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Euronet Worldwide (Euronet Worldwide) Cyclically Adjusted Book per Share : $25.27 (As of Dec. 2023)


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What is Euronet Worldwide 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.

Euronet Worldwide's adjusted book value per share for the three months ended in Dec. 2023 was $27.304. 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 $25.27 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Euronet Worldwide's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Euronet Worldwide was 32.60% per year. The lowest was 7.30% per year. And the median was 11.30% per year.

As of today (2024-04-28), Euronet Worldwide's current stock price is $103.83. Euronet Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $25.27. Euronet Worldwide's Cyclically Adjusted PB Ratio of today is 4.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Euronet Worldwide was 10.74. The lowest was 2.95. And the median was 5.68.


Euronet Worldwide Cyclically Adjusted Book per Share Historical Data

The historical data trend for Euronet Worldwide'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.

Euronet Worldwide Cyclically Adjusted Book per Share Chart

Euronet Worldwide 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 16.93 18.43 21.13 23.34 25.27

Euronet Worldwide 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 23.34 24.04 24.65 25.08 25.27

Competitive Comparison of Euronet Worldwide's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Euronet Worldwide'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.


Euronet Worldwide's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Euronet Worldwide's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Euronet Worldwide 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, Euronet Worldwide'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)
=27.304/129.4194*129.4194
=27.304

Current CPI (Dec. 2023) = 129.4194.

Euronet Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.966 99.695 16.832
201406 14.284 100.560 18.383
201409 13.845 100.428 17.842
201412 14.163 99.070 18.502
201503 13.184 99.621 17.128
201506 14.214 100.684 18.271
201509 15.084 100.392 19.445
201512 15.548 99.792 20.164
201603 15.725 100.470 20.256
201606 16.344 101.688 20.801
201609 17.713 101.861 22.505
201612 17.199 101.863 21.852
201703 18.166 102.862 22.856
201706 20.210 103.349 25.308
201709 22.720 104.136 28.236
201712 22.696 104.011 28.240
201803 21.902 105.290 26.921
201806 20.981 106.317 25.540
201809 22.908 106.507 27.836
201812 23.788 105.998 29.044
201903 24.788 107.251 29.912
201906 25.664 108.070 30.734
201909 26.652 108.329 31.841
201912 29.127 108.420 34.768
202003 24.699 108.902 29.352
202006 23.193 108.767 27.597
202009 24.961 109.815 29.417
202012 27.413 109.897 32.283
202103 26.620 111.754 30.828
202106 27.246 114.631 30.761
202109 28.216 115.734 31.552
202112 24.546 117.630 27.006
202203 22.624 121.301 24.138
202206 20.561 125.017 21.285
202209 20.724 125.227 21.418
202212 24.981 125.222 25.818
202303 25.642 127.348 26.059
202306 27.836 128.729 27.985
202309 24.757 129.860 24.673
202312 27.304 129.419 27.304

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


Euronet Worldwide  (NAS:EEFT) 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.

Euronet Worldwide's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=103.83/25.27
=4.11

* 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 Euronet Worldwide was 10.74. The lowest was 2.95. And the median was 5.68.


Be Aware

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


Euronet Worldwide Cyclically Adjusted Book per Share Related Terms

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


Euronet Worldwide (Euronet Worldwide) Business Description

Industry
Traded in Other Exchanges
Address
11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS, USA, 66211
Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. Euronet Worldwide also offers global money transfers, payment services and software, banking services, credit and debit card outsourcing services, and card issuing and merchant acquiring services. The largest segment by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. The largest country by revenue is the United States of America.
Executives
Michael J Brown director, officer: CEO & President C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Fentanes Ligia Torres director 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
M Jeannine Strandjord director
Andrej Olechowski director WIERETNICZA 51, WARSAW POLAND R9 92200
Juan Bianchi officer: Executive Vice President C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Rick Weller officer: Chief Financial Officer/ EVP C/O EURONET WORLDWIDE, INC, 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEADWOOD KS 66211
Michael N Frumkin director C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Scott Claassen officer: General Counsel and Secretary C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Jeffrey B Newman officer: Exec VP and General Counsel C/O EURONET WORLDWIDE, INC., 3500 COLLEGE BOULEVARD, LEAWOOD KS 66211
Martin L. Bruckner officer: SVP - Chief Technology Officer C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Nikos Fountas officer: Managing Director EMEA EFT Div C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Kevin J Caponecchi officer: President C/O EURONET WORLDWIDE, INC, 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Eriberto R Scocimara director C/O QUAKER FABRIC CORP, 941 GRINNELL ST, FALL RIVER MA 02726
Mark R Callegari director C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Andrew B Schmitt director 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205