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M+S Hidravlik AD (XBUL:MSH) Cyclically Adjusted Book per Share : лв2.53 (As of Dec. 2024)


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What is M+S Hidravlik 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.

M+S Hidravlik AD's adjusted book value per share for the three months ended in Dec. 2024 was лв3.104. 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 лв2.53 for the trailing ten years ended in Dec. 2024.

During the past 12 months, M+S Hidravlik AD's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 M+S Hidravlik AD was 8.30% per year. The lowest was 8.30% per year. And the median was 8.30% per year.

As of today (2025-05-30), M+S Hidravlik AD's current stock price is лв9.70. M+S Hidravlik AD's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was лв2.53. M+S Hidravlik AD's Cyclically Adjusted PB Ratio of today is 3.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of M+S Hidravlik AD was 5.24. The lowest was 3.48. And the median was 4.21.


M+S Hidravlik AD Cyclically Adjusted Book per Share Historical Data

The historical data trend for M+S Hidravlik 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.

M+S Hidravlik AD Cyclically Adjusted Book per Share Chart

M+S Hidravlik AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.99 2.18 2.36 2.53

M+S Hidravlik AD Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.36 2.43 2.47 2.51 2.53

Competitive Comparison of M+S Hidravlik AD's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, M+S Hidravlik 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.


M+S Hidravlik AD's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, M+S Hidravlik AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where M+S Hidravlik AD's Cyclically Adjusted PB Ratio falls into.


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M+S Hidravlik 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, M+S Hidravlik AD's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3.104/133.1571*133.1571
=3.104

Current CPI (Dec. 2024) = 133.1571.

M+S Hidravlik AD Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.721 99.621 2.300
201506 1.555 100.684 2.057
201509 1.610 100.392 2.135
201512 1.628 99.792 2.172
201603 1.721 100.470 2.281
201606 1.574 101.688 2.061
201609 1.651 101.861 2.158
201612 1.694 101.863 2.214
201703 1.792 102.862 2.320
201706 1.608 103.349 2.072
201709 1.709 104.136 2.185
201712 1.779 104.011 2.278
201803 1.915 105.290 2.422
201806 1.724 106.317 2.159
201809 0.000 106.507 0.000
201812 1.980 105.998 2.487
201903 2.093 107.251 2.599
201906 1.870 108.070 2.304
201909 1.956 108.329 2.404
201912 1.933 108.420 2.374
202003 2.034 108.902 2.487
202006 1.821 108.767 2.229
202009 1.911 109.815 2.317
202012 2.041 109.897 2.473
202103 2.164 111.754 2.578
202106 1.975 114.631 2.294
202109 0.000 115.734 0.000
202112 2.232 117.630 2.527
202203 2.436 121.301 2.674
202206 2.306 125.017 2.456
202209 2.602 125.227 2.767
202212 2.765 125.222 2.940
202303 3.097 127.348 3.238
202306 2.933 128.729 3.034
202309 3.203 129.860 3.284
202312 3.264 129.419 3.358
202403 3.395 131.776 3.431
202406 3.026 132.554 3.040
202409 3.088 133.029 3.091
202412 3.104 133.157 3.104

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


M+S Hidravlik AD  (XBUL:MSH) 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.

M+S Hidravlik AD's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.70/2.53
=3.83

* 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 M+S Hidravlik AD was 5.24. The lowest was 3.48. And the median was 4.21.


Be Aware

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


M+S Hidravlik AD Cyclically Adjusted Book per Share Related Terms

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


M+S Hidravlik AD Business Description

Industry
Traded in Other Exchanges
N/A
Address
68, Kozloduy Street, Kazanlak, BGR, 6100
M+S Hidravlik AD is a Bulgaria-based company that is principally engaged in the industrial equipment industry. It distributes and repairs hydraulic motors, steering units, valves, brakes, and accessories. The company's product range includes hydraulic motors, hydraulic disc brakes, crossover, switch and relief valves for hydraulic motors, as well as hydrostatic steering units and accessories for steering units.

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