GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Preformed Line Products Co (FRA:P4L) » Definitions » Cyclically Adjusted Book per Share

Preformed Line Products Co (FRA:P4L) Cyclically Adjusted Book per Share : €55.60 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Preformed Line Products Co 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.

Preformed Line Products Co's adjusted book value per share for the three months ended in Mar. 2024 was €77.327. 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 €55.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Preformed Line Products Co's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Preformed Line Products Co was 8.50% per year. The lowest was 5.30% per year. And the median was 6.40% per year.

As of today (2024-06-07), Preformed Line Products Co's current stock price is €115.00. Preformed Line Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €55.60. Preformed Line Products Co's Cyclically Adjusted PB Ratio of today is 2.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Preformed Line Products Co was 2.80. The lowest was 0.82. And the median was 1.32.


Preformed Line Products Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Preformed Line Products Co'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.

Preformed Line Products Co Cyclically Adjusted Book per Share Chart

Preformed Line Products Co 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 - 39.04 46.33 56.05 58.27

Preformed Line Products Co 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 56.01 55.67 60.22 58.27 55.60

Competitive Comparison of Preformed Line Products Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Preformed Line Products Co'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.


Preformed Line Products Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Preformed Line Products Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Preformed Line Products Co's Cyclically Adjusted PB Ratio falls into.



Preformed Line Products Co 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, Preformed Line Products Co'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)
=77.327/131.7762*131.7762
=77.327

Current CPI (Mar. 2024) = 131.7762.

Preformed Line Products Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.876 100.560 47.013
201409 36.607 100.428 48.034
201412 36.503 99.070 48.554
201503 39.981 99.621 52.886
201506 38.906 100.684 50.921
201509 37.111 100.392 48.713
201512 38.503 99.792 50.843
201603 38.693 100.470 50.749
201606 38.390 101.688 49.749
201609 39.365 101.861 50.926
201612 41.409 101.863 53.569
201703 42.042 102.862 53.860
201706 41.159 103.349 52.480
201709 40.316 104.136 51.017
201712 40.007 104.011 50.687
201803 39.680 105.290 49.662
201806 40.706 106.317 50.454
201809 42.132 106.507 52.128
201812 43.661 105.998 54.279
201903 43.766 107.251 53.774
201906 45.366 108.070 55.318
201909 47.002 108.329 57.175
201912 48.404 108.420 58.831
202003 45.568 108.902 55.140
202006 47.538 108.767 57.594
202009 48.297 109.815 57.956
202012 48.975 109.897 58.725
202103 49.780 111.754 58.699
202106 51.363 114.631 59.045
202109 53.566 115.734 60.991
202112 57.012 117.630 63.869
202203 60.454 121.301 65.675
202206 63.700 125.017 67.144
202209 67.951 125.227 71.505
202212 68.853 125.222 72.457
202303 71.864 127.348 74.363
202306 74.788 128.729 76.559
202309 76.556 129.860 77.686
202312 77.749 129.419 79.165
202403 77.327 131.776 77.327

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


Preformed Line Products Co  (FRA:P4L) 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.

Preformed Line Products Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=115.00/55.6
=2.07

* 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 Preformed Line Products Co was 2.80. The lowest was 0.82. And the median was 1.32.


Be Aware

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


Preformed Line Products Co Cyclically Adjusted Book per Share Related Terms

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


Preformed Line Products Co (FRA:P4L) Business Description

Traded in Other Exchanges
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in the United States with operations also in The Americas, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.

Preformed Line Products Co (FRA:P4L) Headlines

No Headlines