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Visteon (FRA:VS51) Cyclically Adjusted Book per Share : €24.56 (As of Mar. 2024)


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What is Visteon 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.

Visteon's adjusted book value per share for the three months ended in Mar. 2024 was €35.163. 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 €24.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Visteon's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 Visteon was 29.90% per year. The lowest was -11.80% per year. And the median was 10.40% per year.

As of today (2024-05-28), Visteon's current stock price is €101.00. Visteon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.56. Visteon's Cyclically Adjusted PB Ratio of today is 4.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Visteon was 12.14. The lowest was 1.59. And the median was 4.97.


Visteon Cyclically Adjusted Book per Share Historical Data

The historical data trend for Visteon'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.

Visteon Cyclically Adjusted Book per Share Chart

Visteon 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 22.04 21.27 23.64 25.21 24.32

Visteon 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 24.51 24.72 25.72 24.32 24.56

Competitive Comparison of Visteon's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Visteon'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.


Visteon's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Visteon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Visteon 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, Visteon'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)
=35.163/131.7762*131.7762
=35.163

Current CPI (Mar. 2024) = 131.7762.

Visteon Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.929 100.560 28.736
201409 21.287 100.428 27.932
201412 15.944 99.070 21.208
201503 18.543 99.621 24.528
201506 59.875 100.684 78.365
201509 58.350 100.392 76.592
201512 24.258 99.792 32.033
201603 15.477 100.470 20.300
201606 16.125 101.688 20.896
201609 16.981 101.861 21.968
201612 16.834 101.863 21.778
201703 16.012 102.862 20.513
201706 16.336 103.349 20.829
201709 16.645 104.136 21.063
201712 17.363 104.011 21.998
201803 13.679 105.290 17.120
201806 14.723 106.317 18.249
201809 14.067 106.507 17.404
201812 14.598 105.998 18.148
201903 15.393 107.251 18.913
201906 15.077 108.070 18.384
201909 15.371 108.329 18.698
201912 15.429 108.420 18.753
202003 12.735 108.902 15.410
202006 11.354 108.767 13.756
202009 11.674 109.815 14.009
202012 11.361 109.897 13.623
202103 11.520 111.754 13.584
202106 11.679 114.631 13.426
202109 12.113 115.734 13.792
202112 16.309 117.630 18.270
202203 17.544 121.301 19.059
202206 17.910 125.017 18.878
202209 19.948 125.227 20.991
202212 22.596 125.222 23.779
202303 23.763 127.348 24.589
202306 23.075 128.729 23.621
202309 24.315 129.860 24.674
202312 34.363 129.419 34.989
202403 35.163 131.776 35.163

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


Visteon  (FRA:VS51) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=101.00/24.56
=4.11

* 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 Visteon was 12.14. The lowest was 1.59. And the median was 4.97.


Be Aware

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


Visteon Cyclically Adjusted Book per Share Related Terms

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


Visteon (FRA:VS51) Business Description

Industry
Traded in Other Exchanges
Address
One Village Center Drive, Van Buren Township, MI, USA, 48111
Visteon Corp is an automotive supplier. It manufactures electronics products for original equipment vehicle manufacturers including Ford, Nissan, Renault, Mazda, BMW, General Motors, and Honda. The company offers information displays, instrument clusters, head-up displays, infotainment systems, telematics solutions and Smartcore. The Company's reportable segment is Electronics. The Electronics segment provides vehicle cockpit electronics products to customers, including digital instrument clusters, domain controllers with integrated advance driver assistance systems, displays, Android-based infotainment systems, and battery management systems. Geographically, it operates in North America, Europe, China, Asia-Pacific and South America.

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