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Stalprodukt (WAR:STP) Cyclically Adjusted Book per Share : zł598.39 (As of Mar. 2024)


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What is Stalprodukt 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.

Stalprodukt's adjusted book value per share for the three months ended in Mar. 2024 was zł680.238. 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 zł598.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stalprodukt's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.20% 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 Stalprodukt was 17.80% per year. The lowest was 11.20% per year. And the median was 14.55% per year.

As of today (2024-06-04), Stalprodukt's current stock price is zł216.00. Stalprodukt's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł598.39. Stalprodukt's Cyclically Adjusted PB Ratio of today is 0.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stalprodukt was 2.14. The lowest was 0.32. And the median was 0.68.


Stalprodukt Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stalprodukt'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.

Stalprodukt Cyclically Adjusted Book per Share Chart

Stalprodukt 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 325.95 358.47 419.02 524.18 585.27

Stalprodukt 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 556.88 567.23 570.62 585.27 598.39

Competitive Comparison of Stalprodukt's Cyclically Adjusted Book per Share

For the Steel subindustry, Stalprodukt'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.


Stalprodukt's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

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

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



Stalprodukt 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, Stalprodukt'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)
=680.238/149.0435*149.0435
=680.238

Current CPI (Mar. 2024) = 149.0435.

Stalprodukt Quarterly Data

Book Value per Share CPI Adj_Book
201406 248.121 101.180 365.494
201409 248.011 100.611 367.401
201412 261.433 100.122 389.174
201503 265.030 100.041 394.849
201506 281.922 100.448 418.314
201509 304.673 99.634 455.765
201512 292.090 99.471 437.657
201603 323.380 98.983 486.931
201606 329.739 99.552 493.665
201609 333.961 99.064 502.451
201612 332.633 100.366 493.958
201703 348.826 101.018 514.666
201706 377.202 101.180 555.637
201709 367.631 101.343 540.668
201712 384.444 102.564 558.664
201803 412.265 102.564 599.093
201806 429.059 103.378 618.588
201809 462.592 103.378 666.934
201812 464.771 103.785 667.447
201903 442.504 104.274 632.494
201906 446.130 105.983 627.392
201909 465.338 105.983 654.404
201912 479.351 107.123 666.939
202003 479.779 109.076 655.578
202006 479.714 109.402 653.539
202009 489.539 109.320 667.420
202012 516.021 109.565 701.957
202103 510.503 112.658 675.384
202106 530.868 113.960 694.299
202109 553.752 115.588 714.028
202112 582.545 119.088 729.077
202203 596.364 125.031 710.900
202206 627.085 131.705 709.637
202209 646.348 135.531 710.789
202212 689.437 139.113 738.654
202303 691.333 145.950 705.985
202306 668.046 147.009 677.294
202309 693.196 146.113 707.099
202312 689.188 147.741 695.263
202403 680.238 149.044 680.238

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


Stalprodukt  (WAR:STP) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=216.00/598.39
=0.36

* 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 Stalprodukt was 2.14. The lowest was 0.32. And the median was 0.68.


Be Aware

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


Stalprodukt Cyclically Adjusted Book per Share Related Terms

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


Stalprodukt (WAR:STP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Stalprodukt SA (WAR:STP) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
ul. Wygoda 69, Bochnia, POL, 32-700
Stalprodukt SA is a Poland-based company that is primarily engaged in manufacturing and marketing of steel products. The company operates through three segments. Its electrical sheets segment manufactures electrical sheets, strips, and toroidal cores. Its profiles segment produces cold formed profiles, road safety barriers and others. Its zinc segment manufactures zinc and zinc alloys, lead, flotation galena, and others. The company owns a proprietary distribution network of metallurgical products, which consists of wholesale warehouses and offices in several cities in the territory of Poland. The company sells its products both in the home market and abroad.

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