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Oxygen Spolka Akcyjna (WAR:OXY) Cyclically Adjusted Book per Share : zł0.32 (As of Mar. 2024)


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What is Oxygen Spolka Akcyjna 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.

Oxygen Spolka Akcyjna's adjusted book value per share for the three months ended in Mar. 2024 was zł-0.058. 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 zł0.32 for the trailing ten years ended in Mar. 2024.

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 (2024-06-23), Oxygen Spolka Akcyjna's current stock price is zł0.308. Oxygen Spolka Akcyjna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.32. Oxygen Spolka Akcyjna's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oxygen Spolka Akcyjna was 2.57. The lowest was 0.91. And the median was 1.31.


Oxygen Spolka Akcyjna Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oxygen Spolka Akcyjna'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.

Oxygen Spolka Akcyjna Cyclically Adjusted Book per Share Chart

Oxygen Spolka Akcyjna 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 - - - 0.31 0.32

Oxygen Spolka Akcyjna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.32 0.33 0.33 0.32 0.32

Competitive Comparison of Oxygen Spolka Akcyjna's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Oxygen Spolka Akcyjna'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.


Oxygen Spolka Akcyjna's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



Oxygen Spolka Akcyjna 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, Oxygen Spolka Akcyjna'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)
=-0.058/149.0435*149.0435
=-0.058

Current CPI (Mar. 2024) = 149.0435.

Oxygen Spolka Akcyjna Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.133 101.262 0.196
201406 0.020 101.180 0.029
201409 0.013 100.611 0.019
201412 0.027 100.122 0.040
201503 0.006 100.041 0.009
201506 0.002 100.448 0.003
201509 0.020 99.634 0.030
201512 4.923 99.471 7.376
201603 0.022 98.983 0.033
201606 -0.008 99.552 -0.012
201609 0.002 99.064 0.003
201612 1.992 100.366 2.958
201703 -0.077 101.018 -0.114
201706 -0.098 101.180 -0.144
201709 -0.147 101.343 -0.216
201712 -0.178 102.564 -0.259
201803 -0.118 102.564 -0.171
201806 -0.123 103.378 -0.177
201809 -0.131 103.378 -0.189
201812 0.017 103.785 0.024
201903 0.016 104.274 0.023
201906 0.010 105.983 0.014
201909 0.008 105.983 0.011
201912 0.003 107.123 0.004
202003 1.285 109.076 1.756
202006 0.214 109.402 0.292
202009 0.350 109.320 0.477
202012 0.158 109.565 0.215
202103 0.249 112.658 0.329
202106 0.079 113.960 0.103
202109 0.067 115.588 0.086
202112 0.053 119.088 0.066
202203 0.044 125.031 0.052
202206 0.043 131.705 0.049
202209 0.028 135.531 0.031
202212 -0.023 139.113 -0.025
202303 -0.007 145.950 -0.007
202306 -0.037 147.009 -0.038
202309 -0.044 146.113 -0.045
202403 -0.058 149.044 -0.058

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


Oxygen Spolka Akcyjna  (WAR:OXY) 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.

Oxygen Spolka Akcyjna's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.308/0.32
=0.96

* 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 Oxygen Spolka Akcyjna was 2.57. The lowest was 0.91. And the median was 1.31.


Be Aware

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


Oxygen Spolka Akcyjna Cyclically Adjusted Book per Share Related Terms

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


Oxygen Spolka Akcyjna (WAR:OXY) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Grzegorzecka, 67D / 26, Krakow, POL, 31-559
Oxygen Spolka Akcyjna is an investment holding company. The company invests in companies with an attractive portfolio using financial instruments available on the market.