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Empire Co (FRA:C15) Cyclically Adjusted Book per Share : €0.00 (As of Apr. 2024)


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What is Empire Co 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.

Empire Co's adjusted book value per share for the three months ended in Apr. 2024 was €14.886. 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 €0.00 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Empire Co's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Empire Co was 13.80% per year. The lowest was -0.10% per year. And the median was 8.20% per year.

As of today (2024-06-21), Empire Co's current stock price is €21.80. Empire Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €0.00. Empire Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Empire Co was 2.45. The lowest was 0.86. And the median was 1.74.


Empire Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Empire Co'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.

Empire Co Cyclically Adjusted Book per Share Chart

Empire Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.09 12.10 14.20 13.08 -

Empire Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 13.08 13.50 13.12 13.41 -

Competitive Comparison of Empire Co's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Empire Co'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.


Empire Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



Empire Co 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, Empire Co's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=14.886/126.8896*126.8896
=14.886

Current CPI (Apr. 2024) = 126.8896.

Empire Co Quarterly Data

Book Value per Share CPI Adj_Book
201407 14.351 99.315 18.335
201410 14.922 99.473 19.035
201501 15.182 98.209 19.616
201504 16.179 99.710 20.589
201507 15.506 100.579 19.562
201510 14.766 100.500 18.643
201601 11.009 100.184 13.944
201604 9.168 101.370 11.476
201607 9.346 101.844 11.644
201610 9.189 102.002 11.431
201701 9.661 102.318 11.981
201704 9.314 103.029 11.471
201707 9.263 103.029 11.408
201710 9.046 103.424 11.098
201801 8.905 104.056 10.859
201804 8.724 105.320 10.511
201807 9.060 106.110 10.834
201810 9.480 105.952 11.353
201901 9.359 105.557 11.250
201904 9.799 107.453 11.571
201907 9.073 108.243 10.636
201910 9.449 107.927 11.109
202001 9.647 108.085 11.325
202004 9.551 107.216 11.304
202007 9.738 108.401 11.399
202010 10.028 108.638 11.713
202101 10.334 109.192 12.009
202104 11.022 110.851 12.617
202107 11.668 112.431 13.169
202110 12.311 113.695 13.740
202201 12.761 114.801 14.105
202204 13.935 118.357 14.940
202207 14.707 120.964 15.427
202210 14.799 121.517 15.453
202301 13.893 121.596 14.498
202304 13.887 123.571 14.260
202307 14.500 124.914 14.729
202310 14.965 125.310 15.154
202401 14.851 125.072 15.067
202404 14.886 126.890 14.886

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


Empire Co  (FRA:C15) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Empire Co was 2.45. The lowest was 0.86. And the median was 1.74.


Be Aware

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


Empire Co Cyclically Adjusted Book per Share Related Terms

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


Empire Co (FRA:C15) Business Description

Industry
Traded in Other Exchanges
Address
115 King Street, Stellarton, NS, CAN, B0K 1S0
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.

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