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Avgol Industries 1953 (XTAE:AVGL) Cyclically Adjusted Book per Share : ₪2.24 (As of Mar. 2024)


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What is Avgol Industries 1953 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.

Avgol Industries 1953's adjusted book value per share for the three months ended in Mar. 2024 was ₪2.413. 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 ₪2.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Avgol Industries 1953's average Cyclically Adjusted Book Growth Rate was 5.20% 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 (2024-06-03), Avgol Industries 1953's current stock price is ₪1.288. Avgol Industries 1953's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪2.24. Avgol Industries 1953's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Avgol Industries 1953 was 1.50. The lowest was 0.56. And the median was 0.84.


Avgol Industries 1953 Cyclically Adjusted Book per Share Historical Data

The historical data trend for Avgol Industries 1953'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.

Avgol Industries 1953 Cyclically Adjusted Book per Share Chart

Avgol Industries 1953 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 - - 1.87 2.08 2.18

Avgol Industries 1953 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 2.13 2.16 2.18 2.18 2.24

Competitive Comparison of Avgol Industries 1953's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Avgol Industries 1953'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.


Avgol Industries 1953's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Avgol Industries 1953's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Avgol Industries 1953's Cyclically Adjusted PB Ratio falls into.



Avgol Industries 1953 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, Avgol Industries 1953'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)
=2.413/131.7762*131.7762
=2.413

Current CPI (Mar. 2024) = 131.7762.

Avgol Industries 1953 Quarterly Data

Book Value per Share CPI Adj_Book
201306 1.518 98.518 2.030
201309 1.558 98.790 2.078
201312 1.641 98.326 2.199
201403 1.503 99.695 1.987
201412 1.388 99.070 1.846
201503 0.000 99.621 0.000
201512 1.352 99.792 1.785
201603 1.292 100.470 1.695
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 1.585 101.863 2.050
201703 1.484 102.862 1.901
201706 1.457 103.349 1.858
201709 1.599 104.136 2.023
201712 1.784 104.011 2.260
201803 1.704 105.290 2.133
201806 1.628 106.317 2.018
201809 1.558 106.507 1.928
201812 1.556 105.998 1.934
201903 1.684 107.251 2.069
201906 1.707 108.070 2.081
201909 1.701 108.329 2.069
201912 1.750 108.420 2.127
202003 1.668 108.902 2.018
202006 1.958 108.767 2.372
202009 2.015 109.815 2.418
202012 2.132 109.897 2.556
202103 2.109 111.754 2.487
202106 2.160 114.631 2.483
202109 2.163 115.734 2.463
202112 2.245 117.630 2.515
202203 2.294 121.301 2.492
202206 2.833 125.017 2.986
202209 2.701 125.227 2.842
202212 2.561 125.222 2.695
202303 2.513 127.348 2.600
202306 2.409 128.729 2.466
202309 2.389 129.860 2.424
202312 2.429 129.419 2.473
202403 2.413 131.776 2.413

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


Avgol Industries 1953  (XTAE:AVGL) 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.

Avgol Industries 1953's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.288/2.24
=0.58

* 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 Avgol Industries 1953 was 1.50. The lowest was 0.56. 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.


Avgol Industries 1953 Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Avgol Industries 1953's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Avgol Industries 1953 (XTAE:AVGL) Business Description

Traded in Other Exchanges
N/A
Address
20 Lincoln Street, 29th floor, Rubinstein House, Tel Aviv, ISR, 67134
Avgol Industries 1953 Ltd manufactures non-woven fabric solutions. The company focuses on the hygiene market delivering non-woven fabric innovation to the baby diaper, adult incontinence and feminine hygiene product manufacturers and brands, as well as number of medical and industrial applications. It serves in approximately 30 countries worldwide, with manufacturing sites in Israel, United States, China and Russia.

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