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LUG (WAR:LUG) Cyclically Adjusted Book per Share : zł9.79 (As of Mar. 2024)


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What is LUG 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.

LUG's adjusted book value per share for the three months ended in Mar. 2024 was zł9.380. 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 zł9.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LUG's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% 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 LUG was 12.50% per year. The lowest was 8.90% per year. And the median was 10.70% per year.

As of today (2024-06-09), LUG's current stock price is zł6.95. LUG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł9.79. LUG's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LUG was 1.35. The lowest was 0.28. And the median was 0.80.


LUG Cyclically Adjusted Book per Share Historical Data

The historical data trend for LUG'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.

LUG Cyclically Adjusted Book per Share Chart

LUG 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 6.96 6.79 7.53 8.98 9.67

LUG 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 9.45 9.55 9.52 9.67 9.79

Competitive Comparison of LUG's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, LUG'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.


LUG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LUG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LUG 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, LUG'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)
=9.38/149.0435*149.0435
=9.380

Current CPI (Mar. 2024) = 149.0435.

LUG Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.566 101.180 8.199
201409 5.627 100.611 8.336
201412 5.614 100.122 8.357
201503 5.958 100.041 8.876
201506 6.106 100.448 9.060
201509 6.159 99.634 9.213
201512 6.128 99.471 9.182
201603 6.027 98.983 9.075
201606 6.172 99.552 9.240
201609 6.302 99.064 9.481
201612 6.537 100.366 9.707
201703 6.639 101.018 9.795
201706 6.644 101.180 9.787
201709 6.991 101.343 10.282
201712 7.359 102.564 10.694
201803 7.515 102.564 10.921
201806 7.530 103.378 10.856
201809 7.862 103.378 11.335
201812 7.768 103.785 11.155
201903 7.890 104.274 11.278
201906 7.536 105.983 10.598
201909 7.541 105.983 10.605
201912 6.632 107.123 9.227
202003 6.967 109.076 9.520
202006 7.193 109.402 9.799
202009 7.323 109.320 9.984
202012 7.456 109.565 10.143
202103 7.643 112.658 10.112
202106 7.839 113.960 10.252
202109 7.991 115.588 10.304
202112 8.431 119.088 10.552
202203 8.555 125.031 10.198
202206 8.652 131.705 9.791
202209 8.767 135.531 9.641
202212 8.663 139.113 9.281
202303 8.814 145.950 9.001
202306 9.032 147.009 9.157
202309 9.242 146.113 9.427
202312 9.542 147.741 9.626
202403 9.380 149.044 9.380

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


LUG  (WAR:LUG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.95/9.79
=0.71

* 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 LUG was 1.35. The lowest was 0.28. And the median was 0.80.


Be Aware

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


LUG Cyclically Adjusted Book per Share Related Terms

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


LUG (WAR:LUG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LUG SA (WAR:LUG) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
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Address
ul. Gorzowska 11, Zielona Gora, POL, 65-127
LUG SA is a Poland based company involved in manufacturing industrial and decorative lighting fittings and sales of electrical materials. The company offers a wide range of outdoor fittings for building illumination, gas station, street, and parking lot lighting.

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