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Polska Grupa Energetyczna (WAR:PGE) Cyclically Adjusted Book per Share : zł31.93 (As of Mar. 2024)


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What is Polska Grupa Energetyczna 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.

Polska Grupa Energetyczna's adjusted book value per share for the three months ended in Mar. 2024 was zł21.522. 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 zł31.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Polska Grupa Energetyczna's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Polska Grupa Energetyczna was 9.00% per year. The lowest was 4.90% per year. And the median was 8.70% per year.

As of today (2024-06-08), Polska Grupa Energetyczna's current stock price is zł6.786. Polska Grupa Energetyczna's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł31.93. Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Polska Grupa Energetyczna was 0.53. The lowest was 0.12. And the median was 0.30.


Polska Grupa Energetyczna Cyclically Adjusted Book per Share Historical Data

The historical data trend for Polska Grupa Energetyczna'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.

Polska Grupa Energetyczna Cyclically Adjusted Book per Share Chart

Polska Grupa Energetyczna 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 24.15 24.72 26.82 31.01 31.98

Polska Grupa Energetyczna 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 32.33 32.36 31.95 31.98 31.93

Competitive Comparison of Polska Grupa Energetyczna's Cyclically Adjusted Book per Share

For the Utilities - Regulated Electric subindustry, Polska Grupa Energetyczna'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.


Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Polska Grupa Energetyczna 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, Polska Grupa Energetyczna'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)
=21.522/149.0435*149.0435
=21.522

Current CPI (Mar. 2024) = 149.0435.

Polska Grupa Energetyczna Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.415 101.180 34.491
201409 23.605 100.611 34.968
201412 23.943 100.122 35.642
201503 24.557 100.041 36.586
201506 20.553 100.448 30.496
201509 21.102 99.634 31.567
201512 21.565 99.471 32.312
201603 22.031 98.983 33.173
201606 21.625 99.552 32.376
201609 21.922 99.064 32.982
201612 22.826 100.366 33.897
201703 23.322 101.018 34.410
201706 23.593 101.180 34.754
201709 24.383 101.343 35.860
201712 24.136 102.564 35.074
201803 24.853 102.564 36.116
201806 25.052 103.378 36.118
201809 25.242 103.378 36.392
201812 24.991 103.785 35.889
201903 25.283 104.274 36.138
201906 25.765 105.983 36.233
201909 26.052 105.983 36.637
201912 22.617 107.123 31.468
202003 22.913 109.076 31.309
202006 22.131 109.402 30.150
202009 22.347 109.320 30.467
202012 22.740 109.565 30.934
202103 23.210 112.658 30.706
202106 24.134 113.960 31.564
202109 24.707 115.588 31.858
202112 25.401 119.088 31.790
202203 26.130 125.031 31.148
202206 29.266 131.705 33.119
202209 24.890 135.531 27.372
202212 23.861 139.113 25.564
202303 24.476 145.950 24.995
202306 24.202 147.009 24.537
202309 24.836 146.113 25.334
202312 20.891 147.741 21.075
202403 21.522 149.044 21.522

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


Polska Grupa Energetyczna  (WAR:PGE) 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.

Polska Grupa Energetyczna's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.786/31.93
=0.21

* 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 Polska Grupa Energetyczna was 0.53. The lowest was 0.12. And the median was 0.30.


Be Aware

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


Polska Grupa Energetyczna Cyclically Adjusted Book per Share Related Terms

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


Polska Grupa Energetyczna (WAR:PGE) Business Description

Traded in Other Exchanges
Address
Aleja Krasnicka 27, Warsaw, POL, 20-718
Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.

Polska Grupa Energetyczna (WAR:PGE) Headlines

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