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Enerflex (FRA:7EX) Cyclically Adjusted Book per Share : €10.83 (As of Mar. 2024)


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What is Enerflex 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.

Enerflex's adjusted book value per share for the three months ended in Mar. 2024 was €7.607. 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 €10.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enerflex's average Cyclically Adjusted Book Growth Rate was 0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Enerflex was 5.00% per year. The lowest was 4.80% per year. And the median was 4.90% per year.

As of today (2024-06-09), Enerflex's current stock price is €4.50. Enerflex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €10.83. Enerflex's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enerflex was 0.90. The lowest was 0.32. And the median was 0.52.


Enerflex Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enerflex'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.

Enerflex Cyclically Adjusted Book per Share Chart

Enerflex 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 9.06 9.04 9.83 10.73 10.75

Enerflex 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 10.63 10.98 11.10 10.75 10.83

Competitive Comparison of Enerflex's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Enerflex'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.


Enerflex's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enerflex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Enerflex 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, Enerflex'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)
=7.607/126.2576*126.2576
=7.607

Current CPI (Mar. 2024) = 126.2576.

Enerflex Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.416 99.473 10.682
201409 8.608 99.394 10.934
201412 9.033 98.367 11.594
201503 9.959 99.789 12.601
201506 10.000 100.500 12.563
201509 9.709 100.421 12.207
201512 9.645 99.947 12.184
201603 8.857 101.054 11.066
201606 7.985 102.002 9.884
201609 8.890 101.765 11.030
201612 8.906 101.449 11.084
201703 9.033 102.634 11.112
201706 8.731 103.029 10.699
201709 8.501 103.345 10.386
201712 8.600 103.345 10.507
201803 8.269 105.004 9.943
201806 8.746 105.557 10.461
201809 8.924 105.636 10.666
201812 9.281 105.399 11.118
201903 9.443 106.979 11.145
201906 9.648 107.690 11.311
201909 10.226 107.611 11.998
201912 10.305 107.769 12.073
202003 10.370 107.927 12.131
202006 10.329 108.401 12.030
202009 10.017 108.164 11.693
202012 10.040 108.559 11.677
202103 10.221 110.298 11.700
202106 10.169 111.720 11.492
202109 10.359 112.905 11.584
202112 10.478 113.774 11.628
202203 10.884 117.646 11.681
202206 11.288 120.806 11.797
202209 8.477 120.648 8.871
202212 8.673 120.964 9.053
202303 8.669 122.702 8.920
202306 8.561 124.203 8.703
202309 8.605 125.230 8.676
202312 7.774 125.072 7.848
202403 7.607 126.258 7.607

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


Enerflex  (FRA:7EX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.50/10.83
=0.42

* 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 Enerflex was 0.90. The lowest was 0.32. And the median was 0.52.


Be Aware

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


Enerflex Cyclically Adjusted Book per Share Related Terms

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


Enerflex (FRA:7EX) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerflex Ltd (FRA:7EX) » Definitions » Cyclically Adjusted Book per Share
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Address
1331 MacLeod Trail SE, Suite 904, Calgary, AB, CAN, T2G 0K3
Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, the Rest of the World, and Canada. Each regional business segment has three main product lines: Engineered Systems, After?market Service, and Energy Infrastructure. The USA segment earns the majority of the revenue.

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