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Kloeckner SE (Kloeckner SE) Cyclically Adjusted Book per Share : $18.01 (As of Mar. 2024)


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What is Kloeckner SE 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.

Kloeckner SE's adjusted book value per share for the three months ended in Mar. 2024 was $18.745. 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 $18.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kloeckner SE's average Cyclically Adjusted Book Growth Rate was 2.20% 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 1.10% 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 Kloeckner SE was 4.20% per year. The lowest was -1.90% per year. And the median was -0.45% per year.

As of today (2024-06-13), Kloeckner SE's current stock price is $7.49. Kloeckner SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $18.01. Kloeckner SE's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kloeckner SE was 0.93. The lowest was 0.20. And the median was 0.54.


Kloeckner SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kloeckner SE'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.

Kloeckner SE Cyclically Adjusted Book per Share Chart

Kloeckner SE 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 15.15 11.67 15.40 15.94 13.61

Kloeckner SE 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 15.27 17.61 20.68 13.61 18.01

Competitive Comparison of Kloeckner SE's Cyclically Adjusted Book per Share

For the Steel subindustry, Kloeckner SE'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.


Kloeckner SE's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kloeckner SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kloeckner SE 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, Kloeckner SE'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)
=18.745/125.0381*125.0381
=18.745

Current CPI (Mar. 2024) = 125.0381.

Kloeckner SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.486 99.543 24.477
201409 18.712 99.823 23.439
201412 17.488 99.543 21.967
201503 15.634 99.717 19.604
201506 15.724 100.417 19.579
201509 15.376 100.417 19.146
201512 12.065 99.717 15.129
201603 11.403 100.017 14.256
201606 11.708 100.717 14.535
201609 12.016 101.017 14.873
201612 12.047 101.217 14.882
201703 12.613 101.417 15.551
201706 13.346 102.117 16.342
201709 14.106 102.717 17.171
201712 14.190 102.617 17.290
201803 15.144 102.917 18.399
201806 14.761 104.017 17.744
201809 15.354 104.718 18.333
201812 14.546 104.217 17.452
201903 14.184 104.217 17.018
201906 14.015 105.718 16.576
201909 13.441 106.018 15.852
201912 13.094 105.818 15.472
202003 13.336 105.718 15.773
202006 11.748 106.618 13.778
202009 11.971 105.818 14.145
202012 12.635 105.518 14.972
202103 13.865 107.518 16.124
202106 16.895 108.486 19.473
202109 19.044 109.435 21.759
202112 20.522 110.384 23.247
202203 21.457 113.968 23.541
202206 21.785 115.760 23.531
202209 20.891 118.818 21.985
202212 20.777 119.345 21.768
202303 20.741 122.402 21.188
202306 20.814 123.140 21.135
202309 20.767 124.195 20.908
202312 19.107 123.773 19.302
202403 18.745 125.038 18.745

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


Kloeckner SE  (OTCPK:KLKNF) 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.

Kloeckner SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.49/18.01
=0.42

* 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 Kloeckner SE was 0.93. The lowest was 0.20. And the median was 0.54.


Be Aware

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


Kloeckner SE Cyclically Adjusted Book per Share Related Terms

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


Kloeckner SE (Kloeckner SE) Business Description

Industry
Traded in Other Exchanges
Address
Am Silberpalais 1, Duisburg, DEU, 47057
Kloeckner & Co SE is a German-based steel and metal distributor, as well as an operator of steel service centers. It acts as a connecting link between steel producers and consumers. It provides customers with an optimized, end-to-end solution from procurement through logistics to prefabrication, including individual delivery and 24-hour service. It caters to industries like construction, consumer goods, metal transforming, transportation, machinery manufacturing, mechanical engineering, and others. The company has three operating segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU.

Kloeckner SE (Kloeckner SE) Headlines

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