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Lenzing AG (Lenzing AG) Cyclically Adjusted Book per Share : $62.70 (As of Mar. 2024)


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What is Lenzing AG 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.

Lenzing AG's adjusted book value per share for the three months ended in Mar. 2024 was $38.456. 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 $62.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lenzing AG's average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Lenzing AG was 10.00% per year. The lowest was 7.20% per year. And the median was 8.75% per year.

As of today (2024-06-10), Lenzing AG's current stock price is $36.36. Lenzing AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $62.70. Lenzing AG's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lenzing AG was 3.23. The lowest was 0.45. And the median was 1.83.


Lenzing AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lenzing AG'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.

Lenzing AG Cyclically Adjusted Book per Share Chart

Lenzing AG 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 54.60 31.80 61.58 67.21 64.35

Lenzing AG 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 65.05 58.50 65.14 64.35 62.70

Competitive Comparison of Lenzing AG's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Lenzing AG'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.


Lenzing AG's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lenzing AG 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, Lenzing AG'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)
=38.456/133.7589*133.7589
=38.456

Current CPI (Mar. 2024) = 133.7589.

Lenzing AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 46.500 99.496 62.513
201409 46.163 99.586 62.004
201412 41.514 99.676 55.709
201503 38.009 99.992 50.845
201506 40.175 100.492 53.475
201509 41.636 100.292 55.530
201512 42.056 100.692 55.867
201603 44.438 100.692 59.032
201606 44.149 101.092 58.416
201609 46.377 101.192 61.303
201612 46.444 102.092 60.850
201703 49.563 102.592 64.620
201706 50.384 102.991 65.436
201709 55.725 103.591 71.953
201712 57.572 104.291 73.839
201803 61.850 104.491 79.174
201806 55.334 105.091 70.428
201809 57.123 105.691 72.293
201812 56.298 106.291 70.847
201903 57.940 106.391 72.844
201906 54.180 106.791 67.862
201909 54.509 106.991 68.146
201912 55.397 108.091 68.552
202003 50.332 108.024 62.323
202006 49.046 107.915 60.791
202009 48.039 108.348 59.306
202012 69.471 109.321 85.001
202103 70.475 110.186 85.552
202106 74.588 110.943 89.927
202109 74.445 111.916 88.974
202112 69.985 113.971 82.136
202203 70.321 117.647 79.951
202206 64.727 120.567 71.809
202209 62.587 123.811 67.616
202212 60.736 125.541 64.712
202303 58.485 128.460 60.897
202306 45.415 130.191 46.660
202309 54.052 131.272 55.076
202312 40.674 132.570 41.039
202403 38.456 133.759 38.456

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


Lenzing AG  (OTCPK:LNZNF) 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.

Lenzing AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.36/62.7
=0.58

* 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 Lenzing AG was 3.23. The lowest was 0.45. And the median was 1.83.


Be Aware

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


Lenzing AG Cyclically Adjusted Book per Share Related Terms

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


Lenzing AG (Lenzing AG) Business Description

Traded in Other Exchanges
Address
Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Lenzing AG (Lenzing AG) Headlines

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