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Imperio Asi (WAR:IMP) Cyclically Adjusted Book per Share : zł3.37 (As of Sep. 2023)


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What is Imperio Asi 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.

Imperio Asi's adjusted book value per share for the three months ended in Sep. 2023 was zł1.849. 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 zł3.37 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Imperio Asi's average Cyclically Adjusted Book Growth Rate was -10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -19.60% 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 Imperio Asi was -19.60% per year. The lowest was -20.10% per year. And the median was -19.85% per year.

As of today (2024-04-30), Imperio Asi's current stock price is zł1.08. Imperio Asi's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł3.37. Imperio Asi's Cyclically Adjusted PB Ratio of today is 0.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Imperio Asi was 1.13. The lowest was 0.10. And the median was 0.32.


Imperio Asi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Imperio Asi'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.

Imperio Asi Cyclically Adjusted Book per Share Chart

Imperio Asi 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 8.13 7.01 5.25 4.15 3.65

Imperio Asi Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.75 3.65 3.63 3.49 3.37

Competitive Comparison of Imperio Asi's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Imperio Asi'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.


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

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

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



Imperio Asi 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, Imperio Asi's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.849/146.1131*146.1131
=1.849

Current CPI (Sep. 2023) = 146.1131.

Imperio Asi Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.740 101.018 6.856
201403 4.766 101.262 6.877
201406 3.474 101.180 5.017
201409 2.934 100.611 4.261
201412 2.621 100.122 3.825
201503 3.149 100.041 4.599
201506 2.686 100.448 3.907
201509 2.808 99.634 4.118
201512 2.713 99.471 3.985
201603 2.870 98.983 4.237
201606 2.713 99.552 3.982
201609 2.606 99.064 3.844
201612 3.799 100.366 5.531
201703 3.214 101.018 4.649
201706 2.839 101.180 4.100
201709 2.809 101.343 4.050
201712 2.419 102.564 3.446
201803 2.409 102.564 3.432
201806 1.614 103.378 2.281
201809 1.596 103.378 2.256
201812 1.640 103.785 2.309
201903 1.620 104.274 2.270
201906 1.573 105.983 2.169
201909 1.530 105.983 2.109
201912 1.907 107.123 2.601
202003 1.978 109.076 2.650
202006 2.058 109.402 2.749
202009 0.000 109.320 0.000
202012 1.961 109.565 2.615
202103 0.000 112.658 0.000
202106 2.028 113.960 2.600
202109 2.444 115.588 3.089
202112 2.227 119.088 2.732
202203 2.125 125.031 2.483
202206 1.920 131.705 2.130
202209 2.057 135.531 2.218
202212 2.013 139.113 2.114
202303 2.107 145.950 2.109
202306 2.031 147.009 2.019
202309 1.849 146.113 1.849

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


Imperio Asi  (WAR:IMP) 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.

Imperio Asi's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.08/3.37
=0.32

* 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 Imperio Asi was 1.13. The lowest was 0.10. And the median was 0.32.


Be Aware

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


Imperio Asi Cyclically Adjusted Book per Share Related Terms

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


Imperio Asi (WAR:IMP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mokotow Nova Building D, 6th Floor, ulica Wo?oska 22A, Warsaw, POL, 02-675
Imperio Asi SA formerly Impera Capital SA provides the investors trading in the stock exchange market with an access to direct private investments area in Poland. The company invests in the development of medium-sized companies.

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