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Lion Capital (BSE:LION) Cyclically Adjusted Book per Share : lei4.54 (As of Jun. 2023)


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What is Lion Capital 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.

Lion Capital's adjusted book value per share for the three months ended in Jun. 2023 was lei6.802. 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 lei4.54 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Lion Capital's average Cyclically Adjusted Book Growth Rate was -100.00% 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 (2024-06-14), Lion Capital's current stock price is lei2.78. Lion Capital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was lei4.54. Lion Capital's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lion Capital was 0.66. The lowest was 0.52. And the median was 0.57.


Lion Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lion Capital'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.

Lion Capital Cyclically Adjusted Book per Share Chart

Lion Capital 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 - - - 4.27 -

Lion Capital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 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 - 4.13 4.27 4.54 -

Competitive Comparison of Lion Capital's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Lion Capital'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.


Lion Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lion Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lion Capital 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, Lion Capital's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=6.802/128.7287*128.7287
=6.802

Current CPI (Jun. 2023) = 128.7287.

Lion Capital Quarterly Data

Book Value per Share CPI Adj_Book
201112 1.171 95.213 1.583
201203 0.000 96.783 0.000
201206 0.000 96.819 0.000
201212 1.594 96.871 2.118
201303 1.604 98.209 2.102
201306 1.631 98.518 2.131
201309 0.000 98.790 0.000
201312 1.874 98.326 2.453
201403 1.960 99.695 2.531
201406 2.069 100.560 2.649
201409 2.109 100.428 2.703
201412 2.806 99.070 3.646
201503 2.135 99.621 2.759
201506 2.082 100.684 2.662
201509 2.124 100.392 2.724
201512 3.259 99.792 4.204
201603 3.267 100.470 4.186
201606 3.200 101.688 4.051
201609 3.331 101.861 4.210
201612 3.645 101.863 4.606
201703 3.783 102.862 4.734
201706 4.162 103.349 5.184
201709 4.201 104.136 5.193
201712 4.359 104.011 5.395
201803 4.802 105.290 5.871
201806 4.636 106.317 5.613
201809 4.707 106.507 5.689
201812 4.427 105.998 5.376
201903 4.638 107.251 5.567
201906 4.879 108.070 5.812
201912 5.291 108.420 6.282
202006 4.683 108.767 5.542
202012 5.222 109.897 6.117
202106 6.036 114.631 6.778
202109 0.000 115.734 0.000
202112 6.636 117.630 7.262
202206 6.235 125.017 6.420
202209 5.903 125.227 6.068
202212 6.278 125.222 6.454
202306 6.802 128.729 6.802

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


Lion Capital  (BSE:LION) 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.

Lion Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.78/4.54
=0.61

* 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 Lion Capital was 0.66. The lowest was 0.52. And the median was 0.57.


Be Aware

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


Lion Capital Cyclically Adjusted Book per Share Related Terms

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


Lion Capital (BSE:LION) Business Description

Traded in Other Exchanges
N/A
Address
35A Calea Victoriei, Arad, ROU, 310158
Lion Capital SA is a Romania-based Joint-stock company. It is a closed-ended, diversified Alternative Investment Fund for retail investors (FIAIR), and self-administered. Its activities include financial intermediation with the exception of insurance activities and pension funds which are for other financial intermediation nca, portfolio management, risk management, and other activities carried out within the collective administration of an investment fund, permitted by the legislation in force.