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Erato Energy (WAR:ERA) Cyclically Adjusted Book per Share : zł0.40 (As of Mar. 2024)


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What is Erato Energy 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.

Erato Energy's adjusted book value per share for the three months ended in Mar. 2024 was zł0.021. 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 zł0.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Erato Energy's average Cyclically Adjusted Book Growth Rate was -2.40% 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.

As of today (2024-06-09), Erato Energy's current stock price is zł0.16. Erato Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.40. Erato Energy's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Erato Energy was 2.03. The lowest was 0.36. And the median was 0.70.


Erato Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Erato Energy'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.

Erato Energy Cyclically Adjusted Book per Share Chart

Erato Energy 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 - - - 0.40 0.40

Erato Energy 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 0.41 0.41 0.40 0.40 0.40

Competitive Comparison of Erato Energy's Cyclically Adjusted Book per Share

For the Solar subindustry, Erato Energy'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.


Erato Energy's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Erato Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Erato Energy 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, Erato Energy'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)
=0.021/149.0435*149.0435
=0.021

Current CPI (Mar. 2024) = 149.0435.

Erato Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.052 101.180 0.077
201409 0.025 100.611 0.037
201412 0.086 100.122 0.128
201503 0.094 100.041 0.140
201506 0.053 100.448 0.079
201509 0.048 99.634 0.072
201512 0.038 99.471 0.057
201603 0.060 98.983 0.090
201606 0.560 99.552 0.838
201609 0.433 99.064 0.651
201612 0.617 100.366 0.916
201703 0.691 101.018 1.020
201706 0.666 101.180 0.981
201709 0.553 101.343 0.813
201712 0.362 102.564 0.526
201803 0.359 102.564 0.522
201806 0.249 103.378 0.359
201809 0.183 103.378 0.264
201812 0.126 103.785 0.181
201903 0.151 104.274 0.216
201906 0.103 105.983 0.145
201909 0.097 105.983 0.136
201912 0.024 107.123 0.033
202003 0.026 109.076 0.036
202006 0.060 109.402 0.082
202009 0.042 109.320 0.057
202012 3.248 109.565 4.418
202103 0.644 112.658 0.852
202106 0.654 113.960 0.855
202109 0.658 115.588 0.848
202112 0.057 119.088 0.071
202203 0.075 125.031 0.089
202206 0.068 131.705 0.077
202209 0.063 135.531 0.069
202212 0.035 139.113 0.037
202303 0.042 145.950 0.043
202306 0.027 147.009 0.027
202309 0.023 146.113 0.023
202312 0.032 147.741 0.032
202403 0.021 149.044 0.021

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


Erato Energy  (WAR:ERA) 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.

Erato Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.16/0.4
=0.40

* 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 Erato Energy was 2.03. The lowest was 0.36. And the median was 0.70.


Be Aware

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


Erato Energy Cyclically Adjusted Book per Share Related Terms

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


Erato Energy (WAR:ERA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Szeligowska 42, Warszawa, POL, 01-320
Erato Energy SA is engaged in tailored photovoltaic installations. It deals with photovoltaics which includes the assembly of sets of devices that produce electricity from solar energy. The elements of the photovoltaic set include Photovoltaic panels, Inverter, Wiring & security.

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