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Klon (WAR:KLN) Cyclically Adjusted Book per Share : zł1.19 (As of Sep. 2023)


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What is Klon 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.

Klon's adjusted book value per share for the three months ended in Sep. 2023 was zł0.359. 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 zł1.19 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Klon's average Cyclically Adjusted Book Growth Rate was 0.80% 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 (2024-05-21), Klon's current stock price is zł1.59. Klon's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł1.19. Klon's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Klon was 1.67. The lowest was 0.98. And the median was 1.38.


Klon Cyclically Adjusted Book per Share Historical Data

The historical data trend for Klon'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.

Klon Cyclically Adjusted Book per Share Chart

Klon 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 - - - 1.10 1.20

Klon 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 1.18 1.20 1.23 1.22 1.19

Competitive Comparison of Klon's Cyclically Adjusted Book per Share

For the Lumber & Wood Production subindustry, Klon'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.


Klon's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Klon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Klon 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, Klon'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)
=0.359/146.1131*146.1131
=0.359

Current CPI (Sep. 2023) = 146.1131.

Klon Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.871 101.018 1.260
201403 0.880 101.262 1.270
201406 0.890 101.180 1.285
201409 0.900 100.611 1.307
201412 0.924 100.122 1.348
201503 0.910 100.041 1.329
201506 0.901 100.448 1.311
201509 0.909 99.634 1.333
201512 0.902 99.471 1.325
201603 0.917 98.983 1.354
201606 0.931 99.552 1.366
201609 0.945 99.064 1.394
201612 0.951 100.366 1.384
201703 0.963 101.018 1.393
201706 0.965 101.180 1.394
201709 0.970 101.343 1.399
201712 1.087 102.564 1.549
201803 1.120 102.564 1.596
201806 1.135 103.378 1.604
201809 1.140 103.378 1.611
201812 1.108 103.785 1.560
201903 1.000 104.274 1.401
201906 1.013 105.983 1.397
201909 1.015 105.983 1.399
201912 1.022 107.123 1.394
202003 1.194 109.076 1.599
202006 1.018 109.402 1.360
202009 1.033 109.320 1.381
202012 0.997 109.565 1.330
202103 1.044 112.658 1.354
202106 1.029 113.960 1.319
202109 1.035 115.588 1.308
202112 0.337 119.088 0.413
202203 0.340 125.031 0.397
202206 0.351 131.705 0.389
202209 0.358 135.531 0.386
202212 0.357 139.113 0.375
202303 0.365 145.950 0.365
202306 0.361 147.009 0.359
202309 0.359 146.113 0.359

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


Klon  (WAR:KLN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.59/1.19
=1.34

* 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 Klon was 1.67. The lowest was 0.98. And the median was 1.38.


Be Aware

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


Klon Cyclically Adjusted Book per Share Related Terms

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


Klon (WAR:KLN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Nowa Swieta 78, Zlotow, POL, 77-400
Klon SA is engaged in producing and supplying beech, oak, birch and alder non-cut off and cut off timber products. The company also provides tri, multilayer and micro-insert deciduous board products and upholstered furniture and carved elements. It sells products in Poland and the rest of the world.

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