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FLIR Systems (BSP:F1LI34) Cyclically Adjusted Book per Share : R$0.00 (As of Mar. 2021)


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What is FLIR Systems 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.

FLIR Systems's adjusted book value per share for the three months ended in Mar. 2021 was R$81.925. 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$0.00 for the trailing ten years ended in Mar. 2021.

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 (2024-05-26), FLIR Systems's current stock price is R$305.60. FLIR Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 was R$0.00. FLIR Systems's Cyclically Adjusted PB Ratio of today is .


FLIR Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for FLIR Systems'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.

FLIR Systems Cyclically Adjusted Book per Share Chart

FLIR Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Book per Share
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FLIR Systems Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of FLIR Systems's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, FLIR Systems'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.


FLIR Systems's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FLIR Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FLIR Systems 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, FLIR Systems's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book= Book Value per Share /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=81.925/111.7544*111.7544
=81.925

Current CPI (Mar. 2021) = 111.7544.

FLIR Systems Quarterly Data

Book Value per Share CPI Adj_Book
201106 16.055 95.235 18.840
201109 17.367 95.727 20.275
201112 18.739 95.213 21.994
201203 18.816 96.783 21.727
201206 21.117 96.819 24.374
201209 21.644 97.633 24.775
201212 22.795 96.871 26.297
201303 21.296 98.209 24.233
201306 23.834 98.518 27.036
201309 25.684 98.790 29.055
201312 26.898 98.326 30.571
201403 27.051 99.695 30.323
201406 26.089 100.560 28.993
201409 26.916 100.428 29.952
201412 30.469 99.070 34.370
201503 35.611 99.621 39.948
201506 36.361 100.684 40.359
201509 45.915 100.392 51.112
201512 46.607 99.792 52.194
201603 44.819 100.470 49.853
201606 41.090 101.688 45.158
201609 39.514 101.861 43.352
201612 41.289 101.863 45.298
201703 39.417 102.862 42.825
201706 42.787 103.349 46.267
201709 42.762 104.136 45.891
201712 43.529 104.011 46.770
201803 42.665 105.290 45.285
201806 49.049 106.317 51.558
201809 57.658 106.507 60.499
201812 53.782 105.998 56.703
201903 53.979 107.251 56.246
201906 54.365 108.070 56.219
201909 57.414 108.329 59.229
201912 57.155 108.420 58.913
202003 63.886 108.902 65.560
202006 69.282 108.767 71.185
202009 74.482 109.815 75.797
202012 73.879 109.897 75.128
202103 81.925 111.754 81.925

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


FLIR Systems  (BSP:F1LI34) 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.


Be Aware

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


FLIR Systems Cyclically Adjusted Book per Share Related Terms

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


FLIR Systems (BSP:F1LI34) Business Description

Industry
Traded in Other Exchanges
N/A
Address
27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.

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