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Issta (XTAE:ISTA) Cyclically Adjusted Book per Share : ₪53.01 (As of Mar. 2024)


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What is Issta 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.

Issta's adjusted book value per share for the three months ended in Mar. 2024 was ₪82.368. 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 ₪53.01 for the trailing ten years ended in Mar. 2024.

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 (2024-06-10), Issta's current stock price is ₪68.17. Issta's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₪53.01. Issta's Cyclically Adjusted PB Ratio of today is 1.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Issta was 1.62. The lowest was 1.28. And the median was 1.48.


Issta Cyclically Adjusted Book per Share Historical Data

The historical data trend for Issta'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.

Issta Cyclically Adjusted Book per Share Chart

Issta 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 - - - - 51.24

Issta 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 - - - 51.24 53.01

Competitive Comparison of Issta's Cyclically Adjusted Book per Share

For the Travel Services subindustry, Issta'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.


Issta's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Issta's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Issta 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, Issta'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)
=82.368/131.7762*131.7762
=82.368

Current CPI (Mar. 2024) = 131.7762.

Issta Quarterly Data

Book Value per Share CPI Adj_Book
200512 11.016 83.032 17.483
200612 15.972 85.142 24.720
200712 16.354 88.616 24.319
201212 0.000 96.871 0.000
201312 23.941 98.326 32.086
201412 23.504 99.070 31.264
201512 25.681 99.792 33.912
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 29.332 101.863 37.946
201703 29.283 102.862 37.514
201706 30.408 103.349 38.772
201709 33.528 104.136 42.427
201712 34.128 104.011 43.238
201803 37.031 105.290 46.347
201806 37.633 106.317 46.645
201809 40.821 106.507 50.506
201812 41.693 105.998 51.833
201903 40.727 107.251 50.040
201906 43.609 108.070 53.175
201909 45.303 108.329 55.108
201912 46.172 108.420 56.118
202003 46.428 108.902 56.180
202006 45.503 108.767 55.129
202009 47.240 109.815 56.687
202012 47.764 109.897 57.273
202103 48.884 111.754 57.642
202106 48.614 114.631 55.885
202109 48.892 115.734 55.669
202112 54.863 117.630 61.461
202203 59.329 121.301 64.452
202206 64.693 125.017 68.191
202209 70.273 125.227 73.948
202212 70.549 125.222 74.242
202303 73.562 127.348 76.120
202306 75.927 128.729 77.724
202309 78.266 129.860 79.421
202312 81.034 129.419 82.510
202403 82.368 131.776 82.368

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


Issta  (XTAE:ISTA) 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.

Issta's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=68.17/53.01
=1.29

* 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 Issta was 1.62. The lowest was 1.28. And the median was 1.48.


Be Aware

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


Issta Cyclically Adjusted Book per Share Related Terms

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


Issta (XTAE:ISTA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8 Menorat Hamaor Street, Tel Aviv, ISR, 67448
Issta Ltd operates as a retail travel agency. The company organizes charter flights and sells flight tickets and tour packages. It offers services for students, and young people, as well as for the general public. The company provides inbound and outbound tourism services including regular flights, charter flights, vacation packages, organized tours, ski vacations, sports, and music, as well as complementary services such as hotels, car rentals, visas, and student cards.

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