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PIK-specialized Homebuilder PJSC (MIC:PIKK) Cyclically Adjusted Book per Share : ₽141.34 (As of Jun. 2023)


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What is PIK-specialized Homebuilder PJSC 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.

PIK-specialized Homebuilder PJSC's adjusted book value per share data for the fiscal year that ended in Dec. 2021 was ₽388.541. 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 ₽141.34 for the trailing ten years ended in Dec. 2021.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 46.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 27.70% 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 PIK-specialized Homebuilder PJSC was 46.60% per year. The lowest was 2.40% per year. And the median was 14.65% per year.

As of today (2024-04-27), PIK-specialized Homebuilder PJSC's current stock price is ₽ 858.20. PIK-specialized Homebuilder PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2021 was ₽141.34. PIK-specialized Homebuilder PJSC's Cyclically Adjusted PB Ratio of today is 6.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PIK-specialized Homebuilder PJSC was 15.70. The lowest was 2.43. And the median was 6.26.


PIK-specialized Homebuilder PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for PIK-specialized Homebuilder PJSC'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.

PIK-specialized Homebuilder PJSC Cyclically Adjusted Book per Share Chart

PIK-specialized Homebuilder PJSC 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 37.32 44.86 62.26 94.42 141.34

PIK-specialized Homebuilder PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun23
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 - 94.42 - 141.34 -

Competitive Comparison of PIK-specialized Homebuilder PJSC's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, PIK-specialized Homebuilder PJSC'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.


PIK-specialized Homebuilder PJSC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PIK-specialized Homebuilder PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PIK-specialized Homebuilder PJSC's Cyclically Adjusted PB Ratio falls into.



PIK-specialized Homebuilder PJSC 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, PIK-specialized Homebuilder PJSC'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)
=388.541/207.2000*207.2000
=388.541

Current CPI (Dec. 2021) = 207.2000.

PIK-specialized Homebuilder PJSC Annual Data

Book Value per Share CPI Adj_Book
201212 5.829 117.300 10.296
201312 30.394 124.900 50.421
201412 31.441 139.000 46.867
201512 48.356 157.000 63.818
201612 81.483 165.400 102.075
201712 103.666 169.600 126.649
201812 120.844 176.800 141.623
201912 164.705 182.200 187.304
202012 272.776 191.100 295.757
202112 388.541 207.200 388.541

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


PIK-specialized Homebuilder PJSC  (MIC:PIKK) 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.

PIK-specialized Homebuilder PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=858.20/141.34
=6.07

* 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 PIK-specialized Homebuilder PJSC was 15.70. The lowest was 2.43. And the median was 6.26.


Be Aware

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


PIK-specialized Homebuilder PJSC Cyclically Adjusted Book per Share Related Terms

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


PIK-specialized Homebuilder PJSC (MIC:PIKK) Business Description

Traded in Other Exchanges
N/A
Address
19 Barrikadnaya Street, Moscow, RUS, 123242
PIK-specialized Homebuilder PJSC develops, constructs, invests and sells real estate properties in Russia. It operates through six segments that include Development, Commercial construction, Maintenance, Industrial, Proptech, and Others segment. The majority of the revenue is generated from the Development segment which implements development plans, identifies investment opportunities, manages projects, and markets real estate projects. The company operates primarily in the Moscow area.

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