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Brenntag SE (XTER:BNR) Cyclically Adjusted Book per Share : €25.11 (As of Mar. 2024)


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What is Brenntag SE 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.

Brenntag SE's adjusted book value per share for the three months ended in Mar. 2024 was €30.787. 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 €25.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brenntag SE's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% 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 Brenntag SE was 12.50% per year. The lowest was 9.10% per year. And the median was 11.60% per year.

As of today (2024-05-23), Brenntag SE's current stock price is €67.80. Brenntag SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €25.11. Brenntag SE's Cyclically Adjusted PB Ratio of today is 2.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brenntag SE was 4.72. The lowest was 1.95. And the median was 3.16.


Brenntag SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brenntag SE'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.

Brenntag SE Cyclically Adjusted Book per Share Chart

Brenntag SE 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 16.12 17.23 19.26 22.40 24.53

Brenntag SE 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 23.28 23.74 24.30 24.53 25.11

Competitive Comparison of Brenntag SE's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Brenntag SE'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.


Brenntag SE's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Brenntag SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Brenntag SE 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, Brenntag SE'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)
=30.787/125.0381*125.0381
=30.787

Current CPI (Mar. 2024) = 125.0381.

Brenntag SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.474 99.543 5.620
201409 14.368 99.823 17.997
201412 15.052 99.543 18.907
201503 16.373 99.717 20.531
201506 16.027 100.417 19.957
201509 16.262 100.417 20.249
201512 17.129 99.717 21.479
201603 17.190 100.017 21.490
201606 17.223 100.717 21.382
201609 17.772 101.017 21.998
201612 19.091 101.217 23.584
201703 19.707 101.417 24.297
201706 18.715 102.117 22.916
201709 18.979 102.717 23.103
201712 19.244 102.617 23.449
201803 19.715 102.917 23.953
201806 19.548 104.017 23.498
201809 20.317 104.718 24.260
201812 21.207 104.217 25.444
201903 22.067 104.217 26.476
201906 21.005 105.718 24.844
201909 22.258 106.018 26.251
201912 22.756 105.818 26.889
202003 23.165 105.718 27.399
202006 22.489 106.618 26.374
202009 22.581 105.818 26.683
202012 22.975 105.518 27.225
202103 24.220 107.518 28.167
202106 23.729 108.486 27.349
202109 24.561 109.435 28.063
202112 25.335 110.384 28.698
202203 27.559 113.968 30.236
202206 29.137 115.760 31.472
202209 31.986 118.818 33.661
202212 30.761 119.345 32.228
202303 28.544 122.402 29.159
202306 28.093 123.140 28.526
202309 30.518 124.195 30.725
202312 29.194 123.773 29.492
202403 30.787 125.038 30.787

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


Brenntag SE  (XTER:BNR) 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.

Brenntag SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=67.80/25.11
=2.70

* 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 Brenntag SE was 4.72. The lowest was 1.95. And the median was 3.16.


Be Aware

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


Brenntag SE Cyclically Adjusted Book per Share Related Terms

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


Brenntag SE (XTER:BNR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Brenntag SE (XTER:BNR) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Messeallee 11, Essen, NW, DEU, 45131
Brenntag SE manufactures, distributes, and sells chemicals and chemical-based products in three categories: life science, material science, and environmental. Life science chemicals are used to produce cosmetics, food, animal nutrition, and pharmaceuticals. The material science chemicals are used to produce soaps and detergents, coatings, and paints as well as the extraction of oil and gas. Environmental chemicals are used in the water treatment process. The company organizes itself into four segments based on geography: North America; Latin America; Europe, Middle East, and Africa; and Asia-Pacific. More revenue comes from EMEA than any other segment.
Executives
Michael Friede Board of Directors
Ulrich Harnacke Supervisory Board
Stefanie Berlinger Supervisory Board
Ewout Van Jarwaarde Board of Directors
Dr. Kristin Neumann Board of Directors
Richard Ridinger Supervisory Board
Doreen Nowotne Supervisory Board
Dr. Andreas Rittstieg Supervisory Board

Brenntag SE (XTER:BNR) Headlines

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