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Valmont Industries (STU:VI1) Cyclically Adjusted Book per Share : €58.80 (As of Mar. 2024)


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What is Valmont Industries 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.

Valmont Industries's adjusted book value per share for the three months ended in Mar. 2024 was €64.133. 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 €58.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Valmont Industries's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Valmont Industries was 18.20% per year. The lowest was 5.00% per year. And the median was 8.10% per year.

As of today (2024-06-06), Valmont Industries's current stock price is €226.00. Valmont Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €58.80. Valmont Industries's Cyclically Adjusted PB Ratio of today is 3.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Valmont Industries was 5.65. The lowest was 1.85. And the median was 3.63.


Valmont Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Valmont Industries'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.

Valmont Industries Cyclically Adjusted Book per Share Chart

Valmont Industries 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 44.39 41.22 50.10 57.77 57.19

Valmont Industries 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 57.78 58.52 60.74 57.19 58.80

Competitive Comparison of Valmont Industries's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Valmont Industries'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.


Valmont Industries's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Valmont Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Valmont Industries 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, Valmont Industries'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)
=64.133/131.7762*131.7762
=64.133

Current CPI (Mar. 2024) = 131.7762.

Valmont Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 43.413 100.560 56.890
201409 37.885 100.428 49.711
201412 40.228 99.070 53.509
201503 41.870 99.621 55.385
201506 40.196 100.684 52.609
201509 37.500 100.392 49.223
201512 36.887 99.792 48.709
201603 36.579 100.470 47.977
201606 37.227 101.688 48.242
201609 37.547 101.861 48.574
201612 39.715 101.863 51.378
201703 41.523 102.862 53.195
201706 41.926 103.349 53.458
201709 41.328 104.136 52.298
201712 41.437 104.011 52.498
201803 40.928 105.290 51.224
201806 41.951 106.317 51.997
201809 39.925 106.507 49.398
201812 42.443 105.998 52.765
201903 43.478 107.251 53.420
201906 43.619 108.070 53.187
201909 44.957 108.329 54.687
201912 47.805 108.420 58.103
202003 46.080 108.902 55.759
202006 46.842 108.767 56.751
202009 45.809 109.815 54.970
202012 45.779 109.897 54.893
202103 48.473 111.754 57.157
202106 50.626 114.631 58.198
202109 52.787 115.734 60.104
202112 57.676 117.630 64.612
202203 62.982 121.301 68.421
202206 66.166 125.017 69.743
202209 71.798 125.227 75.553
202212 69.897 125.222 73.556
202303 67.374 127.348 69.717
202306 69.699 128.729 71.349
202309 65.907 129.860 66.880
202312 61.452 129.419 62.571
202403 64.133 131.776 64.133

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


Valmont Industries  (STU:VI1) 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.

Valmont Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=226.00/58.8
=3.84

* 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 Valmont Industries was 5.65. The lowest was 1.85. And the median was 3.63.


Be Aware

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


Valmont Industries Cyclically Adjusted Book per Share Related Terms

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


Valmont Industries (STU:VI1) Business Description

Industry
Traded in Other Exchanges
Address
15000 Valmont Plaza, Omaha, NE, USA, 68154-5215
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.

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