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Albena (XBUL:ALB) Cyclically Adjusted Book per Share : лв125.18 (As of Sep. 2023)


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What is Albena 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.

Albena's adjusted book value per share for the three months ended in Sep. 2023 was лв113.875. 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 лв125.18 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Albena's average Cyclically Adjusted Book Growth Rate was 2.90% 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.

As of today (2024-06-01), Albena's current stock price is лв26.80. Albena's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was лв125.18. Albena's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Albena was 0.33. The lowest was 0.20. And the median was 0.23.


Albena Cyclically Adjusted Book per Share Historical Data

The historical data trend for Albena'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.

Albena Cyclically Adjusted Book per Share Chart

Albena 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 - - - 114.20 121.34

Albena Quarterly Data
Sep18 Dec18 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 121.62 121.34 123.02 124.20 125.18

Competitive Comparison of Albena's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Albena'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.


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

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

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



Albena 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, Albena'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)
=113.875/129.8595*129.8595
=113.875

Current CPI (Sep. 2023) = 129.8595.

Albena Quarterly Data

Book Value per Share CPI Adj_Book
201303 82.571 98.209 109.181
201306 80.133 98.518 105.626
201309 88.419 98.790 116.227
201312 91.437 98.326 120.761
201403 86.931 99.695 113.234
201406 84.898 100.560 109.635
201409 0.000 100.428 0.000
201412 107.572 99.070 141.004
201503 94.236 99.621 122.840
201506 92.369 100.684 119.135
201509 99.659 100.392 128.912
201512 109.456 99.792 142.435
201603 96.713 100.470 125.003
201606 93.658 101.688 119.605
201609 101.513 101.861 129.416
201612 108.774 101.863 138.670
201703 109.130 102.862 137.772
201706 106.277 103.349 133.538
201709 114.553 104.136 142.850
201712 111.574 104.011 139.302
201809 0.000 106.507 0.000
201812 113.139 105.998 138.608
201906 0.000 108.070 0.000
201909 116.065 108.329 139.133
201912 114.431 108.420 137.059
202003 0.000 108.902 0.000
202006 110.001 108.767 131.332
202009 113.283 109.815 133.961
202012 111.793 109.897 132.100
202103 109.926 111.754 127.735
202106 107.817 114.631 122.140
202109 113.652 115.734 127.523
202112 112.727 117.630 124.447
202203 110.611 121.301 118.415
202206 107.769 125.017 111.944
202209 113.785 125.227 117.995
202212 111.980 125.222 116.127
202303 109.621 127.348 111.783
202306 106.051 128.729 106.983
202309 113.875 129.860 113.875

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


Albena  (XBUL:ALB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.80/125.18
=0.21

* 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 Albena was 0.33. The lowest was 0.20. And the median was 0.23.


Be Aware

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


Albena Cyclically Adjusted Book per Share Related Terms

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


Albena (XBUL:ALB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
33-35, St. Ivan Rilski street, Sofia, BGR, 1000
Albena operates hotels and restaurants and provides international tourism services. Its facilities include hotels, restaurants, bars, internet cafes, medical services, congress halls, swimming pools and sports services.

Albena (XBUL:ALB) Headlines