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Stadio Holdings (JSE:SDO) Cyclically Adjusted Book per Share : R1.63 (As of Dec. 2023)


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What is Stadio Holdings 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.

Stadio Holdings's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was R2.119. 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 R1.63 for the trailing ten years ended in Dec. 2023.

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 (2024-06-05), Stadio Holdings's current stock price is R 4.56. Stadio Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was R1.63. Stadio Holdings's Cyclically Adjusted PB Ratio of today is 2.80.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Stadio Holdings was 3.18. The lowest was 2.79. And the median was 2.95.


Stadio Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stadio Holdings'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.

Stadio Holdings Cyclically Adjusted Book per Share Chart

Stadio Holdings 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 - - - - 1.63

Stadio Holdings Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 - - - - 1.63

Competitive Comparison of Stadio Holdings's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, Stadio Holdings'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.


Stadio Holdings's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Stadio Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stadio Holdings 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, Stadio Holdings'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)
=2.119/152.7175*152.7175
=2.119

Current CPI (Dec. 2023) = 152.7175.

Stadio Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.032 96.794 0.050
201512 0.045 101.808 0.068
201612 0.169 109.002 0.237
201712 1.763 113.907 2.364
201812 2.018 118.921 2.592
201912 1.921 123.717 2.371
202012 1.776 127.467 2.128
202112 1.948 135.029 2.203
202212 2.084 145.156 2.193
202312 2.119 152.718 2.119

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


Stadio Holdings  (JSE:SDO) 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.

Stadio Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.56/1.63
=2.80

* 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 Stadio Holdings was 3.18. The lowest was 2.79. And the median was 2.95.


Be Aware

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


Stadio Holdings Cyclically Adjusted Book per Share Related Terms

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


Stadio Holdings (JSE:SDO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Corner of Oxford and Queen Streets, Office 101, The Village Square, Durbanville, Cape town, WC, ZAF, 7550
Stadio Holdings Ltd is an investment holding company. It is focused on the acquisition of an investment in, growth, and development of higher education institutions. Some of the institutions are Embury Institute for Higher Education, LISOF Fashion Design School and Retail Education Institute, Milpark Education, and others. The company generates a majority of its revenue in the form of Registration and tuition fees.

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