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Sistema PJSFC (LSE:SSA) Cyclically Adjusted Book per Share : $7.94 (As of Jun. 2022)


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What is Sistema PJSFC 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.

Sistema PJSFC's adjusted book value per share for the three months ended in Jun. 2022 was $1.785. 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 $7.94 for the trailing ten years ended in Jun. 2022.

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.

As of today (2024-05-21), Sistema PJSFC's current stock price is $4.50. Sistema PJSFC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 was $7.94. Sistema PJSFC's Cyclically Adjusted PB Ratio of today is 0.57.


Sistema PJSFC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sistema PJSFC'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.

Sistema PJSFC Cyclically Adjusted Book per Share Chart

Sistema PJSFC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.50 -

Sistema PJSFC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22
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 6.88 6.50 8.57 7.94 -

Competitive Comparison of Sistema PJSFC's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Sistema PJSFC'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.


Sistema PJSFC's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sistema PJSFC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sistema PJSFC 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, Sistema PJSFC's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book= Book Value per Share /CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=1.785/230.8000*230.8000
=1.785

Current CPI (Jun. 2022) = 230.8000.

Sistema PJSFC Quarterly Data

Book Value per Share CPI Adj_Book
201209 19.334 115.700 38.568
201212 19.877 117.300 39.110
201303 20.287 119.500 39.182
201306 19.466 121.400 37.008
201309 22.456 122.800 42.206
201312 22.362 124.900 41.322
201403 20.433 127.800 36.901
201406 21.914 130.900 38.638
201409 19.623 132.700 34.130
201412 5.847 139.000 9.709
201503 6.512 149.400 10.060
201506 7.188 150.900 10.994
201509 6.352 153.500 9.551
201512 5.260 157.000 7.733
201603 5.787 160.200 8.337
201606 6.072 162.200 8.640
201609 6.391 163.300 9.033
201612 5.770 165.400 8.051
201703 6.589 167.000 9.106
201706 6.049 169.200 8.251
201709 6.225 168.200 8.542
201712 1.803 169.600 2.454
201803 1.804 171.000 2.435
201806 1.737 173.100 2.316
201809 0.813 173.900 1.079
201812 0.519 176.800 0.678
201903 0.887 179.900 1.138
201906 1.154 181.200 1.470
201909 1.114 180.800 1.422
201912 1.424 182.200 1.804
202003 1.132 184.500 1.416
202006 1.109 187.000 1.369
202009 1.238 187.400 1.525
202012 1.831 191.100 2.211
202103 1.696 195.200 2.005
202106 1.951 199.100 2.262
202109 2.160 201.300 2.477
202112 2.445 207.200 2.723
202203 1.396 227.800 1.414
202206 1.785 230.800 1.785

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


Sistema PJSFC  (LSE:SSA) 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.

Sistema PJSFC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.50/7.94
=0.57

* 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.


Be Aware

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


Sistema PJSFC Cyclically Adjusted Book per Share Related Terms

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


Sistema PJSFC (LSE:SSA) Business Description

Traded in Other Exchanges
N/A
Address
13 Mokhovaya Street, Builiding No. 1, Moscow, RUS, 125009
Sistema PJSFC is a diversified conglomerate with business segments across telecommunications, retail, high technology, finance, pulp and paper, utilities, pharmaceuticals, healthcare, agriculture, real estate, and tourism. The group's reportable segment includes MTS, Segezha, Etalon, Medsi, Corporate, and others. The majority of revenue derives from the MTS segment which is a provider of mobile and fixed-line communication services, data transfer and Internet access, cable and satellite TV broadcasting, and digital services. The conglomerate generates the majority of its revenue in Russia.

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