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Bouygues (Bouygues) Cyclically Adjusted Book per Share : $6.38 (As of Dec. 2023)


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What is Bouygues 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.

Bouygues's adjusted book value per share for the three months ended in Dec. 2023 was $7.156. 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 $6.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bouygues's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.90% 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 Bouygues was 4.50% per year. The lowest was 1.00% per year. And the median was 2.70% per year.

As of today (2024-04-27), Bouygues's current stock price is $7.67. Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.38. Bouygues's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bouygues was 1.85. The lowest was 0.96. And the median was 1.29.


Bouygues Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bouygues'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.

Bouygues Cyclically Adjusted Book per Share Chart

Bouygues 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 5.66 6.43 6.01 5.88 6.38

Bouygues 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 5.88 6.13 6.22 6.06 6.38

Competitive Comparison of Bouygues's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Bouygues'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.


Bouygues's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Bouygues 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, Bouygues'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)
=7.156/118.2300*118.2300
=7.156

Current CPI (Dec. 2023) = 118.2300.

Bouygues Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.405 100.240 7.555
201406 5.998 100.180 7.079
201409 5.952 99.920 7.043
201412 5.763 99.860 6.823
201503 4.954 100.170 5.847
201506 4.856 100.440 5.716
201509 5.003 99.950 5.918
201512 4.965 100.040 5.868
201603 4.870 100.020 5.757
201606 4.662 100.630 5.477
201609 4.869 100.340 5.737
201612 4.839 100.650 5.684
201703 4.899 101.170 5.725
201706 4.958 101.320 5.785
201709 5.544 101.330 6.469
201712 5.844 101.850 6.784
201803 6.048 102.750 6.959
201806 5.501 103.370 6.292
201809 5.736 103.560 6.549
201812 5.900 103.470 6.742
201903 5.823 103.890 6.627
201906 5.595 104.580 6.325
201909 5.817 104.500 6.581
201912 6.088 104.980 6.856
202003 5.907 104.590 6.677
202006 5.959 104.790 6.723
202009 6.116 104.550 6.916
202012 6.647 104.960 7.487
202103 6.558 105.750 7.332
202106 6.491 106.340 7.217
202109 6.570 106.810 7.272
202112 6.632 107.850 7.270
202203 6.590 110.490 7.052
202206 6.363 112.550 6.684
202209 6.306 112.740 6.613
202212 6.951 114.160 7.199
202303 6.930 116.790 7.015
202306 6.798 117.650 6.832
202309 6.887 118.260 6.885
202312 7.156 118.230 7.156

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


Bouygues  (OTCPK:BOUYY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.67/6.38
=1.20

* 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 Bouygues was 1.85. The lowest was 0.96. And the median was 1.29.


Be Aware

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


Bouygues Cyclically Adjusted Book per Share Related Terms

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


Bouygues (Bouygues) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bouygues (OTCPK:BOUYY) » Definitions » Cyclically Adjusted Book per Share
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Address
32 avenue Hoche, Paris, FRA, 75008
Bouygues is a French conglomerate made up of a disparate range of assets: a construction business, a TV business, and a telecom business. It is one of the biggest construction companies in France and Europe with construction sales of around EUR 25 billion-EUR 30 billion and one of the four telecom operators in France, with both mobile and fixed operations and EUR 6 billion in revenue. It is also the owner of TF1, one of the main media and TV companies in France.

Bouygues (Bouygues) Headlines

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