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Arco Vara AS (OTSE:ARC1T) Cyclically Adjusted Book per Share : €1.88 (As of Mar. 2024)


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What is Arco Vara AS 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.

Arco Vara AS's adjusted book value per share for the three months ended in Mar. 2024 was €1.990. 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 €1.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arco Vara AS's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -9.50% 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 Arco Vara AS was -5.90% per year. The lowest was -13.90% per year. And the median was -8.65% per year.

As of today (2024-06-19), Arco Vara AS's current stock price is €1.48. Arco Vara AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.88. Arco Vara AS's Cyclically Adjusted PB Ratio of today is 0.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Arco Vara AS was 1.57. The lowest was 0.34. And the median was 0.57.


Arco Vara AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Arco Vara AS'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.

Arco Vara AS Cyclically Adjusted Book per Share Chart

Arco Vara AS 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 2.74 2.24 1.94 1.75 1.84

Arco Vara AS 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 1.80 1.83 1.85 1.84 1.88

Competitive Comparison of Arco Vara AS's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Arco Vara AS'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.


Arco Vara AS's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arco Vara AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arco Vara AS's Cyclically Adjusted PB Ratio falls into.



Arco Vara AS 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, Arco Vara AS'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)
=1.99/131.7762*131.7762
=1.990

Current CPI (Mar. 2024) = 131.7762.

Arco Vara AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.447 100.560 1.896
201409 1.385 100.428 1.817
201412 1.474 99.070 1.961
201503 1.592 99.621 2.106
201506 1.581 100.684 2.069
201509 1.597 100.392 2.096
201512 1.559 99.792 2.059
201603 1.733 100.470 2.273
201606 1.693 101.688 2.194
201609 1.631 101.861 2.110
201612 1.381 101.863 1.787
201703 1.337 102.862 1.713
201706 1.272 103.349 1.622
201709 1.382 104.136 1.749
201712 1.504 104.011 1.905
201803 1.500 105.290 1.877
201806 1.451 106.317 1.798
201809 1.456 106.507 1.801
201812 1.445 105.998 1.796
201903 1.432 107.251 1.759
201906 1.413 108.070 1.723
201909 1.384 108.329 1.684
201912 1.478 108.420 1.796
202003 1.480 108.902 1.791
202006 1.463 108.767 1.772
202009 1.437 109.815 1.724
202012 1.581 109.897 1.896
202103 1.770 111.754 2.087
202106 1.722 114.631 1.980
202109 1.546 115.734 1.760
202112 1.729 117.630 1.937
202203 1.731 121.301 1.880
202206 1.760 125.017 1.855
202209 1.814 125.227 1.909
202212 1.736 125.222 1.827
202303 1.708 127.348 1.767
202306 1.615 128.729 1.653
202309 1.587 129.860 1.610
202312 2.023 129.419 2.060
202403 1.990 131.776 1.990

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


Arco Vara AS  (OTSE:ARC1T) 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.

Arco Vara AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.48/1.88
=0.79

* 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 Arco Vara AS was 1.57. The lowest was 0.34. And the median was 0.57.


Be Aware

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


Arco Vara AS Cyclically Adjusted Book per Share Related Terms

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


Arco Vara AS (OTSE:ARC1T) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rotermanni 10, Tallinn, EST, 10111
Arco Vara AS is a real estate group in the Baltic States. The group is engaged in real estate development and services related to real estate. The main activity of the group is the development of complete living environments and related commercial real estate. In the development of the living environment, the completed homes are sold to the final consumer. The focus of the group is on the development of the residential real estate. The company operates in a single segment which is the construction and development segment. Its primary geographic markets are Estonia and Bulgaria.

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