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Bet Shemesh Engines Holdings (1997) (XTAE:BSEN) Cyclically Adjusted Book per Share : ₪54.35 (As of Sep. 2024)


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What is Bet Shemesh Engines Holdings (1997) 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.

Bet Shemesh Engines Holdings (1997)'s adjusted book value per share for the three months ended in Sep. 2024 was ₪72.663. 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 ₪54.35 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Bet Shemesh Engines Holdings (1997)'s average Cyclically Adjusted Book Growth Rate was 8.10% 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 (2024-12-14), Bet Shemesh Engines Holdings (1997)'s current stock price is ₪287.90. Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₪54.35. Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio of today is 5.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bet Shemesh Engines Holdings (1997) was 6.59. The lowest was 1.65. And the median was 2.20.


Bet Shemesh Engines Holdings (1997) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bet Shemesh Engines Holdings (1997)'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.

Bet Shemesh Engines Holdings (1997) Cyclically Adjusted Book per Share Chart

Bet Shemesh Engines Holdings (1997) 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 - - - 46.33 51.06

Bet Shemesh Engines Holdings (1997) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 50.27 51.06 52.98 53.68 54.35

Competitive Comparison of Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Bet Shemesh Engines Holdings (1997)'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.


Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio falls into.



Bet Shemesh Engines Holdings (1997) 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, Bet Shemesh Engines Holdings (1997)'s adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=72.663/133.0289*133.0289
=72.663

Current CPI (Sep. 2024) = 133.0289.

Bet Shemesh Engines Holdings (1997) Quarterly Data

Book Value per Share CPI Adj_Book
201412 22.667 99.070 30.437
201503 0.000 99.621 0.000
201506 24.927 100.684 32.935
201509 25.295 100.392 33.518
201512 26.583 99.792 35.437
201603 28.141 100.470 37.260
201606 29.502 101.688 38.595
201609 30.685 101.861 40.074
201612 31.771 101.863 41.492
201703 32.786 102.862 42.401
201706 31.951 103.349 41.127
201709 33.072 104.136 42.248
201712 34.448 104.011 44.059
201803 43.802 105.290 55.342
201806 44.248 106.317 55.365
201809 45.193 106.507 56.447
201812 46.052 105.998 57.796
201903 47.575 107.251 59.010
201906 49.252 108.070 60.627
201909 50.340 108.329 61.818
201912 51.706 108.420 63.442
202003 53.691 108.902 65.586
202006 54.152 108.767 66.231
202009 53.720 109.815 65.076
202012 53.744 109.897 65.057
202103 53.263 111.754 63.403
202106 53.291 114.631 61.844
202109 53.215 115.734 61.167
202112 53.688 117.630 60.717
202203 54.246 121.301 59.491
202206 54.601 125.017 58.100
202209 55.212 125.227 58.652
202212 56.156 125.222 59.657
202303 56.786 127.348 59.319
202306 58.014 128.729 59.952
202309 60.627 129.860 62.107
202312 62.475 129.419 64.217
202403 65.179 131.776 65.799
202406 68.300 132.554 68.545
202409 72.663 133.029 72.663

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


Bet Shemesh Engines Holdings (1997)  (XTAE:BSEN) 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.

Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=287.90/54.35
=5.30

* 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 Bet Shemesh Engines Holdings (1997) was 6.59. The lowest was 1.65. And the median was 2.20.


Be Aware

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


Bet Shemesh Engines Holdings (1997) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bet Shemesh Engines Holdings (1997) Business Description

Traded in Other Exchanges
N/A
Address
D.N HaElah, Bet Shemesh, ISR, 99000
Bet Shemesh Engines Holdings (1997) Ltd manufactures and deals in jet engine parts, engines overhaul and customer support. The company's manufacturing division produces jet engine complex parts, Casting Division produces air foils and structural parts for the most advanced engines. The Maintenance, Repair & Overhaul (MRO) Division provides support services to well reputed civil and government aircraft operators. R&D and Engineering Division designs gas turbine engines, modules and other parts.

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