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Fiskars Oyj (OHEL:FSKRS) Cyclically Adjusted Book per Share : €13.66 (As of Mar. 2024)


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What is Fiskars Oyj 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.

Fiskars Oyj's adjusted book value per share for the three months ended in Mar. 2024 was €9.342. 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 €13.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fiskars Oyj's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% 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 Fiskars Oyj was 7.80% per year. The lowest was 3.10% per year. And the median was 6.00% per year.

As of today (2024-05-15), Fiskars Oyj's current stock price is €17.16. Fiskars Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.66. Fiskars Oyj's Cyclically Adjusted PB Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fiskars Oyj was 1.97. The lowest was 0.74. And the median was 1.34.


Fiskars Oyj Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fiskars Oyj'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.

Fiskars Oyj Cyclically Adjusted Book per Share Chart

Fiskars Oyj 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 11.01 11.23 11.87 13.12 13.65

Fiskars Oyj 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 13.42 13.55 13.64 13.65 13.66

Competitive Comparison of Fiskars Oyj's Cyclically Adjusted Book per Share

For the Home Improvement Retail subindustry, Fiskars Oyj'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.


Fiskars Oyj's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fiskars Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fiskars Oyj 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, Fiskars Oyj'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)
=9.342/121.2200*121.2200
=9.342

Current CPI (Mar. 2024) = 121.2200.

Fiskars Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.459 100.147 9.029
201409 7.836 100.726 9.430
201412 14.063 100.229 17.008
201503 14.461 100.120 17.509
201506 14.557 100.030 17.641
201509 13.735 100.130 16.628
201512 14.538 99.990 17.625
201603 13.826 100.080 16.746
201606 13.689 100.390 16.529
201609 14.232 100.540 17.159
201612 14.906 101.020 17.887
201703 14.923 100.910 17.927
201706 15.018 101.140 18.000
201709 16.138 101.320 19.308
201712 15.535 101.510 18.551
201803 15.140 101.730 18.041
201806 15.052 102.320 17.832
201809 15.399 102.600 18.194
201812 14.795 102.710 17.461
201903 14.960 102.870 17.629
201906 9.290 103.360 10.895
201909 9.179 103.540 10.746
201912 9.337 103.650 10.920
202003 9.107 103.490 10.667
202006 9.233 103.320 10.833
202009 9.078 103.710 10.611
202012 9.303 103.890 10.855
202103 8.899 104.870 10.286
202106 9.267 105.360 10.662
202109 9.678 106.290 11.037
202112 9.967 107.490 11.240
202203 9.614 110.950 10.504
202206 10.037 113.570 10.713
202209 10.431 114.920 11.003
202212 10.174 117.320 10.512
202303 9.707 119.750 9.826
202306 9.710 120.690 9.753
202309 9.883 121.280 9.878
202312 10.148 121.220 10.148
202403 9.342 121.220 9.342

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


Fiskars Oyj  (OHEL:FSKRS) 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.

Fiskars Oyj's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.16/13.66
=1.26

* 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 Fiskars Oyj was 1.97. The lowest was 0.74. And the median was 1.34.


Be Aware

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


Fiskars Oyj Cyclically Adjusted Book per Share Related Terms

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


Fiskars Oyj (OHEL:FSKRS) Business Description

Industry
Traded in Other Exchanges
Address
Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151
Fiskars Oyj is a Finnish company that supplies consumer products for home, garden, and outdoor use. The company operates in Europe, the Americas, and the Asia-Pacific region. Fiskar's business areas are functional products, which offer household tools; living products, which offer tabletop and interior decoration products; and outdoor products, which offer gear for recreational and professional use. The major brands of the company include Fiskars, Waterford, Wedgwood, Iittala, Gerber, and Royal Copenhagen. The firm derives the majority of its revenue from sales in Europe and the Americas, with overall sales fairly evenly split between the two. Revenue is also fairly evenly split between the functional products and living products segments, stemming mostly from the Fiskars brand.

Fiskars Oyj (OHEL:FSKRS) Headlines

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