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Stalexport Autostrady (WAR:STX) Cyclically Adjusted Book per Share : zł3.53 (As of Mar. 2024)


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What is Stalexport Autostrady 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.

Stalexport Autostrady's adjusted book value per share for the three months ended in Mar. 2024 was zł3.271. 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 zł3.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stalexport Autostrady's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.30% 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 Stalexport Autostrady was 20.50% per year. The lowest was 16.60% per year. And the median was 18.90% per year.

As of today (2024-06-11), Stalexport Autostrady's current stock price is zł2.88. Stalexport Autostrady's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł3.53. Stalexport Autostrady's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stalexport Autostrady was 2.66. The lowest was 0.73. And the median was 1.56.


Stalexport Autostrady Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stalexport Autostrady'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.

Stalexport Autostrady Cyclically Adjusted Book per Share Chart

Stalexport Autostrady 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 1.76 2.05 2.44 3.08 3.45

Stalexport Autostrady 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 3.29 3.36 3.38 3.45 3.53

Competitive Comparison of Stalexport Autostrady's Cyclically Adjusted Book per Share

For the Infrastructure Operations subindustry, Stalexport Autostrady'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.


Stalexport Autostrady's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Stalexport Autostrady's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stalexport Autostrady 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, Stalexport Autostrady'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)
=3.271/149.0435*149.0435
=3.271

Current CPI (Mar. 2024) = 149.0435.

Stalexport Autostrady Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.085 101.180 1.598
201409 1.160 100.611 1.718
201412 1.217 100.122 1.812
201503 1.289 100.041 1.920
201506 1.401 100.448 2.079
201509 1.588 99.634 2.376
201512 1.691 99.471 2.534
201603 1.855 98.983 2.793
201606 1.982 99.552 2.967
201609 2.148 99.064 3.232
201612 2.353 100.366 3.494
201703 2.507 101.018 3.699
201706 2.478 101.180 3.650
201709 2.665 101.343 3.919
201712 2.784 102.564 4.046
201803 2.942 102.564 4.275
201806 2.890 103.378 4.167
201809 3.096 103.378 4.464
201812 3.236 103.785 4.647
201903 3.252 104.274 4.648
201906 3.011 105.983 4.234
201909 3.049 105.983 4.288
201912 3.180 107.123 4.424
202003 3.303 109.076 4.513
202006 3.262 109.402 4.444
202009 3.472 109.320 4.734
202012 3.482 109.565 4.737
202103 2.959 112.658 3.915
202106 3.033 113.960 3.967
202109 3.225 115.588 4.158
202112 2.891 119.088 3.618
202203 3.334 125.031 3.974
202206 3.155 131.705 3.570
202209 3.352 135.531 3.686
202212 2.799 139.113 2.999
202303 3.433 145.950 3.506
202306 2.818 147.009 2.857
202309 3.089 146.113 3.151
202312 3.040 147.741 3.067
202403 3.271 149.044 3.271

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


Stalexport Autostrady  (WAR:STX) 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.

Stalexport Autostrady's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.88/3.53
=0.82

* 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 Stalexport Autostrady was 2.66. The lowest was 0.73. And the median was 1.56.


Be Aware

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


Stalexport Autostrady Cyclically Adjusted Book per Share Related Terms

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


Stalexport Autostrady (WAR:STX) Business Description

Industry
Traded in Other Exchanges
Address
ul. Piaskowa 20, Myslowice, POL, 41-404
Stalexport Autostrady SA is an engineering and infrastructure company based in Poland. It operates under two divisions; Management of motorways and provision of advisory and rental services. Its core business is the construction and maintenance of motorways throughout the country, especially Katowice-Krakow section of the A4 motorway. The company manufactures metal structures, installs industrial machinery, repairs fabricated metal products, constructs bridges and tunnels and underground railways and provides for electrical installations for infrastructure. Its other businesses comprise of the leasing office, parking spaces and provision of management and business advisory services.