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Mpay (WAR:MPY) Cyclically Adjusted Book per Share : zł0.19 (As of Jun. 2024)


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What is Mpay 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.

Mpay's adjusted book value per share for the three months ended in Jun. 2024 was zł0.224. 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 zł0.19 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Mpay's average Cyclically Adjusted Book Growth Rate was 11.80% 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 (2024-09-22), Mpay's current stock price is zł0.409. Mpay's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was zł0.19. Mpay's Cyclically Adjusted PB Ratio of today is 2.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mpay was 28.77. The lowest was 2.15. And the median was 5.44.


Mpay Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mpay'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.

Mpay Cyclically Adjusted Book per Share Chart

Mpay 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 - - 0.13 0.16 0.18

Mpay Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.17 0.17 0.18 0.18 0.19

Competitive Comparison of Mpay's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Mpay'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.


Mpay's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mpay's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mpay 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, Mpay's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.224/150.9971*150.9971
=0.224

Current CPI (Jun. 2024) = 150.9971.

Mpay Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.107 100.611 0.161
201412 0.104 100.122 0.157
201503 0.107 100.041 0.162
201506 0.105 100.448 0.158
201509 0.106 99.634 0.161
201512 0.112 99.471 0.170
201603 0.113 98.983 0.172
201606 0.114 99.552 0.173
201609 0.113 99.064 0.172
201612 0.107 100.366 0.161
201703 0.108 101.018 0.161
201706 0.109 101.180 0.163
201709 0.110 101.343 0.164
201712 0.105 102.564 0.155
201803 0.108 102.564 0.159
201806 0.108 103.378 0.158
201809 0.106 103.378 0.155
201812 0.095 103.785 0.138
201903 0.093 104.274 0.135
201906 0.096 105.983 0.137
201909 0.096 105.983 0.137
201912 0.095 107.123 0.134
202003 0.087 109.076 0.120
202006 0.089 109.402 0.123
202009 0.086 109.320 0.119
202012 0.169 109.565 0.233
202103 0.141 112.658 0.189
202106 0.223 113.960 0.295
202109 0.218 115.588 0.285
202112 0.219 119.088 0.278
202203 0.219 125.031 0.264
202206 0.219 131.705 0.251
202209 0.219 135.531 0.244
202212 0.221 139.113 0.240
202303 0.222 145.950 0.230
202306 0.222 147.009 0.228
202309 0.221 146.113 0.228
202312 0.224 147.741 0.229
202403 0.224 149.044 0.227
202406 0.224 150.997 0.224

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


Mpay  (WAR:MPY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.409/0.19
=2.15

* 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 Mpay was 28.77. The lowest was 2.15. And the median was 5.44.


Be Aware

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


Mpay Cyclically Adjusted Book per Share Related Terms

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


Mpay Business Description

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Ulica Jasna 1 lok. 421, Warsaw, POL, 00-013
Mpay SA is a Polish supplier of m-payment solutions. The company creates and develops instruments enabling the execution of financial transactions using mobile devices. The flagship product of the company is the mPay application enabling buying communication tickets, regulating payments for paid parking or powering prepaid phone accounts using a smartphone or tablet.

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