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Stanley Black & Decker (BSP:S1WK34) Cyclically Adjusted Book per Share : R$72.50 (As of Mar. 2024)


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What is Stanley Black & Decker 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.

Stanley Black & Decker's adjusted book value per share for the three months ended in Mar. 2024 was R$71.827. 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$72.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stanley Black & Decker's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Stanley Black & Decker was 16.60% per year. The lowest was -0.40% per year. And the median was 7.50% per year.

As of today (2024-05-26), Stanley Black & Decker's current stock price is R$114.60. Stanley Black & Decker's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$72.50. Stanley Black & Decker's Cyclically Adjusted PB Ratio of today is 1.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stanley Black & Decker was 4.50. The lowest was 1.28. And the median was 3.09.


Stanley Black & Decker Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stanley Black & Decker'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.

Stanley Black & Decker Cyclically Adjusted Book per Share Chart

Stanley Black & Decker 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 - 61.47 69.34 72.37 72.55

Stanley Black & Decker 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 73.19 71.26 73.86 72.55 72.50

Competitive Comparison of Stanley Black & Decker's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, Stanley Black & Decker'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.


Stanley Black & Decker's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stanley Black & Decker's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stanley Black & Decker's Cyclically Adjusted PB Ratio falls into.



Stanley Black & Decker 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, Stanley Black & Decker'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)
=71.827/131.7762*131.7762
=71.827

Current CPI (Mar. 2024) = 131.7762.

Stanley Black & Decker Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.365 100.560 33.239
201409 26.167 100.428 34.335
201412 27.025 99.070 35.947
201503 28.066 99.621 37.125
201506 28.637 100.684 37.480
201509 35.020 100.392 45.968
201512 36.626 99.792 48.365
201603 34.042 100.470 44.649
201606 32.264 101.688 41.810
201609 31.881 101.861 41.244
201612 34.994 101.863 45.271
201703 34.909 102.862 44.722
201706 37.531 103.349 47.854
201709 37.297 104.136 47.197
201712 40.387 104.011 51.168
201803 40.920 105.290 51.214
201806 45.506 106.317 56.403
201809 48.893 106.507 60.493
201812 45.469 105.998 56.527
201903 45.581 107.251 56.004
201906 47.641 108.070 58.092
201909 51.134 108.329 62.201
201912 52.850 108.420 64.235
202003 59.311 108.902 71.769
202006 71.481 108.767 86.602
202009 78.032 109.815 93.637
202012 77.524 109.897 92.958
202103 86.776 111.754 102.323
202106 80.815 114.631 92.902
202109 86.748 115.734 98.772
202112 94.955 117.630 106.375
202203 71.977 121.301 78.193
202206 72.227 125.017 76.132
202209 79.098 125.227 83.235
202212 83.251 125.222 87.609
202303 80.703 127.348 83.509
202306 75.504 128.729 77.291
202309 75.117 129.860 76.226
202312 72.212 129.419 73.527
202403 71.827 131.776 71.827

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


Stanley Black & Decker  (BSP:S1WK34) 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.

Stanley Black & Decker's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=114.60/72.5
=1.58

* 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 Stanley Black & Decker was 4.50. The lowest was 1.28. And the median was 3.09.


Be Aware

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


Stanley Black & Decker Cyclically Adjusted Book per Share Related Terms

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


Stanley Black & Decker (BSP:S1WK34) Business Description

Traded in Other Exchanges
Address
1000 Stanley Drive, New Britain, CT, USA, 06053
Stanley Black & Decker Inc is a manufacturer of hand and power tools. The company operates in two reportable segments namely Tools and Outdoor and Industrial. It generates maximum revenue from the Tools and Outdoor segment. The Tools and Outdoor segment is comprised of the Power Tools Group (PTG), Hand Tools, Accessories and Storage (HTAS), and Outdoor Power Equipment (Outdoor) businesses. Geographically, it derives a majority of its revenue from the United States.

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