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Volgogradenergosbyt PJSC (MIC:VGSB) Cyclically Adjusted Book per Share : ₽-14.03 (As of Dec. 2023)


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What is Volgogradenergosbyt PJSC 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.

Volgogradenergosbyt PJSC's adjusted book value per share for the three months ended in Dec. 2023 was ₽-9.508. 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 ₽-14.03 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.50% 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 Volgogradenergosbyt PJSC was -20.50% per year. The lowest was -20.50% per year. And the median was -20.50% per year.

As of today (2024-05-28), Volgogradenergosbyt PJSC's current stock price is ₽17.10. Volgogradenergosbyt PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽-14.03. Volgogradenergosbyt PJSC's Cyclically Adjusted PB Ratio of today is .


Volgogradenergosbyt PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Volgogradenergosbyt PJSC'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.

Volgogradenergosbyt PJSC Cyclically Adjusted Book per Share Chart

Volgogradenergosbyt PJSC 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 - -8.02 -10.34 -12.53 -14.03

Volgogradenergosbyt PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 -12.00 -12.53 -13.07 -13.71 -14.03

Competitive Comparison of Volgogradenergosbyt PJSC's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Volgogradenergosbyt PJSC'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.


Volgogradenergosbyt PJSC's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Volgogradenergosbyt PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Volgogradenergosbyt PJSC 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, Volgogradenergosbyt PJSC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-9.508/244.6000*244.6000
=-9.508

Current CPI (Dec. 2023) = 244.6000.

Volgogradenergosbyt PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201312 -8.988 124.900 -17.602
201403 -2.082 127.800 -3.985
201406 -2.511 130.900 -4.692
201409 -2.073 132.700 -3.821
201412 -8.826 139.000 -15.531
201503 -8.867 149.400 -14.517
201506 -8.774 150.900 -14.222
201509 -8.617 153.500 -13.731
201512 -8.522 157.000 -13.277
201603 -8.324 160.200 -12.709
201606 -8.160 162.200 -12.305
201609 -7.929 163.300 -11.877
201612 -8.133 165.400 -12.027
201703 -7.837 167.000 -11.479
201706 -7.286 169.200 -10.533
201709 -7.050 168.200 -10.252
201712 -7.367 169.600 -10.625
201803 -7.296 171.000 -10.436
201806 -10.198 173.100 -14.410
201809 -10.163 173.900 -14.295
201812 -7.110 176.800 -9.837
201903 -10.082 179.900 -13.708
201906 -10.099 181.200 -13.633
201909 -9.878 180.800 -13.364
201912 -16.574 182.200 -22.250
202003 -16.403 184.500 -21.746
202006 -15.897 187.000 -20.794
202009 -15.622 187.400 -20.390
202012 -16.270 191.100 -20.825
202103 -16.092 195.200 -20.164
202106 -15.859 199.100 -19.483
202109 -15.733 201.300 -19.117
202112 -15.376 207.200 -18.151
202203 -15.174 227.800 -16.293
202206 -14.845 230.800 -15.733
202209 -14.446 228.800 -15.444
202212 -13.735 231.900 -14.487
202303 -12.561 235.800 -13.030
202309 -10.697 242.600 -10.785
202312 -9.508 244.600 -9.508

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


Volgogradenergosbyt PJSC  (MIC:VGSB) 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.


Be Aware

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


Volgogradenergosbyt PJSC Cyclically Adjusted Book per Share Related Terms

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


Volgogradenergosbyt PJSC (MIC:VGSB) Business Description

Traded in Other Exchanges
Address
ul. Kozlovskaya, d. 14, Volgograd, RUS, 400001
Volgogradenergosbyt PJSC purchases and sells electricity to industrial consumers in the wholesale and retail markets.

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