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Verbicom (WAR:VRB) Cyclically Adjusted Book per Share : zł1.96 (As of Sep. 2023)


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What is Verbicom 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.

Verbicom's adjusted book value per share for the three months ended in Sep. 2023 was zł2.112. 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 zł1.96 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Verbicom's average Cyclically Adjusted Book Growth Rate was 12.60% 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.

As of today (2024-05-15), Verbicom's current stock price is zł1.41. Verbicom's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł1.96. Verbicom's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Verbicom was 1.95. The lowest was 0.61. And the median was 0.93.


Verbicom Cyclically Adjusted Book per Share Historical Data

The historical data trend for Verbicom'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.

Verbicom Cyclically Adjusted Book per Share Chart

Verbicom Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.27 1.45 1.81

Verbicom Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.74 1.81 1.89 1.94 1.96

Competitive Comparison of Verbicom's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Verbicom'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.


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

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

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



Verbicom 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, Verbicom's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2.112/146.1131*146.1131
=2.112

Current CPI (Sep. 2023) = 146.1131.

Verbicom Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.796 101.018 1.151
201403 0.868 101.262 1.252
201406 0.893 101.180 1.290
201409 0.924 100.611 1.342
201412 0.998 100.122 1.456
201503 1.023 100.041 1.494
201506 1.102 100.448 1.603
201509 1.139 99.634 1.670
201512 1.330 99.471 1.954
201603 1.348 98.983 1.990
201606 1.306 99.552 1.917
201609 1.187 99.064 1.751
201612 1.467 100.366 2.136
201703 1.416 101.018 2.048
201706 1.301 101.180 1.879
201709 1.318 101.343 1.900
201712 1.153 102.564 1.643
201803 1.191 102.564 1.697
201806 1.153 103.378 1.630
201809 1.043 103.378 1.474
201812 1.026 103.785 1.444
201903 1.760 104.274 2.466
201906 2.014 105.983 2.777
201909 2.061 105.983 2.841
201912 1.857 107.123 2.533
202003 1.677 109.076 2.246
202006 1.740 109.402 2.324
202009 1.558 109.320 2.082
202012 1.597 109.565 2.130
202103 1.691 112.658 2.193
202106 1.776 113.960 2.277
202109 1.901 115.588 2.403
202112 1.936 119.088 2.375
202203 2.067 125.031 2.416
202206 2.023 131.705 2.244
202209 2.098 135.531 2.262
202212 2.106 139.113 2.212
202303 1.583 145.950 1.585
202306 2.119 147.009 2.106
202309 2.112 146.113 2.112

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


Verbicom  (WAR:VRB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.41/1.96
=0.72

* 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 Verbicom was 1.95. The lowest was 0.61. And the median was 0.93.


Be Aware

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


Verbicom Cyclically Adjusted Book per Share Related Terms

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


Verbicom (WAR:VRB) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Skarbka 36, Poznan, POL, 60-348
Verbicom SA provides Internet Protocol telecommunication systems, network devices, computer equipment, and application software. It is engaged in the development and implementation of comprehensive computerization plans in companies and institutions. It also provides telephony support solutions, such as Call Center and Unified Communication. Its solution includes borderline of automation and ICT such as intelligent monitoring devices, detection and extinguishing systems, access control systems and BMS building management systems.

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