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Brady (STU:BRV) Cyclically Adjusted Book per Share : €17.57 (As of Apr. 2024)


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What is Brady 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.

Brady's adjusted book value per share for the three months ended in Apr. 2024 was €20.063. 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 €17.57 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Brady's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Brady was 15.60% per year. The lowest was -1.50% per year. And the median was 8.90% per year.

As of today (2024-06-08), Brady's current stock price is €61.00. Brady's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €17.57. Brady's Cyclically Adjusted PB Ratio of today is 3.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brady was 3.65. The lowest was 1.07. And the median was 2.31.


Brady Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brady'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.

Brady Cyclically Adjusted Book per Share Chart

Brady Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.93 14.28 14.59 17.81 16.42

Brady Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 16.41 16.42 17.47 17.32 17.57

Competitive Comparison of Brady's Cyclically Adjusted Book per Share

For the Security & Protection Services subindustry, Brady'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.


Brady's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Brady's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=20.063/131.7762*131.7762
=20.063

Current CPI (Apr. 2024) = 131.7762.

Brady Quarterly Data

Book Value per Share CPI Adj_Book
201407 10.556 100.520 13.838
201410 10.483 100.176 13.790
201501 10.837 98.604 14.483
201504 11.775 99.824 15.544
201507 10.409 100.691 13.622
201510 10.090 100.346 13.250
201601 10.311 99.957 13.593
201604 10.435 100.947 13.622
201607 10.826 101.524 14.052
201610 10.960 101.988 14.161
201701 11.671 102.456 15.011
201704 12.083 103.167 15.434
201707 11.820 103.278 15.082
201710 11.763 104.070 14.895
201801 11.592 104.578 14.607
201804 11.571 105.708 14.424
201807 12.397 106.324 15.365
201810 12.819 106.695 15.832
201901 13.369 106.200 16.589
201904 13.893 107.818 16.980
201907 14.319 108.250 17.431
201910 14.866 108.577 18.042
202001 15.199 108.841 18.402
202004 14.527 108.173 17.697
202007 14.441 109.318 17.408
202010 14.381 109.861 17.250
202101 14.508 110.364 17.323
202104 15.281 112.673 17.872
202107 15.648 115.183 17.902
202110 16.041 116.696 18.114
202201 16.501 118.619 18.331
202204 16.788 121.978 18.137
202207 17.949 125.002 18.922
202210 18.614 125.734 19.508
202301 18.080 126.223 18.875
202304 18.343 127.992 18.885
202307 18.452 128.974 18.853
202310 19.465 129.810 19.760
202401 19.730 130.124 19.980
202404 20.063 131.776 20.063

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


Brady  (STU:BRV) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.00/17.57
=3.47

* 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 Brady was 3.65. The lowest was 1.07. And the median was 2.31.


Be Aware

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


Brady Cyclically Adjusted Book per Share Related Terms

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


Brady (STU:BRV) Business Description

Industry
Traded in Other Exchanges
Address
6555 West Good Hope Road, Milwaukee, WI, USA, 53223
Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.

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