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Yara International ASA (Yara International ASA) Cyclically Adjusted Book per Share : $14.95 (As of Mar. 2024)


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What is Yara International ASA 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.

Yara International ASA's adjusted book value per share for the three months ended in Mar. 2024 was $14.543. 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 $14.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yara International ASA's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Yara International ASA was 8.70% per year. The lowest was 7.00% per year. And the median was 8.30% per year.

As of today (2024-06-07), Yara International ASA's current stock price is $14.66. Yara International ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.95. Yara International ASA's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yara International ASA was 2.06. The lowest was 0.97. And the median was 1.57.


Yara International ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yara International ASA'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.

Yara International ASA Cyclically Adjusted Book per Share Chart

Yara International ASA 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 13.42 14.83 15.68 15.26 15.78

Yara International ASA 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 14.72 14.70 14.73 15.78 14.95

Competitive Comparison of Yara International ASA's Cyclically Adjusted Book per Share

For the Agricultural Inputs subindustry, Yara International ASA'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.


Yara International ASA's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yara International ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yara International ASA's Cyclically Adjusted PB Ratio falls into.



Yara International ASA 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, Yara International ASA'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)
=14.543/132.6000*132.6000
=14.543

Current CPI (Mar. 2024) = 132.6000.

Yara International ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.219 97.500 22.058
201409 15.895 98.500 21.398
201412 15.565 98.600 20.932
201503 14.940 99.200 19.970
201506 15.138 100.100 20.053
201509 15.523 100.600 20.461
201512 15.329 100.900 20.145
201603 16.135 102.500 20.873
201606 15.835 103.800 20.229
201609 15.981 104.200 20.337
201612 15.824 104.400 20.098
201703 16.314 105.000 20.602
201706 16.098 105.800 20.176
201709 16.714 105.900 20.928
201712 16.882 106.100 21.099
201803 17.298 107.300 21.377
201806 15.989 108.500 19.540
201809 16.150 109.500 19.557
201812 15.921 109.800 19.227
201903 16.148 110.400 19.395
201906 16.298 110.600 19.540
201909 15.585 111.100 18.601
201912 16.289 111.300 19.406
202003 14.745 111.200 17.583
202006 14.791 112.100 17.496
202009 15.373 112.900 18.055
202012 15.477 112.900 18.178
202103 15.201 114.600 17.589
202106 15.570 115.300 17.906
202109 13.868 117.500 15.650
202112 13.944 118.900 15.551
202203 15.913 119.800 17.613
202206 15.095 122.600 16.326
202209 15.252 125.600 16.102
202212 16.855 125.900 17.752
202303 17.148 127.600 17.820
202306 14.092 130.400 14.330
202309 14.019 129.800 14.321
202312 14.824 131.900 14.903
202403 14.543 132.600 14.543

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


Yara International ASA  (OTCPK:YARIY) 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.

Yara International ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.66/14.95
=0.98

* 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 Yara International ASA was 2.06. The lowest was 0.97. And the median was 1.57.


Be Aware

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


Yara International ASA Cyclically Adjusted Book per Share Related Terms

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


Yara International ASA (Yara International ASA) Business Description

Address
Drammensveien 131, Oslo, NOR, 0277
Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

Yara International ASA (Yara International ASA) Headlines

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