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Amadeus IT Group (LTS:0P2W) Cyclically Adjusted Book per Share : €8.55 (As of Dec. 2023)


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What is Amadeus IT Group 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.

Amadeus IT Group's adjusted book value per share for the three months ended in Dec. 2023 was €10.176. 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 €8.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Amadeus IT Group's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.20% 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 Amadeus IT Group was 15.20% per year. The lowest was 13.60% per year. And the median was 14.70% per year.

As of today (2024-04-27), Amadeus IT Group's current stock price is €59.53. Amadeus IT Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €8.55. Amadeus IT Group's Cyclically Adjusted PB Ratio of today is 6.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Amadeus IT Group was 20.10. The lowest was 6.26. And the median was 9.05.


Amadeus IT Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Amadeus IT Group'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.

Amadeus IT Group Cyclically Adjusted Book per Share Chart

Amadeus IT Group 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 5.02 5.85 6.74 7.71 8.55

Amadeus IT Group 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 7.71 7.86 8.14 8.48 8.55

Competitive Comparison of Amadeus IT Group's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Amadeus IT Group'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.


Amadeus IT Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Amadeus IT Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Amadeus IT Group 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, Amadeus IT Group'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)
=10.176/121.2698*121.2698
=10.176

Current CPI (Dec. 2023) = 121.2698.

Amadeus IT Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.534 100.139 5.491
201406 4.598 101.081 5.516
201409 4.938 100.441 5.962
201412 4.149 100.251 5.019
201503 4.769 99.474 5.814
201506 4.822 101.138 5.782
201509 5.159 99.559 6.284
201512 5.201 100.268 6.290
201603 5.583 98.638 6.864
201606 5.678 100.333 6.863
201609 6.152 99.737 7.480
201612 6.256 101.842 7.449
201703 6.803 100.896 8.177
201706 6.705 101.848 7.984
201709 7.185 101.524 8.582
201712 6.004 102.975 7.071
201803 6.617 102.122 7.858
201806 6.747 104.165 7.855
201809 7.363 103.818 8.601
201812 7.375 104.193 8.584
201903 8.154 103.488 9.555
201906 8.127 104.612 9.421
201909 8.943 103.905 10.438
201912 8.776 105.015 10.134
202003 9.038 103.469 10.593
202006 9.624 104.254 11.195
202009 8.959 103.521 10.495
202012 8.317 104.456 9.656
202103 8.301 104.857 9.600
202106 8.101 107.102 9.173
202109 8.173 107.669 9.205
202112 8.325 111.298 9.071
202203 8.618 115.153 9.076
202206 9.439 118.044 9.697
202209 10.247 117.221 10.601
202212 10.191 117.650 10.505
202303 10.677 118.948 10.885
202306 10.538 120.278 10.625
202309 10.687 121.343 10.681
202312 10.176 121.270 10.176

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


Amadeus IT Group  (LTS:0P2W) 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.

Amadeus IT Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=59.53/8.55
=6.96

* 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 Amadeus IT Group was 20.10. The lowest was 6.26. And the median was 9.05.


Be Aware

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


Amadeus IT Group Cyclically Adjusted Book per Share Related Terms

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


Amadeus IT Group (LTS:0P2W) Business Description

Industry
Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.

Amadeus IT Group (LTS:0P2W) Headlines

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