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Doverie Obed Hl (XBUL:DUH) Cyclically Adjusted Book per Share : лв10.33 (As of Dec. 2023)


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What is Doverie Obed Hl 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.

Doverie Obed Hl's adjusted book value per share for the three months ended in Dec. 2023 was лв22.378. 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 лв10.33 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Doverie Obed Hl's average Cyclically Adjusted Book Growth Rate was 20.80% 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 (2024-05-23), Doverie Obed Hl's current stock price is лв8.96. Doverie Obed Hl's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was лв10.33. Doverie Obed Hl's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Doverie Obed Hl was 1.18. The lowest was 0.81. And the median was 0.89.


Doverie Obed Hl Cyclically Adjusted Book per Share Historical Data

The historical data trend for Doverie Obed Hl'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.

Doverie Obed Hl Cyclically Adjusted Book per Share Chart

Doverie Obed Hl 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 - - - 8.55 10.33

Doverie Obed Hl Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.55 9.08 9.48 9.90 10.33

Competitive Comparison of Doverie Obed Hl's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Doverie Obed Hl'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.


Doverie Obed Hl's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Doverie Obed Hl's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Doverie Obed Hl 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, Doverie Obed Hl's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=22.378/129.4194*129.4194
=22.378

Current CPI (Dec. 2023) = 129.4194.

Doverie Obed Hl Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 3.694 100.560 4.754
201409 4.246 100.428 5.472
201412 4.070 99.070 5.317
201503 3.796 99.621 4.931
201506 3.627 100.684 4.662
201509 3.446 100.392 4.442
201512 3.542 99.792 4.594
201603 3.500 100.470 4.508
201606 3.534 101.688 4.498
201609 3.584 101.861 4.554
201612 3.688 101.863 4.686
201703 0.000 102.862 0.000
201706 3.789 103.349 4.745
201709 3.453 104.136 4.291
201712 3.340 104.011 4.156
201803 3.256 105.290 4.002
201806 3.241 106.317 3.945
201809 3.347 106.507 4.067
201812 3.427 105.998 4.184
201903 3.877 107.251 4.678
201906 3.776 108.070 4.522
201909 3.613 108.329 4.316
201912 12.794 108.420 15.272
202003 12.343 108.902 14.669
202006 13.170 108.767 15.671
202009 13.215 109.815 15.574
202012 12.627 109.897 14.870
202103 12.904 111.754 14.944
202106 13.260 114.631 14.971
202109 15.882 115.734 17.760
202112 14.940 117.630 16.437
202203 15.346 121.301 16.373
202206 16.514 125.017 17.096
202209 18.875 125.227 19.507
202212 18.149 125.222 18.757
202303 19.612 127.348 19.931
202306 20.632 128.729 20.743
202309 22.307 129.860 22.231
202312 22.378 129.419 22.378

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


Doverie Obed Hl  (XBUL:DUH) 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.

Doverie Obed Hl's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.96/10.33
=0.87

* 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 Doverie Obed Hl was 1.18. The lowest was 0.81. And the median was 0.89.


Be Aware

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


Doverie Obed Hl Cyclically Adjusted Book per Share Related Terms

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


Doverie Obed Hl (XBUL:DUH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5 Lachezar Stanchev Str., Building A, floor 7, Sopharma Business Towers, Sofia, BGR, 1756
Doverie Obed Hl is a holding company that unites companies which carry out their activities in the field of commercial banking, health care, wine making, residential building, household chemicals, purchase/sale of DIY goods, renting out real estate and movable property and others. The company has the following operating segments Banking sector, Insurance sector Trade in 'do it yourself' goods, Non-financial enterprises performing financial services, Medical services, Detergents & household chemicals and Others The majority of revenue is from the Banking sector.

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