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Logitech International (Logitech International) Cyclically Adjusted Book per Share : $9.54 (As of Mar. 2024)


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What is Logitech International 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.

Logitech International's adjusted book value per share for the three months ended in Mar. 2024 was $14.517. 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 $9.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Logitech International's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Logitech International was 13.10% per year. The lowest was -0.70% per year. And the median was 6.30% per year.

As of today (2024-05-16), Logitech International's current stock price is $89.23. Logitech International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.54. Logitech International's Cyclically Adjusted PB Ratio of today is 9.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Logitech International was 19.92. The lowest was 1.20. And the median was 6.83.


Logitech International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Logitech International'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.

Logitech International Cyclically Adjusted Book per Share Chart

Logitech International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 6.28 7.25 8.54 9.54

Logitech International 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 8.54 8.97 8.97 10.02 9.54

Competitive Comparison of Logitech International's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Logitech International'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.


Logitech International's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Logitech International 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, Logitech International'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)
=14.517/107.3549*107.3549
=14.517

Current CPI (Mar. 2024) = 107.3549.

Logitech International Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.106 101.517 5.400
201409 5.356 101.247 5.679
201412 5.426 100.704 5.784
201503 4.609 100.339 4.931
201506 4.661 100.464 4.981
201509 4.120 99.785 4.433
201512 4.523 99.386 4.886
201603 4.679 99.475 5.050
201606 4.692 100.088 5.033
201609 4.417 99.604 4.761
201612 4.953 99.380 5.350
201703 5.272 100.040 5.657
201706 5.798 100.285 6.207
201709 5.609 100.254 6.006
201712 6.134 100.213 6.571
201803 6.383 100.836 6.796
201806 6.373 101.435 6.745
201809 6.108 101.246 6.477
201812 6.830 100.906 7.267
201903 7.092 101.571 7.496
201906 7.197 102.044 7.572
201909 6.995 101.396 7.406
201912 7.762 101.063 8.245
202003 8.923 101.048 9.480
202006 9.307 100.743 9.918
202009 10.109 100.585 10.789
202012 12.447 100.241 13.330
202103 13.438 100.800 14.312
202106 14.063 101.352 14.896
202109 13.486 101.533 14.259
202112 14.225 101.776 15.005
202203 14.516 103.205 15.100
202206 14.400 104.783 14.753
202209 13.373 104.835 13.694
202212 14.061 104.666 14.422
202303 14.168 106.245 14.316
202306 14.034 106.576 14.137
202309 13.225 106.570 13.322
202312 14.130 106.461 14.249
202403 14.517 107.355 14.517

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


Logitech International  (NAS:LOGI) 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.

Logitech International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=89.23/9.54
=9.35

* 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 Logitech International was 19.92. The lowest was 1.20. And the median was 6.83.


Be Aware

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


Logitech International Cyclically Adjusted Book per Share Related Terms

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


Logitech International (Logitech International) Business Description

Industry
Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.
Executives
Samantha Harnett officer: General Counsel 1836 CLEMENS ROAD, OAKLAND CA 94602
Charles D Boynton officer: Chief Financial Officer
Prakash Arunkundrum officer: Head of Global Operations C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Kwok Wang Ng director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Sascha Zahnd director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Christopher Richardson Jones director 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Patrick Aebischer director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Nathan Olmstead officer: Principal Accounting Officer C/O LOGITECH INC., 7700 GATEWAY BOULEVARD, NEWARK CA 94560
Riet Cadonau director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Bracken Darrell officer: President 2000 M-63N, BENTON HARBOR MI 49022
Didier Hirsch director 5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Neela Montgomery director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Deborah Thomas director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Guy Gecht director
Michael B Polk director 100 DEFOREST AVE, EAST HANOVER NJ 07936