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The Israel (The Israel) Cyclically Adjusted Book per Share : $234.06 (As of Mar. 2024)


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What is The Israel 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.

The Israel's adjusted book value per share for the three months ended in Mar. 2024 was $365.902. 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 $234.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Israel's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% 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 The Israel was 3.60% per year. The lowest was 2.20% per year. And the median was 2.90% per year.

As of today (2024-06-23), The Israel's current stock price is $224.65. The Israel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $234.06. The Israel's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Israel was 2.58. The lowest was 0.37. And the median was 1.17.


The Israel Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Israel'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.

The Israel Cyclically Adjusted Book per Share Chart

The Israel 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 218.55 145.68 143.23 348.70 217.62

The Israel 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 371.80 455.29 459.51 217.62 234.06

Competitive Comparison of The Israel's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, The Israel'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.


The Israel's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



The Israel 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, The Israel'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)
=365.902/131.7762*131.7762
=365.902

Current CPI (Mar. 2024) = 131.7762.

The Israel Quarterly Data

Book Value per Share CPI Adj_Book
201406 204.209 100.560 267.602
201409 300.078 100.428 393.747
201412 238.114 99.070 316.724
201503 108.600 99.621 143.653
201506 124.578 100.684 163.049
201509 117.953 100.392 154.828
201512 124.838 99.792 164.849
201603 127.955 100.470 167.825
201606 133.411 101.688 172.885
201609 103.738 101.861 134.204
201612 104.715 101.863 135.466
201703 106.197 102.862 136.048
201706 106.337 103.349 135.586
201709 121.330 104.136 153.534
201712 131.593 104.011 166.721
201803 176.020 105.290 220.300
201806 174.331 106.317 216.078
201809 177.059 106.507 219.068
201812 180.956 105.998 224.964
201903 193.946 107.251 238.297
201906 198.363 108.070 241.877
201909 198.883 108.329 241.929
201912 201.351 108.420 244.726
202003 187.062 108.902 226.354
202006 176.539 108.767 213.884
202009 176.799 109.815 212.156
202012 182.255 109.897 218.540
202103 187.191 111.754 220.728
202106 203.689 114.631 234.154
202109 176.529 115.734 200.998
202112 199.780 117.630 223.807
202203 261.610 121.301 284.202
202206 276.538 125.017 291.490
202209 294.973 125.227 310.401
202212 318.878 125.222 335.569
202303 337.055 127.348 348.776
202306 348.868 128.729 357.127
202309 354.063 129.860 359.289
202312 362.757 129.419 369.363
202403 365.902 131.776 365.902

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


The Israel  (OTCPK:IRLCF) 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.

The Israel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=224.65/234.06
=0.96

* 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 The Israel was 2.58. The lowest was 0.37. And the median was 1.17.


Be Aware

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


The Israel Cyclically Adjusted Book per Share Related Terms

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


The Israel (The Israel) Business Description

Industry
Traded in Other Exchanges
Address
23 Aranha Street, P.O. Box 20456, Millennium Tower, Tel Aviv, ISR, 61204
The Israel Corp Ltd is a holding company that provides focused exposure to mature assets in the natural resources industry. Operations are conducted through two affiliates: Israel Chemicals and the Bazan Group. It generates maximum revenue from the Israel Chemicals segment. Geographically, it derives a majority of revenue from Israel and also has a presence in Europe; North America; Asia; South America and other countries.

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