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Isras Investments Co (XTAE:ISRS) Cyclically Adjusted Book per Share : ₪646.68 (As of Mar. 2024)


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What is Isras Investments Co 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.

Isras Investments Co's adjusted book value per share for the three months ended in Mar. 2024 was ₪860.602. 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 ₪646.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Isras Investments Co's average Cyclically Adjusted Book Growth Rate was 16.60% 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 (2024-06-04), Isras Investments Co's current stock price is ₪710.00. Isras Investments Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪646.68. Isras Investments Co's Cyclically Adjusted PB Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Isras Investments Co was 1.33. The lowest was 1.02. And the median was 1.20.


Isras Investments Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Isras Investments Co'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.

Isras Investments Co Cyclically Adjusted Book per Share Chart

Isras Investments Co 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 - - - 538.38 618.26

Isras Investments Co 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 554.55 578.05 602.07 618.26 646.68

Competitive Comparison of Isras Investments Co's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Isras Investments Co'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.


Isras Investments Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Isras Investments Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Isras Investments Co's Cyclically Adjusted PB Ratio falls into.



Isras Investments Co 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, Isras Investments Co'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)
=860.602/131.7762*131.7762
=860.602

Current CPI (Mar. 2024) = 131.7762.

Isras Investments Co Quarterly Data

Book Value per Share CPI Adj_Book
201212 0.000 96.871 0.000
201312 277.443 98.326 371.829
201412 303.653 99.070 403.900
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 348.350 99.792 459.997
201603 363.665 100.470 476.980
201606 364.413 101.688 472.238
201609 369.176 101.861 477.598
201612 398.572 101.863 515.619
201703 400.540 102.862 513.130
201706 392.584 103.349 500.568
201709 398.520 104.136 504.299
201712 445.784 104.011 564.783
201803 450.800 105.290 564.204
201806 449.795 106.317 557.506
201809 473.710 106.507 586.101
201812 503.575 105.998 626.043
201903 504.406 107.251 619.752
201906 502.816 108.070 613.116
201909 512.197 108.329 623.057
201912 579.442 108.420 704.267
202003 581.682 108.902 703.864
202006 577.108 108.767 699.191
202009 592.593 109.815 711.103
202012 614.277 109.897 736.574
202103 613.499 111.754 723.413
202106 610.539 114.631 701.854
202109 632.858 115.734 720.578
202112 722.645 117.630 809.554
202203 715.100 121.301 776.854
202206 732.893 125.017 772.519
202209 750.050 125.227 789.280
202212 783.997 125.222 825.033
202303 800.596 127.348 828.436
202306 794.097 128.729 812.896
202309 806.673 129.860 818.579
202312 820.061 129.419 834.995
202403 860.602 131.776 860.602

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


Isras Investments Co  (XTAE:ISRS) 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.

Isras Investments Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=710.00/646.68
=1.10

* 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 Isras Investments Co was 1.33. The lowest was 1.02. And the median was 1.20.


Be Aware

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


Isras Investments Co Cyclically Adjusted Book per Share Related Terms

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


Isras Investments Co (XTAE:ISRS) Business Description

Industry
Traded in Other Exchanges
Address
Har Sinai 3, Tel-Aviv, ISR, 65816
Isras Investments Co Ltd develops, erects, and administers yielding assets. The company is also engaged in the construction of residential and industrial properties. Its projects include technology park and office buildings, among others.

Isras Investments Co (XTAE:ISRS) Headlines

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