GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Colgate-Palmolive Co (FRA:CPA) » Definitions » Cyclically Adjusted Book per Share

Colgate-Palmolive Co (FRA:CPA) Cyclically Adjusted Book per Share : €0.21 (As of Mar. 2024)


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

What is Colgate-Palmolive Co 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.

Colgate-Palmolive Co's adjusted book value per share for the three months ended in Mar. 2024 was €0.258. 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 €0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Colgate-Palmolive Co's average Cyclically Adjusted Book Growth Rate was -48.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -33.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -26.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.80% 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 Colgate-Palmolive Co was 15.70% per year. The lowest was -33.20% per year. And the median was -0.90% per year.

As of today (2024-05-16), Colgate-Palmolive Co's current stock price is €86.95. Colgate-Palmolive Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.21. Colgate-Palmolive Co's Cyclically Adjusted PB Ratio of today is 414.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Colgate-Palmolive Co was 418.29. The lowest was 29.55. And the median was 44.32.


Colgate-Palmolive Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Colgate-Palmolive Co'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.

Colgate-Palmolive Co Cyclically Adjusted Book per Share Chart

Colgate-Palmolive Co 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 0.98 0.76 0.64 0.48 0.25

Colgate-Palmolive Co 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 0.42 0.37 0.32 0.25 0.21

Competitive Comparison of Colgate-Palmolive Co's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Colgate-Palmolive Co'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.


Colgate-Palmolive Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colgate-Palmolive Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Colgate-Palmolive Co's Cyclically Adjusted PB Ratio falls into.



Colgate-Palmolive Co 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, Colgate-Palmolive Co'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)
=0.258/129.4194*129.4194
=0.258

Current CPI (Mar. 2024) = 129.4194.

Colgate-Palmolive Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.434 100.560 1.846
201409 1.209 100.428 1.558
201412 1.024 99.070 1.338
201503 0.470 99.621 0.611
201506 0.449 100.684 0.577
201509 0.253 100.392 0.326
201512 -0.307 99.792 -0.398
201603 -0.372 100.470 -0.479
201606 -0.281 101.688 -0.358
201609 -0.133 101.861 -0.169
201612 -0.261 101.863 -0.332
201703 -0.331 102.862 -0.416
201706 -0.245 103.349 -0.307
201709 -0.103 104.136 -0.128
201712 -0.058 104.011 -0.072
201803 -0.231 105.290 -0.284
201806 -0.516 106.317 -0.628
201809 -0.425 106.507 -0.516
201812 -0.104 105.998 -0.127
201903 -0.569 107.251 -0.687
201906 -0.358 108.070 -0.429
201909 -0.343 108.329 -0.410
201912 0.123 108.420 0.147
202003 -0.119 108.902 -0.141
202006 0.278 108.767 0.331
202009 0.647 109.815 0.763
202012 0.719 109.897 0.847
202103 0.260 111.754 0.301
202106 0.457 114.631 0.516
202109 0.596 115.734 0.666
202112 0.641 117.630 0.705
202203 0.348 121.301 0.371
202206 0.191 125.017 0.198
202209 0.752 125.227 0.777
202212 0.456 125.222 0.471
202303 -0.007 127.348 -0.007
202306 -0.071 128.729 -0.071
202309 -0.010 129.860 -0.010
202312 0.680 129.419 0.680
202403 0.258 129.419 0.258

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


Colgate-Palmolive Co  (FRA:CPA) 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.

Colgate-Palmolive Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=86.95/0.21
=414.05

* 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 Colgate-Palmolive Co was 418.29. The lowest was 29.55. And the median was 44.32.


Be Aware

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


Colgate-Palmolive Co Cyclically Adjusted Book per Share Related Terms

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


Colgate-Palmolive Co (FRA:CPA) Business Description

Address
300 Park Avenue, New York, NY, USA, 10022-7499
Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oralcare line, the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International accounts for about 70% of its total sales base, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.