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Kerur Holdings (XTAE:KRUR) Cyclically Adjusted Book per Share : ₪51.34 (As of Dec. 2023)


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What is Kerur Holdings 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.

Kerur Holdings's adjusted book value per share for the three months ended in Dec. 2023 was ₪55.485. 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 ₪51.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kerur Holdings's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kerur Holdings was 11.60% per year. The lowest was 11.60% per year. And the median was 11.60% per year.

As of today (2024-05-14), Kerur Holdings's current stock price is ₪63.97. Kerur Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₪51.34. Kerur Holdings's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kerur Holdings was 2.70. The lowest was 1.24. And the median was 1.76.


Kerur Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kerur Holdings'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.

Kerur Holdings Cyclically Adjusted Book per Share Chart

Kerur Holdings 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 - 36.93 43.32 48.84 51.34

Kerur Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 48.84 49.78 50.44 51.05 51.34

Competitive Comparison of Kerur Holdings's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Kerur Holdings'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.


Kerur Holdings's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kerur Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kerur Holdings 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, Kerur Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=55.485/129.4194*129.4194
=55.485

Current CPI (Dec. 2023) = 129.4194.

Kerur Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 28.709 99.695 37.269
201406 30.086 100.560 38.720
201409 31.841 100.428 41.033
201412 32.742 99.070 42.772
201503 30.578 99.621 39.724
201506 32.004 100.684 41.138
201509 34.125 100.392 43.992
201512 35.090 99.792 45.508
201603 36.312 100.470 46.775
201606 38.248 101.688 48.679
201609 37.917 101.861 48.175
201612 39.230 101.863 49.843
201703 36.130 102.862 45.458
201706 38.261 103.349 47.913
201709 39.001 104.136 48.470
201712 40.394 104.011 50.262
201803 41.676 105.290 51.227
201806 43.012 106.317 52.358
201809 45.267 106.507 55.005
201812 46.205 105.998 56.415
201903 43.712 107.251 52.747
201906 46.145 108.070 55.261
201909 48.404 108.329 57.827
201912 50.094 108.420 59.796
202003 47.661 108.902 56.641
202006 48.979 108.767 58.279
202009 51.744 109.815 60.982
202012 45.301 109.897 53.348
202103 46.538 111.754 53.894
202106 48.460 114.631 54.712
202109 51.116 115.734 57.160
202112 52.552 117.630 57.819
202203 51.067 121.301 54.485
202206 52.378 125.017 54.223
202209 54.685 125.227 56.516
202212 54.771 125.222 56.607
202303 53.734 127.348 54.608
202306 55.079 128.729 55.375
202309 57.377 129.860 57.183
202312 55.485 129.419 55.485

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


Kerur Holdings  (XTAE:KRUR) 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.

Kerur Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.97/51.34
=1.25

* 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 Kerur Holdings was 2.70. The lowest was 1.24. And the median was 1.76.


Be Aware

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


Kerur Holdings Cyclically Adjusted Book per Share Related Terms

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


Kerur Holdings (XTAE:KRUR) Business Description

Traded in Other Exchanges
N/A
Address
20 Lincoln Street, Tel Aviv, ISR, 67134
Kerur Holdings Ltd is involved in warehousing and storage of chilled and frozen food, investment in hi-tech companies. The Company produces, markets and distributes non-alcoholic beverages, soft drinks, snacks and frozen foods.

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