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Amrest Holdings SE (CHIX:EATE) Cyclically Adjusted Book per Share : €1.43 (As of Mar. 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 Mar. 2024 was €1.737. 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 €1.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Amrest Holdings SE's average Cyclically Adjusted Book Growth Rate was 3.30% 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 (2024-05-25), Amrest Holdings SE's current stock price is €4.6875. Amrest Holdings SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.43. Amrest Holdings SE's Cyclically Adjusted PB Ratio of today is 3.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amrest Holdings SE was 9.33. The lowest was 2.20. And the median was 4.35.


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 - 1.07 - - 1.30

Amrest Holdings SE 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 - 1.48 1.37 1.30 1.43

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 Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.737/122.7621*122.7621
=1.737

Current CPI (Mar. 2024) = 122.7621.

Amrest Holdings SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.121 101.081 1.361
201409 1.140 100.441 1.393
201412 1.004 100.251 1.229
201503 1.090 99.474 1.345
201506 1.089 101.138 1.322
201509 1.128 99.559 1.391
201512 1.143 100.268 1.399
201603 1.198 98.638 1.491
201606 1.270 100.333 1.554
201609 1.338 99.737 1.647
201612 1.394 101.842 1.680
201703 1.402 100.896 1.706
201706 1.367 101.848 1.648
201709 1.452 101.524 1.756
201712 1.487 102.975 1.773
201803 1.537 102.122 1.848
201806 1.533 104.165 1.807
201809 1.585 103.818 1.874
201812 1.930 104.193 2.274
201903 1.968 103.488 2.335
201906 1.941 104.612 2.278
201909 2.022 103.905 2.389
201912 2.135 105.015 2.496
202003 1.838 103.469 2.181
202006 1.326 104.254 1.561
202009 1.296 103.521 1.537
202012 1.178 104.456 1.384
202103 1.118 104.857 1.309
202106 1.221 107.102 1.400
202109 1.343 107.669 1.531
202112 1.363 111.298 1.503
202203 1.352 115.153 1.441
202206 1.400 118.044 1.456
202209 1.542 117.221 1.615
202212 1.460 117.650 1.523
202303 1.457 118.948 1.504
202306 1.684 120.278 1.719
202309 1.775 121.343 1.796
202312 1.767 121.300 1.788
202403 1.737 122.762 1.737

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


Amrest Holdings SE  (CHIX:EATe) 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
=4.6875/1.43
=3.28

* 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 9.33. The lowest was 2.20. And the median was 4.35.


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 (CHIX:EATE) Business Description

Industry
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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