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Sacyr (SYRVF) Cyclically Adjusted Book per Share : $2.02 (As of Jun. 2023)


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What is Sacyr 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.

Sacyr's adjusted book value per share for the three months ended in Jun. 2023 was $1.073. 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 $2.02 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Sacyr's average Cyclically Adjusted Book Growth Rate was -7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.60% 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 Sacyr was -13.60% per year. The lowest was -15.80% per year. And the median was -14.80% per year.

As of today (2024-06-10), Sacyr's current stock price is $2.65026. Sacyr's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $2.02. Sacyr's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sacyr was 1.54. The lowest was 0.28. And the median was 0.70.


Sacyr Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sacyr'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.

Sacyr Cyclically Adjusted Book per Share Chart

Sacyr Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.76 3.82 3.70 2.85 2.02

Sacyr Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 2.24 2.11 2.40 2.02 2.02

Competitive Comparison of Sacyr's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Sacyr'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.


Sacyr's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sacyr's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sacyr 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, Sacyr's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=1.073/120.2784*120.2784
=1.073

Current CPI (Jun. 2023) = 120.2784.

Sacyr Quarterly Data

Book Value per Share CPI Adj_Book
201306 3.930 100.994 4.680
201309 3.842 100.597 4.594
201312 2.377 101.306 2.822
201403 2.501 100.139 3.004
201406 2.812 101.081 3.346
201409 2.889 100.441 3.460
201412 2.651 100.251 3.181
201503 2.715 99.474 3.283
201506 3.004 101.138 3.573
201509 3.711 99.559 4.483
201512 3.329 100.268 3.993
201603 3.382 98.638 4.124
201606 3.491 100.333 4.185
201609 3.448 99.737 4.158
201612 3.495 101.842 4.128
201703 3.514 100.896 4.189
201706 3.362 101.848 3.970
201709 3.636 101.524 4.308
201712 3.570 102.975 4.170
201803 2.665 102.122 3.139
201806 2.681 104.165 3.096
201809 2.770 103.818 3.209
201812 2.315 104.193 2.672
201903 2.234 103.488 2.596
201906 2.423 104.612 2.786
201909 2.201 103.905 2.548
201912 1.580 105.015 1.810
202003 1.376 103.469 1.600
202006 1.363 104.254 1.572
202009 1.232 103.521 1.431
202012 1.124 104.456 1.294
202103 1.156 104.857 1.326
202106 1.146 107.102 1.287
202109 1.246 107.669 1.392
202112 0.735 111.298 0.794
202203 0.905 115.153 0.945
202206 0.898 118.044 0.915
202209 0.945 117.221 0.970
202212 0.874 117.650 0.894
202306 1.073 120.278 1.073

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


Sacyr  (OTCPK:SYRVF) 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.

Sacyr's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.65026/2.02
=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 Sacyr was 1.54. The lowest was 0.28. And the median was 0.70.


Be Aware

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


Sacyr Cyclically Adjusted Book per Share Related Terms

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


Sacyr (SYRVF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sacyr SA (OTCPK:SYRVF) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Calle Condesa de Venadito, 7, Madrid, ESP, 28027
Sacyr SA develops complex infrastructure projects and provides construction services for various industrial markets. It constructs roads, buildings, water systems, plants, and equipment to enhance working environments within facilities. The company has four business divisions: construction (the majority of total revenue), concessions, services, and industrial. Its comprehensive range of services primarily relates to the maintenance of facilities, energy-efficient solutions, and environmental services geared toward water treatment and waste management. Concessions have been granted to Sacyr in various countries, as the company looks to build and maintain better transportation networks for the public. It operates on five continents, with Europe and South America both important regions.

Sacyr (SYRVF) Headlines

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