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Northwest Pipe Co (FRA:NW7) Cyclically Adjusted Book per Share : €27.81 (As of Mar. 2024)


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What is Northwest Pipe 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.

Northwest Pipe Co's adjusted book value per share for the three months ended in Mar. 2024 was €31.926. 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 €27.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Northwest Pipe Co's average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.10% 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 Northwest Pipe Co was 10.10% per year. The lowest was -2.10% per year. And the median was 3.35% per year.

As of today (2024-06-04), Northwest Pipe Co's current stock price is €32.40. Northwest Pipe Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €27.81. Northwest Pipe Co's Cyclically Adjusted PB Ratio of today is 1.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Northwest Pipe Co was 1.39. The lowest was 0.30. And the median was 0.94.


Northwest Pipe Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Northwest Pipe 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.

Northwest Pipe Co Cyclically Adjusted Book per Share Chart

Northwest Pipe 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 - 20.56 24.30 27.95 27.12

Northwest Pipe 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 27.67 26.76 28.55 27.12 27.81

Competitive Comparison of Northwest Pipe Co's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, Northwest Pipe 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.


Northwest Pipe Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Northwest Pipe Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Northwest Pipe 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, Northwest Pipe 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)
=31.926/131.7762*131.7762
=31.926

Current CPI (Mar. 2024) = 131.7762.

Northwest Pipe Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.559 100.560 25.631
201409 21.109 100.428 27.698
201412 20.925 99.070 27.833
201503 23.551 99.621 31.153
201506 21.613 100.684 28.287
201509 21.502 100.392 28.224
201512 20.881 99.792 27.573
201603 19.434 100.470 25.489
201606 18.705 101.688 24.240
201609 18.844 101.861 24.378
201612 20.658 101.863 26.725
201703 20.023 102.862 25.651
201706 18.889 103.349 24.085
201709 17.656 104.136 22.342
201712 17.591 104.011 22.287
201803 16.369 105.290 20.487
201806 16.779 106.317 20.797
201809 19.247 106.507 23.813
201812 19.737 105.998 24.537
201903 20.071 107.251 24.661
201906 20.383 108.070 24.854
201909 21.962 108.329 26.715
201912 22.914 108.420 27.850
202003 23.040 108.902 27.880
202006 23.150 108.767 28.047
202009 22.832 109.815 27.398
202012 22.603 109.897 27.103
202103 23.206 111.754 27.364
202106 23.100 114.631 26.555
202109 24.139 115.734 27.485
202112 25.408 117.630 28.464
202203 26.280 121.301 28.549
202206 28.296 125.017 29.826
202209 31.405 125.227 33.048
202212 30.265 125.222 31.849
202303 29.994 127.348 31.037
202306 30.287 128.729 31.004
202309 31.358 129.860 31.821
202312 31.256 129.419 31.825
202403 31.926 131.776 31.926

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


Northwest Pipe Co  (FRA:NW7) 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.

Northwest Pipe Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.40/27.81
=1.17

* 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 Northwest Pipe Co was 1.39. The lowest was 0.30. And the median was 0.94.


Be Aware

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


Northwest Pipe Co Cyclically Adjusted Book per Share Related Terms

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


Northwest Pipe Co (FRA:NW7) Business Description

Industry
Traded in Other Exchanges
Address
201 North East Park Plaza Drive, Suite 100, Vancouver, WA, USA, 98684
Northwest Pipe Co is a manufacturer of water-related infrastructure products. The company has two operating segments; Engineered Steel Pressure Pipe segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications, and Precast Infrastructure and Engineered Systems segment manufacture stormwater and wastewater technology products, high-quality precast and reinforced concrete products, including manholes, box culverts, vaults, and catch basins, pump lift stations, oil water separators, biofiltration, and other environmental and engineered solutions.

Northwest Pipe Co (FRA:NW7) Headlines

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