GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » VAA-Vista Alegre Atlantis SA (XLIS:VAF) » Definitions » Cyclically Adjusted Book per Share

VAA-Vista Alegre Atlantis (XLIS:VAF) Cyclically Adjusted Book per Share : €0.39 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is VAA-Vista Alegre Atlantis 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.

VAA-Vista Alegre Atlantis's adjusted book value per share for the three months ended in Dec. 2023 was €0.484. 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 €0.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, VAA-Vista Alegre Atlantis's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.30% 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 VAA-Vista Alegre Atlantis was 47.40% per year. The lowest was -86.20% per year. And the median was 8.80% per year.

As of today (2024-06-02), VAA-Vista Alegre Atlantis's current stock price is €1.04. VAA-Vista Alegre Atlantis's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.39. VAA-Vista Alegre Atlantis's Cyclically Adjusted PB Ratio of today is 2.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of VAA-Vista Alegre Atlantis was 20.56. The lowest was 0.01. And the median was 2.97.


VAA-Vista Alegre Atlantis Cyclically Adjusted Book per Share Historical Data

The historical data trend for VAA-Vista Alegre Atlantis'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.

VAA-Vista Alegre Atlantis Cyclically Adjusted Book per Share Chart

VAA-Vista Alegre Atlantis 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 0.29 0.30 0.32 0.37 0.39

VAA-Vista Alegre Atlantis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.37 0.37 0.38 0.39 0.39

Competitive Comparison of VAA-Vista Alegre Atlantis's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, VAA-Vista Alegre Atlantis'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.


VAA-Vista Alegre Atlantis's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where VAA-Vista Alegre Atlantis's Cyclically Adjusted PB Ratio falls into.



VAA-Vista Alegre Atlantis 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, VAA-Vista Alegre Atlantis's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.484/118.0324*118.0324
=0.484

Current CPI (Dec. 2023) = 118.0324.

VAA-Vista Alegre Atlantis Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.221 99.788 0.261
201406 0.202 99.967 0.239
201409 0.192 99.617 0.227
201412 0.245 99.723 0.290
201503 0.225 100.097 0.265
201506 0.220 100.769 0.258
201509 0.198 100.489 0.233
201512 0.238 100.119 0.281
201603 0.225 100.547 0.264
201606 0.238 101.319 0.277
201609 0.238 101.122 0.278
201612 0.268 100.998 0.313
201703 0.269 101.924 0.312
201706 0.276 102.240 0.319
201709 0.281 102.527 0.323
201712 0.540 102.479 0.622
201803 0.545 102.626 0.627
201806 0.555 103.790 0.631
201809 0.306 103.960 0.347
201812 0.325 103.159 0.372
201903 0.334 103.495 0.381
201906 0.349 104.192 0.395
201909 0.349 103.844 0.397
201912 0.428 103.592 0.488
202003 0.427 103.544 0.487
202006 0.407 104.323 0.460
202009 0.414 103.699 0.471
202012 0.389 103.354 0.444
202103 0.377 104.014 0.428
202106 0.384 104.852 0.432
202109 0.391 105.232 0.439
202112 0.402 106.191 0.447
202203 0.401 109.559 0.432
202206 0.404 114.003 0.418
202209 0.403 114.999 0.414
202212 0.443 116.377 0.449
202303 0.452 117.701 0.453
202306 0.470 117.872 0.471
202309 0.472 119.111 0.468
202312 0.484 118.032 0.484

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


VAA-Vista Alegre Atlantis  (XLIS:VAF) 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.

VAA-Vista Alegre Atlantis's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.04/0.39
=2.67

* 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 VAA-Vista Alegre Atlantis was 20.56. The lowest was 0.01. And the median was 2.97.


Be Aware

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


VAA-Vista Alegre Atlantis Cyclically Adjusted Book per Share Related Terms

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


VAA-Vista Alegre Atlantis (XLIS:VAF) Business Description

Traded in Other Exchanges
N/A
Address
Rua Nova da Trindade no 1, r/c esqdo, Lisboa, PRT, 1200 301
VAA-Vista Alegre Atlantis SA manufactures and distributes porcelain and ceramic items to wholesalers, retail shops, and direct customers in both the domestic and international markets. The company segments include Porcelain & other products, Stoneware, Crystal & Glass, and Earthenware. The company's geographical segments include Portugal, Spain, France, Germany, Italy, The Netherlands, Australia, the USA, the United Kingdom, Brazil, the Rest of Europe, and Other countries.

VAA-Vista Alegre Atlantis (XLIS:VAF) Headlines

No Headlines