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Moscow City Telephone Network PJSC (MIC:MGTS) Cyclically Adjusted Book per Share : ₽1,300.96 (As of Dec. 2023)


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What is Moscow City Telephone Network PJSC 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.

Moscow City Telephone Network PJSC's adjusted book value per share for the three months ended in Dec. 2023 was ₽1,407.678. 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 ₽1,300.96 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Moscow City Telephone Network PJSC's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Moscow City Telephone Network PJSC was 6.00% per year. The lowest was 6.00% per year. And the median was 6.00% per year.

As of today (2024-05-08), Moscow City Telephone Network PJSC's current stock price is ₽1705.00. Moscow City Telephone Network PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽1,300.96. Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Moscow City Telephone Network PJSC was 2.18. The lowest was 1.05. And the median was 1.52.


Moscow City Telephone Network PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Moscow City Telephone Network PJSC'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.

Moscow City Telephone Network PJSC Cyclically Adjusted Book per Share Chart

Moscow City Telephone Network PJSC 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 - 1,092.69 1,150.09 1,260.27 1,300.96

Moscow City Telephone Network PJSC 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 1,260.27 1,271.66 1,274.50 1,293.35 1,300.96

Competitive Comparison of Moscow City Telephone Network PJSC's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Moscow City Telephone Network PJSC'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.


Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio falls into.



Moscow City Telephone Network PJSC 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, Moscow City Telephone Network PJSC'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)
=1407.678/244.6000*244.6000
=1,407.678

Current CPI (Dec. 2023) = 244.6000.

Moscow City Telephone Network PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201403 796.741 127.800 1,524.905
201406 0.000 130.900 0.000
201409 828.691 132.700 1,527.489
201412 920.218 139.000 1,619.319
201503 950.938 149.400 1,556.890
201506 960.251 150.900 1,556.510
201509 1,000.153 153.500 1,593.729
201512 1,125.056 157.000 1,752.794
201603 1,053.681 160.200 1,608.804
201606 856.133 162.200 1,291.061
201609 891.115 163.300 1,334.763
201612 1,044.802 165.400 1,545.094
201703 951.446 167.000 1,393.555
201706 805.389 169.200 1,164.292
201709 837.437 168.200 1,217.819
201712 926.417 169.600 1,336.094
201803 0.000 171.000 0.000
201806 756.216 173.100 1,068.576
201809 805.695 173.900 1,133.255
201812 817.619 176.800 1,131.163
201903 0.000 179.900 0.000
201906 672.507 181.200 907.810
201909 753.153 180.800 1,018.923
201912 751.963 182.200 1,009.496
202003 821.796 184.500 1,089.492
202006 820.476 187.000 1,073.200
202009 890.920 187.400 1,162.855
202012 888.915 191.100 1,137.774
202103 959.355 195.200 1,202.143
202106 971.343 199.100 1,193.322
202109 1,060.800 201.300 1,288.980
202112 1,047.218 207.200 1,236.243
202203 1,107.506 227.800 1,189.183
202206 1,141.523 230.800 1,209.777
202209 1,196.990 228.800 1,279.649
202212 1,212.336 231.900 1,278.730
202303 1,296.932 235.800 1,345.333
202306 1,313.110 238.300 1,347.825
202309 1,389.392 242.600 1,400.846
202312 1,407.678 244.600 1,407.678

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


Moscow City Telephone Network PJSC  (MIC:MGTS) 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.

Moscow City Telephone Network PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1705.00/1300.96
=1.31

* 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 Moscow City Telephone Network PJSC was 2.18. The lowest was 1.05. And the median was 1.52.


Be Aware

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


Moscow City Telephone Network PJSC Cyclically Adjusted Book per Share Related Terms

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


Moscow City Telephone Network PJSC (MIC:MGTS) Business Description

Traded in Other Exchanges
Address
No. 12, Building 3, Petrovsky Boulevard, Moscow, RUS, 127994
Moscow City Telephone Network PJSC provides fixed telephone services, Internet access, virtual private networks (VPN), digital television for more than 5,000 government agencies.

Moscow City Telephone Network PJSC (MIC:MGTS) Headlines

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