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Action (WAR:ACT) Cyclically Adjusted Book per Share : zł20.19 (As of Dec. 2023)


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What is Action 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.

Action's adjusted book value per share for the three months ended in Dec. 2023 was zł25.368. 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 zł20.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Action's average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Action was 11.60% per year. The lowest was 2.60% per year. And the median was 8.90% per year.

As of today (2024-06-02), Action's current stock price is zł20.90. Action's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was zł20.19. Action's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Action was 1.12. The lowest was 0.14. And the median was 0.71.


Action Cyclically Adjusted Book per Share Historical Data

The historical data trend for Action'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.

Action Cyclically Adjusted Book per Share Chart

Action 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 14.73 14.54 16.13 19.03 20.19

Action 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 19.03 19.95 20.12 19.99 20.19

Competitive Comparison of Action's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Action'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.


Action's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Action 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, Action'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)
=25.368/147.7411*147.7411
=25.368

Current CPI (Dec. 2023) = 147.7411.

Action Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.012 101.262 27.739
201406 18.762 101.180 27.396
201409 19.635 100.611 28.833
201412 20.775 100.122 30.656
201503 21.744 100.041 32.112
201506 20.833 100.448 30.642
201509 21.298 99.634 31.582
201512 21.743 99.471 32.294
201603 21.567 98.983 32.191
201606 20.171 99.552 29.935
201609 19.291 99.064 28.770
201612 10.771 100.366 15.855
201703 9.743 101.018 14.249
201706 8.464 101.180 12.359
201709 8.077 101.343 11.775
201712 7.699 102.564 11.090
201803 7.296 102.564 10.510
201806 7.195 103.378 10.283
201809 6.757 103.378 9.657
201812 6.828 103.785 9.720
201903 6.737 104.274 9.545
201906 6.579 105.983 9.171
201909 6.288 105.983 8.766
201912 6.544 107.123 9.025
202003 6.593 109.076 8.930
202006 6.289 109.402 8.493
202009 6.674 109.320 9.020
202012 15.053 109.565 20.298
202103 15.965 112.658 20.937
202106 18.160 113.960 23.543
202109 18.658 115.588 23.848
202112 20.070 119.088 24.899
202203 20.577 125.031 24.315
202206 20.993 131.705 23.549
202209 21.602 135.531 23.548
202212 22.758 139.113 24.170
202303 23.511 145.950 23.799
202306 24.007 147.009 24.127
202309 24.467 146.113 24.740
202312 25.368 147.741 25.368

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


Action  (WAR:ACT) 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.

Action's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.90/20.19
=1.04

* 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 Action was 1.12. The lowest was 0.14. And the median was 0.71.


Be Aware

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


Action Cyclically Adjusted Book per Share Related Terms

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


Action (WAR:ACT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Action SA (WAR:ACT) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
ul. Dawidowska 10, Zamienie, Piaseczno, POL, 05-500
Action SA is a Poland-based company that operates in the computer business. The company, through its subsidiaries, is engaged in the sale of IT equipment, consumer electronics, and household appliances through wholesalers, own outlets, and third-party shops. The Group conducts its sales operations primarily in the Poland market. The company's core business is the wholesale trade in computer accessories, and it derives revenue from the sale of products.

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