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Integra Lifesciences Holdings (FRA:IL3) Cyclically Adjusted Book per Share : €16.73 (As of Mar. 2024)


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What is Integra Lifesciences Holdings 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.

Integra Lifesciences Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €33.886. 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 €16.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Integra Lifesciences Holdings's average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.00% 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 Integra Lifesciences Holdings was 14.40% per year. The lowest was 6.20% per year. And the median was 9.90% per year.

As of today (2024-06-08), Integra Lifesciences Holdings's current stock price is €28.40. Integra Lifesciences Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.73. Integra Lifesciences Holdings's Cyclically Adjusted PB Ratio of today is 1.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Integra Lifesciences Holdings was 6.58. The lowest was 1.40. And the median was 4.04.


Integra Lifesciences Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Integra Lifesciences Holdings'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.

Integra Lifesciences Holdings Cyclically Adjusted Book per Share Chart

Integra Lifesciences Holdings 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 10.67 10.66 13.21 15.39 16.03

Integra Lifesciences Holdings 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 15.04 15.61 16.61 16.03 16.73

Competitive Comparison of Integra Lifesciences Holdings's Cyclically Adjusted Book per Share

For the Medical Devices subindustry, Integra Lifesciences Holdings'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.


Integra Lifesciences Holdings's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Integra Lifesciences Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Integra Lifesciences Holdings 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, Integra Lifesciences Holdings'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)
=33.886/131.7762*131.7762
=33.886

Current CPI (Mar. 2024) = 131.7762.

Integra Lifesciences Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.787 100.560 10.204
201409 8.177 100.428 10.729
201412 8.723 99.070 11.603
201503 9.677 99.621 12.800
201506 9.577 100.684 12.534
201509 8.807 100.392 11.560
201512 9.337 99.792 12.330
201603 9.402 100.470 12.332
201606 9.476 101.688 12.280
201609 9.823 101.861 12.708
201612 10.653 101.863 13.781
201703 10.594 102.862 13.572
201706 10.281 103.349 13.109
201709 9.774 104.136 12.368
201712 10.373 104.011 13.142
201803 10.273 105.290 12.857
201806 13.533 106.317 16.774
201809 13.742 106.507 17.002
201812 14.200 105.998 17.653
201903 14.471 107.251 17.780
201906 14.711 108.070 17.938
201909 14.653 108.329 17.824
201912 14.849 108.420 18.048
202003 14.318 108.902 17.325
202006 14.215 108.767 17.222
202009 14.083 109.815 16.899
202012 14.765 109.897 17.705
202103 15.202 111.754 17.926
202106 15.457 114.631 17.769
202109 16.375 115.734 18.645
202112 17.604 117.630 19.721
202203 17.642 121.301 19.166
202206 18.815 125.017 19.832
202209 20.854 125.227 21.945
202212 20.362 125.222 21.428
202303 19.102 127.348 19.766
202306 19.096 128.729 19.548
202309 18.704 129.860 18.980
202312 18.627 129.419 18.966
202403 33.886 131.776 33.886

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


Integra Lifesciences Holdings  (FRA:IL3) 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.

Integra Lifesciences Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.40/16.73
=1.70

* 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 Integra Lifesciences Holdings was 6.58. The lowest was 1.40. And the median was 4.04.


Be Aware

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


Integra Lifesciences Holdings Cyclically Adjusted Book per Share Related Terms

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


Integra Lifesciences Holdings (FRA:IL3) Business Description

Traded in Other Exchanges
Address
1100 Campus Road, Princeton, NJ, USA, 08540
Integra Lifesciences Holdings Corp is a New Jersey-based medical equipment company focused on developing products for regenerative therapy, extremity orthopedics, and neurosurgical applications. The firm is organized into two primary segments: Codman specialty surgical and tissue technologies. Codman specialty surgical generates maximum revenue from its segmental operations. Integra serves Europe, Asia Pacific, and the rest of the world whilst it derives key revenue from domestic sales.

Integra Lifesciences Holdings (FRA:IL3) Headlines

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