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Prochem (WAR:PRM) Cyclically Adjusted Book per Share : zł43.50 (As of Mar. 2025)


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What is Prochem 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.

Prochem's adjusted book value per share for the three months ended in Mar. 2025 was zł17.199. 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 zł43.50 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Prochem's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% 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 Prochem was 11.30% per year. The lowest was 6.60% per year. And the median was 8.95% per year.

As of today (2025-05-28), Prochem's current stock price is zł25.80. Prochem's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was zł43.50. Prochem's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prochem was 1.06. The lowest was 0.45. And the median was 0.70.


Prochem Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prochem'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.

Prochem Cyclically Adjusted Book per Share Chart

Prochem 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 28.01 29.16 30.36 33.94 40.17

Prochem Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24 Mar25
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 42.12 42.73 42.94 43.19 43.50

Competitive Comparison of Prochem's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Prochem'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.


Prochem's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Prochem 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, Prochem's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=17.199/157.0208*157.0208
=17.199

Current CPI (Mar. 2025) = 157.0208.

Prochem Quarterly Data

Book Value per Share CPI Adj_Book
201412 29.123 100.122 45.673
201503 29.340 100.041 46.051
201506 29.012 100.448 45.352
201509 29.619 99.634 46.679
201512 29.873 99.471 47.156
201603 30.120 98.983 47.781
201606 23.076 99.552 36.397
201609 23.253 99.064 36.857
201612 22.643 100.366 35.424
201703 22.747 101.018 35.358
201706 22.863 101.180 35.481
201709 24.513 101.343 37.980
201712 27.020 102.564 41.366
201803 27.345 102.564 41.864
201806 27.170 103.378 41.268
201809 27.837 103.378 42.282
201812 28.600 103.785 43.270
201903 28.938 104.274 43.576
201906 29.451 105.983 43.634
201909 30.000 105.983 44.447
201912 31.283 107.123 45.855
202003 31.176 109.076 44.879
202006 32.176 109.402 46.181
202009 32.585 109.320 46.803
202012 35.987 109.565 51.574
202103 37.469 112.658 52.224
202106 47.681 113.960 65.698
202109 41.315 115.588 56.124
202112 42.097 119.088 55.506
202203 42.893 125.031 53.868
202206 41.897 131.705 49.950
202209 42.128 135.531 48.808
202212 44.918 139.113 50.700
202303 44.827 145.950 48.227
202306 37.627 147.009 40.190
202309 37.446 146.113 40.241
202403 31.268 149.044 32.942
202406 27.753 150.997 28.860
202409 25.688 153.439 26.288
202503 17.199 157.021 17.199

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


Prochem  (WAR:PRM) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.80/43.50
=0.59

* 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 Prochem was 1.06. The lowest was 0.45. And the median was 0.70.


Be Aware

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


Prochem Cyclically Adjusted Book per Share Related Terms

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


Prochem Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prochem SA (WAR:PRM) » Definitions » Cyclically Adjusted Book per Share
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Address
ul. Lopuszanska 95, Warszawa, POL, 02-457
Prochem SA is involved in providing engineering and general construction services in Poland, Belarus, and internationally. It offers pre-investment services, such as program-and-spatial concepts, expert studies, and technical recommendations; and conducts feasibility studies for new investment projects, as well as for the purpose of modernization and extension projects.