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Grupo Empresarialn Jose (XMAD:GSJ) Cyclically Adjusted Book per Share : €1.20 (As of Dec. 2023)


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What is Grupo Empresarialn Jose 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.

Grupo Empresarialn Jose's adjusted book value per share for the three months ended in Dec. 2023 was €2.789. 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 €1.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Grupo Empresarialn Jose's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.00% 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 Grupo Empresarialn Jose was -9.00% per year. The lowest was -11.40% per year. And the median was -10.20% per year.

As of today (2024-05-14), Grupo Empresarialn Jose's current stock price is €4.74. Grupo Empresarialn Jose's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €1.20. Grupo Empresarialn Jose's Cyclically Adjusted PB Ratio of today is 3.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Empresarialn Jose was 4.65. The lowest was 2.03. And the median was 3.31.


Grupo Empresarialn Jose Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo Empresarialn Jose'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.

Grupo Empresarialn Jose Cyclically Adjusted Book per Share Chart

Grupo Empresarialn Jose 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 1.67 1.59 1.33 1.16 1.20

Grupo Empresarialn Jose 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 1.16 1.14 1.14 1.15 1.20

Competitive Comparison of Grupo Empresarialn Jose's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Grupo Empresarialn Jose'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.


Grupo Empresarialn Jose's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Grupo Empresarialn Jose's Cyclically Adjusted PB Ratio falls into.



Grupo Empresarialn Jose 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, Grupo Empresarialn Jose'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)
=2.789/121.2698*121.2698
=2.789

Current CPI (Dec. 2023) = 121.2698.

Grupo Empresarialn Jose Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.491 100.139 0.595
201406 0.069 101.081 0.083
201409 0.128 100.441 0.155
201412 -1.257 100.251 -1.521
201503 0.604 99.474 0.736
201506 -0.824 101.138 -0.988
201509 0.707 99.559 0.861
201512 -0.862 100.268 -1.043
201603 0.697 98.638 0.857
201606 -0.798 100.333 -0.965
201609 0.774 99.737 0.941
201612 -0.676 101.842 -0.805
201703 0.986 100.896 1.185
201706 -0.697 101.848 -0.830
201709 0.934 101.524 1.116
201712 -0.757 102.975 -0.891
201803 0.912 102.122 1.083
201806 -0.787 104.165 -0.916
201809 0.932 103.818 1.089
201812 -0.467 104.193 -0.544
201903 1.243 103.488 1.457
201906 -0.247 104.612 -0.286
201909 1.610 103.905 1.879
201912 2.091 105.015 2.415
202003 2.133 103.469 2.500
202006 2.115 104.254 2.460
202009 1.968 103.521 2.305
202012 2.204 104.456 2.559
202103 2.323 104.857 2.687
202106 2.299 107.102 2.603
202109 2.153 107.669 2.425
202112 2.332 111.298 2.541
202203 2.482 115.153 2.614
202206 2.532 118.044 2.601
202209 2.665 117.221 2.757
202212 2.683 117.650 2.766
202303 2.898 118.948 2.955
202306 2.880 120.278 2.904
202309 2.832 121.343 2.830
202312 2.789 121.270 2.789

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


Grupo Empresarialn Jose  (XMAD:GSJ) 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.

Grupo Empresarialn Jose's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.74/1.2
=3.95

* 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 Grupo Empresarialn Jose was 4.65. The lowest was 2.03. And the median was 3.31.


Be Aware

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


Grupo Empresarialn Jose Cyclically Adjusted Book per Share Related Terms

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


Grupo Empresarialn Jose (XMAD:GSJ) Business Description

Traded in Other Exchanges
Address
Rosalia de Castro, 44, Pontevedra, ESP, 36001
Grupo Empresarial San Jose SA is a holding company. It constructs hospitals, buildings and facilities, energy power plants, and infrastructure projects, as well as conserves parks and gardens; and undertakes civil, and engineering and industrial construction works. The company also researches and develops energy efficiency and renewable energy projects; and provides consultancy and project management services for real estate management, technology, and development projects.

Grupo Empresarialn Jose (XMAD:GSJ) Headlines

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