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Ellomay Capital (Ellomay Capital) Cyclically Adjusted Book per Share : $10.91 (As of Dec. 2023)


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What is Ellomay Capital 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.

Ellomay Capital's adjusted book value per share for the three months ended in Dec. 2023 was $9.757. 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 $10.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ellomay Capital's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.80% 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 Ellomay Capital was 21.20% per year. The lowest was -25.70% per year. And the median was 1.90% per year.

As of today (2024-05-24), Ellomay Capital's current stock price is $15.00. Ellomay Capital's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.91. Ellomay Capital's Cyclically Adjusted PB Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ellomay Capital was 3.88. The lowest was 0.68. And the median was 1.45.


Ellomay Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ellomay Capital'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.

Ellomay Capital Cyclically Adjusted Book per Share Chart

Ellomay Capital 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 8.46 9.84 10.42 10.71 10.91

Ellomay Capital 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 10.71 10.87 10.97 11.01 10.91

Competitive Comparison of Ellomay Capital's Cyclically Adjusted Book per Share

For the Utilities - Renewable subindustry, Ellomay Capital'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.


Ellomay Capital's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ellomay Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ellomay Capital 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, Ellomay Capital'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)
=9.757/129.4194*129.4194
=9.757

Current CPI (Dec. 2023) = 129.4194.

Ellomay Capital Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.211 99.695 11.957
201406 9.135 100.560 11.757
201409 9.157 100.428 11.800
201412 8.925 99.070 11.659
201503 8.386 99.621 10.894
201506 8.616 100.684 11.075
201509 9.089 100.392 11.717
201512 8.843 99.792 11.468
201603 8.579 100.470 11.051
201606 8.722 101.688 11.101
201609 8.664 101.861 11.008
201612 8.404 101.863 10.678
201703 8.429 102.862 10.605
201706 8.412 103.349 10.534
201709 9.055 104.136 11.254
201712 8.718 104.011 10.848
201803 8.879 105.290 10.914
201806 8.391 106.317 10.214
201809 8.553 106.507 10.393
201812 8.367 105.998 10.216
201903 8.304 107.251 10.020
201906 8.011 108.070 9.594
201909 9.520 108.329 11.373
201912 10.321 108.420 12.320
202003 11.355 108.902 13.494
202006 9.936 108.767 11.823
202009 11.575 109.815 13.641
202012 11.945 109.897 14.067
202103 11.490 111.754 13.306
202106 11.238 114.631 12.688
202109 10.797 115.734 12.074
202112 10.187 117.630 11.208
202203 7.878 121.301 8.405
202206 7.867 125.017 8.144
202209 6.366 125.227 6.579
202212 7.890 125.222 8.154
202303 9.195 127.348 9.345
202306 9.552 128.729 9.603
202309 9.822 129.860 9.789
202312 9.757 129.419 9.757

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


Ellomay Capital  (AMEX:ELLO) 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.

Ellomay Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.00/10.91
=1.37

* 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 Ellomay Capital was 3.88. The lowest was 0.68. And the median was 1.45.


Be Aware

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


Ellomay Capital Cyclically Adjusted Book per Share Related Terms

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


Ellomay Capital (Ellomay Capital) Business Description

Traded in Other Exchanges
Address
18 Rothschild Boulevard, 1st Floor, Tel Aviv, ISR, 6688121
Ellomay Capital Ltd is focused on the utility sector. It is an Israeli public company, which focuses its business in the energy and infrastructure sectors worldwide. The company's operating segment includes Photovoltaic power plants (PV Plants); Dorad Energy Ltd. (Dorad); Groen Gas Goor B.V. and Pumped storage hydro power plant (Manara). It generates maximum revenue from the Dorad segment. Geographically, it derives a majority of its revenue from Spain.

Ellomay Capital (Ellomay Capital) Headlines

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