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Mostostal Plock (WAR:MSP) Cyclically Adjusted Book per Share : zł21.70 (As of Mar. 2023)


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What is Mostostal Plock 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.

Mostostal Plock's adjusted book value per share for the three months ended in Mar. 2023 was zł18.511. 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 zł21.70 for the trailing ten years ended in Mar. 2023.

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 (2024-06-02), Mostostal Plock's current stock price is zł14.00. Mostostal Plock's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was zł21.70. Mostostal Plock's Cyclically Adjusted PB Ratio of today is 0.65.


Mostostal Plock Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mostostal Plock'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.

Mostostal Plock Cyclically Adjusted Book per Share Chart

Mostostal Plock 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 23.54 23.06 20.32 19.79 21.27

Mostostal Plock Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 20.45 21.09 21.22 21.27 21.70

Competitive Comparison of Mostostal Plock's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Mostostal Plock'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.


Mostostal Plock's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Mostostal Plock 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, Mostostal Plock's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=18.511/145.9503*145.9503
=18.511

Current CPI (Mar. 2023) = 145.9503.

Mostostal Plock Quarterly Data

Book Value per Share CPI Adj_Book
201306 25.338 100.855 36.667
201309 23.256 100.936 33.627
201312 18.836 101.018 27.214
201403 18.249 101.262 26.303
201406 19.012 101.180 27.424
201409 19.366 100.611 28.093
201412 19.617 100.122 28.596
201503 19.696 100.041 28.735
201506 18.357 100.448 26.673
201509 18.456 99.634 27.036
201512 18.457 99.471 27.081
201603 17.731 98.983 26.144
201606 16.689 99.552 24.467
201609 16.743 99.064 24.667
201612 15.970 100.366 23.223
201703 16.377 101.018 23.662
201706 16.471 101.180 23.759
201709 16.021 101.343 23.073
201712 10.971 102.564 15.612
201803 7.776 102.564 11.065
201806 5.088 103.378 7.183
201809 6.175 103.378 8.718
201812 7.637 103.785 10.740
201903 8.634 104.274 12.085
201906 0.000 105.983 0.000
201909 0.000 105.983 0.000
201912 10.210 107.123 13.911
202003 10.719 109.076 14.343
202006 11.294 109.402 15.067
202009 12.879 109.320 17.194
202012 12.445 109.565 16.578
202103 13.082 112.658 16.948
202106 17.172 113.960 21.992
202109 19.167 115.588 24.202
202112 21.569 119.088 26.434
202203 22.492 125.031 26.255
202206 18.985 131.705 21.038
202209 18.887 135.531 20.339
202212 18.950 139.113 19.881
202303 18.511 145.950 18.511

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


Mostostal Plock  (WAR:MSP) 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.

Mostostal Plock's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.00/21.7
=0.65

* 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.


Be Aware

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


Mostostal Plock Cyclically Adjusted Book per Share Related Terms

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


Mostostal Plock (WAR:MSP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
ul. Targowa 12, Plock, POL, 09-400
Mostostal Plock SA operates in the construction and assembly industry. It provides service such as construction and assembly of tanks, pipelines and industrial equipment, execution and assembly of steel, light, medium and heavy structures.

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