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Volta Finance (XAMS:VTA) Cyclically Adjusted Book per Share : €8.80 (As of Jan. 2024)


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What is Volta Finance 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.

Volta Finance's adjusted book value per share data for the fiscal year that ended in Jul. 2023 was €6.451. 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 €8.80 for the trailing ten years ended in Jul. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Volta Finance was 7.00% per year. The lowest was 5.00% per year. And the median was 6.40% per year.

As of today (2024-05-18), Volta Finance's current stock price is € 5.15. Volta Finance's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul. 2023 was €8.80. Volta Finance's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Volta Finance was 1.20. The lowest was 0.46. And the median was 0.76.


Volta Finance Cyclically Adjusted Book per Share Historical Data

The historical data trend for Volta Finance'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.

Volta Finance Cyclically Adjusted Book per Share Chart

Volta Finance Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.34 7.60 8.17 8.79 8.80

Volta Finance Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 8.79 - 8.80 -

Competitive Comparison of Volta Finance's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Volta Finance'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.


Volta Finance's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



Volta Finance 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, Volta Finance's adjusted Book Value per Share data for the fiscal year that ended in Jul. 2023 was:

Adj_Book=Book Value per Share /CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=6.451/128.9743*128.9743
=6.451

Current CPI (Jul. 2023) = 128.9743.

Volta Finance Annual Data

Book Value per Share CPI Adj_Book
201407 7.501 100.520 9.624
201507 8.196 100.691 10.498
201607 7.919 101.524 10.060
201707 8.359 103.278 10.439
201807 8.360 106.324 10.141
201907 7.944 108.250 9.465
202007 5.691 109.318 6.714
202107 7.281 115.183 8.153
202207 6.223 125.002 6.421
202307 6.451 128.974 6.451

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


Volta Finance  (XAMS:VTA) 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.

Volta Finance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.15/8.8
=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 Volta Finance was 1.20. The lowest was 0.46. And the median was 0.76.


Be Aware

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


Volta Finance Cyclically Adjusted Book per Share Related Terms

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


Volta Finance (XAMS:VTA) Business Description

Traded in Other Exchanges
Address
BNP Paribas House, St Julian’s Avenue, St Peter Port, GGY, GY1 1WA
Volta Finance Ltd is a closed-ended investment company. It invests in collateralized loan application, synthetic corporate credit, cash corporate credit and asset based security classes. The company's objectives are to preserve capital across the credit cycle and provide returns to shareholders through quarterly dividends from investments in the diversified portfolio of structured finance assets.