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Navigo Invest AB (OSTO:NAVIGO PREF) Cyclically Adjusted Book per Share : kr14.82 (As of Mar. 2024)


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What is Navigo Invest 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.

Navigo Invest AB's adjusted book value per share for the three months ended in Mar. 2024 was kr16.905. 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 kr14.82 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-01), Navigo Invest AB's current stock price is kr106.50. Navigo Invest AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr14.82. Navigo Invest AB's Cyclically Adjusted PB Ratio of today is 7.19.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Navigo Invest AB was 7.42. The lowest was 7.12. And the median was 7.27.


Navigo Invest AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Navigo Invest 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.

Navigo Invest AB Cyclically Adjusted Book per Share Chart

Navigo Invest AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Navigo Invest 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 - - - - 14.82

Competitive Comparison of Navigo Invest AB's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Navigo Invest 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.


Navigo Invest AB's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



Navigo Invest 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, Navigo Invest 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)
=16.905/132.2054*132.2054
=16.905

Current CPI (Mar. 2024) = 132.2054.

Navigo Invest 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 5.464 100.225 7.208
201503 0.000 99.950 0.000
201506 12.747 99.995 16.853
201509 12.808 100.228 16.894
201512 12.739 100.276 16.795
201603 16.257 100.751 21.332
201606 13.964 101.019 18.275
201609 13.836 101.138 18.086
201612 15.101 102.022 19.569
201703 13.301 102.022 17.236
201706 15.725 102.752 20.232
201709 12.748 103.279 16.318
201712 13.619 103.793 17.347
201803 13.589 103.962 17.281
201806 9.084 104.875 11.451
201809 14.609 105.679 18.276
201812 13.241 105.912 16.528
201903 12.132 105.886 15.148
201906 5.758 106.742 7.132
201909 5.170 107.214 6.375
201912 5.070 107.766 6.220
202003 3.840 106.563 4.764
202006 4.571 107.498 5.622
202009 7.014 107.635 8.615
202012 7.854 108.296 9.588
202103 9.426 108.360 11.500
202106 9.269 108.928 11.250
202109 12.299 110.338 14.736
202112 16.552 112.486 19.454
202203 16.032 114.825 18.459
202206 15.485 118.384 17.293
202209 17.092 122.296 18.477
202212 16.563 126.365 17.328
202303 16.773 127.042 17.455
202306 17.318 129.407 17.693
202309 17.496 130.224 17.762
202312 16.894 131.912 16.932
202403 16.905 132.205 16.905

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


Navigo Invest AB  (OSTO:NAVIGO PREF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=106.50/14.82
=7.19

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Navigo Invest AB was 7.42. The lowest was 7.12. And the median was 7.27.


Be Aware

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


Navigo Invest AB Cyclically Adjusted Book per Share Related Terms

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


Navigo Invest AB (OSTO:NAVIGO PREF) Business Description

Traded in Other Exchanges
Address
Stora Nygatan 31, Göteborg, SWE, 411 08
Navigo Invest AB is an investment company that invests in smaller and medium sized unlisted companies in Sweden. The company also offers professional services, Pegroco Advisory, which includes services within capital procurement, company transactions and business development.

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