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Mera (WAR:MER) Cyclically Adjusted Book per Share : zł6.67 (As of Mar. 2024)


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What is Mera 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.

Mera's adjusted book value per share for the three months ended in Mar. 2024 was zł4.566. 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 zł6.67 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Mera was 7.60% per year. The lowest was 7.60% per year. And the median was 7.60% per year.

As of today (2024-06-08), Mera's current stock price is zł1.48. Mera's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł6.67. Mera's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mera was 0.45. The lowest was 0.17. And the median was 0.23.


Mera Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mera'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.

Mera Cyclically Adjusted Book per Share Chart

Mera 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 - 5.40 5.77 6.58 6.72

Mera 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 - 6.84 6.70 6.72 6.67

Competitive Comparison of Mera's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Mera'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.


Mera's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mera's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mera 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, Mera'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)
=4.566/149.0435*149.0435
=4.566

Current CPI (Mar. 2024) = 149.0435.

Mera Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.776 101.180 8.508
201409 5.677 100.611 8.410
201412 4.956 100.122 7.378
201503 4.930 100.041 7.345
201506 4.947 100.448 7.340
201509 4.980 99.634 7.450
201512 4.988 99.471 7.474
201603 5.008 98.983 7.541
201606 5.050 99.552 7.561
201609 5.663 99.064 8.520
201612 5.052 100.366 7.502
201703 5.710 101.018 8.425
201706 5.163 101.180 7.605
201709 5.676 101.343 8.348
201712 5.398 102.564 7.844
201803 5.567 102.564 8.090
201806 6.132 103.378 8.841
201809 6.146 103.378 8.861
201812 4.312 103.785 6.192
201903 0.000 104.274 0.000
201906 4.756 105.983 6.688
201909 4.349 105.983 6.116
201912 4.354 107.123 6.058
202003 4.365 109.076 5.964
202006 4.259 109.402 5.802
202009 4.288 109.320 5.846
202012 4.372 109.565 5.947
202103 4.380 112.658 5.795
202106 4.422 113.960 5.783
202109 4.425 115.588 5.706
202112 4.519 119.088 5.656
202203 4.540 125.031 5.412
202206 4.569 131.705 5.170
202209 4.574 135.531 5.030
202212 4.559 139.113 4.884
202303 0.000 145.950 0.000
202306 4.582 147.009 4.645
202309 4.583 146.113 4.675
202312 4.565 147.741 4.605
202403 4.566 149.044 4.566

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


Mera  (WAR:MER) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.48/6.67
=0.22

* 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 Mera was 0.45. The lowest was 0.17. And the median was 0.23.


Be Aware

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


Mera Cyclically Adjusted Book per Share Related Terms

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


Mera (WAR:MER) Business Description

Traded in Other Exchanges
N/A
Address
ul. Sikorskiego 3, Lewin Brzeski, POL, 49-340
Mera SA is engaged in the design and manufacture of wooden stairs. The company's product portfolio includes stairs, railings, accessories, wood, and furniture.

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