GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerflex Ltd (NYSE:EFXT) » Definitions » Cyclically Adjusted Book per Share

Enerflex (Enerflex) Cyclically Adjusted Book per Share : $11.80 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Enerflex 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.

Enerflex's adjusted book value per share for the three months ended in Mar. 2024 was $8.269. 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 $11.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enerflex's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Enerflex was 5.00% per year. The lowest was 4.80% per year. And the median was 4.90% per year.

As of today (2024-06-09), Enerflex's current stock price is $4.94. Enerflex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.80. Enerflex's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enerflex was 0.90. The lowest was 0.32. And the median was 0.52.


Enerflex Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enerflex'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.

Enerflex Cyclically Adjusted Book per Share Chart

Enerflex 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 - - - 11.60 12.13

Enerflex 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 11.73 12.07 11.78 12.13 11.80

Competitive Comparison of Enerflex's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Enerflex'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.


Enerflex's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enerflex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Enerflex 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, Enerflex'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)
=8.269/126.2576*126.2576
=8.269

Current CPI (Mar. 2024) = 126.2576.

Enerflex Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.435 99.473 14.514
201409 11.093 99.394 14.091
201412 11.138 98.367 14.296
201503 10.778 99.789 13.637
201506 11.223 100.500 14.099
201509 10.897 100.421 13.701
201512 10.506 99.947 13.272
201603 9.863 101.054 12.323
201606 8.971 102.002 11.104
201609 9.977 101.765 12.378
201612 9.395 101.449 11.693
201703 9.661 102.634 11.885
201706 9.810 103.029 12.022
201709 10.133 103.345 12.380
201712 10.177 103.345 12.433
201803 10.196 105.004 12.260
201806 10.218 105.557 12.222
201809 10.413 105.636 12.446
201812 10.558 105.399 12.647
201903 10.670 106.979 12.593
201906 10.902 107.690 12.782
201909 11.262 107.611 13.213
201912 11.450 107.769 13.414
202003 11.459 107.927 13.405
202006 11.632 108.401 13.548
202009 11.798 108.164 13.772
202012 12.214 108.559 14.205
202103 12.168 110.298 13.929
202106 12.251 111.720 13.845
202109 12.187 112.905 13.628
202112 11.839 113.774 13.138
202203 11.987 117.646 12.864
202206 11.933 120.806 12.472
202209 8.393 120.648 8.783
202212 9.187 120.964 9.589
202303 9.282 122.702 9.551
202306 9.275 124.203 9.428
202309 9.183 125.230 9.258
202312 8.477 125.072 8.557
202403 8.269 126.258 8.269

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


Enerflex  (NYSE:EFXT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.94/11.8
=0.42

* 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 Enerflex was 0.90. The lowest was 0.32. And the median was 0.52.


Be Aware

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


Enerflex Cyclically Adjusted Book per Share Related Terms

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


Enerflex (Enerflex) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerflex Ltd (NYSE:EFXT) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
1331 MacLeod Trail SE, Suite 904, Calgary, AB, CAN, T2G 0K3
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, the Rest of the World, and Canada. Each regional business segment has three main product lines: Engineered Systems, After?market Service, and Energy Infrastructure. The USA segment earns the majority of the revenue.

Enerflex (Enerflex) Headlines

From GuruFocus

Enerflex Ltd. Appoints Laura W. Folse to Its Board of Directors

By GlobeNewswire GlobeNewswire 01-20-2023