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Intershop Communications AG (STU:ISHA) Cyclically Adjusted Book per Share : €1.48 (As of Jun. 2024)


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What is Intershop Communications AG 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.

Intershop Communications AG's adjusted book value per share for the three months ended in Jun. 2024 was €0.735. 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 €1.48 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Intershop Communications AG's average Cyclically Adjusted Book Growth Rate was -9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.60% 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 Intershop Communications AG was -4.30% per year. The lowest was -5.70% per year. And the median was -5.45% per year.

As of today (2024-09-21), Intershop Communications AG's current stock price is €1.57. Intershop Communications AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €1.48. Intershop Communications AG's Cyclically Adjusted PB Ratio of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intershop Communications AG was 3.40. The lowest was 0.89. And the median was 1.80.


Intershop Communications AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Intershop Communications AG'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.

Intershop Communications AG Cyclically Adjusted Book per Share Chart

Intershop Communications AG 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 2.09 1.90 1.78 1.76 1.52

Intershop Communications AG 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 1.76 1.63 1.52 1.52 1.48

Competitive Comparison of Intershop Communications AG's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Intershop Communications AG'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.


Intershop Communications AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Intershop Communications AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Intershop Communications AG's Cyclically Adjusted PB Ratio falls into.



Intershop Communications AG 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, Intershop Communications AG'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)
=0.735/125.8815*125.8815
=0.735

Current CPI (Jun. 2024) = 125.8815.

Intershop Communications AG Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.852 99.823 2.335
201412 1.706 99.543 2.157
201503 1.660 99.717 2.096
201506 1.640 100.417 2.056
201509 1.741 100.417 2.183
201512 1.764 99.717 2.227
201603 1.626 100.017 2.046
201606 1.618 100.717 2.022
201609 1.547 101.017 1.928
201612 1.484 101.217 1.846
201703 1.496 101.417 1.857
201706 1.484 102.117 1.829
201709 1.478 102.717 1.811
201712 1.417 102.617 1.738
201803 1.337 102.917 1.635
201806 1.534 104.017 1.856
201809 1.383 104.718 1.663
201812 1.147 104.217 1.385
201903 1.256 104.217 1.517
201906 1.416 105.718 1.686
201909 1.235 106.018 1.466
201912 1.108 105.818 1.318
202003 1.114 105.718 1.326
202006 1.131 106.618 1.335
202009 1.138 105.818 1.354
202012 1.165 105.518 1.390
202103 1.185 107.518 1.387
202106 1.218 108.486 1.413
202109 1.220 109.435 1.403
202112 1.226 110.384 1.398
202203 1.210 113.968 1.336
202206 1.155 115.760 1.256
202209 1.112 118.818 1.178
202212 0.976 119.345 1.029
202303 0.932 122.402 0.958
202306 0.924 123.140 0.945
202309 0.871 124.195 0.883
202312 0.780 123.773 0.793
202403 0.769 125.038 0.774
202406 0.735 125.882 0.735

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


Intershop Communications AG  (STU:ISHA) 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.

Intershop Communications AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.57/1.48
=1.06

* 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 Intershop Communications AG was 3.40. The lowest was 0.89. And the median was 1.80.


Be Aware

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


Intershop Communications AG Cyclically Adjusted Book per Share Related Terms

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


Intershop Communications AG Business Description

Industry
Traded in Other Exchanges
Address
Steinweg 10, Jena, DEU, 07743
Intershop Communications AG is a provider of omnichannel commerce solutions. It offers packaged software for internet sales. The company also acts as a business process outsourcing provider. Its services include professional services, full-service e-commerce, and training. The business of the company operates through geographical segments that include Asia-Pacific, Europe, and the United States of America. Its Europe segment generates maximum revenue for the company. Intershop's business activities are divided into the two main business segments Software and Cloud and Service.

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