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Starhedge (WAR:SHG) Cyclically Adjusted Book per Share : zł2.22 (As of Mar. 2024)


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What is Starhedge 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.

Starhedge's adjusted book value per share for the three months ended in Mar. 2024 was zł0.503. 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 zł2.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Starhedge's average Cyclically Adjusted Book Growth Rate was -58.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -56.40% 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 Starhedge was -56.40% per year. The lowest was -56.40% per year. And the median was -56.40% per year.

As of today (2024-06-10), Starhedge's current stock price is zł0.398. Starhedge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł2.22. Starhedge's Cyclically Adjusted PB Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Starhedge was 0.18. The lowest was 0.01. And the median was 0.03.


Starhedge Cyclically Adjusted Book per Share Historical Data

The historical data trend for Starhedge'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.

Starhedge Cyclically Adjusted Book per Share Chart

Starhedge Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 64.77 29.70 15.40 5.37

Starhedge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 5.37 5.01 4.38 3.68 2.22

Competitive Comparison of Starhedge's Cyclically Adjusted Book per Share

For the Solar subindustry, Starhedge'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.


Starhedge's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Starhedge 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, Starhedge'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)
=0.503/149.0435*149.0435
=0.503

Current CPI (Mar. 2024) = 149.0435.

Starhedge Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.626 101.262 12.696
201406 8.313 101.180 12.245
201409 17.692 100.611 26.209
201412 1.739 100.122 2.589
201503 1.516 100.041 2.259
201506 0.988 100.448 1.466
201509 0.960 99.634 1.436
201512 1.617 99.471 2.423
201603 1.683 98.983 2.534
201606 1.459 99.552 2.184
201609 1.446 99.064 2.176
201612 3.008 100.366 4.467
201703 0.420 101.018 0.620
201706 0.446 101.180 0.657
201709 0.642 101.343 0.944
201712 0.349 102.564 0.507
201803 0.346 102.564 0.503
201806 0.349 103.378 0.503
201809 0.350 103.378 0.505
201812 0.397 103.785 0.570
201903 0.401 104.274 0.573
201906 0.404 105.983 0.568
201909 0.416 105.983 0.585
201912 0.434 107.123 0.604
202003 0.449 109.076 0.614
202006 0.454 109.402 0.619
202009 0.459 109.320 0.626
202012 0.468 109.565 0.637
202103 0.493 112.658 0.652
202106 0.485 113.960 0.634
202109 0.490 115.588 0.632
202112 0.476 119.088 0.596
202203 0.508 125.031 0.606
202206 0.519 131.705 0.587
202209 0.466 135.531 0.512
202212 0.469 139.113 0.502
202303 0.470 145.950 0.480
202306 0.474 147.009 0.481
202309 0.481 146.113 0.491
202403 0.503 149.044 0.503

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


Starhedge  (WAR:SHG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.398/2.22
=0.18

* 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 Starhedge was 0.18. The lowest was 0.01. And the median was 0.03.


Be Aware

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


Starhedge Cyclically Adjusted Book per Share Related Terms

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


Starhedge (WAR:SHG) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Starhedge SA (WAR:SHG) » Definitions » Cyclically Adjusted Book per Share
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Ul. Pankiewicza 3, Warsaw, POL, 00 696
Starhedge SA is a Poland-based company active in the renewable energy sector. The company has made investments in the renewable energy sector by acquiring shares in companies that own photovoltaic panels and specialize in services related to the sale and distribution of energy.