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Perma-Pipe International Holdings (Perma-Pipe International Holdings) Cyclically Adjusted Book per Share : $9.14 (As of Jan. 2024)


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What is Perma-Pipe International 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.

Perma-Pipe International Holdings's adjusted book value per share for the three months ended in Jan. 2024 was $8.313. 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 $9.14 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Perma-Pipe International Holdings's average Cyclically Adjusted Book Growth Rate was -3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.10% 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 Perma-Pipe International Holdings was 7.00% per year. The lowest was -3.90% per year. And the median was 2.30% per year.

As of today (2024-05-24), Perma-Pipe International Holdings's current stock price is $8.90. Perma-Pipe International Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $9.14. Perma-Pipe International Holdings's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Perma-Pipe International Holdings was 1.72. The lowest was 0.46. And the median was 0.85.


Perma-Pipe International Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Perma-Pipe International 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.

Perma-Pipe International Holdings Cyclically Adjusted Book per Share Chart

Perma-Pipe International Holdings 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 9.96 9.40 9.39 9.45 9.14

Perma-Pipe International Holdings 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 9.45 9.46 9.39 9.27 9.14

Competitive Comparison of Perma-Pipe International Holdings's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Perma-Pipe International 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.


Perma-Pipe International Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Perma-Pipe International Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Perma-Pipe International Holdings's Cyclically Adjusted PB Ratio falls into.



Perma-Pipe International 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, Perma-Pipe International Holdings'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)
=8.313/130.1244*130.1244
=8.313

Current CPI (Jan. 2024) = 130.1244.

Perma-Pipe International Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201404 11.173 100.023 14.535
201407 11.226 100.520 14.532
201410 11.124 100.176 14.450
201501 9.985 98.604 13.177
201504 9.531 99.824 12.424
201507 9.122 100.691 11.789
201510 9.967 100.346 12.925
201601 9.448 99.957 12.299
201604 8.817 100.947 11.365
201607 8.582 101.524 11.000
201610 8.011 101.988 10.221
201701 7.822 102.456 9.934
201704 7.403 103.167 9.337
201707 7.217 103.278 9.093
201710 6.793 104.070 8.494
201801 6.714 104.578 8.354
201804 6.516 105.708 8.021
201807 6.502 106.324 7.957
201810 6.451 106.695 7.868
201901 6.583 106.200 8.066
201904 6.433 107.818 7.764
201907 6.890 108.250 8.282
201910 6.895 108.577 8.263
202001 6.912 108.841 8.264
202004 6.581 108.173 7.916
202007 6.546 109.318 7.792
202010 6.245 109.861 7.397
202101 6.040 110.364 7.121
202104 5.975 112.673 6.900
202107 6.394 115.183 7.223
202110 6.522 116.696 7.273
202201 6.680 118.619 7.328
202204 6.487 121.978 6.920
202207 6.785 125.002 7.063
202210 6.845 125.734 7.084
202301 7.219 126.223 7.442
202304 7.053 127.992 7.171
202307 7.163 128.974 7.227
202310 7.166 129.810 7.183
202401 8.313 130.124 8.313

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


Perma-Pipe International Holdings  (NAS:PPIH) 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.

Perma-Pipe International Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.90/9.14
=0.97

* 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 Perma-Pipe International Holdings was 1.72. The lowest was 0.46. And the median was 0.85.


Be Aware

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


Perma-Pipe International Holdings Cyclically Adjusted Book per Share Related Terms

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


Perma-Pipe International Holdings (Perma-Pipe International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
24900 Pitkin Road, Suite 309, Spring, TX, USA, 77386
Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in the reportable segment of Piping Systems. The company engineers, designs, manufactures and sells specialty piping systems and leak detection systems. Specialty piping systems include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products, and the coating and insulation of oil and gas gathering and transmission pipelines. It operates in the United States, Canada, Middle East, Europe, India and other countries.
Executives
David B Brown director 9870 PLANO ROAD, DALLAS TX 75238
Cynthia Boiter director 6410 W. HOWARD STREET, NILES IL 60714
Jerome T. Walker director 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Robert Joseph Mcnally director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Matthew Earl Lewicki officer: Chief Accounting Officer 20719 KINGS CROWN CT, HUMBLE TX 77346
David S Barrie director 2409 BOXWOOD LANE, FERNANDINA BEACH FL 32034
Grant Dewbre officer: Chief Operating Officer 6410 WEST HOWARD STREET, NILES IL 60714
D Bryan Norwood officer: Vice President, CFO 6410 W HOWARD STREET, NILES IL 60714
Mark A Zorko director 9265 FAWN LAKE DR, RALEIGH NC 27617
Karl J Schmidt officer: CFO and VP 6410 W. HOWARD STREET, NILES IL 60714-3491
Wayne Bosch officer: VP of HR 41 PORTSHIRE DRIVE, LINCOLNSHIRE IL 60069
David J Mansfield officer: President and CEO 119 WIND RIDGE CIRCLE, THE WOODLANDS TX 77381
Gerald P Oconnor officer: Interim CFO,Principal Accntng P O BOX 3014, NAPERVILLE IL 60566-7014
Michael J Gade director 5501 HEADQUARTERS DRIVE, PLANO TX 75024
John Mark Foster officer: Subsidiary President 7720 N. LEHIGH AVENUE, NILES IL 60714

Perma-Pipe International Holdings (Perma-Pipe International Holdings) Headlines