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Saia (SAIA) Cyclically Adjusted Book per Share : $36.76 (As of Dec. 2023)


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What is Saia 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.

Saia's adjusted book value per share for the three months ended in Dec. 2023 was $73.320. 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 $36.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Saia's average Cyclically Adjusted Book Growth Rate was 20.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.50% 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 Saia was 22.40% per year. The lowest was 2.00% per year. And the median was 11.15% per year.

As of today (2024-04-28), Saia's current stock price is $428.81. Saia's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $36.76. Saia's Cyclically Adjusted PB Ratio of today is 11.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saia was 16.13. The lowest was 1.73. And the median was 4.91.


Saia Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saia'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.

Saia Cyclically Adjusted Book per Share Chart

Saia 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 17.40 20.07 24.68 30.48 36.76

Saia 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 30.48 32.20 33.82 35.46 36.76

Competitive Comparison of Saia's Cyclically Adjusted Book per Share

For the Trucking subindustry, Saia'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.


Saia's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Saia 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, Saia'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)
=73.32/129.4194*129.4194
=73.320

Current CPI (Dec. 2023) = 129.4194.

Saia Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.762 99.695 16.567
201406 13.374 100.560 17.212
201409 14.101 100.428 18.172
201412 14.752 99.070 19.271
201503 15.116 99.621 19.637
201506 15.958 100.684 20.512
201509 16.463 100.392 21.223
201512 17.019 99.792 22.072
201603 17.421 100.470 22.441
201606 18.018 101.688 22.932
201609 18.601 101.861 23.633
201612 19.077 101.863 24.238
201703 19.471 102.862 24.498
201706 20.235 103.349 25.339
201709 20.861 104.136 25.926
201712 22.797 104.011 28.366
201803 23.652 105.290 29.072
201806 24.909 106.317 30.322
201809 26.049 106.507 31.653
201812 27.083 105.998 33.067
201903 27.719 107.251 33.449
201906 29.241 108.070 35.018
201909 30.551 108.329 36.499
201912 31.432 108.420 37.520
202003 32.359 108.902 38.456
202006 33.466 108.767 39.820
202009 35.115 109.815 41.384
202012 36.639 109.897 43.148
202103 37.884 111.754 43.872
202106 40.370 114.631 45.578
202109 43.465 115.734 48.605
202112 46.503 117.630 51.164
202203 48.905 121.301 52.178
202206 53.149 125.017 55.021
202209 56.929 125.227 58.835
202212 59.678 125.222 61.678
202303 62.223 127.348 63.235
202306 65.807 128.729 66.160
202309 69.665 129.860 69.429
202312 73.320 129.419 73.320

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


Saia  (NAS:SAIA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=428.81/36.76
=11.67

* 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 Saia was 16.13. The lowest was 1.73. And the median was 4.91.


Be Aware

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


Saia Cyclically Adjusted Book per Share Related Terms

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


Saia (SAIA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saia Inc (NAS:SAIA) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
11465 Johns Creek Parkway, Suite 400, Johns Creek, GA, USA, 30097
Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 190 facilities and a fleet of about 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.
Executives
Di-ann Eisnor director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Raymond R Ramu officer: Chief Customer Officer 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Patrick D Sugar officer: EVP Operations 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Holzgrefe Frederick J Iii officer: VP Finance, CFO and Secretary 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Douglas L Col officer: VP Finance, CFO 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Susan F Ward director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Donna E Epps director 11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Richard D Odell officer: President & CEO of Saia 11465 JOHNS CREEK PARKWAY, STE 400, JOHNS CREEK GA 30097
Anthony R Norwood officer: EVP & CHRO 11465 JOHNS CREEK PARKWAY, JOHNS CREEK GA 30097
Kelly W Benton officer: VP & Controller 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Rohit Lal officer: VP Information Technology, CIO 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Kevin A Henry director 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Donald R James director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Karla J Staver officer: VP Safety and Human Resources 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Stephanie R Maschmeier officer: Controller 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097

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