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Marr SpA (LTS:0NSS) Cyclically Adjusted Book per Share : €5.46 (As of Mar. 2025)


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What is Marr SpA 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.

Marr SpA's adjusted book value per share for the three months ended in Mar. 2025 was €5.309. 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 €5.46 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Marr SpA's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 Marr SpA was 8.80% per year. The lowest was 4.50% per year. And the median was 6.60% per year.

As of today (2025-05-27), Marr SpA's current stock price is €9.71. Marr SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €5.46. Marr SpA's Cyclically Adjusted PB Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marr SpA was 6.87. The lowest was 1.68. And the median was 4.00.


Marr SpA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marr SpA'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.

Marr SpA Cyclically Adjusted Book per Share Chart

Marr SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 4.45 5.07 5.23 5.39

Marr SpA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.28 5.34 5.28 5.39 5.46

Competitive Comparison of Marr SpA's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Marr SpA'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.


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

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

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


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Marr SpA 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, Marr SpA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.309/122.5000*122.5000
=5.309

Current CPI (Mar. 2025) = 122.5000.

Marr SpA Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.565 100.279 4.355
201509 3.949 100.000 4.838
201512 4.086 99.814 5.015
201603 4.175 99.600 5.135
201606 3.814 99.900 4.677
201609 4.174 100.100 5.108
201612 4.293 100.300 5.243
201703 4.397 101.000 5.333
201706 4.023 101.100 4.875
201709 4.406 101.200 5.333
201712 4.581 101.200 5.545
201803 4.686 101.800 5.639
201806 4.265 102.400 5.102
201809 4.679 102.600 5.587
201812 4.874 102.300 5.836
201903 4.977 102.800 5.931
201906 4.521 103.100 5.372
201909 4.934 102.900 5.874
201912 5.108 102.800 6.087
202003 5.060 102.900 6.024
202006 4.913 102.900 5.849
202009 5.135 102.300 6.149
202012 5.082 102.600 6.068
202103 4.987 103.700 5.891
202106 5.100 104.200 5.996
202109 5.159 104.900 6.025
202112 5.254 106.600 6.038
202203 5.210 110.400 5.781
202206 4.925 112.500 5.363
202209 5.115 114.200 5.487
202212 5.163 119.000 5.315
202303 5.164 118.800 5.325
202306 5.040 119.700 5.158
202309 5.355 120.300 5.453
202312 5.444 119.700 5.571
202403 5.426 120.200 5.530
202406 5.030 120.700 5.105
202409 5.280 121.200 5.337
202412 5.368 121.200 5.426
202503 5.309 122.500 5.309

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


Marr SpA  (LTS:0NSS) 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.

Marr SpA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.71/5.46
=1.78

* 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 Marr SpA was 6.87. The lowest was 1.68. And the median was 4.00.


Be Aware

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


Marr SpA Cyclically Adjusted Book per Share Related Terms

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


Marr SpA Business Description

Industry
Traded in Other Exchanges
Address
Street Spagna, 20, Rimini, ITA, 47921
Marr SpA is an Italian distributor of frozen and fresh products to the non-domestic catering sector. The company's products consist of seafood, meat, grocery, fruits and vegetables, and kitchen equipment, as well as private label products. Marr operates through a network of sales agents, distribution centers, stocking platforms, and logistics. The group categorizes the customers as the street market, which includes restaurants and hotels not belonging to groups or chains; the national account, which contains operators of chains and groups and canteens, and the wholesale category. Marr generates more than half of its revenue from street market customers.

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