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Relo Group (FRA:665) Cyclically Adjusted Book per Share : €1.89 (As of Mar. 2024)


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What is Relo Group 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.

Relo Group's adjusted book value per share for the three months ended in Mar. 2024 was €1.552. 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 €1.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Relo Group's average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Relo Group was 10.70% per year. The lowest was 9.40% per year. And the median was 10.20% per year.

As of today (2024-09-20), Relo Group's current stock price is €11.30. Relo Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.89. Relo Group's Cyclically Adjusted PB Ratio of today is 5.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Relo Group was 19.61. The lowest was 3.62. And the median was 9.72.


Relo Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Relo Group'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.

Relo Group Cyclically Adjusted Book per Share Chart

Relo Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 1.78 2.21 1.96 1.89

Relo Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.87 1.93 2.00 1.89 -

Competitive Comparison of Relo Group's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Relo Group'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.


Relo Group's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Relo Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Relo Group 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, Relo Group'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)
=1.552/107.2000*107.2000
=1.552

Current CPI (Mar. 2024) = 107.2000.

Relo Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.298 98.000 1.420
201409 1.385 98.500 1.507
201412 1.384 97.900 1.515
201503 1.622 97.900 1.776
201506 1.512 98.400 1.647
201509 1.461 98.500 1.590
201512 1.597 98.100 1.745
201603 1.795 97.900 1.966
201606 1.901 98.100 2.077
201609 2.112 98.000 2.310
201612 2.105 98.400 2.293
201703 2.173 98.100 2.375
201706 2.087 98.500 2.271
201709 2.117 98.800 2.297
201712 2.207 99.400 2.380
201803 2.169 99.200 2.344
201806 2.192 99.200 2.369
201809 2.346 99.900 2.517
201812 2.533 99.700 2.724
201903 2.786 99.700 2.996
201906 2.763 99.800 2.968
201909 3.053 100.100 3.270
201912 3.231 100.500 3.446
202003 2.738 100.300 2.926
202006 2.456 99.900 2.635
202009 2.543 99.900 2.729
202012 2.637 99.300 2.847
202103 1.967 99.900 2.111
202106 1.953 99.500 2.104
202109 2.223 100.100 2.381
202112 2.473 100.100 2.648
202203 2.727 101.100 2.892
202206 2.749 101.800 2.895
202209 2.784 103.100 2.895
202212 2.937 104.100 3.024
202303 3.137 104.400 3.221
202306 2.888 105.200 2.943
202309 3.031 106.200 3.060
202312 3.186 106.800 3.198
202403 1.552 107.200 1.552

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


Relo Group  (FRA:665) 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.

Relo Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.30/1.89
=5.98

* 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 Relo Group was 19.61. The lowest was 3.62. And the median was 9.72.


Be Aware

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


Relo Group Cyclically Adjusted Book per Share Related Terms

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


Relo Group Business Description

Industry
Traded in Other Exchanges
Address
4-3-23, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Relo Group Inc is a Japan-based company engaged in providing corporate fringe benefit management outsourcing service. It provides comprehensive support for fringe benefit programs, ranging from housing to leisure and lifestyle improvement. The company manages over 100,000 housing unit's companies rent and provides to their employees, and offers 200,000 kinds of benefits to help employees have fun and improve their well-being. It also operates a rental real estate management business all across Japan. The company operates as an agent that helps to run hotels and attract guests. In addition to hotels, it also provides an insurance consulting business.

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