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Anima Holding SpA (MIL:ANIM) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is Anima Holding SpA Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Anima Holding SpA's adjusted book value per share for the three months ended in Mar. 2024 was €4.470. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Anima Holding SpA's average Cyclically Adjusted Book Growth Rate was 3.70% 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 (2024-06-13), Anima Holding SpA's current stock price is €4.80. Anima Holding SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. Anima Holding SpA's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Anima Holding SpA was 1.54. The lowest was 0.90. And the median was 1.11.


Anima Holding SpA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Anima Holding 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.

Anima Holding SpA Cyclically Adjusted Book per Share Chart

Anima Holding SpA 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 - - - 3.48 3.61

Anima Holding SpA 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 3.49 3.53 3.57 3.61 -

Competitive Comparison of Anima Holding SpA's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Anima Holding 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.


Anima Holding SpA's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anima Holding SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Anima Holding 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, Anima Holding SpA'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)
=4.47/120.2000*120.2000
=4.470

Current CPI (Mar. 2024) = 120.2000.

Anima Holding SpA Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.083 100.093 2.501
201409 2.143 99.814 2.581
201412 2.235 99.721 2.694
201503 2.388 99.814 2.876
201506 2.324 100.279 2.786
201509 2.408 100.000 2.894
201512 2.516 99.814 3.030
201603 2.595 99.600 3.132
201606 2.423 99.900 2.915
201609 2.511 100.100 3.015
201612 2.635 100.300 3.158
201703 2.653 101.000 3.157
201706 2.496 101.100 2.968
201709 2.582 101.200 3.067
201712 2.676 101.200 3.178
201803 2.781 101.800 3.284
201806 3.095 102.400 3.633
201809 3.172 102.600 3.716
201812 3.239 102.300 3.806
201903 3.144 102.800 3.676
201906 3.243 103.100 3.781
201909 3.354 102.900 3.918
201912 3.455 102.800 4.040
202003 3.336 102.900 3.897
202006 3.433 102.900 4.010
202009 3.521 102.300 4.137
202012 3.665 102.600 4.294
202103 3.609 103.700 4.183
202106 3.812 104.200 4.397
202109 3.948 104.900 4.524
202112 4.138 106.600 4.666
202203 3.953 110.400 4.304
202206 4.032 112.500 4.308
202209 4.139 114.200 4.356
202212 4.257 119.000 4.300
202303 4.143 118.800 4.192
202306 4.238 119.700 4.256
202309 4.316 120.300 4.312
202312 4.507 119.700 4.526
202403 4.470 120.200 4.470

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


Anima Holding SpA  (MIL:ANIM) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Anima Holding SpA was 1.54. The lowest was 0.90. And the median was 1.11.


Be Aware

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


Anima Holding SpA Cyclically Adjusted Book per Share Related Terms

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


Anima Holding SpA (MIL:ANIM) Business Description

Traded in Other Exchanges
Address
Corso Giuseppe Garibaldi, 99, Milan, ITA, 20121
Anima Holding SpA is one of the Italian independent asset management operators. Anima's offering is composed of Italian mutual funds, open-ended umbrella funds domiciled in Ireland and Luxembourg, and pension funds. The company also offers institutional and private pension funds, as well as private wealth and institutional asset management services.

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