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Seagate Technology Holdings (HAM:847) Cyclically Adjusted Book per Share : €4.37 (As of Mar. 2024)


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What is Seagate Technology 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.

Seagate Technology Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €-8.276. 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 €4.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seagate Technology Holdings's average Cyclically Adjusted Book Growth Rate was -26.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.20% 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 Seagate Technology Holdings was 7.70% per year. The lowest was -5.70% per year. And the median was -0.40% per year.

As of today (2024-05-20), Seagate Technology Holdings's current stock price is €90.26. Seagate Technology Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.37. Seagate Technology Holdings's Cyclically Adjusted PB Ratio of today is 20.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seagate Technology Holdings was 20.46. The lowest was 2.49. And the median was 7.50.


Seagate Technology Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seagate Technology 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.

Seagate Technology Holdings Cyclically Adjusted Book per Share Chart

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 6.35 5.77 6.82 5.55

Seagate Technology 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 5.70 5.55 5.23 4.67 4.37

Competitive Comparison of Seagate Technology Holdings's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Seagate Technology 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.


Seagate Technology Holdings's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seagate Technology Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seagate Technology 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, Seagate Technology 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)
=-8.276/120.9901*120.9901
=-8.276

Current CPI (Mar. 2024) = 120.9901.

Seagate Technology Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.383 100.773 7.664
201409 6.987 100.474 8.414
201412 9.158 99.576 11.127
201503 9.270 99.975 11.219
201506 8.525 100.573 10.256
201509 5.728 100.274 6.911
201512 5.643 99.676 6.850
201603 5.064 99.676 6.147
201606 4.749 101.072 5.685
201609 4.547 100.274 5.486
201612 4.902 99.676 5.950
201703 5.069 100.374 6.110
201706 4.160 100.673 5.000
201709 3.602 100.474 4.338
201712 3.150 100.075 3.808
201803 3.854 100.573 4.636
201806 4.963 101.072 5.941
201809 5.529 101.371 6.599
201812 6.004 100.773 7.209
201903 5.399 101.670 6.425
201906 7.110 102.168 8.420
201909 6.120 102.268 7.240
201912 6.312 102.068 7.482
202003 6.302 102.367 7.448
202006 6.181 101.769 7.348
202009 6.002 101.072 7.185
202012 3.394 101.072 4.063
202103 1.771 102.367 2.093
202106 2.303 103.364 2.696
202109 2.275 104.859 2.625
202112 2.121 106.653 2.406
202203 1.770 109.245 1.960
202206 0.491 112.779 0.527
202209 -1.717 113.504 -1.830
202212 -2.149 115.436 -2.252
202303 -4.529 117.609 -4.659
202306 -5.336 119.662 -5.395
202309 -7.630 120.749 -7.645
202312 -7.921 120.749 -7.937
202403 -8.276 120.990 -8.276

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


Seagate Technology Holdings  (HAM:847) 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.

Seagate Technology Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=90.26/4.37
=20.65

* 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 Seagate Technology Holdings was 20.46. The lowest was 2.49. And the median was 7.50.


Be Aware

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


Seagate Technology Holdings Cyclically Adjusted Book per Share Related Terms

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


Seagate Technology Holdings (HAM:847) Business Description

Industry
Address
38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Seagate Technology Holdings (HAM:847) Headlines

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