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Esotiq & Henderson (WAR:EAH) Cyclically Adjusted Book per Share : zł31.22 (As of Sep. 2023)


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What is Esotiq & Henderson 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.

Esotiq & Henderson's adjusted book value per share for the three months ended in Sep. 2023 was zł30.515. 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 zł31.22 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Esotiq & Henderson's average Cyclically Adjusted Book Growth Rate was 12.80% 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.

As of today (2024-05-29), Esotiq & Henderson's current stock price is zł41.60. Esotiq & Henderson's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł31.22. Esotiq & Henderson's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Esotiq & Henderson was 2.99. The lowest was 0.70. And the median was 1.15.


Esotiq & Henderson Cyclically Adjusted Book per Share Historical Data

The historical data trend for Esotiq & Henderson'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.

Esotiq & Henderson Cyclically Adjusted Book per Share Chart

Esotiq & Henderson Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 24.95

Esotiq & Henderson Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 27.67 28.51 30.87 31.24 31.22

Competitive Comparison of Esotiq & Henderson's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Esotiq & Henderson'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.


Esotiq & Henderson's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Esotiq & Henderson's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Esotiq & Henderson 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, Esotiq & Henderson's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=30.515/146.1131*146.1131
=30.515

Current CPI (Sep. 2023) = 146.1131.

Esotiq & Henderson Quarterly Data

Book Value per Share CPI Adj_Book
201309 16.687 100.936 24.156
201312 17.270 101.018 24.980
201403 17.836 101.262 25.736
201406 18.692 101.180 26.993
201409 19.327 100.611 28.068
201412 19.711 100.122 28.765
201503 19.491 100.041 28.467
201506 19.556 100.448 28.447
201509 22.883 99.634 33.558
201512 21.988 99.471 32.298
201603 20.690 98.983 30.542
201606 20.429 99.552 29.984
201609 20.067 99.064 29.598
201612 20.938 100.366 30.482
201703 20.453 101.018 29.584
201706 20.934 101.180 30.231
201709 18.826 101.343 27.143
201712 19.741 102.564 28.123
201803 19.823 102.564 28.240
201806 20.253 103.378 28.625
201809 21.010 103.378 29.695
201812 21.937 103.785 30.884
201903 21.699 104.274 30.406
201906 22.298 105.983 30.741
201909 23.031 105.983 31.752
201912 24.237 107.123 33.059
202003 23.554 109.076 31.552
202006 24.587 109.402 32.838
202009 26.336 109.320 35.200
202012 26.959 109.565 35.952
202103 28.186 112.658 36.556
202106 34.059 113.960 43.668
202109 35.670 115.588 45.090
202112 34.872 119.088 42.786
202203 28.660 125.031 33.493
202206 27.797 131.705 30.838
202209 29.810 135.531 32.138
202303 29.471 145.950 29.504
202306 28.420 147.009 28.247
202309 30.515 146.113 30.515

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


Esotiq & Henderson  (WAR:EAH) 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.

Esotiq & Henderson's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.60/31.22
=1.33

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Esotiq & Henderson was 2.99. The lowest was 0.70. And the median was 1.15.


Be Aware

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


Esotiq & Henderson Cyclically Adjusted Book per Share Related Terms

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


Esotiq & Henderson (WAR:EAH) Business Description

Traded in Other Exchanges
N/A
Address
ulica Szybowcowa 8A, Gdansk, POL, 80-298
Esotiq & Henderson SA manufactures and distributes branded underwear products. The Company offers basic, premium and fashion underwear products for both men and women. It also offers a wide range of underwear, bathing suits and pyjamas that follow global trends as well as a selection of cosmetics and perfumes.

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