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XPEL (XPEL) Cyclically Adjusted Book per Share : $2.06 (As of Mar. 2024)


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What is XPEL 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.

XPEL's adjusted book value per share for the three months ended in Mar. 2024 was $6.747. 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 $2.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, XPEL's average Cyclically Adjusted Book Growth Rate was 47.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 52.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 49.40% 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 XPEL was 52.90% per year. The lowest was 31.00% per year. And the median was 43.25% per year.

As of today (2024-05-23), XPEL's current stock price is $33.41. XPEL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.06. XPEL's Cyclically Adjusted PB Ratio of today is 16.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of XPEL was 155.53. The lowest was 15.57. And the median was 50.16.


XPEL Cyclically Adjusted Book per Share Historical Data

The historical data trend for XPEL'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.

XPEL Cyclically Adjusted Book per Share Chart

XPEL 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 0.36 0.52 0.82 1.26 1.86

XPEL 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 1.40 1.55 1.71 1.86 2.06

Competitive Comparison of XPEL's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, XPEL'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.


XPEL's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, XPEL's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



XPEL 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, XPEL'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)
=6.747/131.7762*131.7762
=6.747

Current CPI (Mar. 2024) = 131.7762.

XPEL Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.208 100.560 0.273
201409 0.226 100.428 0.297
201412 0.287 99.070 0.382
201503 0.309 99.621 0.409
201506 0.335 100.684 0.438
201509 0.336 100.392 0.441
201512 0.324 99.792 0.428
201603 0.359 100.470 0.471
201606 0.385 101.688 0.499
201609 0.408 101.861 0.528
201612 0.401 101.863 0.519
201703 0.461 102.862 0.591
201706 0.474 103.349 0.604
201709 0.528 104.136 0.668
201712 0.459 104.011 0.582
201803 0.585 105.290 0.732
201806 0.669 106.317 0.829
201809 0.753 106.507 0.932
201812 0.753 105.998 0.936
201903 0.823 107.251 1.011
201906 0.937 108.070 1.143
201909 1.095 108.329 1.332
201912 1.270 108.420 1.544
202003 1.267 108.902 1.533
202006 1.427 108.767 1.729
202009 1.681 109.815 2.017
202012 1.933 109.897 2.318
202103 2.174 111.754 2.563
202106 2.551 114.631 2.933
202109 2.840 115.734 3.234
202112 3.059 117.630 3.427
202203 3.341 121.301 3.630
202206 3.733 125.017 3.935
202209 4.163 125.227 4.381
202212 4.516 125.222 4.752
202303 4.952 127.348 5.124
202306 5.551 128.729 5.682
202309 6.028 129.860 6.117
202312 6.514 129.419 6.633
202403 6.747 131.776 6.747

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


XPEL  (NAS:XPEL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33.41/2.06
=16.22

* 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 XPEL was 155.53. The lowest was 15.57. And the median was 50.16.


Be Aware

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


XPEL Cyclically Adjusted Book per Share Related Terms

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


XPEL (XPEL) Business Description

Industry
Traded in Other Exchanges
Address
711 Broadway, Suite 320, San Antonio, TX, USA, 78215
XPEL Inc is a provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and commercial/residential window films, and ceramic coatings. The company has a network of trained installers and proprietary DAP software, dedicated to exceeding customer expectations by providing quality products, customer service, technical support, and world-class training.
Executives
Ryan Pape director, officer: President and CEO 618 W SUNSET ROAD, SAN ANTONIO TX 78216
John F North director 150 N. BARTLETT STREET, MEDFORD OR 97501
Mathieu Moreau officer: Senior VP, Sales and Product 10 INWOOD CANYON DRIVE, SAN ANTONIO TX 78248
Barry Wood officer: Senior Vice President/CFO 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Richard K. Crumly director, 10 percent owner P.O. BOX 460633, SAN ANTONIO TX 78246-0633
Mark Adams director, 10 percent owner 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Mike Klonne director 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Babatunde Awodiran officer: SVP, Gen. Counsel, & Secretary 711 BROADWAY ST., SUITE 320, SAN ANTONIO TX 78215
Stacy L Bogart director 13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347
John Constantine director 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Brooks Meltzer officer: VP, General Counsel, Secretary 13 CAMDEN OAKS, SAN ANTONIO TX 78248