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Stratasys (STU:SCY) Cyclically Adjusted Book per Share : €25.66 (As of Dec. 2023)


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What is Stratasys 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.

Stratasys's adjusted book value per share for the three months ended in Dec. 2023 was €11.649. 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 €25.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Stratasys's average Cyclically Adjusted Book Growth Rate was -11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Stratasys was 42.40% per year. The lowest was 0.30% per year. And the median was 13.80% per year.

As of today (2024-05-26), Stratasys's current stock price is €8.306. Stratasys's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €25.66. Stratasys's Cyclically Adjusted PB Ratio of today is 0.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stratasys was 12.82. The lowest was 0.32. And the median was 0.92.


Stratasys Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stratasys'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.

Stratasys Cyclically Adjusted Book per Share Chart

Stratasys 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 23.94 22.36 25.87 28.44 25.66

Stratasys 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 28.44 28.77 28.54 27.05 25.66

Competitive Comparison of Stratasys's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Stratasys'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.


Stratasys's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Stratasys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stratasys 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, Stratasys'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)
=11.649/129.4194*129.4194
=11.649

Current CPI (Dec. 2023) = 129.4194.

Stratasys Quarterly Data

Book Value per Share CPI Adj_Book
201403 36.811 99.695 47.787
201406 37.520 100.560 48.288
201409 39.902 100.428 51.421
201412 40.305 99.070 52.652
201503 42.023 99.621 54.593
201506 39.779 100.684 51.132
201509 24.272 100.392 31.290
201512 20.951 99.792 27.171
201603 20.257 100.470 26.094
201606 19.755 101.688 25.142
201609 19.415 101.861 24.668
201612 20.456 101.863 25.990
201703 19.997 102.862 25.160
201706 19.042 103.349 23.845
201709 17.878 104.136 22.219
201712 17.843 104.011 22.202
201803 17.039 105.290 20.944
201806 17.915 106.317 21.808
201809 17.988 106.507 21.858
201812 18.632 105.998 22.749
201903 18.779 107.251 22.661
201906 18.830 108.070 22.550
201909 19.265 108.329 23.016
201912 19.130 108.420 22.835
202003 18.815 108.902 22.360
202006 18.037 108.767 21.462
202009 11.042 109.815 13.013
202012 11.025 109.897 12.984
202103 12.517 111.754 14.496
202106 12.201 114.631 13.775
202109 12.340 115.734 13.799
202112 12.882 117.630 14.173
202203 12.890 121.301 13.753
202206 13.092 125.017 13.553
202209 14.348 125.227 14.828
202212 13.501 125.222 13.954
202303 12.953 127.348 13.164
202306 12.360 128.729 12.426
202309 11.964 129.860 11.923
202312 11.649 129.419 11.649

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


Stratasys  (STU:SCY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.306/25.66
=0.32

* 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 Stratasys was 12.82. The lowest was 0.32. And the median was 0.92.


Be Aware

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


Stratasys Cyclically Adjusted Book per Share Related Terms

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


Stratasys (STU:SCY) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Stratasys Ltd (STU:SCY) » Definitions » Cyclically Adjusted Book per Share
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Address
c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, USA, 55344
Stratasys Ltd is a provider of 3D printing and additive manufacturing solutions. The company's patented fused deposition modeling and PolyJet printing technologies print prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its subsidiaries include printer makers MakerBot and Solidscape. It generates revenue through 3D printing systems, related services, and consumables and by providing additive manufacturing solutions.

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