GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » P10 Holdings Inc (STU:AC3B) » Definitions » Cyclically Adjusted Book per Share

P10 Holdings (STU:AC3B) Cyclically Adjusted Book per Share : €0.00 (As of Dec. 2020)


View and export this data going back to . Start your Free Trial

What is P10 Holdings 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.

P10 Holdings's adjusted book value per share for the three months ended in Dec. 2020 was €0.519. 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 €0.00 for the trailing ten years ended in Dec. 2020.

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 (2024-05-22), P10 Holdings's current stock price is €0.149. P10 Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2020 was €0.00. P10 Holdings's Cyclically Adjusted PB Ratio of today is .


P10 Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for P10 Holdings'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.

P10 Holdings Cyclically Adjusted Book per Share Chart

P10 Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

P10 Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 - - - - -

Competitive Comparison of P10 Holdings's Cyclically Adjusted Book per Share

For the Asset Management subindustry, P10 Holdings'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.


P10 Holdings's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, P10 Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where P10 Holdings's Cyclically Adjusted PB Ratio falls into.



P10 Holdings 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, P10 Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2020 was:

Adj_Book= Book Value per Share /CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.519/109.8968*109.8968
=0.519

Current CPI (Dec. 2020) = 109.8968.

P10 Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201103 0.915 94.283 1.067
201106 0.863 95.235 0.996
201109 0.857 95.727 0.984
201112 0.770 95.213 0.889
201203 1.016 96.783 1.154
201206 1.092 96.819 1.239
201209 1.051 97.633 1.183
201212 5.179 96.871 5.875
201303 5.198 98.209 5.817
201306 5.256 98.518 5.863
201309 4.507 98.790 5.014
201312 0.765 98.326 0.855
201403 0.857 99.695 0.945
201406 0.737 100.560 0.805
201409 0.698 100.428 0.764
201412 0.660 99.070 0.732
201503 0.696 99.621 0.768
201506 0.678 100.684 0.740
201509 0.622 100.392 0.681
201512 0.538 99.792 0.592
201603 0.381 100.470 0.417
201606 0.317 101.688 0.343
201609 0.274 101.861 0.296
201612 0.008 101.863 0.009
201703 -0.012 102.862 -0.013
201706 0.092 103.349 0.098
201709 0.076 104.136 0.080
201712 0.166 104.011 0.175
201803 0.137 105.290 0.143
201806 0.132 106.317 0.136
201809 0.128 106.507 0.132
201812 0.236 105.998 0.245
201903 0.257 107.251 0.263
201906 0.267 108.070 0.272
201909 0.288 108.329 0.292
201912 0.364 108.420 0.369
202003 0.389 108.902 0.393
202006 0.391 108.767 0.395
202009 0.375 109.815 0.375
202012 0.519 109.897 0.519

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


P10 Holdings  (STU:AC3B) 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.


Be Aware

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


P10 Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of P10 Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


P10 Holdings (STU:AC3B) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 160, Dallas, TX, USA, 75205
P10 Holdings Inc is an asset management company. Its existing portfolio of solutions across private equity, venture capital, private credit, and impact investing support its mission by offering a comprehensive set of investment vehicles to its investors, including primary fund of funds, secondary investment, direct investment, and co-investments, alongside separate accounts. The company generates the majority of its revenue from Management & advisory fees.

P10 Holdings (STU:AC3B) Headlines

No Headlines