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Atkore (Atkore) Cyclically Adjusted Book per Share : $14.46 (As of Mar. 2024)


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What is Atkore 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.

Atkore's adjusted book value per share for the three months ended in Mar. 2024 was $42.908. 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 $14.46 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-08), Atkore's current stock price is $141.41. Atkore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.46. Atkore's Cyclically Adjusted PB Ratio of today is 9.78.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Atkore was 12.71. The lowest was 9.78. And the median was 11.34.


Atkore Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atkore'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.

Atkore Cyclically Adjusted Book per Share Chart

Atkore Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
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Atkore 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 - - - - 14.46

Competitive Comparison of Atkore's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Atkore'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.


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

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

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



Atkore 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, Atkore'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)
=42.908/131.7762*131.7762
=42.908

Current CPI (Mar. 2024) = 131.7762.

Atkore Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.000 98.790 0.000
201409 2.824 100.428 3.706
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 2.501 100.392 3.283
201512 2.643 99.792 3.490
201603 2.869 100.470 3.763
201606 3.200 101.688 4.147
201609 4.119 101.861 5.329
201612 4.445 101.863 5.750
201703 4.836 102.862 6.195
201706 5.381 103.349 6.861
201709 5.700 104.136 7.213
201712 6.119 104.011 7.752
201803 1.333 105.290 1.668
201806 1.605 106.317 1.989
201809 2.593 106.507 3.208
201812 2.637 105.998 3.278
201903 3.429 107.251 4.213
201906 4.339 108.070 5.291
201909 4.961 108.329 6.035
201912 5.732 108.420 6.967
202003 6.262 108.902 7.577
202006 6.860 108.767 8.311
202009 7.982 109.815 9.578
202012 9.380 109.897 11.247
202103 12.136 111.754 14.310
202106 14.685 114.631 16.881
202109 18.800 115.734 21.406
202112 20.765 117.630 23.262
202203 23.320 121.301 25.334
202206 26.989 125.017 28.448
202209 30.415 125.227 32.006
202212 31.982 125.222 33.656
202303 34.615 127.348 35.819
202306 37.379 128.729 38.264
202309 39.341 129.860 39.922
202312 40.708 129.419 41.449
202403 42.908 131.776 42.908

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


Atkore  (NYSE:ATKR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=141.41/14.46
=9.78

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Atkore was 12.71. The lowest was 9.78. And the median was 11.34.


Be Aware

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


Atkore Cyclically Adjusted Book per Share Related Terms

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


Atkore (Atkore) Business Description

Industry
Traded in Other Exchanges
Address
16100 South Lathrop Avenue, Harvey, IL, USA, 60426
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
Executives
Waltz William E Jr. officer: President, Conduit & Fittings 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Mark F. Lamps officer: Pres. Mech. Prods. & Solutions 16100 S. LATHROP AVENUE, HARVEY IL 60426
Leangela W. Lowe officer: VP, Global Human Resources 16100 S. LATHROP AVENUE, HARVEY IL 60426
Scott H Muse director C/O RICHARD W DAVIES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
A Mark Zeffiro director 2600 W. BIG BEAVER ROAD, SUITE 555, TROY MI 48084
David Paul Johnson officer: Vice President and CFO 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Justin A Kershaw director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
James Wilbert W Jr director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Daniel S Kelly officer: VP, General Counsel and Sec. 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Barbara Joanne Edwards director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
John W Pregenzer officer: President, Electrical 16100 S LATHROP AVENUE, HARVEY IL 60426
William Vanarsdale director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Peter J Lariviere officer: President, Cable Solutions 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Michael J Schulte officer: Pres, Mech. Prods. & Solutions 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
John Patrick Williamson officer: President and CEO 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426