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Alrosa PJSC (MIC:ALRS) Cyclically Adjusted Book per Share : ₽43.39 (As of Jun. 2023)


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What is Alrosa PJSC 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.

Alrosa PJSC's adjusted book value per share for the three months ended in Jun. 2023 was ₽52.539. 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 ₽43.39 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Alrosa PJSC's average Cyclically Adjusted Book Growth Rate was -100.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Alrosa PJSC was 9.20% per year. The lowest was 9.20% per year. And the median was 9.20% per year.

As of today (2024-05-14), Alrosa PJSC's current stock price is ₽79.58. Alrosa PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was ₽43.39. Alrosa PJSC's Cyclically Adjusted PB Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alrosa PJSC was 4.16. The lowest was 1.41. And the median was 2.06.


Alrosa PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alrosa PJSC'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.

Alrosa PJSC Cyclically Adjusted Book per Share Chart

Alrosa PJSC 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 32.11 33.83 37.32 41.85 -

Alrosa PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 37.32 - 41.85 43.39 -

Competitive Comparison of Alrosa PJSC's Cyclically Adjusted Book per Share

For the Other Precious Metals & Mining subindustry, Alrosa PJSC'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.


Alrosa PJSC's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alrosa PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alrosa PJSC 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, Alrosa PJSC's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=52.539/238.3000*238.3000
=52.539

Current CPI (Jun. 2023) = 238.3000.

Alrosa PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201212 18.162 117.300 36.897
201303 19.043 119.500 37.974
201306 19.546 121.400 38.367
201309 20.585 122.800 39.946
201312 21.712 124.900 41.425
201403 22.778 127.800 42.473
201406 23.426 130.900 42.646
201409 22.468 132.700 40.348
201412 18.608 139.000 31.901
201503 21.298 149.400 33.971
201506 22.991 150.900 36.307
201509 20.860 153.500 32.384
201512 20.627 157.000 31.308
201603 27.140 160.200 40.371
201606 30.223 162.200 44.403
201609 33.752 163.300 49.254
201612 34.922 165.400 50.314
201703 37.887 167.000 54.063
201706 32.443 169.200 45.692
201709 34.124 168.200 48.346
201712 36.229 169.600 50.904
201803 40.332 171.000 56.205
201806 37.829 173.100 52.078
201809 33.427 173.900 45.806
201812 34.349 176.800 46.297
201903 37.561 179.900 49.754
201906 35.970 181.200 47.305
201909 33.142 180.800 43.682
201912 35.148 182.200 45.970
202003 35.632 184.500 46.022
202006 32.877 187.000 41.896
202009 33.941 187.400 43.160
202012 36.652 191.100 45.705
202103 40.002 195.200 48.834
202106 34.637 199.100 41.457
202109 29.316 201.300 34.704
202112 30.995 207.200 35.647
202206 0.000 230.800 0.000
202212 44.668 231.900 45.901
202306 52.539 238.300 52.539

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


Alrosa PJSC  (MIC:ALRS) 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.

Alrosa PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=79.58/43.39
=1.83

* 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 Alrosa PJSC was 4.16. The lowest was 1.41. And the median was 2.06.


Be Aware

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


Alrosa PJSC Cyclically Adjusted Book per Share Related Terms

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


Alrosa PJSC (MIC:ALRS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6, Lenin Street, Republic of Sakha (Yakutia), Mirny, RUS, 678174
Alrosa PJSC is a Russian-based company that operates in the diamond mining business. It is engaged in the business activity of exploration, production, processing, marketing, and sale of raw and cut diamonds. The group operates mining facilities in Mirny, Udachny, Aikhal, Nyurba, and Anabar (located in Eastern Siberia) and the Arkhangelsk Region. In addition, the firm is also involved in transportation, social infrastructure, construction activity, trading, electricity production, and various other activities. The company derives the majority of its revenue from the sale of diamonds.