GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Belimo Holding AG (XSWX:BEAN) » Definitions » Cyclically Adjusted Book per Share

Belimo Holding AG (XSWX:BEAN) Cyclically Adjusted Book per Share : CHF37.73 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Belimo Holding AG 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.

Belimo Holding AG's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was CHF43.145. 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 CHF37.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Belimo Holding AG's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 Belimo Holding AG was 11.60% per year. The lowest was 8.50% per year. And the median was 9.65% per year.

As of today (2024-06-06), Belimo Holding AG's current stock price is CHF 413.20. Belimo Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was CHF37.73. Belimo Holding AG's Cyclically Adjusted PB Ratio of today is 10.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Belimo Holding AG was 19.32. The lowest was 5.99. And the median was 10.28.


Belimo Holding AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Belimo Holding AG'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.

Belimo Holding AG Cyclically Adjusted Book per Share Chart

Belimo Holding AG 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 27.46 29.51 32.22 35.29 37.73

Belimo Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 32.22 - 35.29 - 37.73

Competitive Comparison of Belimo Holding AG's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Belimo Holding AG'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.


Belimo Holding AG's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Belimo Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Belimo Holding AG 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, Belimo Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=43.145/106.4612*106.4612
=43.145

Current CPI (Dec. 2023) = 106.4612.

Belimo Holding AG Annual Data

Book Value per Share CPI Adj_Book
201412 25.791 100.704 27.266
201512 27.420 99.386 29.372
201612 30.019 99.380 32.158
201712 33.402 100.213 35.485
201812 35.551 100.906 37.508
201912 41.247 101.063 43.450
202012 39.781 100.241 42.250
202112 41.573 101.776 43.487
202212 42.430 104.666 43.158
202312 43.145 106.461 43.145

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


Belimo Holding AG  (XSWX:BEAN) 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.

Belimo Holding AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=413.20/37.73
=10.95

* 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 Belimo Holding AG was 19.32. The lowest was 5.99. And the median was 10.28.


Be Aware

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


Belimo Holding AG Cyclically Adjusted Book per Share Related Terms

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


Belimo Holding AG (XSWX:BEAN) Business Description

Industry
Traded in Other Exchanges
Address
Brunnenbachstrasse 1, Hinwil, CHE, 8340
Belimo Holding AG develops, produces, and distributes innovative damper actuators, control valves, and sensor and meter solutions for heating, ventilation, and air conditioning systems The variety of products includes standard, spring-return, and safety actuators for air applications and control, shut-off, and change-over valves for water applications. The company's majority end markets by revenue are EMEA and the Americas. It also has a presence in Asia and the Pacific.

Belimo Holding AG (XSWX:BEAN) Headlines

No Headlines