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Advertigo (WAR:AVE) Cyclically Adjusted Book per Share : zł0.43 (As of Mar. 2024)


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What is Advertigo 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.

Advertigo's adjusted book value per share for the three months ended in Mar. 2024 was zł0.115. 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 zł0.43 for the trailing ten years ended in Mar. 2024.

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 (2024-06-11), Advertigo's current stock price is zł0.33. Advertigo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.43. Advertigo's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Advertigo was 14.18. The lowest was 0.77. And the median was 3.07.


Advertigo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Advertigo'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.

Advertigo Cyclically Adjusted Book per Share Chart

Advertigo 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 - - 0.11 0.12 0.13

Advertigo 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 0.43 0.43 0.42 0.43 0.43

Competitive Comparison of Advertigo's Cyclically Adjusted Book per Share

For the Publishing subindustry, Advertigo'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.


Advertigo's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Advertigo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Advertigo 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, Advertigo'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)
=0.115/149.0435*149.0435
=0.115

Current CPI (Mar. 2024) = 149.0435.

Advertigo Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.115 101.180 0.169
201409 0.108 100.611 0.160
201412 0.107 100.122 0.159
201503 0.113 100.041 0.168
201506 0.113 100.448 0.168
201509 0.114 99.634 0.171
201512 0.108 99.471 0.162
201603 0.101 98.983 0.152
201606 0.099 99.552 0.148
201609 0.096 99.064 0.144
201612 0.089 100.366 0.132
201703 0.085 101.018 0.125
201706 0.080 101.180 0.118
201709 0.076 101.343 0.112
201712 0.079 102.564 0.115
201803 0.076 102.564 0.110
201806 0.072 103.378 0.104
201809 0.071 103.378 0.102
201812 0.074 103.785 0.106
201903 0.079 104.274 0.113
201906 0.073 105.983 0.103
201909 0.073 105.983 0.103
201912 0.076 107.123 0.106
202003 0.086 109.076 0.118
202006 0.133 109.402 0.181
202009 0.121 109.320 0.165
202012 0.116 109.565 0.158
202103 0.117 112.658 0.155
202106 0.117 113.960 0.153
202109 0.117 115.588 0.151
202112 0.117 119.088 0.146
202203 0.116 125.031 0.138
202206 0.115 131.705 0.130
202209 0.117 135.531 0.129
202212 0.116 139.113 0.124
202303 11.653 145.950 11.900
202306 0.116 147.009 0.118
202309 0.116 146.113 0.118
202312 0.115 147.741 0.116
202403 0.115 149.044 0.115

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


Advertigo  (WAR:AVE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.33/0.43
=0.77

* 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 Advertigo was 14.18. The lowest was 0.77. And the median was 3.07.


Be Aware

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


Advertigo Cyclically Adjusted Book per Share Related Terms

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


Advertigo (WAR:AVE) Business Description

Traded in Other Exchanges
N/A
Address
Cedrowa 34, Warsaw, POL, 04-533
Advertigo SA is a media company. The company operates through the press and the internet. It publishes monthly music collection, newspaper and magazine, namely, PSX Extreme, Rock now, Now Rock Collection, PPE.pl, PSSite.com, nowrock.pl and ps3forum.pl.

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