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Autodesk (LTS:0HJF) Cyclically Adjusted Book per Share : $4.68 (As of Jan. 2024)


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What is Autodesk 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.

Autodesk's adjusted book value per share for the three months ended in Jan. 2024 was $8.672. 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 $4.68 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Autodesk's average Cyclically Adjusted Book Growth Rate was -9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.30% 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 Autodesk was 13.10% per year. The lowest was -9.30% per year. And the median was 7.30% per year.

As of today (2024-05-24), Autodesk's current stock price is $215.46. Autodesk's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $4.68. Autodesk's Cyclically Adjusted PB Ratio of today is 46.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Autodesk was 59.39. The lowest was 5.66. And the median was 20.08.


Autodesk Cyclically Adjusted Book per Share Historical Data

The historical data trend for Autodesk'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.

Autodesk Cyclically Adjusted Book per Share Chart

Autodesk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 5.54 5.50 5.09 4.68

Autodesk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.09 4.95 4.85 4.78 4.68

Competitive Comparison of Autodesk's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Autodesk'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.


Autodesk's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Autodesk 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, Autodesk's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=8.672/130.1244*130.1244
=8.672

Current CPI (Jan. 2024) = 130.1244.

Autodesk Quarterly Data

Book Value per Share CPI Adj_Book
201404 10.061 100.023 13.089
201407 10.049 100.520 13.009
201410 9.971 100.176 12.952
201501 9.776 98.604 12.901
201504 9.772 99.824 12.738
201507 8.409 100.691 10.867
201510 7.692 100.346 9.975
201601 7.217 99.957 9.395
201604 6.393 100.947 8.241
201607 6.002 101.524 7.693
201610 4.766 101.988 6.081
201701 3.330 102.456 4.229
201704 2.306 103.167 2.909
201707 1.439 103.278 1.813
201710 0.487 104.070 0.609
201801 -1.173 104.578 -1.460
201804 -0.587 105.708 -0.723
201807 -1.100 106.324 -1.346
201810 -1.544 106.695 -1.883
201901 -0.961 106.200 -1.177
201904 -1.117 107.818 -1.348
201907 -0.885 108.250 -1.064
201910 -0.780 108.577 -0.935
202001 -0.634 108.841 -0.758
202004 -0.635 108.173 -0.764
202007 0.307 109.318 0.365
202010 0.315 109.861 0.373
202101 4.397 110.364 5.184
202104 5.129 112.673 5.923
202107 6.038 115.183 6.821
202110 5.812 116.696 6.481
202201 3.891 118.619 4.268
202204 3.138 121.978 3.348
202207 3.428 125.002 3.568
202210 4.194 125.734 4.340
202301 5.326 126.223 5.491
202304 4.192 127.992 4.262
202307 5.636 128.974 5.686
202310 6.925 129.810 6.942
202401 8.672 130.124 8.672

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


Autodesk  (LTS:0HJF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=215.46/4.68
=46.04

* 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 Autodesk was 59.39. The lowest was 5.66. And the median was 20.08.


Be Aware

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


Autodesk Cyclically Adjusted Book per Share Related Terms

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


Autodesk (LTS:0HJF) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Autodesk Inc (LTS:0HJF) » Definitions » Cyclically Adjusted Book per Share
Address
One Market Street, Suite 400, San Francisco, CA, USA, 94105
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.

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