GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Stolt-Nielsen Ltd (CHIX:SNIo) » Definitions » Cyclically Adjusted Book per Share

Stolt-Nielsen (CHIX:SNIO) Cyclically Adjusted Book per Share : kr203.79 (As of Feb. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Stolt-Nielsen 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.

Stolt-Nielsen's adjusted book value per share for the three months ended in Feb. 2024 was kr317.768. 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 kr203.79 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Stolt-Nielsen's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 Stolt-Nielsen was 8.20% per year. The lowest was -3.30% per year. And the median was 1.85% per year.

As of today (2024-06-06), Stolt-Nielsen's current stock price is kr476.50. Stolt-Nielsen's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was kr203.79. Stolt-Nielsen's Cyclically Adjusted PB Ratio of today is 2.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stolt-Nielsen was 2.24. The lowest was 0.43. And the median was 0.75.


Stolt-Nielsen Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stolt-Nielsen'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.

Stolt-Nielsen Cyclically Adjusted Book per Share Chart

Stolt-Nielsen Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172.68 175.77 175.65 196.87 253.57

Stolt-Nielsen Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 204.40 216.41 197.98 253.57 203.79

Competitive Comparison of Stolt-Nielsen's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Stolt-Nielsen'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.


Stolt-Nielsen's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Stolt-Nielsen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stolt-Nielsen 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, Stolt-Nielsen's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=317.768/130.9299*130.9299
=317.768

Current CPI (Feb. 2024) = 130.9299.

Stolt-Nielsen Quarterly Data

Book Value per Share CPI Adj_Book
201405 159.802 100.373 208.452
201408 167.772 100.352 218.893
201411 170.846 99.635 224.509
201502 188.391 99.032 249.072
201505 187.553 100.333 244.749
201508 204.101 100.548 265.773
201511 166.227 100.135 217.348
201602 166.334 100.040 217.695
201605 202.872 101.355 262.069
201608 150.150 101.617 193.463
201611 149.972 101.829 192.831
201702 152.100 102.779 193.760
201705 155.317 103.256 196.945
201708 148.028 103.587 187.101
201711 156.209 104.072 196.521
201802 158.236 105.052 197.215
201805 160.782 106.148 198.320
201808 161.231 106.383 198.433
201811 164.224 106.338 202.204
201902 165.402 106.649 203.059
201905 161.473 108.048 195.669
201908 161.414 108.245 195.242
201911 166.388 108.519 200.750
202002 166.663 109.139 199.939
202005 165.172 108.175 199.916
202008 157.878 109.662 188.497
202011 192.954 109.793 230.100
202102 184.578 110.968 217.781
202105 183.618 113.576 211.674
202108 195.642 115.421 221.930
202111 192.368 117.269 214.777
202202 205.705 119.703 224.998
202205 230.419 123.323 244.632
202208 238.429 124.958 249.824
202211 261.553 125.607 272.636
202302 279.468 126.928 288.280
202305 281.890 128.314 287.636
202308 289.592 129.538 292.705
202311 310.676 129.548 313.990
202402 317.768 130.930 317.768

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


Stolt-Nielsen  (CHIX:SNIo) 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.

Stolt-Nielsen's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=476.50/203.79
=2.34

* 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 Stolt-Nielsen was 2.24. The lowest was 0.43. And the median was 0.75.


Be Aware

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


Stolt-Nielsen Cyclically Adjusted Book per Share Related Terms

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


Stolt-Nielsen (CHIX:SNIO) Business Description

Industry
Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Stolt-Nielsen Ltd is a transportation and logistics company domiciled in Bermuda. The company organizes itself into five business segments: tankers, tank containers, terminals, Stolt-Nielsen Gas, and Stolt Sea Farm. The Group generates the majority of its operating revenue through its tanker segment from the transportation of liquids by sea and inland waterways under contracts of affreightment or through contracts on the spot market.

Stolt-Nielsen (CHIX:SNIO) Headlines

No Headlines