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Groupe Partouche (STU:PZ21) Cyclically Adjusted Book per Share : €37.88 (As of Oct. 2023)


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What is Groupe Partouche 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.

Groupe Partouche's adjusted book value per share data for the fiscal year that ended in Oct. 2023 was €36.047. 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 €37.88 for the trailing ten years ended in Oct. 2023.

During the past 12 months, Groupe Partouche's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.40% 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 Groupe Partouche was 3.20% per year. The lowest was -8.10% per year. And the median was -5.35% per year.

As of today (2024-05-14), Groupe Partouche's current stock price is € 20.50. Groupe Partouche's Cyclically Adjusted Book per Share for the fiscal year that ended in Oct. 2023 was €37.88. Groupe Partouche's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Groupe Partouche was 0.95. The lowest was 0.14. And the median was 0.57.


Groupe Partouche Cyclically Adjusted Book per Share Historical Data

The historical data trend for Groupe Partouche'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.

Groupe Partouche Cyclically Adjusted Book per Share Chart

Groupe Partouche Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.74 33.83 34.96 37.00 37.88

Groupe Partouche Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 34.96 - 37.00 - 37.88

Competitive Comparison of Groupe Partouche's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Groupe Partouche'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.


Groupe Partouche's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Groupe Partouche's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Groupe Partouche's Cyclically Adjusted PB Ratio falls into.



Groupe Partouche 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, Groupe Partouche's adjusted Book Value per Share data for the fiscal year that ended in Oct. 2023 was:

Adj_Book=Book Value per Share /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=36.047/118.4300*118.4300
=36.047

Current CPI (Oct. 2023) = 118.4300.

Groupe Partouche Annual Data

Book Value per Share CPI Adj_Book
201410 31.277 99.950 37.060
201510 31.392 100.010 37.174
201610 32.285 100.370 38.094
201710 35.695 101.430 41.678
201810 36.308 103.670 41.477
201910 38.274 104.460 43.393
202010 36.454 104.510 41.309
202110 30.993 107.250 34.224
202210 34.686 113.900 36.066
202310 36.047 118.430 36.047

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


Groupe Partouche  (STU:PZ21) 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.

Groupe Partouche's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.50/37.88
=0.54

* 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 Groupe Partouche was 0.95. The lowest was 0.14. 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.


Groupe Partouche Cyclically Adjusted Book per Share Related Terms

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


Groupe Partouche (STU:PZ21) Business Description

Traded in Other Exchanges
Address
141 bis, Rue de Saussure, Paris, FRA, 75017
Groupe Partouche is a France-based company that owns and operates casinos and Hotels. It conducts its activities in France, Belgium, and Switzerland. The games that the company provides include Boule, Texas Hold'em poker, and electronic roulette and slot machines. The company's segments are divided into Casinos, Hotels, and Other Activities. The Casino division, comprises gaming, catering, and entertainment, the Hotel division, comprises accommodation and hospitality services. The majority of the revenue is generated from the Casinos segment. The group also operates in the rest of Europe and at the international level.

Groupe Partouche (STU:PZ21) Headlines

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