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Kogeneracja (WAR:KGN) Cyclically Adjusted Book per Share : zł143.20 (As of Mar. 2024)


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What is Kogeneracja 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.

Kogeneracja's adjusted book value per share for the three months ended in Mar. 2024 was zł152.622. 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 zł143.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kogeneracja's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Kogeneracja was 12.90% per year. The lowest was 6.00% per year. And the median was 9.90% per year.

As of today (2024-06-08), Kogeneracja's current stock price is zł47.00. Kogeneracja's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł143.20. Kogeneracja's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kogeneracja was 1.02. The lowest was 0.16. And the median was 0.35.


Kogeneracja Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kogeneracja'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.

Kogeneracja Cyclically Adjusted Book per Share Chart

Kogeneracja 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 92.57 98.19 109.67 130.61 141.17

Kogeneracja 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 137.69 139.22 138.96 141.17 143.20

Competitive Comparison of Kogeneracja's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Kogeneracja'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.


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

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

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



Kogeneracja 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, Kogeneracja'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)
=152.622/149.0435*149.0435
=152.622

Current CPI (Mar. 2024) = 149.0435.

Kogeneracja Quarterly Data

Book Value per Share CPI Adj_Book
201406 83.662 101.180 123.238
201409 82.323 100.611 121.953
201412 83.323 100.122 124.036
201503 88.337 100.041 131.607
201506 89.514 100.448 132.820
201509 88.389 99.634 132.222
201512 94.816 99.471 142.069
201603 98.455 98.983 148.249
201606 92.957 99.552 139.169
201609 90.967 99.064 136.862
201612 97.944 100.366 145.446
201703 102.823 101.018 151.707
201706 97.110 101.180 143.048
201709 96.499 101.343 141.919
201712 101.192 102.564 147.050
201803 108.079 102.564 157.058
201806 99.292 103.378 143.152
201809 97.645 103.378 140.778
201812 98.956 103.785 142.109
201903 103.018 104.274 147.249
201906 102.400 105.983 144.005
201909 101.363 105.983 142.547
201912 104.488 107.123 145.378
202003 113.357 109.076 154.893
202006 113.448 109.402 154.556
202009 111.852 109.320 152.495
202012 112.721 109.565 153.337
202103 117.615 112.658 155.602
202106 118.328 113.960 154.756
202109 117.567 115.588 151.595
202112 116.754 119.088 146.122
202203 121.820 125.031 145.216
202206 121.678 131.705 137.696
202209 121.753 135.531 133.892
202212 126.358 139.113 135.378
202303 140.693 145.950 143.675
202306 141.627 147.009 143.588
202309 141.189 146.113 144.021
202312 143.428 147.741 144.692
202403 152.622 149.044 152.622

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


Kogeneracja  (WAR:KGN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.00/143.2
=0.33

* 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 Kogeneracja was 1.02. The lowest was 0.16. And the median was 0.35.


Be Aware

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


Kogeneracja Cyclically Adjusted Book per Share Related Terms

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


Kogeneracja (WAR:KGN) Business Description

Industry
Traded in Other Exchanges
Address
ul. Lowiecka 24, Wroclaw, POL, 50-220
Kogeneracja SA through its subsidiaries is engaged in the production of electricity and heating. The products and services of the company include District heating, New-generation network heat, Electricity, and Energy Services. Its production plants include Elektrocieplownia Wroclaw, Elektrocieplownia Czechnica and Elektrocieplownia Zawidawie.

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