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EVRAZ (EVRZF) Cyclically Adjusted Book per Share : $1.48 (As of Jun. 2022)


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What is EVRAZ 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.

EVRAZ's adjusted book value per share data for the fiscal year that ended in Dec. 2021 was $1.408. 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 $1.48 for the trailing ten years ended in Dec. 2021.

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 (2024-04-29), EVRAZ's current stock price is $ 1.22. EVRAZ's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2021 was $1.48. EVRAZ's Cyclically Adjusted PB Ratio of today is 0.82.


EVRAZ Cyclically Adjusted Book per Share Historical Data

The historical data trend for EVRAZ'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.

EVRAZ Cyclically Adjusted Book per Share Chart

EVRAZ Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 5.45 1.98 1.59 1.48

EVRAZ Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 - 1.59 - 1.48 -

Competitive Comparison of EVRAZ's Cyclically Adjusted Book per Share

For the Steel subindustry, EVRAZ'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.


EVRAZ's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, EVRAZ's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



EVRAZ 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, EVRAZ's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2021 was:

Adj_Book=Book Value per Share /CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=1.408/114.7000*114.7000
=1.408

Current CPI (Dec. 2021) = 114.7000.

EVRAZ Annual Data

Book Value per Share CPI Adj_Book
201212 3.674 97.300 4.331
201312 3.418 99.200 3.952
201412 1.193 99.900 1.370
201512 0.097 100.400 0.111
201612 0.346 102.200 0.388
201712 1.246 105.000 1.361
201812 1.165 107.100 1.248
201912 1.154 108.500 1.220
202012 0.543 109.400 0.569
202112 1.408 114.700 1.408

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


EVRAZ  (OTCPK:EVRZF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.22/1.48
=0.82

* 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.


Be Aware

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


EVRAZ Cyclically Adjusted Book per Share Related Terms

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


EVRAZ (EVRZF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » EVRAZ PLC (OTCPK:EVRZF) » Definitions » Cyclically Adjusted Book per Share
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Address
2 Portman Street, London, GBR, W1H 6DU
EVRAZ PLC is a London-based, vertically integrated steel, mining, and vanadium business. Steel products represent the majority of the company's revenue. Its steel products include semi-finished products, construction products, railway products, flat-rolled products, and others. The company has operations in the Russian Federation, Ukraine, the United States, Canada, Czech Republic, Italy, Kazakhstan, and South Africa. Among these regions, Russia, Europe, and Asia are the three biggest markets for the company and jointly account for the majority of the company's revenue. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations.

EVRAZ (EVRZF) Headlines