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Abak (WAR:ABK) Cyclically Adjusted Book per Share : zł1.40 (As of Sep. 2023)


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What is Abak 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.

Abak's adjusted book value per share for the three months ended in Sep. 2023 was zł1.760. 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 zł1.40 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Abak's average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.90% 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 Abak was 14.90% per year. The lowest was 14.90% per year. And the median was 14.90% per year.

As of today (2024-05-22), Abak's current stock price is zł4.40. Abak's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł1.40. Abak's Cyclically Adjusted PB Ratio of today is 3.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Abak was 5.04. The lowest was 1.61. And the median was 2.69.


Abak Cyclically Adjusted Book per Share Historical Data

The historical data trend for Abak'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.

Abak Cyclically Adjusted Book per Share Chart

Abak Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.85 0.93 1.05 1.29

Abak Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.24 1.29 1.37 1.39 1.40

Competitive Comparison of Abak's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Abak'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.


Abak's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Abak's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Abak 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, Abak's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.76/146.1131*146.1131
=1.760

Current CPI (Sep. 2023) = 146.1131.

Abak Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.845 101.018 1.222
201403 0.828 101.262 1.195
201406 0.829 101.180 1.197
201409 0.762 100.611 1.107
201412 0.726 100.122 1.059
201503 0.735 100.041 1.073
201506 0.784 100.448 1.140
201509 0.742 99.634 1.088
201512 0.749 99.471 1.100
201603 0.759 98.983 1.120
201606 0.732 99.552 1.074
201609 0.700 99.064 1.032
201612 0.762 100.366 1.109
201703 0.792 101.018 1.146
201706 0.815 101.180 1.177
201709 0.840 101.343 1.211
201712 0.868 102.564 1.237
201803 1.007 102.564 1.435
201806 1.000 103.378 1.413
201809 1.048 103.378 1.481
201812 1.015 103.785 1.429
201903 1.041 104.274 1.459
201906 1.071 105.983 1.477
201909 1.028 105.983 1.417
201912 1.024 107.123 1.397
202003 1.108 109.076 1.484
202006 1.250 109.402 1.669
202009 1.189 109.320 1.589
202012 1.249 109.565 1.666
202103 1.258 112.658 1.632
202106 1.256 113.960 1.610
202109 1.355 115.588 1.713
202112 1.414 119.088 1.735
202203 1.475 125.031 1.724
202206 1.587 131.705 1.761
202209 1.594 135.531 1.718
202212 1.714 139.113 1.800
202303 1.749 145.950 1.751
202306 1.706 147.009 1.696
202309 1.760 146.113 1.760

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


Abak  (WAR:ABK) 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.

Abak's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.40/1.4
=3.14

* 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 Abak was 5.04. The lowest was 1.61. And the median was 2.69.


Be Aware

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


Abak Cyclically Adjusted Book per Share Related Terms

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


Abak (WAR:ABK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Abak SA (WAR:ABK) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
18/20 Marii Sk?odowskiej-Curie Street, Office 12, Olsztyn, POL, 10-109
Abak SA is an outsourcing company. The company is engaged in accounting, tax, HR and payroll business individuals, partnerships and legal persons.

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