GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asbisc Enterprises PLC (WAR:ASB) » Definitions » Cyclically Adjusted Book per Share

Asbisc Enterprises (WAR:ASB) Cyclically Adjusted Book per Share : zł11.17 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Asbisc Enterprises 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.

Asbisc Enterprises's adjusted book value per share for the three months ended in Mar. 2024 was zł20.715. 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 zł11.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asbisc Enterprises's average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Asbisc Enterprises was 13.40% per year. The lowest was 5.50% per year. And the median was 9.80% per year.

As of today (2024-05-15), Asbisc Enterprises's current stock price is zł25.20. Asbisc Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł11.17. Asbisc Enterprises's Cyclically Adjusted PB Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asbisc Enterprises was 3.41. The lowest was 0.26. And the median was 1.61.


Asbisc Enterprises Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asbisc Enterprises'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.

Asbisc Enterprises Cyclically Adjusted Book per Share Chart

Asbisc Enterprises 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 7.29 7.48 8.41 9.64 10.90

Asbisc Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.03 10.38 10.70 10.90 11.17

Competitive Comparison of Asbisc Enterprises's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Asbisc Enterprises'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.


Asbisc Enterprises's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Asbisc Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asbisc Enterprises 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, Asbisc Enterprises's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=20.715/129.4194*129.4194
=20.715

Current CPI (Mar. 2024) = 129.4194.

Asbisc Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.352 100.560 9.462
201409 7.200 100.428 9.279
201412 7.300 99.070 9.536
201503 6.205 99.621 8.061
201506 5.773 100.684 7.421
201509 5.700 100.392 7.348
201512 5.737 99.792 7.440
201603 5.834 100.470 7.515
201606 5.834 101.688 7.425
201609 5.944 101.861 7.552
201612 6.048 101.863 7.684
201703 6.122 102.862 7.703
201706 6.121 103.349 7.665
201709 6.332 104.136 7.869
201712 6.643 104.011 8.266
201803 6.823 105.290 8.387
201806 6.563 106.317 7.989
201809 6.851 106.507 8.325
201812 6.981 105.998 8.524
201903 7.081 107.251 8.545
201906 6.979 108.070 8.358
201909 7.268 108.329 8.683
201912 7.651 108.420 9.133
202003 7.627 108.902 9.064
202006 7.618 108.767 9.064
202009 8.337 109.815 9.825
202012 9.602 109.897 11.308
202103 10.573 111.754 12.244
202106 10.965 114.631 12.380
202109 12.147 115.734 13.583
202112 13.323 117.630 14.658
202203 14.275 121.301 15.230
202206 15.157 125.017 15.691
202209 16.148 125.227 16.689
202212 17.274 125.222 17.853
202303 18.486 127.348 18.787
202306 19.146 128.729 19.249
202309 19.430 129.860 19.364
202312 19.802 129.419 19.802
202403 20.715 129.419 20.715

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


Asbisc Enterprises  (WAR:ASB) 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.

Asbisc Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.20/11.17
=2.26

* 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 Asbisc Enterprises was 3.41. The lowest was 0.26. And the median was 1.61.


Be Aware

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


Asbisc Enterprises Cyclically Adjusted Book per Share Related Terms

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


Asbisc Enterprises (WAR:ASB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1, Iapetou Street, Agios Athanasios, Limassol, CYP, 4101
Asbisc Enterprises PLC specializes in the trading and distribution of information and communications technology products and solutions. The company distributes products like tablets, smartphones, laptops, desktop computers, servers, and networking equipment to retail, corporate clients, SMB, and wholesale, as well as IT components such as complete solutions, building blocks, and peripherals to enterprise segment, assemblers, system integrators, and local brands. The company operates in four principal geographical areas - The former Soviet Union, Central Eastern Europe, Western Europe, and the Middle East and Africa.