GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Acme United Corp (AMEX:ACU) » Definitions » Cyclically Adjusted Book per Share

Acme United (Acme United) Cyclically Adjusted Book per Share : $20.44 (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Acme United 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.

Acme United's adjusted book value per share for the three months ended in Mar. 2024 was $27.060. 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 $20.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Acme United's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% 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 10.10% 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 Acme United was 14.20% per year. The lowest was -10.40% per year. And the median was 9.60% per year.

As of today (2024-06-08), Acme United's current stock price is $36.41. Acme United's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.44. Acme United's Cyclically Adjusted PB Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acme United was 3.13. The lowest was 1.19. And the median was 1.98.


Acme United Cyclically Adjusted Book per Share Historical Data

The historical data trend for Acme United'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.

Acme United Cyclically Adjusted Book per Share Chart

Acme United 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 12.99 13.99 16.04 18.10 19.76

Acme United 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 18.66 19.10 19.52 19.76 20.44

Competitive Comparison of Acme United's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Acme United'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.


Acme United's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Acme United 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, Acme United'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)
=27.06/131.7762*131.7762
=27.060

Current CPI (Mar. 2024) = 131.7762.

Acme United Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.773 100.560 15.428
201409 11.954 100.428 15.685
201412 11.979 99.070 15.934
201503 11.911 99.621 15.756
201506 12.740 100.684 16.674
201509 12.974 100.392 17.030
201512 12.896 99.792 17.029
201603 12.980 100.470 17.024
201606 13.700 101.688 17.754
201609 13.759 101.861 17.800
201612 13.871 101.863 17.944
201703 13.964 102.862 17.889
201706 14.635 103.349 18.660
201709 15.032 104.136 19.022
201712 14.801 104.011 18.752
201803 14.965 105.290 18.730
201806 15.478 106.317 19.184
201809 15.557 106.507 19.248
201812 15.618 105.998 19.416
201903 15.778 107.251 19.386
201906 16.355 108.070 19.943
201909 16.421 108.329 19.975
201912 16.624 108.420 20.205
202003 16.713 108.902 20.224
202006 17.686 108.767 21.427
202009 18.148 109.815 21.777
202012 18.783 109.897 22.523
202103 19.254 111.754 22.704
202106 21.096 114.631 24.251
202109 21.504 115.734 24.485
202112 21.894 117.630 24.527
202203 22.091 121.301 23.999
202206 22.673 125.017 23.899
202209 22.344 125.227 23.513
202212 22.336 125.222 23.505
202303 22.595 127.348 23.381
202306 23.445 128.729 24.000
202309 23.962 129.860 24.316
202312 26.857 129.419 27.346
202403 27.060 131.776 27.060

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


Acme United  (AMEX:ACU) 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.

Acme United's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.41/20.44
=1.78

* 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 Acme United was 3.13. The lowest was 1.19. And the median was 1.98.


Be Aware

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


Acme United Cyclically Adjusted Book per Share Related Terms

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


Acme United (Acme United) Business Description

Traded in Other Exchanges
Address
1 Waterview Drive, Shelton, CT, USA, 06484
Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.
Executives
Brian S Olschan director, officer: Pres, Chief Operations Officer C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Rex Lynn Davidson director 70 BATTERY PLACE #620, NEW YORK NY 10280
Paul G Driscoll officer: Vice President and CFO C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Brian Barker director 55 WALLS DRIVE, FAIRFIELD CT 06824
Walter C Johnsen director, officer: See Remarks C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Ward Stevenson E Iii director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Susan H Murphy director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Holden Richmond Y Jr director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
North Star Investment Management Corp. 10 percent owner 20 N. WACKER DRIVE, SUITE # 1416, CHICAGO IL 60606
Gary D Penisten director, officer: Chairman C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
R Scott Asen 10 percent owner 224 E 49TH ST, NEW YORK NY 10017
James A Benkovic officer: Vice President of Sales C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Stephen Jr Spinelli director THE COLONNADE RESIDENCES, 118 HUNTINGTON AVE, APT 1102, BOSTON MA 02116
Wayne R Moore director C/O ACME UNITED CORP, 1931 BLACK ROCK TURNPIKE, FAIRFIELD CT 06825
George R Dunbar director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824