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PKP Cargo (LTS:0QI0) Cyclically Adjusted Book per Share : zł103.20 (As of Mar. 2024)


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What is PKP Cargo 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.

PKP Cargo's adjusted book value per share for the three months ended in Mar. 2024 was zł68.433. 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 zł103.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PKP Cargo's average Cyclically Adjusted Book Growth Rate was -2.00% 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.

As of today (2024-06-20), PKP Cargo's current stock price is zł13.64. PKP Cargo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł103.20. PKP Cargo's Cyclically Adjusted PB Ratio of today is 0.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PKP Cargo was 0.24. The lowest was 0.11. And the median was 0.15.


PKP Cargo Cyclically Adjusted Book per Share Historical Data

The historical data trend for PKP Cargo'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.

PKP Cargo Cyclically Adjusted Book per Share Chart

PKP Cargo 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 - - 82.94 91.12 92.85

PKP Cargo 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 86.02 80.15 91.97 92.85 103.20

Competitive Comparison of PKP Cargo's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, PKP Cargo'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.


PKP Cargo's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PKP Cargo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



PKP Cargo 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, PKP Cargo'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)
=68.433/149.0435*149.0435
=68.433

Current CPI (Mar. 2024) = 149.0435.

PKP Cargo Quarterly Data

Book Value per Share CPI Adj_Book
201406 76.655 101.180 112.917
201409 78.856 100.611 116.817
201412 74.162 100.122 110.399
201503 75.332 100.041 112.232
201506 77.401 100.448 114.847
201509 79.044 99.634 118.243
201512 74.829 99.471 112.121
201603 73.434 98.983 110.574
201606 71.092 99.552 106.435
201609 70.722 99.064 106.403
201612 72.418 100.366 107.540
201703 71.994 101.018 106.222
201706 72.907 101.180 107.396
201709 73.875 101.343 108.647
201712 74.066 102.564 107.631
201803 75.285 102.564 109.402
201806 76.117 103.378 109.740
201809 78.591 103.378 113.307
201812 77.779 103.785 111.697
201903 78.976 104.274 112.884
201906 77.346 105.983 108.771
201909 78.255 105.983 110.050
201912 76.435 107.123 106.347
202003 72.896 109.076 99.606
202006 70.521 109.402 96.074
202009 70.610 109.320 96.267
202012 70.195 109.565 95.488
202103 68.797 112.658 91.017
202106 68.498 113.960 89.586
202109 68.069 115.588 87.771
202112 67.890 119.088 84.967
202203 67.187 125.031 80.091
202206 67.940 131.705 76.884
202209 69.016 135.531 75.897
202212 72.184 139.113 77.337
202303 74.968 145.950 76.557
202306 73.754 147.009 74.775
202309 73.379 146.113 74.851
202312 71.505 147.741 72.135
202403 68.433 149.044 68.433

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


PKP Cargo  (LTS:0QI0) 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.

PKP Cargo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.64/103.2
=0.13

* 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 PKP Cargo was 0.24. The lowest was 0.11. And the median was 0.15.


Be Aware

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


PKP Cargo Cyclically Adjusted Book per Share Related Terms

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


PKP Cargo (LTS:0QI0) Business Description

Industry
Traded in Other Exchanges
Address
Grojecka Street No. 17, Warsaw, POL, 02-021
PKP Cargo SA provides an integrated chain of logistics services. Its business activities involve domestic and international transport of freight and the provision of comprehensive logistics services relating to rail transport of freight. The company's logistics services portfolio covers transport, intermodal, forwarding, terminals, sidings, rolling stock. The company's main geographical area of operations is Poland.

PKP Cargo (LTS:0QI0) Headlines

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