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Zvirfati & Sons Investmentsnstructions (XTAE:SRFT) Cyclically Adjusted Book per Share : ₪20.22 (As of Dec. 2024)


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What is Zvirfati & Sons Investmentsnstructions 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.

Zvirfati & Sons Investmentsnstructions's adjusted book value per share for the three months ended in Dec. 2024 was ₪30.155. 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 ₪20.22 for the trailing ten years ended in Dec. 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 (2025-05-17), Zvirfati & Sons Investmentsnstructions's current stock price is ₪43.79. Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₪20.22. Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio of today is 2.17.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Zvirfati & Sons Investmentsnstructions was 2.21. The lowest was 1.52. And the median was 1.86.


Zvirfati & Sons Investmentsnstructions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zvirfati & Sons Investmentsnstructions'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.

Zvirfati & Sons Investmentsnstructions Cyclically Adjusted Book per Share Chart

Zvirfati & Sons Investmentsnstructions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 20.22

Zvirfati & Sons Investmentsnstructions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 19.04 19.41 19.74 20.22

Competitive Comparison of Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, Zvirfati & Sons Investmentsnstructions'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.


Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio falls into.


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Zvirfati & Sons Investmentsnstructions 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, Zvirfati & Sons Investmentsnstructions's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=30.155/133.1571*133.1571
=30.155

Current CPI (Dec. 2024) = 133.1571.

Zvirfati & Sons Investmentsnstructions Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.621 0.000
201506 7.156 100.684 9.464
201509 10.495 100.392 13.920
201512 10.754 99.792 14.350
201603 10.821 100.470 14.341
201606 10.657 101.688 13.955
201609 10.445 101.861 13.654
201612 9.984 101.863 13.051
201703 9.962 102.862 12.896
201706 8.582 103.349 11.057
201709 10.573 104.136 13.520
201712 11.700 104.011 14.979
201803 13.062 105.290 16.519
201806 13.319 106.317 16.681
201809 14.950 106.507 18.691
201812 15.224 105.998 19.125
201903 15.577 107.251 19.340
201906 15.790 108.070 19.456
201909 15.724 108.329 19.328
201912 15.460 108.420 18.987
202003 15.285 108.902 18.689
202006 15.470 108.767 18.939
202009 14.784 109.815 17.926
202012 14.854 109.897 17.998
202103 14.918 111.754 17.775
202106 15.930 114.631 18.504
202109 16.550 115.734 19.041
202112 22.426 117.630 25.386
202203 23.536 121.301 25.836
202206 23.354 125.017 24.875
202209 23.958 125.227 25.475
202212 27.792 125.222 29.553
202303 27.590 127.348 28.849
202306 28.035 128.729 28.999
202309 28.476 129.860 29.199
202312 28.820 129.419 29.652
202403 29.227 131.776 29.533
202406 29.036 132.554 29.168
202409 29.672 133.029 29.701
202412 30.155 133.157 30.155

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


Zvirfati & Sons Investmentsnstructions  (XTAE:SRFT) 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.

Zvirfati & Sons Investmentsnstructions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.79/20.22
=2.17

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Zvirfati & Sons Investmentsnstructions was 2.21. The lowest was 1.52. And the median was 1.86.


Be Aware

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


Zvirfati & Sons Investmentsnstructions Cyclically Adjusted Book per Share Related Terms

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


Zvirfati & Sons Investmentsnstructions Business Description

Traded in Other Exchanges
N/A
Address
91 Herzl Street, French house, Rishon Le'zion, ISR, 7526201
Zvi Sarfati & Sons Investments & Constructions Ltd is an Israel based real estate company. It is engaged in construction of real estate properties such as office buildings, residential housing & store spaces. Its projects include Beer Yaakov, Pardes Hanna, Ness Ziona, Kiryat Ono.

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