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Rainbow Tours (WAR:RBW) Cyclically Adjusted Book per Share : zł9.72 (As of Dec. 2023)


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What is Rainbow Tours 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.

Rainbow Tours's adjusted book value per share for the three months ended in Dec. 2023 was zł14.219. 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 zł9.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rainbow Tours's average Cyclically Adjusted Book Growth Rate was 16.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.30% 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 Rainbow Tours was 18.30% per year. The lowest was 15.70% per year. And the median was 17.00% per year.

As of today (2024-05-21), Rainbow Tours's current stock price is zł106.00. Rainbow Tours's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł9.72. Rainbow Tours's Cyclically Adjusted PB Ratio of today is 10.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rainbow Tours was 11.56. The lowest was 1.48. And the median was 4.02.


Rainbow Tours Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rainbow Tours'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.

Rainbow Tours Cyclically Adjusted Book per Share Chart

Rainbow Tours 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 5.41 5.87 6.76 8.37 9.72

Rainbow Tours Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 8.37 8.91 9.12 9.38 9.72

Competitive Comparison of Rainbow Tours's Cyclically Adjusted Book per Share

For the Travel Services subindustry, Rainbow Tours'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.


Rainbow Tours's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rainbow Tours's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rainbow Tours 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, Rainbow Tours'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)
=14.219/147.7411*147.7411
=14.219

Current CPI (Dec. 2023) = 147.7411.

Rainbow Tours Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.563 101.262 5.198
201406 3.709 101.180 5.416
201409 5.599 100.611 8.222
201412 3.967 100.122 5.854
201503 5.441 100.041 8.035
201506 5.183 100.448 7.623
201509 7.010 99.634 10.395
201512 5.347 99.471 7.942
201603 6.719 98.983 10.029
201606 4.949 99.552 7.345
201609 6.389 99.064 9.528
201612 6.248 100.366 9.197
201703 6.058 101.018 8.860
201706 5.108 101.180 7.459
201709 8.105 101.343 11.816
201712 7.239 102.564 10.428
201803 7.686 102.564 11.071
201806 7.032 103.378 10.050
201809 7.601 103.378 10.863
201812 7.269 103.785 10.348
201903 7.520 104.274 10.655
201906 7.442 105.983 10.374
201909 10.508 105.983 14.648
201912 8.843 107.123 12.196
202003 9.324 109.076 12.629
202006 8.070 109.402 10.898
202009 8.176 109.320 11.049
202012 6.378 109.565 8.600
202103 5.922 112.658 7.766
202106 5.230 113.960 6.780
202109 8.804 115.588 11.253
202112 7.437 119.088 9.226
202203 7.112 125.031 8.404
202206 6.758 131.705 7.581
202209 10.559 135.531 11.510
202212 7.694 139.113 8.171
202303 8.872 145.950 8.981
202306 9.923 147.009 9.972
202309 17.909 146.113 18.109
202312 14.219 147.741 14.219

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


Rainbow Tours  (WAR:RBW) 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.

Rainbow Tours's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=106.00/9.72
=10.91

* 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 Rainbow Tours was 11.56. The lowest was 1.48. And the median was 4.02.


Be Aware

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


Rainbow Tours Cyclically Adjusted Book per Share Related Terms

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


Rainbow Tours (WAR:RBW) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul: Piotrkowska 270, Lodz, POL, 90-361
Website
Rainbow Tours SA is a Poland-based tour operator which provides a range of tour options, including city tours, long-distance airplane trips, package holidays, last minute and last second trips, to various destinations worldwide. The company also offers online flight ticket reservation services.

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