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Moscow City Telephone Network PJSC (MIC:MGTS) Cyclically Adjusted Book per Share : ₽1,300.96 (As of Dec. 2023)


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What is Moscow City Telephone Network 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.

Moscow City Telephone Network PJSC's adjusted book value per share for the three months ended in Dec. 2023 was ₽1,407.675. 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 ₽1,300.96 for the trailing ten years ended in Dec. 2023.

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 (2025-05-29), Moscow City Telephone Network PJSC's current stock price is ₽1055.00. Moscow City Telephone Network PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽1,300.96. Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio of today is 0.81.


Moscow City Telephone Network PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Moscow City Telephone Network 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.

Moscow City Telephone Network PJSC Cyclically Adjusted Book per Share Chart

Moscow City Telephone Network 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 - 1,092.69 1,150.09 1,260.27 1,300.96

Moscow City Telephone Network PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,260.27 1,271.66 1,274.50 1,293.35 1,300.96

Competitive Comparison of Moscow City Telephone Network PJSC's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Moscow City Telephone Network 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.


Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio falls into.


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Moscow City Telephone Network 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, Moscow City Telephone Network PJSC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1407.675/244.6000*244.6000
=1,407.675

Current CPI (Dec. 2023) = 244.6000.

Moscow City Telephone Network PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201403 796.739 127.800 1,524.901
201406 0.000 130.900 0.000
201409 828.690 132.700 1,527.487
201412 920.216 139.000 1,619.315
201503 950.936 149.400 1,556.887
201506 960.249 150.900 1,556.507
201509 1,000.151 153.500 1,593.726
201512 1,125.054 157.000 1,752.791
201603 1,053.679 160.200 1,608.801
201606 856.131 162.200 1,291.058
201609 891.113 163.300 1,334.760
201612 1,044.800 165.400 1,545.091
201703 951.444 167.000 1,393.552
201706 805.387 169.200 1,164.289
201709 837.435 168.200 1,217.816
201712 926.415 169.600 1,336.091
201803 0.000 171.000 0.000
201806 756.214 173.100 1,068.573
201809 805.693 173.900 1,133.252
201812 817.618 176.800 1,131.162
201903 0.000 179.900 0.000
201906 672.506 181.200 907.809
201909 753.152 180.800 1,018.921
201912 751.961 182.200 1,009.493
202003 821.794 184.500 1,089.489
202006 820.474 187.000 1,073.198
202009 890.918 187.400 1,162.852
202012 888.913 191.100 1,137.771
202103 959.353 195.200 1,202.140
202106 971.341 199.100 1,193.320
202109 1,060.798 201.300 1,288.978
202112 1,047.215 207.200 1,236.239
202203 1,107.504 227.800 1,189.181
202206 1,141.520 230.800 1,209.774
202209 1,196.987 228.800 1,279.646
202212 1,212.333 231.900 1,278.726
202303 1,296.929 235.800 1,345.330
202306 1,313.107 238.300 1,347.822
202309 1,389.389 242.600 1,400.843
202312 1,407.675 244.600 1,407.675

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


Moscow City Telephone Network PJSC  (MIC:MGTS) 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.

Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1055.00/1300.96
=0.81

* 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.


Moscow City Telephone Network PJSC Cyclically Adjusted Book per Share Related Terms

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Moscow City Telephone Network PJSC Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Building 3, Petrovsky Boulevard, Moscow, RUS, 127994
Moscow City Telephone Network PJSC provides fixed telephone services, Internet access, virtual private networks (VPN), digital television for more than 5,000 government agencies.

Moscow City Telephone Network PJSC Headlines

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