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Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Cyclically Adjusted Book per Share : $0.17 (As of Mar. 2024)


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What is Bezeq The Israeli Telecommunication 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.

Bezeq The Israeli Telecommunication's adjusted book value per share for the three months ended in Mar. 2024 was $0.240. 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 $0.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bezeq The Israeli Telecommunication's average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.50% 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 Bezeq The Israeli Telecommunication was -7.50% per year. The lowest was -15.20% per year. And the median was -11.35% per year.

As of today (2024-06-09), Bezeq The Israeli Telecommunication's current stock price is $1.19. Bezeq The Israeli Telecommunication's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.17. Bezeq The Israeli Telecommunication's Cyclically Adjusted PB Ratio of today is 7.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bezeq The Israeli Telecommunication was 9.20. The lowest was 1.82. And the median was 7.18.


Bezeq The Israeli Telecommunication Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bezeq The Israeli Telecommunication'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.

Bezeq The Israeli Telecommunication Cyclically Adjusted Book per Share Chart

Bezeq The Israeli Telecommunication 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 0.31 0.25 0.19 0.17 0.16

Bezeq The Israeli Telecommunication Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.26 0.19 0.16 0.16 0.17

Competitive Comparison of Bezeq The Israeli Telecommunication's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Bezeq The Israeli Telecommunication'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.


Bezeq The Israeli Telecommunication's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



Bezeq The Israeli Telecommunication 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, Bezeq The Israeli Telecommunication's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.24/131.7762*131.7762
=0.240

Current CPI (Mar. 2024) = 131.7762.

Bezeq The Israeli Telecommunication Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.280 100.560 0.367
201409 0.196 100.428 0.257
201412 0.236 99.070 0.314
201503 0.283 99.621 0.374
201506 0.249 100.684 0.326
201509 0.196 100.392 0.257
201512 0.232 99.792 0.306
201603 0.259 100.470 0.340
201606 0.221 101.688 0.286
201609 0.195 101.861 0.252
201612 0.212 101.863 0.274
201703 0.246 102.862 0.315
201706 0.223 103.349 0.284
201709 0.185 104.136 0.234
201712 0.206 104.011 0.261
201803 0.233 105.290 0.292
201806 0.217 106.317 0.269
201809 0.209 106.507 0.259
201812 0.042 105.998 0.052
201903 0.072 107.251 0.088
201906 -0.080 108.070 -0.098
201909 -0.066 108.329 -0.080
201912 -0.090 108.420 -0.109
202003 -0.033 108.902 -0.040
202006 -0.008 108.767 -0.010
202009 -0.031 109.815 -0.037
202012 -0.014 109.897 -0.017
202103 0.028 111.754 0.033
202106 0.057 114.631 0.066
202109 0.086 115.734 0.098
202112 0.105 117.630 0.118
202203 0.136 121.301 0.148
202206 0.143 125.017 0.151
202209 0.145 125.227 0.153
202212 0.156 125.222 0.164
202303 0.186 127.348 0.192
202306 0.195 128.729 0.200
202309 0.186 129.860 0.189
202312 0.211 129.419 0.215
202403 0.240 131.776 0.240

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


Bezeq The Israeli Telecommunication  (OTCPK:BZQIF) 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.

Bezeq The Israeli Telecommunication's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.19/0.17
=7.00

* 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 Bezeq The Israeli Telecommunication was 9.20. The lowest was 1.82. And the median was 7.18.


Be Aware

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


Bezeq The Israeli Telecommunication Cyclically Adjusted Book per Share Related Terms

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


Bezeq The Israeli Telecommunication (Bezeq The Israeli Telecommunication) Business Description

Traded in Other Exchanges
Address
132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620
Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.