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Galata Investment Co AD (XBUL:GTH) Cyclically Adjusted Book per Share : лв1.36 (As of Mar. 2024)


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What is Galata Investment Co AD 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.

Galata Investment Co AD's adjusted book value per share for the three months ended in Mar. 2024 was лв1.143. 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 лв1.36 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 (2024-06-08), Galata Investment Co AD's current stock price is лв2.56. Galata Investment Co AD's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was лв1.36. Galata Investment Co AD's Cyclically Adjusted PB Ratio of today is 1.88.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Galata Investment Co AD was 1.97. The lowest was 1.82. And the median was 1.87.


Galata Investment Co AD Cyclically Adjusted Book per Share Historical Data

The historical data trend for Galata Investment Co AD'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.

Galata Investment Co AD Cyclically Adjusted Book per Share Chart

Galata Investment Co AD 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 - - - - 1.34

Galata Investment Co AD 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 - - 1.36 1.34 1.36

Competitive Comparison of Galata Investment Co AD's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Galata Investment Co AD'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.


Galata Investment Co AD's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Galata Investment Co AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Galata Investment Co AD's Cyclically Adjusted PB Ratio falls into.



Galata Investment Co AD 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, Galata Investment Co AD'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)
=1.143/131.7762*131.7762
=1.143

Current CPI (Mar. 2024) = 131.7762.

Galata Investment Co AD Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.112 100.560 1.457
201409 1.111 100.428 1.458
201412 1.117 99.070 1.486
201503 1.117 99.621 1.478
201506 1.116 100.684 1.461
201509 1.116 100.392 1.465
201512 1.117 99.792 1.475
201603 1.114 100.470 1.461
201606 1.117 101.688 1.448
201609 1.120 101.861 1.449
201612 1.119 101.863 1.448
201703 1.119 102.862 1.434
201706 1.119 103.349 1.427
201709 1.117 104.136 1.413
201712 1.116 104.011 1.414
201803 1.122 105.290 1.404
201806 1.124 106.317 1.393
201809 1.117 106.507 1.382
201812 1.131 105.998 1.406
201903 1.122 107.251 1.379
201906 1.123 108.070 1.369
201909 1.123 108.329 1.366
201912 1.122 108.420 1.364
202003 1.171 108.902 1.417
202006 1.171 108.767 1.419
202009 1.172 109.815 1.406
202012 1.141 109.897 1.368
202103 1.141 111.754 1.345
202106 1.141 114.631 1.312
202109 1.142 115.734 1.300
202112 1.142 117.630 1.279
202203 1.142 121.301 1.241
202206 1.142 125.017 1.204
202209 1.143 125.227 1.203
202212 1.142 125.222 1.202
202303 1.142 127.348 1.182
202306 1.142 128.729 1.169
202309 1.142 129.860 1.159
202312 1.143 129.419 1.164
202403 1.143 131.776 1.143

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


Galata Investment Co AD  (XBUL:GTH) 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.

Galata Investment Co AD's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.56/1.36
=1.88

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Galata Investment Co AD was 1.97. The lowest was 1.82. And the median was 1.87.


Be Aware

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


Galata Investment Co AD Cyclically Adjusted Book per Share Related Terms

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


Galata Investment Co AD (XBUL:GTH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Georgi Stamatov Street, Asparuhovo, Varna, BGR, 9003
Galata Investment Co AD is engaged in the real estate sector. The company is engaged in the buying and selling real estate and letting of its own real estates.