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INC S.A (WAR:INC) Cyclically Adjusted Book per Share : zł0.00 (As of Mar. 2024)


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What is INC S.A 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.

INC S.A's adjusted book value per share for the three months ended in Mar. 2024 was zł1.044. 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 zł0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, INC S.A's average Cyclically Adjusted Book Growth Rate was -3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of INC S.A was 1.80% per year. The lowest was 1.70% per year. And the median was 1.75% per year.

As of today (2024-05-27), INC S.A's current stock price is zł2.49. INC S.A's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.00. INC S.A's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of INC S.A was 3.65. The lowest was 0.20. And the median was 0.64.


INC S.A Cyclically Adjusted Book per Share Historical Data

The historical data trend for INC S.A'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.

INC S.A Cyclically Adjusted Book per Share Chart

INC S.A 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 3.87 3.74 3.75 4.08 3.93

INC S.A 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 4.19 4.14 4.02 3.93 -

Competitive Comparison of INC S.A's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, INC S.A'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.


INC S.A's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, INC S.A's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



INC S.A 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, INC S.A'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)
=1.044/149.0435*149.0435
=1.044

Current CPI (Mar. 2024) = 149.0435.

INC S.A Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.467 101.180 5.107
201409 12.995 100.611 19.251
201412 3.455 100.122 5.143
201503 4.170 100.041 6.213
201506 4.135 100.448 6.135
201509 3.960 99.634 5.924
201512 3.288 99.471 4.927
201603 3.220 98.983 4.849
201606 3.081 99.552 4.613
201609 3.213 99.064 4.834
201612 2.921 100.366 4.338
201703 2.952 101.018 4.355
201706 2.644 101.180 3.895
201709 2.656 101.343 3.906
201712 2.422 102.564 3.520
201803 2.329 102.564 3.384
201806 2.244 103.378 3.235
201809 2.030 103.378 2.927
201812 1.902 103.785 2.731
201903 1.862 104.274 2.661
201906 1.822 105.983 2.562
201909 1.799 105.983 2.530
201912 1.916 107.123 2.666
202003 2.545 109.076 3.478
202006 3.156 109.402 4.300
202009 3.030 109.320 4.131
202012 2.272 109.565 3.091
202103 2.727 112.658 3.608
202106 2.356 113.960 3.081
202109 2.893 115.588 3.730
202112 2.649 119.088 3.315
202203 2.326 125.031 2.773
202206 2.161 131.705 2.445
202209 2.075 135.531 2.282
202212 1.661 139.113 1.780
202303 1.613 145.950 1.647
202306 1.780 147.009 1.805
202309 1.533 146.113 1.564
202312 1.158 147.741 1.168
202403 1.044 149.044 1.044

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


INC S.A  (WAR:INC) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of INC S.A was 3.65. The lowest was 0.20. And the median was 0.64.


Be Aware

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


INC S.A Cyclically Adjusted Book per Share Related Terms

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


INC S.A (WAR:INC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Krasinskiego 16, Poznan, POL, 60-830
INC S.A operates in the area of investment and advisory services in the Polish capital market. The company supports the development of small and medium-sized enterprises, as well as local government units.

INC S.A (WAR:INC) Headlines

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