensen Holding A/S Cyclically Adjusted Book per Share Chart

Glunz & Jensen Holding A/S Annual Data
Trend May13 May14 May15 May16 May17 Mar19 Mar20 Mar21 Mar22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.56 66.27 64.63 66.36 68.10

Glunz & Jensen Holding A/S Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Jun23 Dec23
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 - 66.36 - - 68.10

Competitive Comparison of Glunz & Jensen Holding A/S's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Glunz & Jensen Holding A/S'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.


Glunz & Jensen Holding A/S's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glunz & Jensen Holding A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Glunz & Jensen Holding A/S's Cyclically Adjusted PB Ratio falls into.



Glunz & Jensen Holding A/S 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, Glunz & Jensen Holding A/S's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=55.578/116.7000*116.7000
=55.578

Current CPI (Dec. 2023) = 116.7000.

Glunz & Jensen Holding A/S Annual Data

Book Value per Share CPI Adj_Book
201305 78.978 99.200 92.911
201405 79.913 99.700 93.539
201505 81.038 100.400 94.195
201605 83.375 100.500 96.815
201705 45.648 101.300 52.588
201903 47.668 102.900 54.061
202003 40.383 103.300 45.621
202103 40.563 104.300 45.385
202203 47.360 109.900 50.290
202312 55.578 116.700 55.578

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


Glunz & Jensen Holding A/S  (OCSE:GJ) 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.

Glunz & Jensen Holding A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=70.50/68.1
=1.04

* 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 Glunz & Jensen Holding A/S was 1.27. The lowest was 0.49. And the median was 0.83.


Be Aware

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


Glunz & Jensen Holding A/S Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Glunz & Jensen Holding A/S's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Glunz & Jensen Holding A/S (OCSE:GJ) Business Description

Traded in Other Exchanges
N/A
Address
Selandia Park 1, Ringsted, DNK, DK-4100
Glunz & Jensen Holding A/S is active in the press industry. The company sells and develops hardware, where production is controlled from the company's facilities around Europe, the USA, and China. In addition to press services, the company provides aftermarket services and related products, including assembly tables and display units. The company is headquartered in Ringsted. Product area Flexo and Product area Offset, are both part of the Prepress market. All products and services are connected to setters and printing equipment. Geographically, the majority is from the EMEA (Europe, Middle East, Africa).

Glunz & Jensen Holding A/S (OCSE:GJ) Headlines

No Headlines