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Ibersol SGPS (FRA:L34) Cyclically Adjusted Book per Share : €6.85 (As of Sep. 2024)


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What is Ibersol SGPS 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.

Ibersol SGPS's adjusted book value per share for the three months ended in Sep. 2024 was €8.269. 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 €6.85 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ibersol SGPS'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 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Ibersol SGPS was 8.00% per year. The lowest was 3.60% per year. And the median was 6.25% per year.

As of today (2024-12-13), Ibersol SGPS's current stock price is €7.44. Ibersol SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €6.85. Ibersol SGPS's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ibersol SGPS was 2.74. The lowest was 0.74. And the median was 1.18.


Ibersol SGPS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ibersol SGPS'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.

Ibersol SGPS Cyclically Adjusted Book per Share Chart

Ibersol SGPS 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 - - - 5.95 6.43

Ibersol SGPS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.41 6.43 6.54 6.82 6.85

Competitive Comparison of Ibersol SGPS's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Ibersol SGPS'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.


Ibersol SGPS's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ibersol SGPS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ibersol SGPS 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, Ibersol SGPS's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=8.269/121.5743*121.5743
=8.269

Current CPI (Sep. 2024) = 121.5743.

Ibersol SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201412 4.662 99.723 5.684
201503 4.757 100.097 5.778
201506 4.765 100.769 5.749
201509 4.944 100.489 5.981
201512 4.992 100.119 6.062
201603 4.248 100.547 5.136
201606 4.280 101.319 5.136
201609 4.963 101.122 5.967
201612 4.854 100.998 5.843
201703 4.921 101.924 5.870
201706 4.075 102.240 4.846
201709 5.477 102.527 6.494
201712 6.017 102.479 7.138
201803 6.030 102.626 7.143
201806 6.131 103.790 7.182
201809 6.506 103.960 7.608
201812 6.495 103.159 7.654
201903 6.430 103.495 7.553
201906 6.389 104.192 7.455
201909 6.696 103.844 7.839
201912 6.850 103.592 8.039
202003 6.551 103.544 7.692
202006 5.744 104.323 6.694
202009 5.609 103.699 6.576
202012 5.004 103.354 5.886
202103 4.516 104.014 5.278
202106 4.276 104.852 4.958
202109 3.580 105.232 4.136
202112 5.973 106.191 6.838
202203 5.994 109.559 6.651
202206 6.018 114.003 6.418
202209 6.317 114.999 6.678
202212 10.039 116.377 10.487
202303 10.036 117.701 10.366
202306 8.516 117.872 8.783
202309 8.697 119.111 8.877
202312 8.646 118.032 8.905
202403 8.703 120.396 8.788
202406 8.273 121.165 8.301
202409 8.269 121.574 8.269

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


Ibersol SGPS  (FRA:L34) 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.

Ibersol SGPS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.44/6.85
=1.09

* 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 Ibersol SGPS was 2.74. The lowest was 0.74. And the median was 1.18.


Be Aware

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


Ibersol SGPS Cyclically Adjusted Book per Share Related Terms

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


Ibersol SGPS Business Description

Industry
Traded in Other Exchanges
Address
Edificio Peninsula, Praca do Bom Sucesso, 105-159 - 9th floor, Porto, PRT, 4150-146
Ibersol SGPS SA., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, and Angola. It provides services in the business segments such as Restaurants which comprises the units with table service and home delivery restaurant offerings, Counters which comprises the units with over-the-counter sales, and Concessions & Catering which includes all the other businesses, namely the catering activity and the units located in concession areas. Ibersol functions restaurant units through various brands, including Pizza Hut, Pasta Caffe, Pans & Company, Taco Bell, and Eat out Group.

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