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Silgan Holdings (Silgan Holdings) Cyclically Adjusted Book per Share : $10.71 (As of Dec. 2023)


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What is Silgan 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.

Silgan Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $17.740. 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 $10.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Silgan Holdings's average Cyclically Adjusted Book Growth Rate was 14.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Silgan Holdings was 83.20% per year. The lowest was 7.40% per year. And the median was 14.90% per year.

As of today (2024-05-02), Silgan Holdings's current stock price is $44.72. Silgan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.71. Silgan Holdings's Cyclically Adjusted PB Ratio of today is 4.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silgan Holdings was 7.19. The lowest was 3.76. And the median was 5.53.


Silgan Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Silgan 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.

Silgan Holdings Cyclically Adjusted Book per Share Chart

Silgan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.14 6.72 7.94 9.32 10.71

Silgan Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.32 9.75 10.14 10.49 10.71

Competitive Comparison of Silgan Holdings's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Silgan 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.


Silgan Holdings's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Silgan Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Silgan 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, Silgan Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.74/129.4194*129.4194
=17.740

Current CPI (Dec. 2023) = 129.4194.

Silgan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.705 99.695 7.406
201406 5.974 100.560 7.688
201409 6.181 100.428 7.965
201412 5.616 99.070 7.336
201503 4.486 99.621 5.828
201506 4.828 100.684 6.206
201509 5.231 100.392 6.744
201512 5.292 99.792 6.863
201603 5.524 100.470 7.116
201606 5.700 101.688 7.254
201609 6.228 101.861 7.913
201612 4.263 101.863 5.416
201703 4.446 102.862 5.594
201706 4.922 103.349 6.164
201709 5.645 104.136 7.016
201712 6.940 104.011 8.635
201803 7.460 105.290 9.170
201806 7.576 106.317 9.222
201809 8.244 106.507 10.018
201812 7.980 105.998 9.743
201903 8.101 107.251 9.775
201906 8.364 108.070 10.016
201909 8.744 108.329 10.446
201912 9.237 108.420 11.026
202003 9.208 108.902 10.943
202006 9.827 108.767 11.693
202009 10.992 109.815 12.954
202012 11.384 109.897 13.406
202103 11.563 111.754 13.391
202106 12.577 114.631 14.199
202109 13.194 115.734 14.754
202112 14.154 117.630 15.573
202203 14.786 121.301 15.776
202206 14.748 125.017 15.267
202209 15.363 125.227 15.877
202212 15.609 125.222 16.132
202303 16.157 127.348 16.420
202306 17.019 128.729 17.110
202309 16.732 129.860 16.675
202312 17.740 129.419 17.740

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


Silgan Holdings  (NYSE:SLGN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.72/10.71
=4.18

* 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 Silgan Holdings was 7.19. The lowest was 3.76. And the median was 5.53.


Be Aware

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


Silgan Holdings Cyclically Adjusted Book per Share Related Terms

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


Silgan Holdings (Silgan Holdings) Business Description

Traded in Other Exchanges
Address
4 Landmark Square, Suite 400, Stamford, CT, USA, 06901
Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.
Executives
Anthony J Allott officer: President and COO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Thomas James Snyder officer: President - Silgan Containers C/O SILGAN CONTAINERS LLC, 21600 OXNARD STREET, SUITE 1600, WOODLAND HILLS CA 91367
Stacey J. Mcgrath officer: Vice President, Tax C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Joseph M Jordan director C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Robert B Lewis officer: EVP and CFO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Shawn C Fabry officer: SVP, Corporate Development C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Kimberly Irene Ulmer officer: Vice President & Controller 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Niharika Ramdev director C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Daniel Patrick Murphy officer: Vice President & Controller C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
B. Frederick Prinzen officer: Vice President, Corp. Dev. SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, STAMFORD CT 06901
Jay A Martin officer: Vice President P O BOX 5311, NEW CASTLE PA 16105
D Greg Horrigan director, 10 percent owner, officer: Co-Chairman and Co-CEO 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
William T Donovan director C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE SUITE 400, STAMFORD CT 06901
Kimberly A Fields director C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217
Anthony P Andreacchi officer: Vice President, Tax 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901

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