GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » B Communications Ltd (OTCPK:BCOMF) » Definitions » Cyclically Adjusted Book per Share

B Communications (B Communications) Cyclically Adjusted Book per Share : $6.00 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is B Communications 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.

B Communications's adjusted book value per share for the three months ended in Dec. 2023 was $0.480. 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 $6.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, B Communications's average Cyclically Adjusted Book Growth Rate was -21.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.10% 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 B Communications was 4.80% per year. The lowest was -14.50% per year. And the median was -6.90% per year.

As of today (2024-05-12), B Communications's current stock price is $3.21. B Communications's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.00. B Communications's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of B Communications was 3.07. The lowest was 0.08. And the median was 0.63.


B Communications Cyclically Adjusted Book per Share Historical Data

The historical data trend for B Communications'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.

B Communications Cyclically Adjusted Book per Share Chart

B Communications 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 11.06 10.59 7.89 7.88 6.00

B Communications 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 7.88 6.59 6.88 5.31 6.00

Competitive Comparison of B Communications's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, B Communications'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.


B Communications's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, B Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



B Communications 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, B Communications'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)
=0.48/129.4194*129.4194
=0.480

Current CPI (Dec. 2023) = 129.4194.

B Communications Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 8.021 100.560 10.323
201409 7.941 100.428 10.233
201412 8.622 99.070 11.263
201503 9.098 99.621 11.819
201506 8.721 100.684 11.210
201509 8.763 100.392 11.297
201512 9.376 99.792 12.160
201603 15.612 100.470 20.110
201606 12.795 101.688 16.284
201609 10.489 101.861 13.327
201612 10.498 101.863 13.338
201703 10.866 102.862 13.671
201706 11.233 103.349 14.067
201709 11.552 104.136 14.357
201712 11.180 104.011 13.911
201803 5.249 105.290 6.452
201806 8.667 106.317 10.550
201809 8.936 106.507 10.858
201812 2.046 105.998 2.498
201903 2.820 107.251 3.403
201906 -4.540 108.070 -5.437
201909 -1.464 108.329 -1.749
201912 -0.556 108.420 -0.664
202003 -0.288 108.902 -0.342
202006 -0.203 108.767 -0.242
202009 -0.337 109.815 -0.397
202012 -0.247 109.897 -0.291
202103 -0.039 111.754 -0.045
202106 0.081 114.631 0.091
202109 0.154 115.734 0.172
202112 0.037 117.630 0.041
202203 0.149 121.301 0.159
202206 0.137 125.017 0.142
202209 0.222 125.227 0.229
202212 0.135 125.222 0.140
202303 0.283 127.348 0.288
202306 0.290 128.729 0.292
202309 0.382 129.860 0.381
202312 0.480 129.419 0.480

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


B Communications  (OTCPK:BCOMF) 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.

B Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.21/6
=0.54

* 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 B Communications was 3.07. The lowest was 0.08. And the median was 0.63.


Be Aware

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


B Communications Cyclically Adjusted Book per Share Related Terms

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


B Communications (B Communications) Business Description

Traded in Other Exchanges
Address
144 Menachem Begin Road, Tel Aviv, ISR, 6492102
B Communications Ltd is a holding company with a single asset, a controlling interest in Bezeq, an Israeli triple play telecommunications company. Bezeq generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone Communications Ltd, Bezeq International Ltd, and DBS Satellite Services. The Bezeq segment generates revenue from fixed line communications. Bezeq's other division, Pelephone, derives revenue from the provision of mobile services. The last two segments, Bezeq International and DBS Satellite Services, produce revenue from the provision of Internet services and satellite TV services, respectively. Bezeq is an owner of telecommunications infrastructure, such as fibre networks.