GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » X5 Retail Group NV (MIC:FIVE) » Definitions » Cyclically Adjusted Book per Share

X5 Retail Group NV (MIC:FIVE) Cyclically Adjusted Book per Share : ₽37,493.70 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is X5 Retail Group NV 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.

X5 Retail Group NV's adjusted book value per share for the three months ended in Dec. 2023 was ₽770.894. 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 ₽37,493.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, X5 Retail Group NV's average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 X5 Retail Group NV was 7.70% per year. The lowest was 5.10% per year. And the median was 7.60% per year.

As of today (2024-06-09), X5 Retail Group NV's current stock price is ₽2798.00. X5 Retail Group NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽37,493.70. X5 Retail Group NV's Cyclically Adjusted PB Ratio of today is 0.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of X5 Retail Group NV was 5.44. The lowest was 0.06. And the median was 3.54.


X5 Retail Group NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for X5 Retail Group NV'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.

X5 Retail Group NV Cyclically Adjusted Book per Share Chart

X5 Retail Group NV 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 455.36 593.20 634.34 25,893.10 37,493.70

X5 Retail Group NV Quarterly Data
Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 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 25,893.10 24,282.80 25,761.50 38,298.30 37,493.70

Competitive Comparison of X5 Retail Group NV's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, X5 Retail Group NV'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.


X5 Retail Group NV's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, X5 Retail Group NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where X5 Retail Group NV's Cyclically Adjusted PB Ratio falls into.



X5 Retail Group NV 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, X5 Retail Group NV'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)
=770.894/126.4500*126.4500
=770.894

Current CPI (Dec. 2023) = 126.4500.

X5 Retail Group NV Quarterly Data

Book Value per Share CPI Adj_Book
201212 246.821 96.760 322.556
201303 253.957 98.580 325.754
201306 263.177 98.320 338.474
201309 270.418 99.080 345.119
201312 286.706 98.360 368.585
201403 295.793 99.390 376.326
201406 310.530 99.240 395.672
201409 323.172 99.960 408.815
201412 333.583 99.050 425.861
201503 348.763 99.750 442.116
201506 362.630 100.230 457.493
201512 385.720 99.730 489.063
201603 0.000 100.310 0.000
201606 0.000 100.260 0.000
201609 0.000 100.570 0.000
201612 467.855 100.710 587.432
201703 498.658 101.440 621.602
201706 536.570 101.370 669.323
201709 563.446 102.030 698.302
201712 583.479 101.970 723.555
201803 604.282 102.470 745.696
201806 556.506 103.100 682.543
201809 586.309 103.950 713.216
201812 609.350 103.970 741.101
201906 432.157 105.840 516.310
201912 429.209 106.800 508.179
202006 387.585 107.510 455.866
202009 0.000 107.880 0.000
202012 349.287 107.850 409.526
202103 0.000 108.870 0.000
202109 366.968 110.790 418.838
202112 322.693 114.010 357.903
202203 331.992 119.460 351.418
202206 0.000 119.050 0.000
202209 481.604 126.890 479.934
202212 490.295 124.940 496.221
202303 523.603 124.720 530.866
202306 619.248 125.830 622.299
202309 713.686 127.160 709.701
202312 770.894 126.450 770.894

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


X5 Retail Group NV  (MIC:FIVE) 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.

X5 Retail Group NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2798.00/37493.7
=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 X5 Retail Group NV was 5.44. The lowest was 0.06. And the median was 3.54.


Be Aware

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


X5 Retail Group NV Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of X5 Retail Group NV's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


X5 Retail Group NV (MIC:FIVE) Business Description

Traded in Other Exchanges
Address
Zuidplein 196, WTC Tower H, 24th Floor, Amsterdam, NH, NLD, 1077 XV
X5 Retail Group NV is principally engaged in the development and operation of grocery retail stores. It operates a retail chain of proximity stores, supermarkets, hypermarkets, hard discounters, online hypermarket stores, and dark kitchens under the brand names Pyaterochka, Perekrestok, Karusel, Chizhik, Perekrestok Vprok and Mnogo Lososya in major population centers in Russia, including but not limited to Moscow, St. Petersburg, Nizhniy Novgorod, Rostovon-Don, Kazan, Samara, Lipetsk, Chelyabinsk, Perm, Ekaterinburg. Its segment includes Pyaterochka, Perekrestok, others, and Corporate Centre. The company generates a majority of its revenue from the Pyaterochka segment.