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11 88 0 Solutions AG (HAM:TGT) Cyclically Adjusted Book per Share : €1.25 (As of Sep. 2023)


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What is 11 88 0 Solutions AG 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.

11 88 0 Solutions AG's adjusted book value per share for the three months ended in Sep. 2023 was €0.192. 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 €1.25 for the trailing ten years ended in Sep. 2023.

During the past 12 months, 11 88 0 Solutions AG's average Cyclically Adjusted Book Growth Rate was -25.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.80% 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 11 88 0 Solutions AG was -12.00% per year. The lowest was -12.80% per year. And the median was -12.40% per year.

As of today (2024-05-21), 11 88 0 Solutions AG's current stock price is €0.75. 11 88 0 Solutions AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €1.25. 11 88 0 Solutions AG's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of 11 88 0 Solutions AG was 0.94. The lowest was 0.26. And the median was 0.62.


11 88 0 Solutions AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for 11 88 0 Solutions AG'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.

11 88 0 Solutions AG Cyclically Adjusted Book per Share Chart

11 88 0 Solutions AG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.79 2.46 2.02 1.84

11 88 0 Solutions AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 1.79 1.67 1.59 1.43 1.25

Competitive Comparison of 11 88 0 Solutions AG's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, 11 88 0 Solutions AG'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.


11 88 0 Solutions AG's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, 11 88 0 Solutions AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 11 88 0 Solutions AG's Cyclically Adjusted PB Ratio falls into.



11 88 0 Solutions AG 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, 11 88 0 Solutions AG's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.192/124.1946*124.1946
=0.192

Current CPI (Sep. 2023) = 124.1946.

11 88 0 Solutions AG Quarterly Data

Book Value per Share CPI Adj_Book
201309 3.143 98.983 3.944
201312 3.181 99.356 3.976
201403 3.045 99.543 3.799
201406 2.571 99.543 3.208
201409 2.531 99.823 3.149
201412 2.453 99.543 3.060
201503 2.359 99.717 2.938
201506 2.239 100.417 2.769
201509 2.139 100.417 2.645
201512 1.970 99.717 2.454
201603 1.849 100.017 2.296
201606 1.675 100.717 2.065
201609 1.574 101.017 1.935
201612 1.053 101.217 1.292
201703 1.115 101.417 1.365
201706 0.987 102.117 1.200
201709 0.824 102.717 0.996
201712 0.561 102.617 0.679
201803 0.633 102.917 0.764
201806 0.596 104.017 0.712
201809 0.547 104.718 0.649
201812 0.391 104.217 0.466
201903 0.348 104.217 0.415
201906 0.278 105.718 0.327
201909 0.415 106.018 0.486
201912 0.345 105.818 0.405
202003 0.310 105.718 0.364
202006 0.254 106.618 0.296
202009 0.436 105.818 0.512
202012 0.391 105.518 0.460
202103 0.363 107.518 0.419
202106 0.367 108.486 0.420
202109 0.299 109.435 0.339
202112 0.436 110.384 0.491
202203 0.407 113.968 0.444
202206 0.350 115.760 0.376
202209 0.321 118.818 0.336
202303 0.215 122.402 0.218
202306 0.157 123.140 0.158
202309 0.192 124.195 0.192

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


11 88 0 Solutions AG  (HAM:TGT) 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.

11 88 0 Solutions AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.75/1.25
=0.60

* 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 11 88 0 Solutions AG was 0.94. The lowest was 0.26. And the median was 0.62.


Be Aware

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


11 88 0 Solutions AG Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of 11 88 0 Solutions AG's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


11 88 0 Solutions AG (HAM:TGT) Business Description

Traded in Other Exchanges
Address
Hohenzollernstrasse 24, Essen, NW, DEU, 45128
11 88 0 Solutions AG is telecom service company based in Germany. The company has business segments that are Directory Assistance and Digital. The Directory Assistance segment provides services related to inquiries made at by phone for information regarding of phone numbers, pre-dial numbers and addresses while the Digital segment receives revenue from advertisements on the company's platforms and websites. The Digital segment also includes the software solutions business, which comprises digital telephone books and yellow pages on CDROM and as intranet and database solutions. The company's product line includes online marketing and various tools to analyze data. The Digital segment generates maximum revenue for the company.

11 88 0 Solutions AG (HAM:TGT) Headlines