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Transilvania Investments Alliance (BSE:TRANSI) Cyclically Adjusted Book per Share : lei0.60 (As of Dec. 2023)


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What is Transilvania Investments Alliance 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.

Transilvania Investments Alliance's adjusted book value per share for the three months ended in Dec. 2023 was lei0.802. 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 lei0.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Transilvania Investments Alliance's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 Transilvania Investments Alliance was 10.10% per year. The lowest was 7.50% per year. And the median was 8.60% per year.

As of today (2024-05-26), Transilvania Investments Alliance's current stock price is lei0.34. Transilvania Investments Alliance's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was lei0.60. Transilvania Investments Alliance's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Transilvania Investments Alliance was 1.07. The lowest was 0.45. And the median was 0.64.


Transilvania Investments Alliance Cyclically Adjusted Book per Share Historical Data

The historical data trend for Transilvania Investments Alliance'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.

Transilvania Investments Alliance Cyclically Adjusted Book per Share Chart

Transilvania Investments Alliance 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 0.43 0.45 0.51 0.55 0.60

Transilvania Investments Alliance 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 0.55 0.57 0.58 0.59 0.60

Competitive Comparison of Transilvania Investments Alliance's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Transilvania Investments Alliance'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.


Transilvania Investments Alliance's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Transilvania Investments Alliance's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Transilvania Investments Alliance 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, Transilvania Investments Alliance'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)
=0.802/129.4194*129.4194
=0.802

Current CPI (Dec. 2023) = 129.4194.

Transilvania Investments Alliance Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.379 99.695 0.492
201406 0.383 100.560 0.493
201409 0.387 100.428 0.499
201412 0.461 99.070 0.602
201503 0.409 99.621 0.531
201506 0.409 100.684 0.526
201509 0.412 100.392 0.531
201512 0.417 99.792 0.541
201603 0.395 100.470 0.509
201606 0.370 101.688 0.471
201609 0.414 101.861 0.526
201612 0.418 101.863 0.531
201703 0.432 102.862 0.544
201706 0.436 103.349 0.546
201709 0.435 104.136 0.541
201712 0.443 104.011 0.551
201803 0.472 105.290 0.580
201806 0.462 106.317 0.562
201809 0.474 106.507 0.576
201812 0.448 105.998 0.547
201903 0.476 107.251 0.574
201906 0.505 108.070 0.605
201909 0.556 108.329 0.664
201912 0.581 108.420 0.694
202003 0.470 108.902 0.559
202006 0.474 108.767 0.564
202009 0.497 109.815 0.586
202012 0.541 109.897 0.637
202103 0.575 111.754 0.666
202106 0.610 114.631 0.689
202109 0.628 115.734 0.702
202112 0.641 117.630 0.705
202203 0.652 121.301 0.696
202206 0.627 125.017 0.649
202209 0.595 125.227 0.615
202212 0.631 125.222 0.652
202303 0.643 127.348 0.653
202306 0.658 128.729 0.662
202309 0.735 129.860 0.733
202312 0.802 129.419 0.802

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


Transilvania Investments Alliance  (BSE:TRANSI) 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.

Transilvania Investments Alliance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.34/0.6
=0.57

* 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 Transilvania Investments Alliance was 1.07. The lowest was 0.45. And the median was 0.64.


Be Aware

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


Transilvania Investments Alliance Cyclically Adjusted Book per Share Related Terms

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


Transilvania Investments Alliance (BSE:TRANSI) Business Description

Traded in Other Exchanges
N/A
Address
2 Nicolae Iorga Street, Brasov, ROU, 500057
Transilvania Investments Alliance SA is a closed-end financial investment company. The company's objective is the investment management of the portfolio and permanent identification of investment opportunities ensuring a reasonable level of investment risk dispersion. It holds and manages an investment portfolio consisting of stocks, bonds, and other investment instruments.

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