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Emka Ad (XBUL:EMKA) Cyclically Adjusted Book per Share : лв1.14 (As of Dec. 2023)


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What is Emka Ad 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.

Emka Ad's adjusted book value per share for the three months ended in Dec. 2023 was лв1.414. 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 лв1.14 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Emka Ad's average Cyclically Adjusted Book Growth Rate was 8.60% 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 (2024-04-30), Emka Ad's current stock price is лв2.04. Emka Ad's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was лв1.14. Emka Ad's Cyclically Adjusted PB Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Emka Ad was 2.09. The lowest was 1.48. And the median was 1.80.


Emka Ad Cyclically Adjusted Book per Share Historical Data

The historical data trend for Emka Ad'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.

Emka Ad Cyclically Adjusted Book per Share Chart

Emka Ad 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 - - 0.97 1.05 1.14

Emka Ad Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.05 1.09 1.11 1.13 1.14

Competitive Comparison of Emka Ad's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Emka Ad'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.


Emka Ad's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emka Ad's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Emka Ad 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, Emka Ad's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.414/129.4194*129.4194
=1.414

Current CPI (Dec. 2023) = 129.4194.

Emka Ad Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.724 99.695 0.940
201406 0.722 100.560 0.929
201409 0.749 100.428 0.965
201412 0.754 99.070 0.985
201503 0.780 99.621 1.013
201506 0.794 100.684 1.021
201509 0.807 100.392 1.040
201512 0.802 99.792 1.040
201603 0.820 100.470 1.056
201606 0.812 101.688 1.033
201609 0.832 101.861 1.057
201612 0.816 101.863 1.037
201703 0.853 102.862 1.073
201706 0.848 103.349 1.062
201709 0.864 104.136 1.074
201712 0.866 104.011 1.078
201803 0.899 105.290 1.105
201806 0.889 106.317 1.082
201809 0.902 106.507 1.096
201812 0.914 105.998 1.116
201903 0.946 107.251 1.142
201906 0.919 108.070 1.101
201909 0.939 108.329 1.122
201912 0.955 108.420 1.140
202003 0.985 108.902 1.171
202006 0.950 108.767 1.130
202009 0.982 109.815 1.157
202012 0.995 109.897 1.172
202103 1.050 111.754 1.216
202106 1.066 114.631 1.204
202109 1.097 115.734 1.227
202112 1.104 117.630 1.215
202203 1.184 121.301 1.263
202206 1.194 125.017 1.236
202209 1.260 125.227 1.302
202212 1.289 125.222 1.332
202303 1.388 127.348 1.411
202306 1.350 128.729 1.357
202309 1.400 129.860 1.395
202312 1.414 129.419 1.414

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


Emka Ad  (XBUL:EMKA) 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.

Emka Ad's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.04/1.14
=1.79

* 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 Emka Ad was 2.09. The lowest was 1.48. And the median was 1.80.


Be Aware

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


Emka Ad Cyclically Adjusted Book per Share Related Terms

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


Emka Ad (XBUL:EMKA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Street Bacho Kiro No. 8, Sofia, BGR, 1000
Emka Ad is engaged in the production of wires and cables. The company manufactures non-halogen and polyurethane cables. The product portfolio includes insulated wires, cables, flexible cords, non-insulated wires, winding wires, among others.

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