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KBR (FRA:K6B) Cyclically Adjusted Book per Share : €11.23 (As of Mar. 2024)


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What is KBR 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.

KBR's adjusted book value per share for the three months ended in Mar. 2024 was €9.620. 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 €11.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KBR's average Cyclically Adjusted Book Growth Rate was -5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.80% 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 KBR was -0.90% per year. The lowest was -2.80% per year. And the median was -1.65% per year.

As of today (2024-05-24), KBR's current stock price is €60.50. KBR's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.23. KBR's Cyclically Adjusted PB Ratio of today is 5.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KBR was 5.47. The lowest was 0.83. And the median was 1.67.


KBR Cyclically Adjusted Book per Share Historical Data

The historical data trend for KBR'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.

KBR Cyclically Adjusted Book per Share Chart

KBR 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 12.00 10.27 11.49 11.94 10.99

KBR 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 11.77 11.62 11.98 10.99 11.23

Competitive Comparison of KBR's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, KBR'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.


KBR's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



KBR 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, KBR'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)
=9.62/131.7762*131.7762
=9.620

Current CPI (Mar. 2024) = 131.7762.

KBR Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.905 100.560 15.601
201409 12.436 100.428 16.318
201412 5.275 99.070 7.016
201503 5.631 99.621 7.449
201506 5.809 100.684 7.603
201509 6.065 100.392 7.961
201512 6.882 99.792 9.088
201603 7.094 100.470 9.304
201606 7.271 101.688 9.422
201609 6.938 101.861 8.976
201612 5.025 101.863 6.501
201703 5.245 102.862 6.719
201706 5.236 103.349 6.676
201709 5.193 104.136 6.571
201712 7.409 104.011 9.387
201803 8.720 105.290 10.914
201806 9.710 106.317 12.035
201809 9.995 106.507 12.366
201812 10.593 105.998 13.169
201903 11.093 107.251 13.630
201906 11.092 108.070 13.525
201909 11.515 108.329 14.007
201912 11.671 108.420 14.185
202003 10.367 108.902 12.545
202006 10.075 108.767 12.206
202009 10.055 109.815 12.066
202012 9.226 109.897 11.063
202103 9.787 111.754 11.540
202106 8.661 114.631 9.956
202109 9.005 115.734 10.253
202112 10.567 117.630 11.838
202203 10.157 121.301 11.034
202206 10.791 125.017 11.374
202209 11.432 125.227 12.030
202212 11.203 125.222 11.789
202303 11.287 127.348 11.679
202306 11.049 128.729 11.311
202309 10.786 129.860 10.945
202312 9.389 129.419 9.560
202403 9.620 131.776 9.620

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


KBR  (FRA:K6B) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.50/11.23
=5.39

* 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 KBR was 5.47. The lowest was 0.83. And the median was 1.67.


Be Aware

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


KBR Cyclically Adjusted Book per Share Related Terms

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


KBR (FRA:K6B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » KBR Inc (FRA:K6B) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
601 Jefferson Street, Suite 3400, Houston, TX, USA, 77002
KBR (formerly Kellogg, Brown & Root) is global provider of technology, integrated engineering, procurement, and construction delivery, and operations and maintenance services. The company's business is organized into two segments: government solutions and sustainable technology solutions. KBR has customers in more than 75 countries, with operations in 40, and employs 36,000 people. The firm generated $6.6 billion in revenue in 2022.

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