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Pro Kapital Grupp AS (OTSE:PKG1T) Cyclically Adjusted Book per Share : €1.45 (As of Jun. 2024)


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What is Pro Kapital Grupp 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.

Pro Kapital Grupp AS's adjusted book value per share for the three months ended in Jun. 2024 was €0.907. 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 €1.45 for the trailing ten years ended in Jun. 2024.

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 (2024-09-22), Pro Kapital Grupp AS's current stock price is €0.82. Pro Kapital Grupp AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €1.45. Pro Kapital Grupp AS's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pro Kapital Grupp AS was 0.90. The lowest was 0.41. And the median was 0.57.


Pro Kapital Grupp AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pro Kapital Grupp 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.

Pro Kapital Grupp AS Cyclically Adjusted Book per Share Chart

Pro Kapital Grupp 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 - - - 1.44 1.44

Pro Kapital Grupp AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.45 1.45 1.44 1.45 1.45

Competitive Comparison of Pro Kapital Grupp AS's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, Pro Kapital Grupp 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.


Pro Kapital Grupp AS's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Pro Kapital Grupp AS's Cyclically Adjusted PB Ratio falls into.



Pro Kapital Grupp 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, Pro Kapital Grupp AS's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.907/132.5538*132.5538
=0.907

Current CPI (Jun. 2024) = 132.5538.

Pro Kapital Grupp AS Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.046 100.428 1.381
201412 1.447 99.070 1.936
201503 1.427 99.621 1.899
201506 1.418 100.684 1.867
201509 1.494 100.392 1.973
201512 1.509 99.792 2.004
201603 1.492 100.470 1.968
201606 1.463 101.688 1.907
201609 1.478 101.861 1.923
201612 1.445 101.863 1.880
201703 1.415 102.862 1.823
201706 1.400 103.349 1.796
201709 1.416 104.136 1.802
201712 1.434 104.011 1.828
201803 1.432 105.290 1.803
201806 1.485 106.317 1.851
201809 1.475 106.507 1.836
201812 1.731 105.998 2.165
201903 1.730 107.251 2.138
201906 1.728 108.070 2.119
201909 1.683 108.329 2.059
201912 1.218 108.420 1.489
202003 1.188 108.902 1.446
202006 1.122 108.767 1.367
202009 1.067 109.815 1.288
202012 0.231 109.897 0.279
202103 0.196 111.754 0.232
202106 0.607 114.631 0.702
202109 0.627 115.734 0.718
202112 0.756 117.630 0.852
202203 0.751 121.301 0.821
202206 0.828 125.017 0.878
202209 0.908 125.227 0.961
202212 0.976 125.222 1.033
202303 0.999 127.348 1.040
202306 0.971 128.729 1.000
202309 0.958 129.860 0.978
202312 0.960 129.419 0.983
202403 0.930 131.776 0.935
202406 0.907 132.554 0.907

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


Pro Kapital Grupp AS  (OTSE:PKG1T) 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.

Pro Kapital Grupp AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.82/1.45
=0.57

* 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 Pro Kapital Grupp AS was 0.90. The lowest was 0.41. 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.


Pro Kapital Grupp AS Cyclically Adjusted Book per Share Related Terms

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


Pro Kapital Grupp AS Business Description

Industry
Traded in Other Exchanges
Address
Sojakooli 11, Tallinn, EST, 11316
Pro Kapital Grupp AS is an Estonian-based company engaged in the business of real estate. Principally, it is involved in buying and selling as well as renting its own and leased real estate. The company focuses on the development, management, and sale of modern retail and residential real estate properties geographically across Estonia, Latvia, Lithuania, and Germany. The company's project includes the residential area in Kalaranna District, Kristiine City, Kliversala Quarter, Saltiniu Namai Attico, and others.

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