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Rockwell Automation (Rockwell Automation) Cyclically Adjusted Book per Share : $20.24 (As of Dec. 2023)


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What is Rockwell Automation 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.

Rockwell Automation's adjusted book value per share for the three months ended in Dec. 2023 was $31.483. 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 $20.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rockwell Automation's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.70% 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 Rockwell Automation was 8.80% per year. The lowest was -7.80% per year. And the median was 0.65% per year.

As of today (2024-04-27), Rockwell Automation's current stock price is $280.12. Rockwell Automation's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $20.24. Rockwell Automation's Cyclically Adjusted PB Ratio of today is 13.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rockwell Automation was 20.93. The lowest was 6.33. And the median was 10.83.


Rockwell Automation Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rockwell Automation'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.

Rockwell Automation Cyclically Adjusted Book per Share Chart

Rockwell Automation Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.94 15.66 16.75 18.64 20.16

Rockwell Automation 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 18.82 19.35 19.82 20.16 20.24

Competitive Comparison of Rockwell Automation's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Rockwell Automation'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.


Rockwell Automation's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rockwell Automation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rockwell Automation 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, Rockwell Automation'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)
=31.483/129.4194*129.4194
=31.483

Current CPI (Dec. 2023) = 129.4194.

Rockwell Automation Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.865 99.695 25.788
201406 19.742 100.560 25.408
201409 19.445 100.428 25.058
201412 18.968 99.070 24.779
201503 19.071 99.621 24.775
201506 19.060 100.684 24.500
201509 17.045 100.392 21.974
201512 17.018 99.792 22.070
201603 17.009 100.470 21.910
201606 16.393 101.688 20.864
201609 15.487 101.861 19.677
201612 15.939 101.863 20.251
201703 17.059 102.862 21.463
201706 16.968 103.349 21.248
201709 20.745 104.136 25.782
201712 16.874 104.011 20.996
201803 15.506 105.290 19.060
201806 11.726 106.317 14.274
201809 13.357 106.507 16.230
201812 10.660 105.998 13.015
201903 11.290 107.251 13.624
201906 9.884 108.070 11.837
201909 3.494 108.329 4.174
201912 6.171 108.420 7.366
202003 5.360 108.902 6.370
202006 6.644 108.767 7.906
202009 8.845 109.815 10.424
202012 13.410 109.897 15.792
202103 15.655 111.754 18.130
202106 19.561 114.631 22.084
202109 20.600 115.734 23.036
202112 21.558 117.630 23.719
202203 22.640 121.301 24.155
202206 20.715 125.017 21.445
202209 23.660 125.227 24.452
202212 25.394 125.222 26.245
202303 27.469 127.348 27.916
202306 29.107 128.729 29.263
202309 31.024 129.860 30.919
202312 31.483 129.419 31.483

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


Rockwell Automation  (NYSE:ROK) 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.

Rockwell Automation's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=280.12/20.24
=13.84

* 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 Rockwell Automation was 20.93. The lowest was 6.33. And the median was 10.83.


Be Aware

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


Rockwell Automation Cyclically Adjusted Book per Share Related Terms

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


Rockwell Automation (Rockwell Automation) Business Description

Traded in Other Exchanges
Address
1201 South Second Street, Milwaukee, WI, USA, 53204
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.
Executives
Matthew W. Fordenwalt officer: SVP Lifecycle Services 1201 S. 2ND STREET, MILWAUKEE WI 53204
Christopher Nardecchia officer: SVP, Chief Information Officer 1201 S. 2ND STREET, MILWAUKEE WI 53204
Rebecca W House officer: SVP, CLO and Secretary 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Frank C Kulaszewicz officer: SVP C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Blake D. Moret director, officer: President and CEO C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
John M Miller officer: VP and Chief IP Counsel C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Terry L. Riesterer officer: Vice President and Controller 1201 S. 2ND STREET, MILWAUKEE WI 53204
Nicholas C Gangestad officer: Sr. VP and CFO 3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
Veena M Lakkundi officer: SVP, Strategy & Corp Developmt 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Isaac Woods officer: Vice President and Treasurer 1201 S 2ND STREET, MILWAUKEE WI 53204
Scott Genereux officer: Sr.VP, Chief Revenue Officer 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Brian A Shepherd officer: Sr. VP Software and Control 1201 S 2ND STREET, MILWAUKEE WI 53204
Robert L. Buttermore officer: SVP,Chief Supply Chain Officer 1201 S. 2ND STREET, MILWAUKEE WI 53204
Cyril Perducat officer: SVP, Technology 1201 S. 2ND STREET, MILWAUKEE WI 53204
Tessa M. Myers officer: SVP, Intelligent Devices 4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224