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Cellcom Israel (Cellcom Israel) Cyclically Adjusted Book per Share : $3.94 (As of Dec. 2023)


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What is Cellcom Israel 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.

Cellcom Israel's adjusted book value per share for the three months ended in Dec. 2023 was $3.644. 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 $3.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cellcom Israel's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Cellcom Israel was 12.40% per year. The lowest was -1.20% per year. And the median was 11.60% per year.

As of today (2024-05-01), Cellcom Israel's current stock price is $3.925. Cellcom Israel's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.94. Cellcom Israel's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cellcom Israel was 6.51. The lowest was 0.63. And the median was 2.28.


Cellcom Israel Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cellcom Israel'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.

Cellcom Israel Cyclically Adjusted Book per Share Chart

Cellcom Israel 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 2.80 3.25 3.88 3.77 3.94

Cellcom Israel 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 3.77 4.06 4.06 3.82 3.94

Competitive Comparison of Cellcom Israel's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Cellcom Israel'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.


Cellcom Israel's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cellcom Israel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cellcom Israel 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, Cellcom Israel'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)
=3.644/129.4194*129.4194
=3.644

Current CPI (Dec. 2023) = 129.4194.

Cellcom Israel Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.184 99.695 2.835
201406 2.419 100.560 3.113
201409 2.701 100.428 3.481
201412 2.846 99.070 3.718
201503 2.914 99.621 3.786
201506 2.946 100.684 3.787
201509 3.055 100.392 3.938
201512 3.094 99.792 4.013
201603 3.253 100.470 4.190
201606 3.368 101.688 4.286
201609 3.462 101.861 4.399
201612 3.490 101.863 4.434
201703 3.540 102.862 4.454
201706 3.665 103.349 4.590
201709 3.759 104.136 4.672
201712 3.796 104.011 4.723
201803 3.712 105.290 4.563
201806 3.879 106.317 4.722
201809 3.884 106.507 4.720
201812 3.844 105.998 4.693
201903 3.801 107.251 4.587
201906 3.726 108.070 4.462
201909 2.953 108.329 3.528
201912 3.408 108.420 4.068
202003 3.329 108.902 3.956
202006 3.345 108.767 3.980
202009 3.036 109.815 3.578
202012 3.070 109.897 3.615
202103 3.093 111.754 3.582
202106 3.075 114.631 3.472
202109 3.102 115.734 3.469
202112 3.132 117.630 3.446
202203 3.177 121.301 3.390
202206 3.243 125.017 3.357
202209 3.309 125.227 3.420
202212 3.397 125.222 3.511
202303 3.472 127.348 3.528
202306 3.485 128.729 3.504
202309 3.580 129.860 3.568
202312 3.644 129.419 3.644

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


Cellcom Israel  (OTCPK:CELJF) 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.

Cellcom Israel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.925/3.94
=1.00

* 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 Cellcom Israel was 6.51. The lowest was 0.63. And the median was 2.28.


Be Aware

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


Cellcom Israel Cyclically Adjusted Book per Share Related Terms

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


Cellcom Israel (Cellcom Israel) Business Description

Traded in Other Exchanges
Address
10 Hagavish Street, Netanya, ISR, 4250708
Cellcom Israel Ltd is the largest wireless provider in Israel and holds about one third of the market. The company offers basic voice services and data services such as Web browsing and music downloads. Cellcom is also launching a next-generation wireless service that supports higher data capacity. The company went public in February 2007, and its largest shareholder, Discount Investment, owns about 47% of its shares.