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Caxton and CTP Publishers and Printers (JSE:CAT) Cyclically Adjusted Book per Share : R19.09 (As of Dec. 2023)


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What is Caxton and CTP Publishers and Printers 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.

Caxton and CTP Publishers and Printers's adjusted book value per share data for the fiscal year that ended in Jun. 2023 was R20.213. 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 R19.09 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Caxton and CTP Publishers and Printers was 10.50% per year. The lowest was 2.60% per year. And the median was 5.70% per year.

As of today (2024-12-11), Caxton and CTP Publishers and Printers's current stock price is R 12.59. Caxton and CTP Publishers and Printers's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun. 2023 was R19.09. Caxton and CTP Publishers and Printers's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Caxton and CTP Publishers and Printers was 1.59. The lowest was 0.24. And the median was 0.55.


Caxton and CTP Publishers and Printers Cyclically Adjusted Book per Share Historical Data

The historical data trend for Caxton and CTP Publishers and Printers'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.

Caxton and CTP Publishers and Printers Cyclically Adjusted Book per Share Chart

Caxton and CTP Publishers and Printers Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.17 16.18 16.93 18.14 19.09

Caxton and CTP Publishers and Printers Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 18.14 - 19.09 -

Competitive Comparison of Caxton and CTP Publishers and Printers's Cyclically Adjusted Book per Share

For the Publishing subindustry, Caxton and CTP Publishers and Printers'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.


Caxton and CTP Publishers and Printers's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Caxton and CTP Publishers and Printers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Caxton and CTP Publishers and Printers's Cyclically Adjusted PB Ratio falls into.



Caxton and CTP Publishers and Printers 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, Caxton and CTP Publishers and Printers's adjusted Book Value per Share data for the fiscal year that ended in Jun. 2023 was:

Adj_Book=Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=20.213/148.8016*148.8016
=20.213

Current CPI (Jun. 2023) = 148.8016.

Caxton and CTP Publishers and Printers Annual Data

Book Value per Share CPI Adj_Book
201406 12.698 95.813 19.721
201506 13.432 100.173 19.953
201606 13.886 106.713 19.363
201706 14.361 112.054 19.071
201806 14.616 116.959 18.595
201906 14.841 122.191 18.073
202006 13.836 124.807 16.496
202106 17.164 131.113 19.480
202206 18.868 140.835 19.935
202306 20.213 148.802 20.213

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


Caxton and CTP Publishers and Printers  (JSE:CAT) 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.

Caxton and CTP Publishers and Printers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.59/19.09
=0.66

* 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 Caxton and CTP Publishers and Printers was 1.59. The lowest was 0.24. And the median was 0.55.


Be Aware

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


Caxton and CTP Publishers and Printers Cyclically Adjusted Book per Share Related Terms

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


Caxton and CTP Publishers and Printers Business Description

Traded in Other Exchanges
Address
Caxton House, Craighall Park, 368 Jan Smuts Avenue, Johannesburg, GT, ZAF, 2196
Caxton and CTP Publishers and Printers Ltd is a South African media company that publishes regional community newspapers and magazines. It also provides commercial printing, packaging, and book printing to its customers. The group has three reportable segments: Publishing, printing and distribution, Packaging and stationery, and Others. Its packaging segment of the company focuses on cartons, labels, cigarette packs, and point-of-sale packaging displays. The Other segment derives revenue from dividends and certain intergroup charges. The company generates maximum revenue from Publishing, printing, and distribution segment.