GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clorox Co (MIL:1CLX) » Definitions » Cyclically Adjusted Book per Share

Clorox Co (MIL:1CLX) Cyclically Adjusted Book per Share : €4.04 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Clorox 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.

Clorox Co's adjusted book value per share for the three months ended in Mar. 2024 was €0.674. 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 €4.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Clorox Co's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 29.60% 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 Clorox Co was 190.40% per year. The lowest was -45.10% per year. And the median was 4.00% per year.

As of today (2024-06-04), Clorox Co's current stock price is €118.84. Clorox Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.04. Clorox Co's Cyclically Adjusted PB Ratio of today is 29.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Clorox Co was 8539.00. The lowest was 27.81. And the median was 72.58.


Clorox Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Clorox 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.

Clorox Co Cyclically Adjusted Book per Share Chart

Clorox Co 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 - - - - -

Clorox 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 - - - - 4.04

Competitive Comparison of Clorox Co's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Clorox 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.


Clorox Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clorox Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Clorox 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, Clorox 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)
=0.674/131.7762*131.7762
=0.674

Current CPI (Mar. 2024) = 131.7762.

Clorox Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.880 100.560 1.153
201409 1.014 100.428 1.331
201412 1.740 99.070 2.314
201503 2.130 99.621 2.818
201506 0.817 100.684 1.069
201509 0.823 100.392 1.080
201512 1.405 99.792 1.855
201603 1.799 100.470 2.360
201606 2.043 101.688 2.647
201609 2.001 101.861 2.589
201612 1.997 101.863 2.583
201703 2.933 102.862 3.757
201706 3.739 103.349 4.767
201709 3.853 104.136 4.876
201712 4.965 104.011 6.290
201803 5.242 105.290 6.561
201806 4.856 106.317 6.019
201809 4.547 106.507 5.626
201812 5.092 105.998 6.330
201903 5.405 107.251 6.641
201906 3.936 108.070 4.799
201909 3.979 108.329 4.840
201912 3.995 108.420 4.856
202003 4.995 108.902 6.044
202006 6.389 108.767 7.741
202009 7.511 109.815 9.013
202012 7.741 109.897 9.282
202103 5.019 111.754 5.918
202106 2.778 114.631 3.193
202109 2.546 115.734 2.899
202112 2.253 117.630 2.524
202203 2.951 121.301 3.206
202206 4.271 125.017 4.502
202209 2.669 125.227 2.809
202212 2.454 125.222 2.582
202303 0.023 127.348 0.024
202306 1.640 128.729 1.679
202309 -0.280 129.860 -0.284
202312 0.392 129.419 0.399
202403 0.674 131.776 0.674

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


Clorox Co  (MIL:1CLX) 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.

Clorox Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=118.84/4.04
=29.42

* 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 Clorox Co was 8539.00. The lowest was 27.81. And the median was 72.58.


Be Aware

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


Clorox Co Cyclically Adjusted Book per Share Related Terms

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


Clorox Co (MIL:1CLX) Business Description

Traded in Other Exchanges
Address
1221 Broadway, Oakland, CA, USA, 94612-1888
Since its inception more than 100 years ago, Clorox has grown to play in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.

Clorox Co (MIL:1CLX) Headlines

No Headlines