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Cascades (Cascades) Cyclically Adjusted Book per Share : $12.93 (As of Dec. 2023)


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What is Cascades 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.

Cascades's adjusted book value per share for the three months ended in Dec. 2023 was $12.873. 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 $12.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cascades's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Cascades was 8.10% per year. The lowest was -2.30% per year. And the median was 2.45% per year.

As of today (2024-04-29), Cascades's current stock price is $6.7715. Cascades's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.93. Cascades's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cascades was 1.45. The lowest was 0.36. And the median was 0.83.


Cascades Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cascades'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.

Cascades Cyclically Adjusted Book per Share Chart

Cascades 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 10.46 10.45 11.38 11.74 12.93

Cascades 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 11.74 11.95 12.58 12.43 12.93

Competitive Comparison of Cascades's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Cascades'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.


Cascades's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cascades's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cascades 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, Cascades'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)
=12.873/125.4675*125.4675
=12.873

Current CPI (Dec. 2023) = 125.4675.

Cascades Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.280 98.604 13.081
201406 9.553 99.473 12.049
201409 9.239 99.394 11.663
201412 8.222 98.367 10.487
201503 7.284 99.789 9.158
201506 7.695 100.500 9.607
201509 7.358 100.421 9.193
201512 6.634 99.947 8.328
201603 7.168 101.054 8.900
201606 7.595 102.002 9.342
201609 7.644 101.765 9.424
201612 7.804 101.449 9.652
201703 9.168 102.634 11.208
201706 11.673 103.029 14.215
201709 12.208 103.345 14.821
201712 11.996 103.345 14.564
201803 12.365 105.004 14.775
201806 12.514 105.557 14.874
201809 12.866 105.636 15.281
201812 11.903 105.399 14.169
201903 11.959 106.979 14.026
201906 12.142 107.690 14.146
201909 12.634 107.611 14.730
201912 12.011 107.769 13.983
202003 11.712 107.927 13.615
202006 12.107 108.401 14.013
202009 11.730 108.164 13.606
202012 13.356 108.559 15.436
202103 13.792 110.298 15.689
202106 14.129 111.720 15.868
202109 13.936 112.905 15.487
202112 14.555 113.774 16.051
202203 14.599 117.646 15.570
202206 14.648 120.806 15.213
202209 14.409 120.648 14.985
202212 13.723 120.964 14.234
202303 12.962 122.702 13.254
202306 13.301 124.203 13.436
202309 13.360 125.230 13.385
202312 12.873 125.468 12.873

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


Cascades  (OTCPK:CADNF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.7715/12.93
=0.52

* 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 Cascades was 1.45. The lowest was 0.36. And the median was 0.83.


Be Aware

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


Cascades Cyclically Adjusted Book per Share Related Terms

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


Cascades (Cascades) Business Description

Traded in Other Exchanges
Address
404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into three main business segments: Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.