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Octava (WAR:08N) Cyclically Adjusted Book per Share : zł1.92 (As of Jun. 2024)


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What is Octava 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.

Octava's adjusted book value per share for the three months ended in Jun. 2024 was zł1.107. 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 zł1.92 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Octava's average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.80% 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 Octava was -2.80% per year. The lowest was -4.60% per year. And the median was -3.70% per year.

As of today (2024-11-10), Octava's current stock price is zł0.89. Octava's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was zł1.92. Octava's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Octava was 0.59. The lowest was 0.35. And the median was 0.50.


Octava Cyclically Adjusted Book per Share Historical Data

The historical data trend for Octava'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.

Octava Cyclically Adjusted Book per Share Chart

Octava 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 2.19 2.09 1.80 1.90 1.92

Octava 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 1.96 1.92 1.92 1.92 1.92

Competitive Comparison of Octava's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Octava'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.


Octava's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

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



Octava 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, Octava'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)
=1.107/150.9971*150.9971
=1.107

Current CPI (Jun. 2024) = 150.9971.

Octava Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.356 100.611 2.035
201412 1.399 100.122 2.110
201503 1.388 100.041 2.095
201506 1.392 100.448 2.093
201509 1.413 99.634 2.141
201512 1.433 99.471 2.175
201603 1.473 98.983 2.247
201606 1.488 99.552 2.257
201609 1.495 99.064 2.279
201612 1.493 100.366 2.246
201703 1.487 101.018 2.223
201706 1.499 101.180 2.237
201709 1.520 101.343 2.265
201712 1.509 102.564 2.222
201803 1.577 102.564 2.322
201806 1.597 103.378 2.333
201809 1.620 103.378 2.366
201812 1.514 103.785 2.203
201903 1.527 104.274 2.211
201906 1.454 105.983 2.072
201909 1.446 105.983 2.060
201912 1.452 107.123 2.047
202003 1.522 109.076 2.107
202006 1.471 109.402 2.030
202009 1.455 109.320 2.010
202012 1.400 109.565 1.929
202103 1.395 112.658 1.870
202106 1.371 113.960 1.817
202109 1.365 115.588 1.783
202112 1.313 119.088 1.665
202203 1.345 125.031 1.624
202206 1.436 131.705 1.646
202209 1.428 135.531 1.591
202212 1.215 139.113 1.319
202303 1.208 145.950 1.250
202306 1.187 147.009 1.219
202309 1.194 146.113 1.234
202312 1.303 147.741 1.332
202403 1.146 149.044 1.161
202406 1.107 150.997 1.107

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


Octava  (WAR:08N) 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.

Octava's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.89/1.92
=0.46

* 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 Octava was 0.59. The lowest was 0.35. And the median was 0.50.


Be Aware

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


Octava Cyclically Adjusted Book per Share Related Terms

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


Octava Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Octava SA (WAR:08N) » Definitions » Cyclically Adjusted Book per Share
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Address
ul. Common 47/49, Warszawa, POL, 00-684
Octava SA operates in the real estate sector as an active financial investor. Its main investment targets include medium term, medium size real estate projects which allow for value creation through full-scale development or redevelopment.

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