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Apator (WAR:APT) Cyclically Adjusted Book per Share : zł20.15 (As of Dec. 2024)


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What is Apator 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.

Apator's adjusted book value per share for the three months ended in Dec. 2024 was zł18.020. 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 zł20.15 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Apator's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.60% 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 Apator was 15.00% per year. The lowest was 10.50% per year. And the median was 13.00% per year.

As of today (2025-05-10), Apator's current stock price is zł20.25. Apator's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was zł20.15. Apator's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Apator was 2.71. The lowest was 0.75. And the median was 1.43.


Apator Cyclically Adjusted Book per Share Historical Data

The historical data trend for Apator'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.

Apator Cyclically Adjusted Book per Share Chart

Apator Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.69 14.63 17.75 19.16 20.15

Apator Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 19.16 19.37 19.66 19.99 20.15

Competitive Comparison of Apator's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Apator'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.


Apator's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Apator's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Apator 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, Apator's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=18.02/154.6602*154.6602
=18.020

Current CPI (Dec. 2024) = 154.6602.

Apator Quarterly Data

Book Value per Share CPI Adj_Book
201503 12.146 100.041 18.777
201506 12.045 100.448 18.546
201509 12.546 99.634 19.475
201512 12.552 99.471 19.516
201603 12.942 98.983 20.222
201606 12.728 99.552 19.774
201609 12.983 99.064 20.269
201612 13.272 100.366 20.452
201703 13.956 101.018 21.367
201706 13.586 101.180 20.767
201709 14.084 101.343 21.494
201712 13.622 102.564 20.541
201803 14.063 102.564 21.206
201806 13.858 103.378 20.732
201809 14.257 103.378 21.329
201812 14.320 103.785 21.340
201903 14.782 104.274 21.925
201906 14.435 105.983 21.065
201909 14.843 105.983 21.660
201912 14.907 107.123 21.522
202003 15.182 109.076 21.527
202006 15.637 109.402 22.106
202009 15.507 109.320 21.938
202012 15.555 109.565 21.957
202103 16.854 112.658 23.138
202106 16.558 113.960 22.472
202109 16.691 115.588 22.333
202112 16.696 119.088 21.683
202203 16.142 125.031 19.967
202206 16.088 131.705 18.892
202209 15.899 135.531 18.143
202212 16.459 139.113 18.298
202303 16.807 145.950 17.810
202306 16.654 147.009 17.521
202309 16.998 146.113 17.992
202312 16.448 147.741 17.218
202403 16.783 149.044 17.415
202406 17.323 150.997 17.743
202409 17.835 153.439 17.977
202412 18.020 154.660 18.020

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


Apator  (WAR:APT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.25/20.15
=1.00

* 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 Apator was 2.71. The lowest was 0.75. And the median was 1.43.


Be Aware

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


Apator Cyclically Adjusted Book per Share Related Terms

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


Apator Business Description

Industry
Traded in Other Exchanges
Address
ul. Gda?ska 4a, lok C4, Torun, POL, 87-100
Apator SA manufactures and sells metering and switchgear equipment in Poland and internationally. Its products include electricity meters, such as smart, electronic, prepayment, and induction meters, as well as smart grid systems comprising remote data read out and prepayment systems; and water meters, heat meters and volume parts for heat meters, heating cost allocators, remote reading systems, installation fittings, test and measurement products, and other products.