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Exprivia SpA (MIL:XPR) Cyclically Adjusted Book per Share : €1.68 (As of Jun. 2023)


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What is Exprivia SpA 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.

Exprivia SpA's adjusted book value per share for the three months ended in Jun. 2023 was €1.897. 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 €1.68 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Exprivia SpA's average Cyclically Adjusted Book Growth Rate was -100.00% 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 Exprivia SpA was 5.60% per year. The lowest was -0.70% per year. And the median was -0.20% per year.

As of today (2024-06-07), Exprivia SpA's current stock price is €1.69. Exprivia SpA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €1.68. Exprivia SpA's Cyclically Adjusted PB Ratio of today is 1.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Exprivia SpA was 1.62. The lowest was 0.39. And the median was 0.93.


Exprivia SpA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Exprivia SpA'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.

Exprivia SpA Cyclically Adjusted Book per Share Chart

Exprivia SpA 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 1.41 1.41 1.47 1.66 -

Exprivia SpA Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 1.56 1.59 1.66 1.68 -

Competitive Comparison of Exprivia SpA's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Exprivia SpA'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.


Exprivia SpA's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Exprivia SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Exprivia SpA 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, Exprivia SpA's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=1.897/119.7000*119.7000
=1.897

Current CPI (Jun. 2023) = 119.7000.

Exprivia SpA Quarterly Data

Book Value per Share CPI Adj_Book
201303 1.361 99.535 1.637
201306 1.354 99.814 1.624
201309 1.369 100.000 1.639
201312 1.399 99.721 1.679
201403 1.396 99.907 1.673
201406 1.396 100.093 1.669
201409 1.410 99.814 1.691
201412 1.432 99.721 1.719
201503 1.430 99.814 1.715
201506 1.436 100.279 1.714
201509 1.440 100.000 1.724
201512 1.498 99.814 1.796
201603 1.502 99.600 1.805
201606 1.508 99.900 1.807
201609 1.539 100.100 1.840
201612 1.565 100.300 1.868
201703 1.584 101.000 1.877
201706 1.562 101.100 1.849
201709 1.535 101.200 1.816
201712 2.098 101.200 2.482
201803 1.794 101.800 2.109
201806 1.789 102.400 2.091
201809 1.712 102.600 1.997
201812 2.047 102.300 2.395
201903 1.759 102.800 2.048
201906 1.783 103.100 2.070
201912 -3.033 102.800 -3.532
202003 0.000 102.900 0.000
202006 0.000 102.900 0.000
202009 0.000 102.300 0.000
202012 1.345 102.600 1.569
202103 1.378 103.700 1.591
202106 1.443 104.200 1.658
202109 1.494 104.900 1.705
202112 1.562 106.600 1.754
202203 1.620 110.400 1.756
202206 1.641 112.500 1.746
202209 1.705 114.200 1.787
202212 1.772 119.000 1.782
202306 1.897 119.700 1.897

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


Exprivia SpA  (MIL:XPR) 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.

Exprivia SpA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.69/1.68
=1.01

* 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 Exprivia SpA was 1.62. The lowest was 0.39. 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.


Exprivia SpA Cyclically Adjusted Book per Share Related Terms

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


Exprivia SpA (MIL:XPR) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Exprivia SpA (MIL:XPR) » Definitions » Cyclically Adjusted Book per Share
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Address
Via Adriano Olivetti 11, Molfetta, ITA, 70056
Exprivia SpA is an information technology company engaged in design, development, and integration of technological solutions, consultancy, outsourcing and application management for banking, finance, and insurance, telecoms, transport, and health sectors. The company's operating segments are Information technology which includes software, information technology solutions and services, and Telecommunications which includes the design, development and installation of solutions for integrated network systems and services within the sphere of the new generation technologies based on the IP protocol.

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