GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Newell Brands Inc (STU:NWL) » Definitions » Cyclically Adjusted Book per Share

Newell Brands (STU:NWL) Cyclically Adjusted Book per Share : €13.99 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Newell Brands 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.

Newell Brands's adjusted book value per share for the three months ended in Mar. 2024 was €6.817. 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 €13.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Newell Brands's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Newell Brands was 17.70% per year. The lowest was -5.90% per year. And the median was 5.10% per year.

As of today (2024-06-07), Newell Brands's current stock price is €6.854. Newell Brands's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.99. Newell Brands's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Newell Brands was 6.92. The lowest was 0.43. And the median was 2.00.


Newell Brands Cyclically Adjusted Book per Share Historical Data

The historical data trend for Newell Brands'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.

Newell Brands Cyclically Adjusted Book per Share Chart

Newell Brands 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 11.22 10.33 12.12 13.86 13.90

Newell Brands 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 13.23 14.36 13.90 13.90 13.99

Competitive Comparison of Newell Brands's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Newell Brands'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.


Newell Brands's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Newell Brands 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, Newell Brands'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)
=6.817/131.7762*131.7762
=6.817

Current CPI (Mar. 2024) = 131.7762.

Newell Brands Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.645 100.560 7.397
201409 5.798 100.428 7.608
201412 5.578 99.070 7.420
201503 5.830 99.621 7.712
201506 5.921 100.684 7.749
201509 5.954 100.392 7.815
201512 6.263 99.792 8.270
201603 5.944 100.470 7.796
201606 20.876 101.688 27.053
201609 21.106 101.861 27.305
201612 22.298 101.863 28.846
201703 23.216 102.862 29.742
201706 22.543 103.349 28.744
201709 21.800 104.136 27.586
201712 24.634 104.011 31.210
201803 23.595 105.290 29.531
201806 24.585 106.317 30.472
201809 11.003 106.507 13.614
201812 10.849 105.998 13.487
201903 10.351 107.251 12.718
201906 10.387 108.070 12.666
201909 8.875 108.329 10.796
201912 10.547 108.420 12.819
202003 7.371 108.902 8.919
202006 7.310 108.767 8.856
202009 7.456 109.815 8.947
202012 7.503 109.897 8.997
202103 7.575 111.754 8.932
202106 7.777 114.631 8.940
202109 8.102 115.734 9.225
202112 8.648 117.630 9.688
202203 8.691 121.301 9.442
202206 9.028 125.017 9.516
202209 9.221 125.227 9.703
202212 8.032 125.222 8.452
202303 7.518 127.348 7.779
202306 7.387 128.729 7.562
202309 7.072 129.860 7.176
202312 6.888 129.419 7.013
202403 6.817 131.776 6.817

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


Newell Brands  (STU:NWL) 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.

Newell Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.854/13.99
=0.49

* 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 Newell Brands was 6.92. The lowest was 0.43. And the median was 2.00.


Be Aware

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


Newell Brands Cyclically Adjusted Book per Share Related Terms

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


Newell Brands (STU:NWL) Business Description

Traded in Other Exchanges
Address
6655 Peachtree Dunwoody Road, Atlanta, GA, USA, 30328
Newell Brands Inc is an American global consumer goods company. The business activities of the group function through five segments namely, Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, Outdoor and Recreation. The learning and Development segment generates most of the revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products, and labeling solutions.