GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sinergon Holding AD (XBUL:SNRG) » Definitions » Cyclically Adjusted Book per Share

Sinergon Holding AD (XBUL:SNRG) Cyclically Adjusted Book per Share : лв15.51 (As of Jun. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Sinergon Holding AD 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.

Sinergon Holding AD's adjusted book value per share for the three months ended in Jun. 2023 was лв14.448. 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 лв15.51 for the trailing ten years ended in Jun. 2023.

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.

As of today (2024-06-06), Sinergon Holding AD's current stock price is лв1.10. Sinergon Holding AD's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was лв15.51. Sinergon Holding AD's Cyclically Adjusted PB Ratio of today is 0.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sinergon Holding AD was 0.10. The lowest was 0.05. And the median was 0.07.


Sinergon Holding AD Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sinergon Holding AD'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.

Sinergon Holding AD Cyclically Adjusted Book per Share Chart

Sinergon Holding AD Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sinergon Holding AD Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Mar23 Jun23
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 - - 15.33 15.47 15.51

Competitive Comparison of Sinergon Holding AD's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Sinergon Holding AD'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.


Sinergon Holding AD's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sinergon Holding AD's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sinergon Holding AD 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, Sinergon Holding AD's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=14.448/128.7287*128.7287
=14.448

Current CPI (Jun. 2023) = 128.7287.

Sinergon Holding AD Quarterly Data

Book Value per Share CPI Adj_Book
201212 13.763 96.871 18.289
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 13.672 98.326 17.899
201403 0.000 99.695 0.000
201406 13.404 100.560 17.159
201409 13.360 100.428 17.125
201412 13.177 99.070 17.122
201503 13.050 99.621 16.863
201506 13.036 100.684 16.667
201509 13.227 100.392 16.961
201512 13.266 99.792 17.113
201603 13.207 100.470 16.922
201606 13.012 101.688 16.472
201609 13.055 101.861 16.498
201612 13.029 101.863 16.465
201703 12.847 102.862 16.078
201706 12.810 103.349 15.956
201709 12.870 104.136 15.909
201712 12.604 104.011 15.599
201803 12.440 105.290 15.209
201806 12.174 106.317 14.740
201809 12.226 106.507 14.777
201812 11.837 105.998 14.375
201903 12.125 107.251 14.553
201906 12.315 108.070 14.669
201909 12.308 108.329 14.626
201912 12.135 108.420 14.408
202003 12.449 108.902 14.716
202006 12.570 108.767 14.877
202009 12.536 109.815 14.695
202012 12.426 109.897 14.555
202103 12.289 111.754 14.156
202106 12.033 114.631 13.513
202109 11.983 115.734 13.328
202112 12.368 117.630 13.535
202203 0.000 121.301 0.000
202206 13.100 125.017 13.489
202303 14.490 127.348 14.647
202306 14.448 128.729 14.448

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


Sinergon Holding AD  (XBUL:SNRG) 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.

Sinergon Holding AD's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.10/15.51
=0.07

* 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 Sinergon Holding AD was 0.10. The lowest was 0.05. And the median was 0.07.


Be Aware

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


Sinergon Holding AD Cyclically Adjusted Book per Share Related Terms

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


Sinergon Holding AD (XBUL:SNRG) Business Description

Traded in Other Exchanges
N/A
Address
2 Solunska Street, Sofia, BGR, 1000
Sinergon Holding AD is engaged in acquisition, management, valuation and sales of stake, patents and bonds in Bulgaria and internationally. The company is also engaged in providing tourist services, hotel and restaurant services.

Sinergon Holding AD (XBUL:SNRG) Headlines

From GuruFocus

SusGlobal Appoints Gary Herman to its Board of Directors

By ACCESSWIRE ACCESSWIRE 04-22-2021

SusGlobal receives Scorecard from Circulytics(R)

By ACCESSWIRE ACCESSWIRE 04-28-2021