GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Makarony Polskie SA (WAR:MAK) » Definitions » Cyclically Adjusted Book per Share

Makarony Polskie (WAR:MAK) Cyclically Adjusted Book per Share : zł12.04 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Makarony Polskie 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.

Makarony Polskie's adjusted book value per share for the three months ended in Mar. 2024 was zł14.378. 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 zł12.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Makarony Polskie's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 Makarony Polskie was 12.70% per year. The lowest was 6.20% per year. And the median was 10.80% per year.

As of today (2024-06-06), Makarony Polskie's current stock price is zł22.80. Makarony Polskie's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł12.04. Makarony Polskie's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Makarony Polskie was 2.29. The lowest was 0.51. And the median was 0.75.


Makarony Polskie Cyclically Adjusted Book per Share Historical Data

The historical data trend for Makarony Polskie'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.

Makarony Polskie Cyclically Adjusted Book per Share Chart

Makarony Polskie 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 7.99 8.27 9.17 10.87 11.83

Makarony Polskie 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 11.46 11.60 11.61 11.83 12.04

Competitive Comparison of Makarony Polskie's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Makarony Polskie'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.


Makarony Polskie's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Makarony Polskie's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Makarony Polskie 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, Makarony Polskie'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)
=14.378/149.0435*149.0435
=14.378

Current CPI (Mar. 2024) = 149.0435.

Makarony Polskie Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.044 101.180 10.376
201409 7.169 100.611 10.620
201412 7.293 100.122 10.856
201503 7.427 100.041 11.065
201506 7.386 100.448 10.959
201509 7.542 99.634 11.282
201512 7.664 99.471 11.483
201603 7.819 98.983 11.774
201606 7.574 99.552 11.339
201609 7.729 99.064 11.628
201612 7.872 100.366 11.690
201703 8.072 101.018 11.910
201706 7.952 101.180 11.714
201709 8.057 101.343 11.849
201712 8.141 102.564 11.830
201803 8.462 102.564 12.297
201806 8.314 103.378 11.987
201809 8.470 103.378 12.211
201812 8.486 103.785 12.187
201903 8.787 104.274 12.560
201906 8.614 105.983 12.114
201909 8.774 105.983 12.339
201912 8.647 107.123 12.031
202003 8.941 109.076 12.217
202006 9.077 109.402 12.366
202009 8.960 109.320 12.216
202012 9.211 109.565 12.530
202103 9.468 112.658 12.526
202106 9.573 113.960 12.520
202109 9.495 115.588 12.243
202112 10.990 119.088 13.754
202203 10.116 125.031 12.059
202206 10.192 131.705 11.534
202209 10.840 135.531 11.921
202212 11.133 139.113 11.928
202303 11.796 145.950 12.046
202306 12.035 147.009 12.202
202309 13.121 146.113 13.384
202312 13.521 147.741 13.640
202403 14.378 149.044 14.378

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


Makarony Polskie  (WAR:MAK) 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.

Makarony Polskie's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.80/12.04
=1.89

* 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 Makarony Polskie was 2.29. The lowest was 0.51. And the median was 0.75.


Be Aware

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


Makarony Polskie Cyclically Adjusted Book per Share Related Terms

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


Makarony Polskie (WAR:MAK) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Podkarpacka 15a, Rzeszow, POL, 35-082
Makarony Polskie SA is a Poland based company involved in manufacturing pasta products. The company's segments include Pasta; Meat and vegetable preserves; Vegetable and fruit preserves and other. It generates maximum revenue from the Pasta segment. Some of its products include spirals, elbows, farfalle, threads, shells, spaghetti, ribbons, waves, and others.

Makarony Polskie (WAR:MAK) Headlines

No Headlines