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Con-way (Con-way) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2015)


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What is Con-way 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.

Con-way's adjusted book value per share for the three months ended in Jun. 2015 was $21.018. 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 $0.00 for the trailing ten years ended in Jun. 2015.

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 (2024-05-05), Con-way's current stock price is $47.55. Con-way's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 was $0.00. Con-way's Cyclically Adjusted PB Ratio of today is .


Con-way Cyclically Adjusted Book per Share Historical Data

The historical data trend for Con-way'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.

Con-way Cyclically Adjusted Book per Share Chart

Con-way Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Book per Share
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Con-way Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Con-way's Cyclically Adjusted Book per Share

For the Trucking subindustry, Con-way'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.


Con-way's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Con-way 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, Con-way's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book= Book Value per Share /CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=21.018/100.6839*100.6839
=21.018

Current CPI (Jun. 2015) = 100.6839.

Con-way Quarterly Data

Book Value per Share CPI Adj_Book
200509 17.068 83.876 20.488
200512 17.180 83.032 20.832
200603 17.809 84.298 21.271
200606 15.982 85.606 18.797
200609 16.665 85.606 19.600
200612 15.948 85.142 18.859
200703 16.371 86.640 19.025
200706 16.552 87.906 18.958
200709 17.389 87.964 19.903
200712 20.105 88.616 22.843
200803 18.782 90.090 20.991
200806 21.556 92.320 23.509
200809 22.453 92.307 24.491
200812 13.552 88.697 15.383
200903 8.905 89.744 9.991
200906 14.513 91.003 16.057
200909 14.956 91.120 16.526
200912 13.882 91.111 15.341
201003 13.991 91.821 15.341
201006 15.730 91.962 17.222
201009 15.649 92.162 17.096
201012 14.937 92.474 16.263
201103 15.160 94.283 16.189
201106 15.686 95.235 16.584
201109 16.159 95.727 16.996
201112 13.656 95.213 14.441
201203 14.075 96.783 14.642
201206 14.720 96.819 15.308
201209 15.194 97.633 15.669
201212 14.976 96.871 15.565
201303 15.246 98.209 15.630
201306 15.926 98.518 16.276
201309 16.592 98.790 16.910
201312 20.004 98.326 20.484
201403 20.141 99.695 20.341
201406 21.049 100.560 21.075
201409 21.824 100.428 21.880
201412 20.736 99.070 21.074
201503 20.689 99.621 20.910
201506 21.018 100.684 21.018

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


Con-way  (NYSE:CNW) 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.


Con-way Cyclically Adjusted Book per Share Related Terms

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


Con-way (Con-way) Business Description

Industry
Traded in Other Exchanges
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Address
Con-way Inc was incorporated in Delaware in 1958. The Company and its subsidiaries provide transportation, logistics and supply-chain management services to various manufacturing, industrial and retail customers. Its business units operate in regional, inter-regional and transcontinental less-than-truckload and full-truckload freight transportation, contract logistics and supply-chain management, multimodal freight brokerage, and trailer manufacturing. The Company operates under three reporting segments: Freight, Logistics and Truckload. The Freight segment consists of the operating results of the Con-way Freight business unit. Con-way Freight is a less-than-truckload motor carrier that utilizes a network of freight service centers to provide day-definite regional, inter-regional and transcontinental less-than-truckload freight services throughout North America. LTL carriers transport shipments from multiple shippers utilizing a network of freight service centers combined with a fleet of linehaul and pickup-and-delivery tractors and trailers. LTL shipments weigh between 100 and 15,000 pounds. In 2013, Con-way Freight's average weight per shipment was 1,334 pounds. The Logistics segment consists of the operating results of the Menlo Worldwide Logistics business unit. Menlo develops contract-logistics solutions, which include managing complex distribution networks, and providing supply-chain engineering and consulting, and multimodal freight brokerage services. Menlo's supply-chain management offerings are mainly related to transportation-management and contract-warehousing services. The Truckload segment consists of the operating results of the Con-way Truckload business unit. Con-way Truckload is a full-truckload motor carrier that utilizes a fleet of tractors and trailers to provide short- and long-haul, asset-based transportation services throughout North America. Con-way Truckload provides dry-van transportation services to manufacturing, industrial and retail customers while using single drivers as well as two-person driver teams over long-haul routes, with each trailer containing only one customer's goods. On average, Con-way Truckload transports shipments more than 800 miles from origin to destination. Under its regional service offering, Con-way Truckload transports truckload shipments between 100 and 600 miles, including local-area service for truckload shipments of less than 100 miles. It competes with regional and national LTL companies, some of which are subsidiaries of integrated transportation service providers, domestic and foreign logistics companies, truckload carriers, railroads and private fleets. The Company is subject to various federal, state and local, as well as foreign, laws and regulations that apply to its business activities.
Executives
John C Pope director 810 S. RIDGE RD, LAKE FOREST IL 60045
Gretchen W Mcclain director XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Phipps Paul Cody director 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 48105
Stephen K Krull officer: EVP General Counsel&Secretary CON-WAY INC., 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 48105
Wayne Shurts director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Roy W Templin director ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Michael Joseph Morris officer: SVP Finance & Treasurer 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 19034
Matthew J Espe director
Stephen L Bruffett officer: EVP & CFO 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Douglas Stotlar officer: President & CEO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Herbert J Schmidt officer: Executive Vice President 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
William R Corbin director CON-WAY INC., 2211 OLD EARHART ROAD, ANN ARBOR MI 48105
Jennifer Pileggi officer: EVP, General Counsel & Sec CNF INC., 2855 CAMPUS DRIVE, SAN MATEO CA 94403
Robert Paul Wayman director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
John H Williford officer: Senior VP STEUART TOWER, 1 MARKET PLAZA, SUITE 900, SAN FRANCISCO CA 94105