GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Blue Bird Corp (NAS:BLBD) » Definitions » Cyclically Adjusted Book per Share

Blue Bird (Blue Bird) Cyclically Adjusted Book per Share : $-2.69 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Blue Bird 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.

Blue Bird's adjusted book value per share for the three months ended in Mar. 2024 was $3.275. 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 $-2.69 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 (2024-05-17), Blue Bird's current stock price is $53.08. Blue Bird's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $-2.69. Blue Bird's Cyclically Adjusted PB Ratio of today is .


Blue Bird Cyclically Adjusted Book per Share Historical Data

The historical data trend for Blue Bird'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.

Blue Bird Cyclically Adjusted Book per Share Chart

Blue Bird Annual Data
Trend Dec14 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 - - - - -2.54

Blue Bird 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 - - -2.54 -2.47 -2.69

Competitive Comparison of Blue Bird's Cyclically Adjusted Book per Share

For the Auto Manufacturers subindustry, Blue Bird'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.


Blue Bird's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Blue Bird's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Blue Bird 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, Blue Bird'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)
=3.275/131.7762*131.7762
=3.275

Current CPI (Mar. 2024) = 131.7762.

Blue Bird Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.784 100.560 10.200
201409 7.552 100.428 9.909
201412 7.427 99.070 9.879
201503 -9.452 99.621 -12.503
201506 -8.844 100.684 -11.575
201509 -8.203 100.392 -10.767
201512 -8.174 99.792 -10.794
201603 -8.058 100.470 -10.569
201606 -6.949 101.688 -9.005
201609 -6.083 101.861 -7.869
201612 -6.273 101.863 -8.115
201703 -5.613 102.862 -7.191
201706 -4.620 103.349 -5.891
201709 -4.150 104.136 -5.252
201712 -4.404 104.011 -5.580
201803 -4.598 105.290 -5.755
201806 -1.999 106.317 -2.478
201809 -1.381 106.507 -1.709
201812 -3.025 105.998 -3.761
201903 -2.934 107.251 -3.605
201906 -2.312 108.070 -2.819
201909 -2.561 108.329 -3.115
201912 -2.559 108.420 -3.110
202003 -2.407 108.902 -2.913
202006 -2.290 108.767 -2.774
202009 -1.968 109.815 -2.362
202012 -2.002 109.897 -2.401
202103 -1.937 111.754 -2.284
202106 -1.721 114.631 -1.978
202109 -1.200 115.734 -1.366
202112 1.203 117.630 1.348
202203 0.862 121.301 0.936
202206 0.687 125.017 0.724
202209 0.043 125.227 0.045
202212 -0.287 125.222 -0.302
202303 -0.035 127.348 -0.036
202306 0.325 128.729 0.333
202309 1.244 129.860 1.262
202312 2.347 129.419 2.390
202403 3.275 131.776 3.275

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


Blue Bird  (NAS:BLBD) 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.


Be Aware

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


Blue Bird Cyclically Adjusted Book per Share Related Terms

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


Blue Bird (Blue Bird) Business Description

Industry
Traded in Other Exchanges
Address
3920 Arkwright Road, 2nd Floor, Macon, GA, USA, 31210
Blue Bird Corp is an American bus manufacturing company. It has its operations in two segments. The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. It carries its operations in the United States, Canada, and the rest of the world. The majority of its sales are derived from the United States through its bus manufacturing business.
Executives
Phil Horlock director, officer: President and CEO C/O LOJACK CORPORATION, 40 PEQUOT WAY, CANTON MA 02021
Asp Bb Holdings Llc 10 percent owner 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Razvan Radulescu officer: Chief Financial Officer 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Julie A Fream director 3920 ARKWRIGHT RD #200, MACON GA 31210
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Britton Smith officer: President 3920 ARKWRIGHT RD, SUITE 200, MACON GA 31210
Mark Blaufuss director C/O BLUE BIRD CORPORATION, 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Simon J Newman director 3920 ARKWRIGHT RD # 200, MACON GA 31210
Ted Scartz officer: SVP General Counsel 3920 ARKWRIGHT RD #200, MACON GA 31210
Matthew Stevenson officer: President 150 PEABODY PLACE, M.S. LEGL-0008, MEMPHIS TN 38103
Paul Yousif officer: See Remarks C/O BLUE BIRD CORPORATION, 402 BLUE BIRD BOULEVARD, FORT VALLEY GA 31030
Jared Sperling director C/O AMERICAN SECURITIES LLC, 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Mark Ashburn Terry officer: Chief Commercial Officer 402 BLUE BIRD BLVD, FORT VALLEY GA 31030
Jeffery L Taylor officer: Chief Financial Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Jenkins Charles R Iii officer: Chief Operating Officer 217 SANSBURY TRAIL, WARNER ROBINS GA 31088