GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Odessos Shiprepair Yard (XBUL:ODES) » Definitions » Cyclically Adjusted Book per Share

Odessos Shiprepair Yard (XBUL:ODES) Cyclically Adjusted Book per Share : лв139.23 (As of Sep. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Odessos Shiprepair Yard 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.

Odessos Shiprepair Yard's adjusted book value per share for the three months ended in Sep. 2023 was лв156.164. 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 лв139.23 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Odessos Shiprepair Yard's average Cyclically Adjusted Book Growth Rate was 4.90% 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.

As of today (2024-05-01), Odessos Shiprepair Yard's current stock price is лв330.00. Odessos Shiprepair Yard's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was лв139.23. Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio of today is 2.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Odessos Shiprepair Yard was 2.50. The lowest was 0.79. And the median was 1.71.


Odessos Shiprepair Yard Cyclically Adjusted Book per Share Historical Data

The historical data trend for Odessos Shiprepair Yard'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.

Odessos Shiprepair Yard Cyclically Adjusted Book per Share Chart

Odessos Shiprepair Yard 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 - - - - 132.93

Odessos Shiprepair Yard Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 132.71 132.93 135.80 137.58 139.23

Competitive Comparison of Odessos Shiprepair Yard's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Odessos Shiprepair Yard'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.


Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Odessos Shiprepair Yard 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, Odessos Shiprepair Yard's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=156.164/129.8595*129.8595
=156.164

Current CPI (Sep. 2023) = 129.8595.

Odessos Shiprepair Yard Quarterly Data

Book Value per Share CPI Adj_Book
201312 99.601 98.326 131.544
201403 0.000 99.695 0.000
201406 99.729 100.560 128.787
201409 103.179 100.428 133.417
201412 102.536 99.070 134.403
201503 109.945 99.621 143.317
201506 108.061 100.684 139.374
201509 109.065 100.392 141.079
201512 107.880 99.792 140.384
201603 111.563 100.470 144.197
201606 110.979 101.688 141.724
201609 111.695 101.861 142.397
201612 110.368 101.863 140.702
201703 110.335 102.862 139.294
201706 110.115 103.349 138.361
201709 114.060 104.136 142.235
201712 111.378 104.011 139.057
201803 111.083 105.290 137.005
201806 108.994 106.317 133.130
201809 109.181 106.507 133.120
201812 108.336 105.998 132.724
201903 108.586 107.251 131.477
201906 106.479 108.070 127.948
201909 111.958 108.329 134.209
201912 110.042 108.420 131.802
202003 116.554 108.902 138.985
202006 115.088 108.767 137.406
202009 122.228 109.815 144.538
202012 121.384 109.897 143.433
202103 125.624 111.754 145.976
202106 119.678 114.631 135.577
202109 123.084 115.734 138.106
202112 122.504 117.630 135.241
202203 125.898 121.301 134.781
202206 129.408 125.017 134.421
202209 139.275 125.227 144.428
202212 144.682 125.222 150.040
202303 155.988 127.348 159.065
202306 148.785 128.729 150.092
202309 156.164 129.860 156.164

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


Odessos Shiprepair Yard  (XBUL:ODES) 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.

Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=330.00/139.23
=2.37

* 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 Odessos Shiprepair Yard was 2.50. The lowest was 0.79. And the median was 1.71.


Be Aware

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


Odessos Shiprepair Yard Cyclically Adjusted Book per Share Related Terms

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


Odessos Shiprepair Yard (XBUL:ODES) Business Description

Traded in Other Exchanges
N/A
Address
Island zone, Varna, BGR, 9000
Odessos Shiprepair Yard is engaged in repair and docking of vessels. The company offers various services such as mechanical, piping, electrical, blasting and painting, carpentry, docking, storage and fire safety.

Odessos Shiprepair Yard (XBUL:ODES) Headlines

No Headlines