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Eurocash (LTS:0LTM) Cyclically Adjusted Book per Share : zł15.91 (As of Mar. 2024)


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What is Eurocash 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.

Eurocash's adjusted book value per share for the three months ended in Mar. 2024 was zł5.204. 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 zł15.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eurocash's average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Eurocash was 10.60% per year. The lowest was 7.30% per year. And the median was 8.15% per year.

As of today (2024-06-09), Eurocash's current stock price is zł26.36. Eurocash's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł15.91. Eurocash's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eurocash was 7.40. The lowest was 1.23. And the median was 2.15.


Eurocash Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eurocash'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.

Eurocash Cyclically Adjusted Book per Share Chart

Eurocash 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 7.52 12.48 17.85 16.32 13.65

Eurocash 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 12.37 13.45 16.40 13.65 15.91

Competitive Comparison of Eurocash's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Eurocash'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.


Eurocash's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Eurocash's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eurocash 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, Eurocash'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)
=5.204/149.0435*149.0435
=5.204

Current CPI (Mar. 2024) = 149.0435.

Eurocash Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.983 101.180 8.813
201409 6.396 100.611 9.475
201412 7.184 100.122 10.694
201503 7.206 100.041 10.736
201506 6.743 100.448 10.005
201509 7.235 99.634 10.823
201512 7.926 99.471 11.876
201603 8.002 98.983 12.049
201606 7.093 99.552 10.619
201609 7.527 99.064 11.325
201612 7.805 100.366 11.590
201703 7.705 101.018 11.368
201706 6.520 101.180 9.604
201709 6.776 101.343 9.965
201712 6.944 102.564 10.091
201803 6.823 102.564 9.915
201806 6.337 103.378 9.136
201809 6.641 103.378 9.575
201812 7.006 103.785 10.061
201903 6.809 104.274 9.732
201906 6.051 105.983 8.510
201909 6.164 105.983 8.668
201912 6.446 107.123 8.969
202003 5.792 109.076 7.914
202006 6.133 109.402 8.355
202009 6.461 109.320 8.809
202012 6.585 109.565 8.958
202103 6.273 112.658 8.299
202106 4.909 113.960 6.420
202109 5.083 115.588 6.554
202112 5.024 119.088 6.288
202203 4.655 125.031 5.549
202206 4.663 131.705 5.277
202209 4.959 135.531 5.453
202212 5.104 139.113 5.468
202303 5.204 145.950 5.314
202306 5.024 147.009 5.094
202309 5.149 146.113 5.252
202312 5.746 147.741 5.797
202403 5.204 149.044 5.204

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


Eurocash  (LTS:0LTM) 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.

Eurocash's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.36/15.91
=1.66

* 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 Eurocash was 7.40. The lowest was 1.23. And the median was 2.15.


Be Aware

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


Eurocash Cyclically Adjusted Book per Share Related Terms

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


Eurocash (LTS:0LTM) Business Description

Industry
Traded in Other Exchanges
Address
Ul. Wisniowa 11, Komorniki, POL, 62-052
Eurocash SA is a Poland-based company that is principally engaged in distributing fast-moving consumer goods, including food, beverages, household chemicals, tobacco, and other products. The company is mainly involved in wholesale distribution to a broad range of customers, such as small supermarkets, grocery stores, convenience stores, restaurants, hotels and others. The company operates through three core business formats: cash and carry, a nationwide network of discount type warehouses under the brand Eurocash Cash and Carry; franchise systems, which operate under the brand of Delikatesy Centrum; and a distribution business, including Eurocash Distribution, Eurocash Gastronomia (Food Services), Eurocash Alcohols, and Eurocash Servis. The company operates throughout Poland.

Eurocash (LTS:0LTM) Headlines

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