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Asseco Business Solutions (WAR:ABS) Cyclically Adjusted Book per Share : zł11.96 (As of Mar. 2024)


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What is Asseco Business Solutions 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.

Asseco Business Solutions's adjusted book value per share for the three months ended in Mar. 2024 was zł12.068. 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 zł11.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asseco Business Solutions's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 Asseco Business Solutions was 10.60% per year. The lowest was 5.10% per year. And the median was 9.40% per year.

As of today (2024-05-26), Asseco Business Solutions's current stock price is zł59.00. Asseco Business Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł11.96. Asseco Business Solutions's Cyclically Adjusted PB Ratio of today is 4.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asseco Business Solutions was 5.18. The lowest was 2.60. And the median was 3.76.


Asseco Business Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions Cyclically Adjusted Book per Share Chart

Asseco Business Solutions 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 8.53 8.75 9.56 11.18 11.84

Asseco Business Solutions 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 11.73 11.79 11.71 11.84 11.96

Competitive Comparison of Asseco Business Solutions's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Asseco Business Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asseco Business Solutions 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, Asseco Business Solutions'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)
=12.068/149.0435*149.0435
=12.068

Current CPI (Mar. 2024) = 149.0435.

Asseco Business Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.342 101.180 10.815
201409 7.524 100.611 11.146
201412 7.800 100.122 11.611
201503 8.043 100.041 11.983
201506 7.398 100.448 10.977
201509 7.642 99.634 11.432
201512 7.957 99.471 11.922
201603 8.267 98.983 12.448
201606 7.534 99.552 11.279
201609 7.869 99.064 11.839
201612 8.229 100.366 12.220
201703 8.630 101.018 12.733
201706 7.640 101.180 11.254
201709 7.946 101.343 11.686
201712 8.366 102.564 12.157
201803 8.809 102.564 12.801
201806 7.941 103.378 11.449
201809 8.367 103.378 12.063
201812 8.927 103.785 12.820
201903 9.241 104.274 13.209
201906 8.162 105.983 11.478
201909 8.631 105.983 12.138
201912 9.459 107.123 13.161
202003 9.923 109.076 13.559
202006 8.593 109.402 11.707
202009 9.065 109.320 12.359
202012 9.933 109.565 13.512
202103 10.423 112.658 13.789
202106 8.920 113.960 11.666
202109 9.481 115.588 12.225
202112 10.368 119.088 12.976
202203 10.895 125.031 12.987
202206 9.316 131.705 10.542
202209 9.952 135.531 10.944
202212 10.822 139.113 11.595
202303 11.430 145.950 11.672
202306 9.713 147.009 9.847
202309 10.483 146.113 10.693
202312 11.349 147.741 11.449
202403 12.068 149.044 12.068

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


Asseco Business Solutions  (WAR:ABS) 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.

Asseco Business Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=59.00/11.96
=4.93

* 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 Asseco Business Solutions was 5.18. The lowest was 2.60. And the median was 3.76.


Be Aware

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


Asseco Business Solutions Cyclically Adjusted Book per Share Related Terms

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


Asseco Business Solutions (WAR:ABS) Business Description

Industry
Traded in Other Exchanges
Address
ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

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