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Astrotech (FRA:SP5) Cyclically Adjusted Book per Share : €107.75 (As of Mar. 2024)


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What is Astrotech 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.

Astrotech's adjusted book value per share for the three months ended in Mar. 2024 was €20.312. 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 €107.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Astrotech's average Cyclically Adjusted Book Growth Rate was -16.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.50% 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 Astrotech was 216.00% per year. The lowest was -53.40% per year. And the median was -12.30% per year.

As of today (2024-05-22), Astrotech's current stock price is €8.55. Astrotech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €107.75. Astrotech's Cyclically Adjusted PB Ratio of today is 0.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Astrotech was 35.16. The lowest was 0.05. And the median was 0.26.


Astrotech Cyclically Adjusted Book per Share Historical Data

The historical data trend for Astrotech'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.

Astrotech Cyclically Adjusted Book per Share Chart

Astrotech Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.07 5.81 4.76 - 132.39

Astrotech 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 142.94 132.39 129.46 113.49 107.75

Competitive Comparison of Astrotech's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Astrotech'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.


Astrotech's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Astrotech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Astrotech 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, Astrotech'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)
=20.312/131.7762*131.7762
=20.312

Current CPI (Mar. 2024) = 131.7762.

Astrotech Quarterly Data

Book Value per Share CPI Adj_Book
201406 160.982 100.560 210.956
201409 305.125 100.428 400.369
201412 302.487 99.070 402.349
201503 329.793 99.621 436.242
201506 266.925 100.684 349.354
201509 245.370 100.392 322.078
201512 236.000 99.792 311.639
201603 208.798 100.470 273.858
201606 185.529 101.688 240.424
201609 163.114 101.861 211.018
201612 154.388 101.863 199.726
201703 133.861 102.862 171.489
201706 108.910 103.349 138.867
201709 85.068 104.136 107.648
201712 67.054 104.011 84.954
201803 48.364 105.290 60.530
201806 25.018 106.317 31.009
201809 11.472 106.507 14.194
201812 12.542 105.998 15.592
201903 10.849 107.251 13.330
201906 12.452 108.070 15.184
201909 5.964 108.329 7.255
201912 1.049 108.420 1.275
202003 9.500 108.902 11.495
202006 2.121 108.767 2.570
202009 -4.689 109.815 -5.627
202012 25.017 109.897 29.998
202103 29.004 111.754 34.200
202106 30.820 114.631 35.430
202109 30.677 115.734 34.929
202112 30.860 117.630 34.571
202203 30.387 121.301 33.011
202206 29.877 125.017 31.492
202209 30.357 125.227 31.945
202212 27.201 125.222 28.625
202303 25.917 127.348 26.818
202306 24.544 128.729 25.125
202309 23.191 129.860 23.533
202312 21.702 129.419 22.097
202403 20.312 131.776 20.312

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


Astrotech  (FRA:SP5) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.55/107.75
=0.08

* 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 Astrotech was 35.16. The lowest was 0.05. And the median was 0.26.


Be Aware

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


Astrotech Cyclically Adjusted Book per Share Related Terms

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


Astrotech (FRA:SP5) Business Description

Industry
Traded in Other Exchanges
Address
2105 Donley Drive, Suite 100, Austin, TX, USA, 78758
Astrotech Corp is a science and technology development company. The firm invents, acquires, and commercializes technological innovations sourced from internal research, universities, laboratories, and research institutions. The 1st Detect develops, manufactures, and sells chemical analyzers for use in the airport security, military, breath analysis markets. AgLAB develops a series of mass spectrometers for use in the agriculture market.

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