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Saia (FRA:SQR) Cyclically Adjusted Book per Share : €35.26 (As of Mar. 2024)


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What is Saia 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.

Saia's adjusted book value per share for the three months ended in Mar. 2024 was €70.389. 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 €35.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saia's average Cyclically Adjusted Book Growth Rate was 20.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.50% 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 Saia was 22.40% per year. The lowest was 2.00% per year. And the median was 11.15% per year.

As of today (2024-05-20), Saia's current stock price is €374.00. Saia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €35.26. Saia's Cyclically Adjusted PB Ratio of today is 10.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saia was 15.94. The lowest was 1.73. And the median was 4.97.


Saia Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saia'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.

Saia Cyclically Adjusted Book per Share Chart

Saia 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 15.23 16.32 21.68 28.78 33.89

Saia 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 29.11 30.82 33.80 33.89 35.26

Competitive Comparison of Saia's Cyclically Adjusted Book per Share

For the Trucking subindustry, Saia'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.


Saia's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Saia 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, Saia'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)
=70.389/131.7762*131.7762
=70.389

Current CPI (Mar. 2024) = 131.7762.

Saia Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.844 100.560 12.900
201409 10.942 100.428 14.358
201412 11.964 99.070 15.914
201503 13.967 99.621 18.475
201506 14.218 100.684 18.609
201509 14.669 100.392 19.255
201512 15.623 99.792 20.630
201603 15.644 100.470 20.519
201606 16.036 101.688 20.781
201609 16.574 101.861 21.442
201612 18.085 101.863 23.396
201703 18.205 102.862 23.322
201706 18.010 103.349 22.964
201709 17.502 104.136 22.148
201712 19.263 104.011 24.405
201803 19.182 105.290 24.007
201806 21.322 106.317 26.428
201809 22.324 106.507 27.621
201812 23.806 105.998 29.596
201903 24.531 107.251 30.141
201906 25.878 108.070 31.555
201909 27.740 108.329 33.744
201912 28.288 108.420 34.382
202003 29.285 108.902 35.436
202006 29.718 108.767 36.005
202009 29.812 109.815 35.774
202012 30.117 109.897 36.113
202103 31.822 111.754 37.523
202106 33.507 114.631 38.518
202109 36.945 115.734 42.066
202112 41.155 117.630 46.105
202203 44.405 121.301 48.240
202206 50.279 125.017 52.997
202209 57.498 125.227 60.505
202212 56.336 125.222 59.285
202303 58.116 127.348 60.137
202306 60.740 128.729 62.178
202309 65.276 129.860 66.239
202312 67.235 129.419 68.459
202403 70.389 131.776 70.389

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


Saia  (FRA:SQR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=374.00/35.26
=10.61

* 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 Saia was 15.94. The lowest was 1.73. And the median was 4.97.


Be Aware

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


Saia Cyclically Adjusted Book per Share Related Terms

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


Saia (FRA:SQR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saia Inc (FRA:SQR) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
11465 Johns Creek Parkway, Suite 400, Johns Creek, GA, USA, 30097
Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 190 facilities and a fleet of about 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.

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