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Kimberly-Clark (Kimberly-Clark) Cyclically Adjusted Book per Share : $1.68 (As of Mar. 2024)


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What is Kimberly-Clark 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.

Kimberly-Clark's adjusted book value per share for the three months ended in Mar. 2024 was $3.100. 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 $1.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kimberly-Clark's average Cyclically Adjusted Book Growth Rate was -44.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -29.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -24.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.60% 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 Kimberly-Clark was 6.10% per year. The lowest was -29.50% per year. And the median was 1.80% per year.

As of today (2024-04-27), Kimberly-Clark's current stock price is $135.24. Kimberly-Clark's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.68. Kimberly-Clark's Cyclically Adjusted PB Ratio of today is 80.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kimberly-Clark was 80.50. The lowest was 6.19. And the median was 12.97.


Kimberly-Clark Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kimberly-Clark'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.

Kimberly-Clark Cyclically Adjusted Book per Share Chart

Kimberly-Clark 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 7.12 5.70 4.57 3.28 2.00

Kimberly-Clark 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 3.00 2.69 2.36 2.00 1.68

Competitive Comparison of Kimberly-Clark's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Kimberly-Clark'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.


Kimberly-Clark's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kimberly-Clark's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kimberly-Clark 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, Kimberly-Clark'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)
=3.1/129.4194*129.4194
=3.100

Current CPI (Mar. 2024) = 129.4194.

Kimberly-Clark Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.337 100.560 15.878
201409 11.450 100.428 14.755
201412 1.996 99.070 2.607
201503 0.530 99.621 0.689
201506 1.417 100.684 1.821
201509 0.149 100.392 0.192
201512 -0.482 99.792 -0.625
201603 0.303 100.470 0.390
201606 0.545 101.688 0.694
201609 0.834 101.861 1.060
201612 -0.286 101.863 -0.363
201703 0.383 102.862 0.482
201706 0.289 103.349 0.362
201709 0.736 104.136 0.915
201712 1.792 104.011 2.230
201803 0.907 105.290 1.115
201806 -0.164 106.317 -0.200
201809 -0.384 106.507 -0.467
201812 -0.832 105.998 -1.016
201903 -0.887 107.251 -1.070
201906 -0.517 108.070 -0.619
201909 -0.411 108.329 -0.491
201912 -0.097 108.420 -0.116
202003 -0.490 108.902 -0.582
202006 0.786 108.767 0.935
202009 0.984 109.815 1.160
202012 1.848 109.897 2.176
202103 1.534 111.754 1.776
202106 1.555 114.631 1.756
202109 1.408 115.734 1.574
202112 1.526 117.630 1.679
202203 2.092 121.301 2.232
202206 1.757 125.017 1.819
202209 1.295 125.227 1.338
202212 1.621 125.222 1.675
202303 2.131 127.348 2.166
202306 1.478 128.729 1.486
202309 2.012 129.860 2.005
202312 2.715 129.419 2.715
202403 3.100 129.419 3.100

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


Kimberly-Clark  (NYSE:KMB) 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.

Kimberly-Clark's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=135.24/1.68
=80.50

* 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 Kimberly-Clark was 80.50. The lowest was 6.19. And the median was 12.97.


Be Aware

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


Kimberly-Clark Cyclically Adjusted Book per Share Related Terms

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


Kimberly-Clark (Kimberly-Clark) Business Description

Address
P.O. Box 619100, Dallas, TX, USA, 75261-9100
With more than half of sales from personal care and another third from tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.
Executives
Jeffrey P. Melucci officer: SVP - General Counsel 351 PHELPS DRIVE, IRVING TX 75038
Zackery A Hicks officer: Chief Digital & Technology Off C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Deeptha Khanna director PO BOX 619100, DALLAS TX 75261
Sandra R Karrmann officer: Chief Human Resources Officer P.O. BOX 619100, DALLAS TX 75261-9100
Doug Cunningham officer: President, EMEA PO BOX 619100, DALLAS TX 75261
Andrew Drexler officer: Vice President and Controller C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Michael D. Hsu officer: Group Pres., NACP C/O KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60048
Tristram Wilkinson officer: President, EMEA P.O. BOX 619100, DALLAS TX 75261-9100
Tamera Fenske officer: Chief Supply Chain Officer PO BOX 619100, DALLAS TX 75261
Sylvia M Mathews director P.O. BOX 619100, DALLAS TX 75261
Nelson Urdaneta officer: Chief Financial Officer C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Todd Maclin director P.O. BOX 619100, DALLAS TX 75261
Ehab Abou-oaf officer: President KCP PO BOX 619100, DALLAS TX 75261
Deirdre Mahlan director 1201 DOWDELL LANE, SAINT HELENA CA 94574
Jaime A Ramirez director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053

Kimberly-Clark (Kimberly-Clark) Headlines