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Rockwell Automation (STU:RWL) Cyclically Adjusted Book per Share : €19.03 (As of Mar. 2024)


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What is Rockwell Automation 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.

Rockwell Automation's adjusted book value per share for the three months ended in Mar. 2024 was €28.597. 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 €19.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rockwell Automation's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 Rockwell Automation was 8.80% per year. The lowest was -7.80% per year. And the median was 0.65% per year.

As of today (2024-05-24), Rockwell Automation's current stock price is €242.90. Rockwell Automation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.03. Rockwell Automation's Cyclically Adjusted PB Ratio of today is 12.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rockwell Automation was 20.93. The lowest was 6.33. And the median was 10.85.


Rockwell Automation Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rockwell Automation'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.

Rockwell Automation Cyclically Adjusted Book per Share Chart

Rockwell Automation Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.71 13.56 14.57 19.12 19.01

Rockwell Automation 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 17.80 17.96 19.01 18.16 19.03

Competitive Comparison of Rockwell Automation's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Rockwell Automation'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.


Rockwell Automation's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rockwell Automation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rockwell Automation 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, Rockwell Automation'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)
=28.597/131.7762*131.7762
=28.597

Current CPI (Mar. 2024) = 131.7762.

Rockwell Automation Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.530 100.560 19.041
201409 15.089 100.428 19.799
201412 15.383 99.070 20.461
201503 17.622 99.621 23.310
201506 16.982 100.684 22.226
201509 15.187 100.392 19.935
201512 15.622 99.792 20.629
201603 15.274 100.470 20.033
201606 14.590 101.688 18.907
201609 13.799 101.861 17.852
201612 15.110 101.863 19.547
201703 15.950 102.862 20.433
201706 15.102 103.349 19.256
201709 17.405 104.136 22.025
201712 14.258 104.011 18.064
201803 12.575 105.290 15.738
201806 10.037 106.317 12.441
201809 11.447 106.507 14.163
201812 9.370 105.998 11.649
201903 9.992 107.251 12.277
201906 8.747 108.070 10.666
201909 3.172 108.329 3.859
201912 5.554 108.420 6.750
202003 4.851 108.902 5.870
202006 5.900 108.767 7.148
202009 7.509 109.815 9.011
202012 11.023 109.897 13.218
202103 13.150 111.754 15.506
202106 16.236 114.631 18.664
202109 17.510 115.734 19.937
202112 19.078 117.630 21.372
202203 20.557 121.301 22.332
202206 19.596 125.017 20.656
202209 23.896 125.227 25.146
202212 23.972 125.222 25.227
202303 25.656 127.348 26.548
202306 26.866 128.729 27.502
202309 29.070 129.860 29.499
202312 28.870 129.419 29.396
202403 28.597 131.776 28.597

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


Rockwell Automation  (STU:RWL) 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.

Rockwell Automation's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=242.90/19.03
=12.76

* 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 Rockwell Automation was 20.93. The lowest was 6.33. And the median was 10.85.


Be Aware

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


Rockwell Automation Cyclically Adjusted Book per Share Related Terms

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


Rockwell Automation (STU:RWL) Business Description

Traded in Other Exchanges
Address
1201 South Second Street, Milwaukee, WI, USA, 53204
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.

Rockwell Automation (STU:RWL) Headlines

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