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Yandex NV (MIC:YNDX) Cyclically Adjusted Book per Share : ₽1,885.24 (As of Mar. 2024)


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What is Yandex 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.

Yandex NV's adjusted book value per share for the three months ended in Mar. 2024 was ₽853.971. 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 ₽1,885.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yandex NV's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.20% 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 Yandex NV was 19.20% per year. The lowest was 16.20% per year. And the median was 17.70% per year.

As of today (2024-06-10), Yandex NV's current stock price is ₽4222.00. Yandex NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₽1,885.24. Yandex NV's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Yandex NV was 13.49. The lowest was 2.12. And the median was 6.58.


Yandex NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Yandex 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.

Yandex NV Cyclically Adjusted Book per Share Chart

Yandex 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 297.67 410.62 503.58 779.33 1,165.40

Yandex NV 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 830.32 1,092.28 1,097.10 1,165.40 1,885.24

Competitive Comparison of Yandex NV's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Yandex 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.


Yandex NV's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Yandex NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yandex 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, Yandex NV'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)
=853.971/128.5800*128.5800
=853.971

Current CPI (Mar. 2024) = 128.5800.

Yandex NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 143.839 99.240 186.365
201409 157.494 99.960 202.587
201412 168.886 99.050 219.236
201503 178.888 99.750 230.591
201506 185.676 100.230 238.194
201509 205.956 100.500 263.501
201512 219.566 99.730 283.082
201603 224.610 100.310 287.911
201606 231.035 100.260 296.294
201609 238.276 100.570 304.639
201612 238.940 100.710 305.063
201703 242.313 101.440 307.143
201706 248.119 101.370 314.720
201709 252.667 102.030 318.415
201712 253.830 101.970 320.069
201803 432.161 102.470 542.278
201806 546.510 103.100 681.574
201809 549.365 103.950 679.532
201812 550.832 103.970 681.216
201903 559.242 105.370 682.427
201906 572.816 105.840 695.887
201909 592.893 106.700 714.472
201912 590.945 106.800 711.458
202003 639.211 106.850 769.207
202006 792.752 107.510 948.117
202009 911.911 107.880 1,086.888
202012 917.083 107.850 1,093.357
202103 926.190 108.870 1,093.869
202106 920.636 109.670 1,079.378
202109 720.144 110.790 835.780
202112 719.749 114.010 811.730
202203 652.998 119.460 702.850
202206 735.831 119.050 794.735
202209 849.996 126.890 861.317
202212 875.031 124.940 900.524
202303 885.643 124.720 913.053
202306 816.500 125.830 834.345
202309 835.372 127.160 844.701
202312 819.615 126.450 833.421
202403 853.971 128.580 853.971

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


Yandex NV  (MIC:YNDX) 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.

Yandex NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4222.00/1885.24
=2.24

* 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 Yandex NV was 13.49. The lowest was 2.12. And the median was 6.58.


Be Aware

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


Yandex NV Cyclically Adjusted Book per Share Related Terms

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


Yandex NV (MIC:YNDX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Schiphol Boulevard 165, Schiphol P7, Schiphol, NLD, 1118 BG
Yandex NV is an internet and technology company and operating internet search engines in Russia. It builds products and services powered by machine learning. The company operates through the following segments namely, Search and Portal; E-commerce, Mobility and Delivery; Plus and Entertainment Services; Classifieds; Media Services; Classifieds, and Other Business units. The search and Portal segment offers services in Russia, Belarus, and Kazakhstan which generates most of the revenue.