C Mer Industries (XTAE:CMER) Cyclically Adjusted Book per Share: ₪11.04 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:CMER C Mer Industries Ltd XTAE:CMER
53 GF Score
Price ₪52.80
GF Value ₪21.83
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is C Mer Industries Cyclically Adjusted Book per Share?

C Mer Industries XTAE:CMER +1.19% 53 Cyclically Adjusted Book per Share is ₪11.04 as of Mar. 2026. GuruFocus rates XTAE:CMER with a GF Score™ of 53/100 and a GF Value™ of ₪21.83 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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.

C Mer Industries's adjusted book value per share for the three months ended in Mar. 2026 was ₪12.767. 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 ₪11.04 for the trailing ten years ended in Mar. 2026.

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 (2026-08-03), C Mer Industries's current stock price is ₪52.80. C Mer Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪11.04. C Mer Industries's Cyclically Adjusted PB Ratio of today is 4.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of C Mer Industries was 5.17. The lowest was 2.46. And the median was 3.75.


C Mer Industries  (XTAE:CMER) 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.

C Mer Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.80/11.04
=4.78

* 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 C Mer Industries was 5.17. The lowest was 2.46. And the median was 3.75.


Be Aware

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


C Mer Industries Cyclically Adjusted Book per Share Related Terms


C Mer Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for C Mer Industries'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.

C Mer Industries Cyclically Adjusted Book per Share Chart

C Mer Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 10.79

C Mer Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 11.57 11.16 10.79 11.04

XTAE:CMER vs CSCO, MSI, HPE: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, C Mer Industries'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.


C Mer Industries Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, C Mer Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XTAE:CMER
53GF Score
C Mer Industries Ltd XTAE:CMER
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C Mer Industries 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, C Mer Industries's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.767/330.2130*330.2130
=12.767

Current CPI (Mar. 2026) = 330.2130.

C Mer Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 14.439 241.432 19.749
201703 13.766 243.801 18.645
201706 14.941 244.955 20.141
201709 15.423 246.819 20.634
201712 14.454 246.524 19.361
201803 14.506 249.554 19.195
201806 14.163 251.989 18.560
201809 13.565 252.439 17.744
201812 11.746 251.233 15.439
201903 10.484 254.202 13.619
201906 10.163 256.143 13.102
201909 7.294 256.759 9.381
201912 8.188 256.974 10.522
202003 7.270 258.115 9.301
202006 6.934 257.797 8.882
202009 6.432 260.280 8.160
202012 6.023 260.474 7.636
202103 5.673 264.877 7.072
202106 5.740 271.696 6.976
202109 5.555 274.310 6.687
202112 5.854 278.802 6.933
202203 6.152 287.504 7.066
202206 5.236 296.311 5.835
202209 5.505 296.808 6.125
202212 5.559 296.797 6.185
202303 5.853 301.836 6.403
202306 6.171 305.109 6.679
202309 6.465 307.789 6.936
202312 6.836 306.746 7.359
202403 7.074 312.332 7.479
202406 7.548 314.175 7.933
202409 8.079 315.301 8.461
202412 8.710 315.605 9.113
202503 9.269 319.799 9.571
202506 10.364 322.561 10.610
202509 11.205 324.800 11.392
202512 11.788 324.054 12.012
202603 12.767 330.213 12.767

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

What does a Cyclically Adjusted Book per Share of ₪11.04 mean?
C Mer Industries (XTAE:CMER) has a Cyclically Adjusted Book per Share of ₪11.04 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on C Mer Industries and its competitors.
Is C Mer Industries' Cyclically Adjusted Book per Share too high?
C Mer Industries' current Cyclically Adjusted Book per Share is ₪11.04. Overall, C Mer Industries has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does C Mer Industries' Cyclically Adjusted Book per Share compare to CSCO and MSI?
C Mer Industries' Cyclically Adjusted Book per Share of ₪11.04 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on C Mer Industries and its competitors. C Mer Industries's current Cyclically Adjusted Book per Share is ₪11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C Mer Industries stock overvalued right now?
Based on GuruFocus' analysis, C Mer Industries (XTAE:CMER) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪21.83, compared to a current price of ₪52.80 — trading 141.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₪11.04. C Mer Industries' overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For C Mer Industries (XTAE:CMER), the current Cyclically Adjusted Book per Share is ₪11.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is C Mer Industries (XTAE:CMER) Overvalued in 2026?

Based on GuruFocus' analysis, C Mer Industries stock appears to be overvalued. The current stock price of ₪52.80 is trading 141.9% above its estimated GF Value™ of ₪21.83. GuruFocus considers C Mer Industries to be Significantly Overvalued.

Key valuation signals for XTAE:CMER:

  • Cyclically Adjusted Book per Share: ₪11.04
  • GF Value™: ₪21.83 vs. price of ₪52.80 (141.9% above fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the XTAE:CMER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C Mer Industries Business Description

Address 5 Hatzoref Street, Holon, ISR, 5885633
C Mer Industries Ltd offers a diverse portfolio of technology-based solutions and end-to-end services that include consultancy, development, engineering, and manufacturing, as well as integration and implementation. Its solutions and products include Communications Infrastructure, Safe and Smart City, Homeland Security, Emergency Response Management and Mobile Platforms among others.
53GF Score

Get the complete analysis for XTAE:CMER

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪52.80
Price
₪21.83
GF Value