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Iberpapel Gestion (XMAD:IBG) Cyclically Adjusted Book per Share : €26.38 (As of Mar. 2024)


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What is Iberpapel Gestion 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.

Iberpapel Gestion's adjusted book value per share for the three months ended in Mar. 2024 was €30.292. 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 €26.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Iberpapel Gestion's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Iberpapel Gestion was 6.30% per year. The lowest was 5.40% per year. And the median was 5.85% per year.

As of today (2024-05-24), Iberpapel Gestion's current stock price is €19.30. Iberpapel Gestion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.38. Iberpapel Gestion's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Iberpapel Gestion was 1.85. The lowest was 0.49. And the median was 0.84.


Iberpapel Gestion Cyclically Adjusted Book per Share Historical Data

The historical data trend for Iberpapel Gestion'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.

Iberpapel Gestion Cyclically Adjusted Book per Share Chart

Iberpapel Gestion 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 19.68 20.58 21.12 23.02 24.73

Iberpapel Gestion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 24.73 - 25.47 25.88 26.38

Competitive Comparison of Iberpapel Gestion's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Iberpapel Gestion'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.


Iberpapel Gestion's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Iberpapel Gestion's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Iberpapel Gestion 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, Iberpapel Gestion'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)
=30.292/122.7621*122.7621
=30.292

Current CPI (Mar. 2024) = 122.7621.

Iberpapel Gestion Quarterly Data

Book Value per Share CPI Adj_Book
201403 18.119 100.139 22.212
201406 18.151 101.081 22.044
201409 19.429 100.441 23.747
201412 19.323 100.251 23.662
201503 19.445 99.474 23.997
201506 19.510 101.138 23.681
201509 19.468 99.559 24.005
201512 19.856 100.268 24.310
201603 19.518 98.638 24.292
201606 19.874 100.333 24.317
201609 20.003 99.737 24.621
201612 20.745 101.842 25.006
201703 20.820 100.896 25.332
201706 20.714 101.848 24.967
201709 20.943 101.524 25.324
201712 21.685 102.975 25.852
201803 21.597 102.122 25.962
201806 21.827 104.165 25.724
201809 21.899 103.818 25.895
201812 23.407 104.193 27.578
201903 23.753 103.488 28.177
201906 23.906 104.612 28.054
201909 24.116 103.905 28.493
201912 24.432 105.015 28.561
202003 24.445 103.469 29.003
202006 24.431 104.254 28.768
202009 23.615 103.521 28.004
202012 23.908 104.456 28.098
202103 23.792 104.857 27.855
202106 24.575 107.102 28.168
202109 25.003 107.669 28.508
202112 24.774 111.298 27.326
202203 25.262 115.153 26.931
202206 25.909 118.044 26.944
202209 25.618 117.221 26.829
202212 26.797 117.650 27.961
202303 0.000 118.948 0.000
202306 27.611 120.278 28.181
202309 29.901 121.343 30.251
202403 30.292 122.762 30.292

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


Iberpapel Gestion  (XMAD:IBG) 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.

Iberpapel Gestion's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.30/26.38
=0.73

* 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 Iberpapel Gestion was 1.85. The lowest was 0.49. And the median was 0.84.


Be Aware

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


Iberpapel Gestion Cyclically Adjusted Book per Share Related Terms

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


Iberpapel Gestion (XMAD:IBG) Business Description

Traded in Other Exchanges
Address
Avda. Sancho El Sabio, 2 - 1, San Sebastian, ESP, 20010
Iberpapel Gestion SA manufactures printing and writing a paper in Spain. The company operates in Forestry Division, Industrial Division, and Commercial Division. The Forestry Division produces cellulose pulp from Eucalyptus trees. The Industrial Division processes the raw materials into finished goods at its Papelera Guipuzcoana de Zicunaga plant which consists of a cellulose plant and a paper mill, and energy section. The Commercial Division markets the products produced at its manufacturing plant. It earns revenue from the sale of printing and writing paper.

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