GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PCC Rokita SA (FRA:229) » Definitions » Cyclically Adjusted Book per Share

PCC Rokita (FRA:229) Cyclically Adjusted Book per Share : €12.77 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is PCC Rokita 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.

PCC Rokita's adjusted book value per share for the three months ended in Mar. 2024 was €16.452. 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 €12.77 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 (2024-06-06), PCC Rokita's current stock price is €20.70. PCC Rokita's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.77. PCC Rokita's Cyclically Adjusted PB Ratio of today is 1.62.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of PCC Rokita was 2.04. The lowest was 1.59. And the median was 1.72.


PCC Rokita Cyclically Adjusted Book per Share Historical Data

The historical data trend for PCC Rokita'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.

PCC Rokita Cyclically Adjusted Book per Share Chart

PCC Rokita 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 - - - - 11.97

PCC Rokita 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 - 12.09 11.36 11.97 12.77

Competitive Comparison of PCC Rokita's Cyclically Adjusted Book per Share

For the Chemicals subindustry, PCC Rokita'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.


PCC Rokita's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PCC Rokita's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PCC Rokita 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, PCC Rokita'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)
=16.452/149.0435*149.0435
=16.452

Current CPI (Mar. 2024) = 149.0435.

PCC Rokita Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 101.180 0.000
201409 6.578 100.611 9.745
201412 6.905 100.122 10.279
201503 6.965 100.041 10.377
201506 6.314 100.448 9.369
201509 6.619 99.634 9.901
201512 7.086 99.471 10.617
201603 7.436 98.983 11.197
201606 6.807 99.552 10.191
201609 7.167 99.064 10.783
201612 8.422 100.366 12.507
201703 8.821 101.018 13.015
201706 7.532 101.180 11.095
201709 7.833 101.343 11.520
201712 8.791 102.564 12.775
201803 9.538 102.564 13.860
201806 8.116 103.378 11.701
201809 8.743 103.378 12.605
201812 9.513 103.785 13.661
201903 9.960 104.274 14.236
201906 8.068 105.983 11.346
201909 8.512 105.983 11.970
201912 8.674 107.123 12.068
202003 8.864 109.076 12.112
202006 8.234 109.402 11.218
202009 8.576 109.320 11.692
202012 9.262 109.565 12.599
202103 10.083 112.658 13.340
202106 10.283 113.960 13.449
202109 11.181 115.588 14.417
202112 13.309 119.088 16.657
202203 14.770 125.031 17.607
202206 13.060 131.705 14.779
202209 14.792 135.531 16.267
202212 18.168 139.113 19.465
202303 19.822 145.950 20.242
202306 14.938 147.009 15.145
202309 15.295 146.113 15.602
202312 16.264 147.741 16.407
202403 16.452 149.044 16.452

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


PCC Rokita  (FRA:229) 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.

PCC Rokita's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.70/12.77
=1.62

* 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 PCC Rokita was 2.04. The lowest was 1.59. And the median was 1.72.


Be Aware

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


PCC Rokita Cyclically Adjusted Book per Share Related Terms

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


PCC Rokita (FRA:229) Business Description

Industry
Traded in Other Exchanges
Address
ul. Sienkiewicza 4, Brzeg Dolny, POL, 56-120
PCC Rokita SA is engaged in manufacturing chemicals. Its products include Polyols, Chloralkali, Chlorobenzene, Phosphorus derivatives, and Naphthalene derivatives. It serves adhesives, agrochemicals, building and construction, case, detergents, fire prevention, food and fuel industry, furniture, I&I cleaning, lubricants and functional fluids, metallurgical, mining and drilling, oilfield, paints and coatings, personal care, pharmaceuticals, plastics, power, printing ink, pulp and paper, raw materials and intermediates, refrigeration and household appliances, sports and recreation, tanning and textile, transportation, and water and wastewater treatment industries.

PCC Rokita (FRA:229) Headlines

No Headlines