GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aptiv PLC (BSP:APTV34) » Definitions » Cyclically Adjusted Book per Share

Aptiv (BSP:APTV34) Cyclically Adjusted Book per Share : R$54.19 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Aptiv 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.

Aptiv's adjusted book value per share for the three months ended in Mar. 2024 was R$101.777. 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 R$54.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aptiv's average Cyclically Adjusted Book Growth Rate was 17.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.40% 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 Aptiv was 24.40% per year. The lowest was 22.10% per year. And the median was 23.25% per year.

As of today (2024-06-06), Aptiv's current stock price is R$217.20. Aptiv's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$54.19. Aptiv's Cyclically Adjusted PB Ratio of today is 4.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aptiv was 14.09. The lowest was 3.15. And the median was 6.76.


Aptiv Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aptiv'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.

Aptiv Cyclically Adjusted Book per Share Chart

Aptiv 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 20.00 28.35 40.45 46.71 51.28

Aptiv 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 46.85 47.26 52.22 51.28 54.19

Competitive Comparison of Aptiv's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Aptiv'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.


Aptiv's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aptiv's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Aptiv 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, Aptiv'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)
=101.777/120.9901*120.9901
=101.777

Current CPI (Mar. 2024) = 120.9901.

Aptiv Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.607 100.773 13.936
201409 11.404 100.474 13.733
201412 11.370 99.576 13.815
201503 11.691 99.975 14.148
201506 13.550 100.573 16.301
201509 16.107 100.274 19.435
201512 15.693 99.676 19.049
201603 15.305 99.676 18.578
201606 14.942 101.072 17.887
201609 15.302 100.274 18.463
201612 14.924 99.676 18.115
201703 15.056 100.374 18.148
201706 17.876 100.673 21.484
201709 18.871 100.474 22.724
201712 20.445 100.075 24.718
201803 21.469 100.573 25.827
201806 25.081 101.072 30.024
201809 28.066 101.371 33.498
201812 25.833 100.773 31.016
201903 25.457 101.670 30.295
201906 26.480 102.168 31.358
201909 28.722 102.268 33.980
201912 30.701 102.068 36.392
202003 47.653 102.367 56.322
202006 66.693 101.769 79.289
202009 73.623 101.072 88.132
202012 75.306 101.072 90.147
202103 84.142 102.367 99.449
202106 77.349 103.364 90.539
202109 80.929 104.859 93.379
202112 87.244 106.653 98.972
202203 77.112 109.245 85.402
202206 75.445 112.779 80.938
202209 79.302 113.504 84.533
202212 85.268 115.436 89.371
202303 86.416 117.609 88.900
202306 79.218 119.662 80.097
202309 94.103 120.749 94.291
202312 101.391 120.749 101.594
202403 101.777 120.990 101.777

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


Aptiv  (BSP:APTV34) 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.

Aptiv's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=217.20/54.19
=4.01

* 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 Aptiv was 14.09. The lowest was 3.15. And the median was 6.76.


Be Aware

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


Aptiv Cyclically Adjusted Book per Share Related Terms

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


Aptiv (BSP:APTV34) Business Description

Industry
Traded in Other Exchanges
Address
5 Hanover Quay, Grand Canal Dock, Dublin, IRL, D02 VY79
Aptiv's signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The advanced safety and user experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. Aptiv's largest customers are General Motors and Stellantis, both at roughly 9% of 2022 revenue, followed by Ford and Volkswagen, both at 8%. North America and Europe represented approximately 37% and 31% of total 2022 revenue, respectively.

Aptiv (BSP:APTV34) Headlines

No Headlines