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EDION (FRA:9H2) Cyclically Adjusted Book per Share : €10.54 (As of Mar. 2024)


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What is EDION 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.

EDION's adjusted book value per share for the three months ended in Mar. 2024 was €12.542. 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 €10.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, EDION's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 EDION was 5.50% per year. The lowest was 2.50% per year. And the median was 3.60% per year.

As of today (2024-05-26), EDION's current stock price is €8.85. EDION's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.54. EDION's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EDION was 1.00. The lowest was 0.55. And the median was 0.76.


EDION Cyclically Adjusted Book per Share Historical Data

The historical data trend for EDION'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.

EDION Cyclically Adjusted Book per Share Chart

EDION Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.42 11.43 11.33 10.54

EDION 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 11.33 10.67 10.81 10.99 10.54

Competitive Comparison of EDION's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, EDION'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.


EDION's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, EDION's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



EDION 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, EDION'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)
=12.542/107.2000*107.2000
=12.542

Current CPI (Mar. 2024) = 107.2000.

EDION Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.547 98.000 10.443
201409 9.709 98.500 10.567
201412 8.912 97.900 9.759
201503 10.663 97.900 11.676
201506 9.836 98.400 10.716
201509 10.276 98.500 11.184
201512 10.573 98.100 11.554
201603 11.432 97.900 12.518
201606 12.093 98.100 13.215
201609 13.070 98.000 14.297
201612 12.331 98.400 13.434
201703 12.908 98.100 14.105
201706 12.501 98.500 13.605
201709 12.289 98.800 13.334
201712 12.259 99.400 13.221
201803 11.745 99.200 12.692
201806 11.866 99.200 12.823
201809 12.125 99.900 13.011
201812 12.546 99.700 13.490
201903 12.752 99.700 13.711
201906 12.806 99.800 13.756
201909 14.315 100.100 15.330
201912 13.888 100.500 14.814
202003 14.168 100.300 15.143
202006 14.023 99.900 15.048
202009 14.229 99.900 15.269
202012 14.176 99.300 15.304
202103 13.985 99.900 15.007
202106 13.744 99.500 14.808
202109 14.666 100.100 15.706
202112 14.908 100.100 15.965
202203 14.933 101.100 15.834
202206 13.769 101.800 14.499
202209 14.092 103.100 14.652
202212 14.196 104.100 14.619
202303 14.313 104.400 14.697
202306 13.323 105.200 13.576
202309 13.346 106.200 13.472
202312 13.475 106.800 13.525
202403 12.542 107.200 12.542

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


EDION  (FRA:9H2) 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.

EDION's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.85/10.54
=0.84

* 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 EDION was 1.00. The lowest was 0.55. And the median was 0.76.


Be Aware

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


EDION Cyclically Adjusted Book per Share Related Terms

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


EDION (FRA:9H2) Business Description

Industry
Traded in Other Exchanges
Address
Osaka Mitsui Bussan Building, 2-3-33, Nakanoshima, Kita-ku, Osaka-shi, Osaka, JPN, 530-0005
EDION Corp is engaged in the development and sale of home electrical appliances. It offers air conditioners, microwave ovens, washing machines, vacuum cleaners, computer equipment, batteries, light bulbs.

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