GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bauer AG (OTCPK:BRAGF) » Definitions » Cyclically Adjusted Book per Share

Bauer AG (Bauer AG) Cyclically Adjusted Book per Share : $27.33 (As of Jun. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Bauer AG 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.

Bauer AG's adjusted book value per share for the three months ended in Jun. 2023 was $19.982. 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 $27.33 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Bauer AG's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.70% 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 Bauer AG was 0.70% per year. The lowest was -0.30% per year. And the median was 0.20% per year.

As of today (2024-05-22), Bauer AG's current stock price is $6.10. Bauer AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $27.33. Bauer AG's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bauer AG was 0.96. The lowest was 0.23. And the median was 0.46.


Bauer AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bauer AG'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.

Bauer AG Cyclically Adjusted Book per Share Chart

Bauer AG 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 23.17 28.17 40.51 28.26 28.90

Bauer AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 33.26 33.93 28.90 28.58 27.33

Competitive Comparison of Bauer AG's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Bauer AG'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.


Bauer AG's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Bauer AG 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, Bauer AG's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=19.982/123.1404*123.1404
=19.982

Current CPI (Jun. 2023) = 123.1404.

Bauer AG Quarterly Data

Book Value per Share CPI Adj_Book
201309 29.282 98.983 36.428
201312 29.996 99.356 37.177
201403 29.315 99.543 36.264
201406 28.397 99.543 35.129
201409 27.548 99.823 33.983
201412 27.157 99.543 33.595
201503 23.698 99.717 29.265
201506 25.060 100.417 30.731
201509 24.719 100.417 30.313
201512 26.367 99.717 32.561
201603 25.171 100.017 30.990
201606 25.142 100.717 30.740
201609 24.924 101.017 30.383
201612 25.010 101.217 30.427
201703 25.179 101.417 30.572
201706 25.900 102.117 31.232
201709 27.572 102.717 33.054
201712 27.120 102.617 32.544
201803 27.324 102.917 32.693
201806 26.600 104.017 31.490
201809 26.884 104.718 31.614
201812 26.876 104.217 31.756
201903 26.279 104.217 31.051
201906 25.875 105.718 30.139
201909 24.835 106.018 28.846
201912 23.398 105.818 27.228
202003 22.562 105.718 26.280
202006 20.456 106.618 23.626
202009 20.595 105.818 23.966
202012 24.472 105.518 28.559
202103 17.120 107.518 19.608
202106 20.723 108.486 23.522
202109 20.384 109.435 22.937
202112 20.703 110.384 23.096
202203 20.626 113.968 22.286
202206 21.595 115.760 22.972
202209 20.573 118.818 21.321
202212 15.588 119.345 16.084
202303 19.802 122.402 19.921
202306 19.982 123.140 19.982

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


Bauer AG  (OTCPK:BRAGF) 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.

Bauer AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.10/27.33
=0.22

* 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 Bauer AG was 0.96. The lowest was 0.23. And the median was 0.46.


Be Aware

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


Bauer AG Cyclically Adjusted Book per Share Related Terms

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


Bauer AG (Bauer AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bauer AG (OTCPK:BRAGF) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
BAUER-Strasse 1, Schrobenhausen, BY, DEU, 86529
Bauer AG along with its subsidiaries provides construction and engineering. The operations of the Group are divided into four business segments Construction, Equipment, Resources, and Corporate Services segment. The construction segment includes executing complex excavation pits and foundations for large-scale infrastructure projects and buildings, as well as cut-off walls and soil improvements. The majority is from the Construction segment.

Bauer AG (Bauer AG) Headlines

From GuruFocus

Bauer AG Stock Is Believed To Be Possible Value Trap

By GF Value GF Value 04-14-2021