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Jastrzebska Spolka Weglowa (STU:J2S) Cyclically Adjusted Book per Share : €20.44 (As of Mar. 2024)


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What is Jastrzebska Spolka Weglowa 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.

Jastrzebska Spolka Weglowa's adjusted book value per share for the three months ended in Mar. 2024 was €32.315. 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 €20.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jastrzebska Spolka Weglowa's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% 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 Jastrzebska Spolka Weglowa was 12.00% per year. The lowest was 12.00% per year. And the median was 12.00% per year.

As of today (2024-06-10), Jastrzebska Spolka Weglowa's current stock price is €5.546. Jastrzebska Spolka Weglowa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.44. Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jastrzebska Spolka Weglowa was 1.09. The lowest was 0.19. And the median was 0.50.


Jastrzebska Spolka Weglowa Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jastrzebska Spolka Weglowa'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.

Jastrzebska Spolka Weglowa Cyclically Adjusted Book per Share Chart

Jastrzebska Spolka Weglowa 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 - 14.33 14.68 15.73 19.95

Jastrzebska Spolka Weglowa 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 18.33 19.59 17.84 19.95 20.44

Competitive Comparison of Jastrzebska Spolka Weglowa's Cyclically Adjusted Book per Share

For the Coking Coal subindustry, Jastrzebska Spolka Weglowa'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.


Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio falls into.



Jastrzebska Spolka Weglowa 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, Jastrzebska Spolka Weglowa'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)
=32.315/149.0435*149.0435
=32.315

Current CPI (Mar. 2024) = 149.0435.

Jastrzebska Spolka Weglowa Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.413 101.180 22.704
201409 15.436 100.611 22.867
201412 13.964 100.122 20.787
201503 13.525 100.041 20.150
201506 12.696 100.448 18.838
201509 12.691 99.634 18.985
201512 7.530 99.471 11.283
201603 7.419 98.983 11.171
201606 7.229 99.552 10.823
201609 6.974 99.064 10.493
201612 7.858 100.366 11.669
201703 9.274 101.018 13.683
201706 10.387 101.180 15.301
201709 11.069 101.343 16.279
201712 12.544 102.564 18.229
201803 14.009 102.564 20.358
201806 14.629 103.378 21.091
201809 15.347 103.378 22.126
201812 15.867 103.785 22.786
201903 16.651 104.274 23.800
201906 16.931 105.983 23.810
201909 16.824 105.983 23.660
201912 16.617 107.123 23.120
202003 16.101 109.076 22.001
202006 14.659 109.402 19.971
202009 14.448 109.320 19.698
202012 13.587 109.565 18.483
202103 13.189 112.658 17.449
202106 12.864 113.960 16.824
202109 13.325 115.588 17.182
202112 15.516 119.088 19.419
202203 19.033 125.031 22.688
202206 23.683 131.705 26.801
202209 27.784 135.531 30.554
202212 30.519 139.113 32.698
202303 33.026 145.950 33.726
202306 34.474 147.009 34.951
202309 32.041 146.113 32.684
202312 32.336 147.741 32.621
202403 32.315 149.044 32.315

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


Jastrzebska Spolka Weglowa  (STU:J2S) 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.

Jastrzebska Spolka Weglowa's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.546/20.44
=0.27

* 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 Jastrzebska Spolka Weglowa was 1.09. The lowest was 0.19. And the median was 0.50.


Be Aware

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


Jastrzebska Spolka Weglowa Cyclically Adjusted Book per Share Related Terms

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


Jastrzebska Spolka Weglowa (STU:J2S) Business Description

Industry
Traded in Other Exchanges
Address
Al. Jana Paw?a II 4, Jastrzebie Zdroj, POL, 44-330
Jastrzebska Spolka Weglowa SA is a coal producer, based in Poland, and it is one of the major producers within the European Union. The company predominantly produces hard coking coal which is an essential component in the production of steel, and in its coking plants, the company processes approximately half of the coking coal it produces. Additionally, the company is engaged in natural gas mining and generation, transmission and distribution of electricity. The company's products are sold domestically as well as to Germany, Austria, the Czech Republic, Slovakia, Romania and Hungary.

Jastrzebska Spolka Weglowa (STU:J2S) Headlines

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