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Constellium SE (FRA:3OK) Cyclically Adjusted Book per Share : €-0.57 (As of Mar. 2024)


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What is Constellium SE 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.

Constellium SE's adjusted book value per share for the three months ended in Mar. 2024 was €6.062. 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 €-0.57 for the trailing ten years ended in Mar. 2024.

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 (2024-06-01), Constellium SE's current stock price is €19.80. Constellium SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €-0.57. Constellium SE's Cyclically Adjusted PB Ratio of today is .


Constellium SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Constellium SE'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.

Constellium SE Cyclically Adjusted Book per Share Chart

Constellium SE 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 - - -1.68 -1.28 -0.70

Constellium SE 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 -1.12 -0.96 -0.85 -0.70 -0.57

Competitive Comparison of Constellium SE's Cyclically Adjusted Book per Share

For the Aluminum subindustry, Constellium SE'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.


Constellium SE's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Constellium SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Constellium SE 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, Constellium SE'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)
=6.062/119.4700*119.4700
=6.062

Current CPI (Mar. 2024) = 119.4700.

Constellium SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.524 100.180 0.625
201409 0.372 99.920 0.445
201412 -0.410 99.860 -0.491
201503 -0.905 100.170 -1.079
201506 -0.896 100.440 -1.066
201509 -1.498 99.950 -1.791
201512 -5.224 100.040 -6.239
201603 -5.613 100.020 -6.705
201606 -5.885 100.630 -6.987
201609 -5.733 100.340 -6.826
201612 -5.484 100.650 -6.509
201703 -5.266 101.170 -6.219
201706 -4.970 101.320 -5.860
201709 -4.672 101.330 -5.508
201712 -2.431 101.850 -2.852
201803 -2.424 102.750 -2.818
201806 -2.079 103.370 -2.403
201809 -0.371 103.560 -0.428
201812 -0.897 103.470 -1.036
201903 -0.862 103.890 -0.991
201906 -0.899 104.580 -1.027
201909 -1.165 104.500 -1.332
201912 -0.696 104.980 -0.792
202003 -0.972 104.590 -1.110
202006 -1.349 104.790 -1.538
202009 -1.236 104.550 -1.412
202012 -0.822 104.960 -0.936
202103 -0.064 105.750 -0.072
202106 0.903 106.340 1.014
202109 1.666 106.810 1.863
202112 1.934 107.850 2.142
202203 3.727 110.490 4.030
202206 4.033 112.550 4.281
202209 5.336 112.740 5.655
202212 5.066 114.160 5.302
202303 5.156 116.790 5.274
202306 5.347 117.650 5.430
202309 6.055 118.260 6.117
202312 5.742 118.390 5.794
202403 6.062 119.470 6.062

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


Constellium SE  (FRA:3OK) 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.


Constellium SE Cyclically Adjusted Book per Share Related Terms

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


Constellium SE (FRA:3OK) Business Description

Industry
Traded in Other Exchanges
Address
40-44 rue Washington, Washington Plaza, Paris, FRA, 75008
Constellium SE is engaged in the design and manufacture of rolled and extruded aluminium products, serving the packaging, aerospace, automotive, defense and other transportation and industry end-markets. The business is organized into three operating segments: i) Packaging and Automotive Rolled Products segment includes the production of rolled aluminium products in European and North American facilities. ii) Aerospace and Transportation segment includes the production of rolled aluminium products and very limited volumes of extruded products in European and North American facilities. iii) Automotive Structures and Industry segment includes the production of extruded aluminium products and aluminium structural components.

Constellium SE (FRA:3OK) Headlines

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