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Bet Shemesh Engines Holdings (1997) (XTAE:BSEN) Cyclically Adjusted Book per Share : ₪55.46 (As of Mar. 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 Mar. 2024 was ₪67.499. 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 ₪55.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bet Shemesh Engines Holdings (1997)'s average Cyclically Adjusted Book Growth Rate was 10.20% 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 (2024-06-25), Bet Shemesh Engines Holdings (1997)'s current stock price is ₪193.20. Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪55.46. Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio of today is 3.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bet Shemesh Engines Holdings (1997) was 3.62. The lowest was 1.58. And the median was 1.93.


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 - - - 48.50 53.45

Bet Shemesh Engines Holdings (1997) 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 50.34 51.14 52.62 53.45 55.46

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 Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=67.499/131.7762*131.7762
=67.499

Current CPI (Mar. 2024) = 131.7762.

Bet Shemesh Engines Holdings (1997) Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 23.474 99.070 31.224
201503 0.000 99.621 0.000
201506 25.814 100.684 33.786
201509 26.196 100.392 34.385
201512 27.529 99.792 36.352
201603 29.143 100.470 38.224
201606 30.552 101.688 39.592
201609 31.776 101.861 41.108
201612 32.902 101.863 42.564
201703 33.953 102.862 43.497
201706 33.088 103.349 42.189
201709 34.249 104.136 43.340
201712 35.674 104.011 45.197
201803 45.360 105.290 56.771
201806 45.822 106.317 56.795
201809 46.801 106.507 57.905
201812 47.691 105.998 59.289
201903 49.268 107.251 60.534
201906 51.005 108.070 62.194
201909 52.131 108.329 63.414
201912 53.546 108.420 65.081
202003 55.602 108.902 67.281
202006 56.079 108.767 67.942
202009 55.632 109.815 66.758
202012 55.657 109.897 66.738
202103 55.158 111.754 65.040
202106 55.188 114.631 63.442
202109 55.109 115.734 62.748
202112 55.598 117.630 62.284
202203 56.176 121.301 61.027
202206 56.544 125.017 59.601
202209 57.177 125.227 60.168
202212 58.154 125.222 61.198
202303 58.806 127.348 60.851
202306 60.078 128.729 61.500
202309 62.784 129.860 63.711
202312 64.698 129.419 65.876
202403 67.499 131.776 67.499

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
=193.20/55.46
=3.48

* 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 3.62. The lowest was 1.58. And the median was 1.93.


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) (XTAE:BSEN) 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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