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One (WAR:FMG) Cyclically Adjusted Book per Share : zł244.22 (As of Jun. 2023)


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What is One 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.

One's adjusted book value per share for the three months ended in Jun. 2023 was zł163.967. 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 zł244.22 for the trailing ten years ended in Jun. 2023.

During the past 12 months, One's average Cyclically Adjusted Book Growth Rate was -100.00% 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 (2024-05-15), One's current stock price is zł103.50. One's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was zł244.22. One's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of One was 0.61. The lowest was 0.04. And the median was 0.12.


One Cyclically Adjusted Book per Share Historical Data

The historical data trend for One'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.

One Cyclically Adjusted Book per Share Chart

One Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 242.55 -

One Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 238.99 242.55 249.15 244.22 -

Competitive Comparison of One's Cyclically Adjusted Book per Share

For the Asset Management subindustry, One'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.


One's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, One's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



One 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, One's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=163.967/147.0085*147.0085
=163.967

Current CPI (Jun. 2023) = 147.0085.

One Quarterly Data

Book Value per Share CPI Adj_Book
201306 323.168 100.855 471.058
201309 331.631 100.936 483.004
201312 328.690 101.018 478.335
201403 356.362 101.262 517.355
201406 402.508 101.180 584.818
201409 373.962 100.611 546.420
201412 392.705 100.122 576.606
201503 407.601 100.041 598.964
201506 410.440 100.448 600.692
201509 415.714 99.634 613.382
201512 245.879 99.471 363.386
201603 266.990 98.983 396.533
201606 226.490 99.552 334.457
201609 190.433 99.064 282.598
201612 77.552 100.366 113.592
201703 143.657 101.018 209.061
201706 78.523 101.180 114.089
201709 78.840 101.343 114.365
201712 79.969 102.564 114.622
201803 81.136 102.564 116.295
201806 78.675 103.378 111.880
201809 79.023 103.378 112.374
201812 83.060 103.785 117.652
201903 80.514 104.274 113.512
201906 50.961 105.983 70.688
201909 50.876 105.983 70.570
201912 65.802 107.123 90.303
202003 85.563 109.076 115.318
202006 109.163 109.402 146.688
202009 86.747 109.320 116.653
202012 42.256 109.565 56.697
202103 33.698 112.658 43.973
202106 74.589 113.960 96.220
202109 -15.294 115.588 -19.451
202203 108.747 125.031 127.863
202206 110.138 131.705 122.935
202209 138.244 135.531 149.951
202212 134.923 139.113 142.581
202303 187.254 145.950 188.612
202306 163.967 147.009 163.967

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


One  (WAR:FMG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=103.50/244.22
=0.42

* 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 One was 0.61. The lowest was 0.04. And the median was 0.12.


Be Aware

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


One Cyclically Adjusted Book per Share Related Terms

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


One (WAR:FMG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Adama Naruszewicza 27 lok. 101, Warsaw, POL, 02-627
One SA, formerly Financial Assets Management Group SA is engaged in the management of companies under management contracts, creating and managing their offer, planning and implementation of strategies, an organization of financing development projects and supervision over ongoing investments. The revenues include management fees, considering the costs of currently implemented projects for supported clients and companies.

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