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ELQ Spolka Akcyjna (WAR:ELQ) Cyclically Adjusted Book per Share : zł0.80 (As of Mar. 2024)


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What is ELQ Spolka Akcyjna 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.

ELQ Spolka Akcyjna's adjusted book value per share for the three months ended in Mar. 2024 was zł0.276. 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 zł0.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ELQ Spolka Akcyjna's average Cyclically Adjusted Book Growth Rate was -16.70% 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.

As of today (2024-05-22), ELQ Spolka Akcyjna's current stock price is zł3.20. ELQ Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.80. ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio of today is 4.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ELQ Spolka Akcyjna was 5.20. The lowest was 1.06. And the median was 1.47.


ELQ Spolka Akcyjna Cyclically Adjusted Book per Share Historical Data

The historical data trend for ELQ Spolka Akcyjna'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.

ELQ Spolka Akcyjna Cyclically Adjusted Book per Share Chart

ELQ Spolka Akcyjna Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.95 0.96

ELQ Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.96 0.94 0.89 0.83 0.80

Competitive Comparison of ELQ Spolka Akcyjna's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, ELQ Spolka Akcyjna'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.


ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



ELQ Spolka Akcyjna 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, ELQ Spolka Akcyjna'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)
=0.276/149.0435*149.0435
=0.276

Current CPI (Mar. 2024) = 149.0435.

ELQ Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.449 101.262 2.133
201406 1.349 101.180 1.987
201409 1.289 100.611 1.910
201412 2.249 100.122 3.348
201503 2.273 100.041 3.386
201506 2.185 100.448 3.242
201509 1.287 99.634 1.925
201512 2.003 99.471 3.001
201603 1.997 98.983 3.007
201606 1.994 99.552 2.985
201609 1.979 99.064 2.977
201612 0.251 100.366 0.373
201703 0.250 101.018 0.369
201706 0.034 101.180 0.050
201709 0.032 101.343 0.047
201712 0.032 102.564 0.047
201803 0.027 102.564 0.039
201806 0.023 103.378 0.033
201809 0.022 103.378 0.032
201812 0.026 103.785 0.037
201903 0.034 104.274 0.049
201906 0.037 105.983 0.052
201909 0.055 105.983 0.077
201912 0.050 107.123 0.070
202003 0.045 109.076 0.061
202006 0.050 109.402 0.068
202009 0.048 109.320 0.065
202012 0.062 109.565 0.084
202103 0.099 112.658 0.131
202106 -0.055 113.960 -0.072
202109 -0.049 115.588 -0.063
202112 0.020 119.088 0.025
202203 -0.046 125.031 -0.055
202206 0.001 131.705 0.001
202209 -0.154 135.531 -0.169
202212 0.037 139.113 0.040
202303 0.029 145.950 0.030
202306 0.090 147.009 0.091
202309 0.121 146.113 0.123
202403 0.276 149.044 0.276

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


ELQ Spolka Akcyjna  (WAR:ELQ) 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.

ELQ Spolka Akcyjna's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.20/0.8
=4.00

* 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 ELQ Spolka Akcyjna was 5.20. The lowest was 1.06. And the median was 1.47.


Be Aware

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


ELQ Spolka Akcyjna Cyclically Adjusted Book per Share Related Terms

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


ELQ Spolka Akcyjna (WAR:ELQ) Business Description

Industry
Traded in Other Exchanges
Address
ulica Jagiellonska 81/83, Czestochowa, POL, 42-200
ELQ Spolka Akcyjna manufactures prefabricated transformer stations MV / LV Cabinet of concrete and metal. The company supplies, installs and commissions power devices in the area of the secondary distribution of electricity. Its products include SN switchboard Ma20, ELQUSIM station 20/630 Mkb, SOLAR station IG 20/1000, station SOLAR IP 20/630 and station 20/250.

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