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ARHOF (Amrest Holdings SE) Cyclically Adjusted Book per Share : $2.54 (As of Jun. 2024)


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What is Amrest Holdings SE 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.

Amrest Holdings SE's adjusted book value per share for the three months ended in Jun. 2024 was $1.750. 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 $2.54 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Amrest Holdings SE's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 Amrest Holdings SE was 6.20% per year. The lowest was 4.30% per year. And the median was 4.90% per year.

As of today (2024-09-22), Amrest Holdings SE's current stock price is $8.51697. Amrest Holdings SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $2.54. Amrest Holdings SE's Cyclically Adjusted PB Ratio of today is 3.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amrest Holdings SE was 9.60. The lowest was 2.26. And the median was 4.30.


Amrest Holdings SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Amrest Holdings SE'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.

Amrest Holdings SE Cyclically Adjusted Book per Share Chart

Amrest Holdings SE 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 1.23 2.01 3.02 2.29

Amrest Holdings SE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.63 2.42 2.29 2.53 2.54

Competitive Comparison of Amrest Holdings SE's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Amrest Holdings SE'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.


Amrest Holdings SE's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Amrest Holdings SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Amrest Holdings SE 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, Amrest Holdings SE's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.75/124.4086*124.4086
=1.750

Current CPI (Jun. 2024) = 124.4086.

Amrest Holdings SE Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.469 100.441 1.820
201412 1.239 100.251 1.538
201503 1.180 99.474 1.476
201506 1.222 101.138 1.503
201509 1.266 99.559 1.582
201512 1.245 100.268 1.545
201603 1.334 98.638 1.683
201606 1.427 100.333 1.769
201609 1.502 99.737 1.874
201612 1.470 101.842 1.796
201703 1.499 100.896 1.848
201706 1.535 101.848 1.875
201709 1.730 101.524 2.120
201712 1.760 102.975 2.126
201803 1.896 102.122 2.310
201806 1.791 104.165 2.139
201809 1.849 103.818 2.216
201812 2.196 104.193 2.622
201903 2.224 103.488 2.674
201906 2.194 104.612 2.609
201909 2.227 103.905 2.666
201912 2.372 105.015 2.810
202003 2.031 103.469 2.442
202006 1.493 104.254 1.782
202009 1.527 103.521 1.835
202012 1.433 104.456 1.707
202103 1.331 104.857 1.579
202106 1.471 107.102 1.709
202109 1.580 107.669 1.826
202112 1.540 111.298 1.721
202203 1.489 115.153 1.609
202206 1.480 118.044 1.560
202209 1.526 117.221 1.620
202212 1.547 117.650 1.636
202303 1.560 118.948 1.632
202306 1.825 120.278 1.888
202309 1.894 121.343 1.942
202312 1.927 121.300 1.976
202403 1.888 122.762 1.913
202406 1.750 124.409 1.750

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


Amrest Holdings SE  (OTCPK:ARHOF) 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.

Amrest Holdings SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.51697/2.54
=3.35

* 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 Amrest Holdings SE was 9.60. The lowest was 2.26. And the median was 4.30.


Be Aware

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


Amrest Holdings SE Cyclically Adjusted Book per Share Related Terms

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


Amrest Holdings SE Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana 163, 10th floor, Madrid, ESP, 28046
Amrest Holdings SE operates restaurants under several brand names, both owned and franchised, in Poland, Spain, the Czech Republic, Russia, and several other countries. In the Quick Service category, it operates KFC, Burger King, and Starbucks restaurants as a franchisee. In the Casual Dining category, it owns and operates La Tagliatella, Blue Frog, and KABB restaurants, and it franchises Pizza Hut restaurants. KFC restaurants comprise more than half of all restaurants that AmRest operates. Most of the company's revenue is generated in Central and Eastern Europe.

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