GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Grupa HRC SA (WAR:HRC) » Definitions » Cyclically Adjusted Book per Share

Grupa HRC (WAR:HRC) Cyclically Adjusted Book per Share : zł0.19 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Grupa HRC 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.

Grupa HRC's adjusted book value per share for the three months ended in Mar. 2024 was zł0.135. 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 zł0.19 for the trailing ten years ended in Mar. 2024.

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 (2024-06-10), Grupa HRC's current stock price is zł1.54. Grupa HRC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł0.19. Grupa HRC's Cyclically Adjusted PB Ratio of today is 8.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupa HRC was 10.84. The lowest was 4.16. And the median was 5.61.


Grupa HRC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupa HRC'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.

Grupa HRC Cyclically Adjusted Book per Share Chart

Grupa HRC 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 - - 0.16 0.18 0.19

Grupa HRC 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 0.19 0.19 0.19 0.19 0.19

Competitive Comparison of Grupa HRC's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Grupa HRC'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.


Grupa HRC's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Grupa HRC 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, Grupa HRC'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)
=0.135/149.0435*149.0435
=0.135

Current CPI (Mar. 2024) = 149.0435.

Grupa HRC Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.111 101.180 0.164
201409 0.130 100.611 0.193
201412 0.175 100.122 0.261
201503 0.153 100.041 0.228
201506 0.165 100.448 0.245
201509 0.174 99.634 0.260
201512 0.186 99.471 0.279
201603 0.184 98.983 0.277
201606 0.204 99.552 0.305
201609 0.205 99.064 0.308
201612 0.191 100.366 0.284
201703 0.172 101.018 0.254
201706 0.157 101.180 0.231
201709 0.142 101.343 0.209
201712 0.116 102.564 0.169
201803 0.120 102.564 0.174
201806 0.111 103.378 0.160
201809 0.104 103.378 0.150
201812 0.104 103.785 0.149
201903 0.153 104.274 0.219
201906 0.159 105.983 0.224
201909 0.159 105.983 0.224
201912 0.162 107.123 0.225
202003 0.154 109.076 0.210
202006 0.157 109.402 0.214
202009 0.125 109.320 0.170
202012 0.106 109.565 0.144
202103 0.103 112.658 0.136
202106 0.098 113.960 0.128
202109 0.099 115.588 0.128
202112 0.125 119.088 0.156
202203 0.121 125.031 0.144
202206 0.121 131.705 0.137
202209 0.117 135.531 0.129
202212 0.126 139.113 0.135
202303 0.133 145.950 0.136
202306 0.133 147.009 0.135
202309 0.132 146.113 0.135
202312 0.137 147.741 0.138
202403 0.135 149.044 0.135

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


Grupa HRC  (WAR:HRC) 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.

Grupa HRC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.54/0.19
=8.11

* 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 Grupa HRC was 10.84. The lowest was 4.16. And the median was 5.61.


Be Aware

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


Grupa HRC Cyclically Adjusted Book per Share Related Terms

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


Grupa HRC (WAR:HRC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Leszno 8, lok.1, Warsaw, POL, 01-192
Grupa HRC SA is engaged in providing clients with comprehensive services in recruitment and HR consulting, achieving and maintaining quality services, the continuous broadening portfolio of services and clients. The company's services include Direct Search, Executive Search, Consulting, Tests, Outplacement, Labor Law and EU projects.

Grupa HRC (WAR:HRC) Headlines