GURUFOCUS.COM » STOCK LIST » Industrials » Construction » P A Nova SA (WAR:NVA) » Definitions » Cyclically Adjusted Book per Share

P A Nova (WAR:NVA) Cyclically Adjusted Book per Share : zł49.39 (As of Mar. 2024)


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

What is P A Nova 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.

P A Nova's adjusted book value per share for the three months ended in Mar. 2024 was zł48.677. 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 zł49.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, P A Nova's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 P A Nova was 13.00% per year. The lowest was 8.70% per year. And the median was 12.30% per year.

As of today (2024-05-27), P A Nova's current stock price is zł16.50. P A Nova's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł49.39. P A Nova's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of P A Nova was 0.83. The lowest was 0.24. And the median was 0.38.


P A Nova Cyclically Adjusted Book per Share Historical Data

The historical data trend for P A Nova'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.

P A Nova Cyclically Adjusted Book per Share Chart

P A Nova 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 31.94 33.85 38.04 45.28 48.81

P A Nova 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 47.67 48.21 48.10 48.81 49.39

Competitive Comparison of P A Nova's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, P A Nova'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.


P A Nova's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



P A Nova 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, P A Nova'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)
=48.677/149.0435*149.0435
=48.677

Current CPI (Mar. 2024) = 149.0435.

P A Nova Quarterly Data

Book Value per Share CPI Adj_Book
201406 28.811 101.180 42.440
201409 29.147 100.611 43.178
201412 29.325 100.122 43.654
201503 30.488 100.041 45.422
201506 30.058 100.448 44.600
201509 30.255 99.634 45.259
201512 30.508 99.471 45.712
201603 31.247 98.983 47.050
201606 30.546 99.552 45.732
201609 31.747 99.064 47.764
201612 32.097 100.366 47.664
201703 33.530 101.018 49.471
201706 33.684 101.180 49.618
201709 34.164 101.343 50.244
201712 34.705 102.564 50.432
201803 35.571 102.564 51.691
201806 35.538 103.378 51.236
201809 36.423 103.378 52.512
201812 35.706 103.785 51.277
201903 36.558 104.274 52.254
201906 37.831 105.983 53.202
201909 37.728 105.983 53.057
201912 39.442 107.123 54.877
202003 38.736 109.076 52.930
202006 39.196 109.402 53.399
202009 39.542 109.320 53.910
202012 39.363 109.565 53.547
202103 40.024 112.658 52.951
202106 41.276 113.960 53.983
202109 41.714 115.588 53.788
202112 42.177 119.088 52.786
202203 42.582 125.031 50.760
202206 42.493 131.705 48.087
202209 41.577 135.531 45.722
202212 43.565 139.113 46.675
202303 45.777 145.950 46.747
202306 46.702 147.009 47.348
202309 46.700 146.113 47.637
202312 48.011 147.741 48.434
202403 48.677 149.044 48.677

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


P A Nova  (WAR:NVA) 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.

P A Nova's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.50/49.39
=0.33

* 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 13 years, the highest Cyclically Adjusted PB Ratio of P A Nova was 0.83. The lowest was 0.24. And the median was 0.38.


Be Aware

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


P A Nova Cyclically Adjusted Book per Share Related Terms

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


P A Nova (WAR:NVA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » P A Nova SA (WAR:NVA) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
ul. Upper Ramparts 42, Gliwice, POL, 44-100
P A Nova SA is a Poland based company engaged in offering services in the implementation of construction projects. Its portfolio includes commercial properties for retail chains, industrial halls, warehouses, petrol stations, shopping centres and commercial parks, bus and train stations, schools, sports fields, houses, and roads.

P A Nova (WAR:NVA) Headlines

No Headlines