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Masonite International (Masonite International) Cyclically Adjusted Book per Share : $30.55 (As of Dec. 2023)


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What is Masonite International 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.

Masonite International's adjusted book value per share for the three months ended in Dec. 2023 was $38.847. 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 $30.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Masonite International's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 Masonite International was 4.00% per year. The lowest was 4.00% per year. And the median was 4.00% per year.

As of today (2024-04-30), Masonite International's current stock price is $132.57. Masonite International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $30.55. Masonite International's Cyclically Adjusted PB Ratio of today is 4.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Masonite International was 4.73. The lowest was 2.31. And the median was 3.35.


Masonite International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Masonite International'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.

Masonite International Cyclically Adjusted Book per Share Chart

Masonite International 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 - 27.12 27.60 29.26 30.55

Masonite International 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 29.26 29.68 30.09 30.41 30.55

Competitive Comparison of Masonite International's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Masonite International'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.


Masonite International's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Masonite International 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, Masonite International'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)
=38.847/125.4675*125.4675
=38.847

Current CPI (Dec. 2023) = 125.4675.

Masonite International Quarterly Data

Book Value per Share CPI Adj_Book
201403 26.465 98.604 33.675
201406 26.614 99.473 33.569
201409 25.392 99.394 32.053
201412 23.636 98.367 30.148
201503 21.451 99.789 26.971
201506 22.162 100.500 27.668
201509 20.942 100.421 26.165
201512 21.112 99.947 26.503
201603 21.480 101.054 26.669
201606 22.362 102.002 27.506
201609 22.306 101.765 27.501
201612 21.726 101.449 26.870
201703 22.089 102.634 27.003
201706 23.033 103.029 28.049
201709 23.057 103.345 27.993
201712 25.472 103.345 30.925
201803 25.369 105.004 30.313
201806 25.273 105.557 30.040
201809 25.495 105.636 30.281
201812 23.628 105.399 28.127
201903 23.587 106.979 27.663
201906 24.097 107.690 28.075
201909 24.135 107.611 28.140
201912 25.126 107.769 29.252
202003 23.905 107.927 27.790
202006 25.966 108.401 30.054
202009 25.896 108.164 30.039
202012 28.046 108.559 32.414
202103 29.650 110.298 33.728
202106 30.503 111.720 34.257
202109 30.517 112.905 33.913
202112 29.133 113.774 32.127
202203 27.255 117.646 29.067
202206 29.266 120.806 30.395
202209 30.774 120.648 32.003
202212 33.045 120.964 34.275
202303 34.766 122.702 35.550
202306 37.237 124.203 37.616
202309 38.612 125.230 38.685
202312 38.847 125.468 38.847

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


Masonite International  (NYSE:DOOR) 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.

Masonite International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=132.57/30.55
=4.34

* 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 Masonite International was 4.73. The lowest was 2.31. And the median was 3.35.


Be Aware

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


Masonite International Cyclically Adjusted Book per Share Related Terms

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


Masonite International (Masonite International) Business Description

Traded in Other Exchanges
Address
2771 Rutherford Road, Concord, ON, CAN, L4K 2N6
Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.
Executives
Alexander Albert Legall officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Jay Ira Steinfeld director 4919 HOLLY STREET, BELLAIRE TX 77401
Catherine Anne Shellabarger officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Robert J Byrne director C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Patrick Daniel Brisley officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Victoria Louise Philemon officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Peter R Dachowski director C/O BACKYARD HOLDCO, INC., 7830 FREEWAY CIRCLE, MIDDLEBURG HEIGHTS OH 44130
James C Pelletier other: SVP, GC & Corporate Secretary 1242 EAST 5TH AVENUE, TAMPA FL 33605
Robert Edgar Lewis officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 1242 EAST 5TH AVENUE, TAMPA FL 33602
Christopher O Ball officer: President, Global Residential 1242 EAST 5TH AVENUE, TAMPA FL 33605
Francis M Scricco director C/O AVAYA INC., 211 MOUNT AIRY ROAD, BASKING RIDGE NJ 07920
Barry A. Ruffalo director ASTEC INDUSTRIES, INC., 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Randal Alan White officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 201 N. FRANKLIN STREET, SUITE 300, TAMPA FL 33602
John H. Chuang director 711 BOYLSTON STREET, BOSTON MA 02445