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Sixt SE (Sixt SE) Cyclically Adjusted Book per Share : $36.94 (As of Mar. 2024)


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What is Sixt 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.

Sixt SE's adjusted book value per share for the three months ended in Mar. 2024 was $46.336. 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 $36.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sixt SE's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.40% 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 Sixt SE was 15.60% per year. The lowest was 11.10% per year. And the median was 14.60% per year.

As of today (2024-05-22), Sixt SE's current stock price is $97.10. Sixt SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $36.94. Sixt SE's Cyclically Adjusted PB Ratio of today is 2.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sixt SE was 7.41. The lowest was 2.19. And the median was 4.71.


Sixt SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sixt 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.

Sixt SE Cyclically Adjusted Book per Share Chart

Sixt 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 21.22 24.90 20.20 39.06 39.20

Sixt 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 30.14 34.50 44.41 39.20 36.94

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

For the Rental & Leasing Services subindustry, Sixt 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.


Sixt SE's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sixt SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sixt 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, Sixt 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)
=46.336/125.0381*125.0381
=46.336

Current CPI (Mar. 2024) = 125.0381.

Sixt SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.116 99.543 24.012
201409 19.510 99.823 24.438
201412 17.916 99.543 22.505
201503 17.529 99.717 21.980
201506 20.853 100.417 25.966
201509 21.870 100.417 27.232
201512 20.670 99.717 25.919
201603 22.154 100.017 27.696
201606 20.608 100.717 25.584
201609 22.858 101.017 28.294
201612 21.274 101.217 26.281
201703 23.092 101.417 28.470
201706 22.647 102.117 27.730
201709 26.017 102.717 31.671
201712 25.623 102.617 31.221
201803 33.312 102.917 40.472
201806 27.912 104.017 33.553
201809 31.917 104.718 38.111
201812 30.880 104.217 37.049
201903 32.663 104.217 39.188
201906 31.263 105.718 36.976
201909 24.825 106.018 29.279
201912 33.540 105.818 39.632
202003 34.522 105.718 40.831
202006 32.742 106.618 38.399
202009 35.760 105.818 42.255
202012 35.044 105.518 41.527
202103 35.504 107.518 41.289
202106 36.246 108.486 41.776
202109 41.714 109.435 47.662
202112 41.010 110.384 46.455
202203 42.707 113.968 46.855
202206 38.978 115.760 42.102
202209 42.488 118.818 44.712
202212 43.710 119.345 45.795
202303 45.333 122.402 46.309
202306 40.678 123.140 41.305
202309 45.643 124.195 45.953
202312 45.527 123.773 45.992
202403 46.336 125.038 46.336

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


Sixt SE  (OTCPK:SIXGF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=97.10/36.94
=2.63

* 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 Sixt SE was 7.41. The lowest was 2.19. And the median was 4.71.


Be Aware

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


Sixt SE Cyclically Adjusted Book per Share Related Terms

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


Sixt SE (Sixt SE) Business Description

Industry
Traded in Other Exchanges
Address
Zugspitzstrasse 1, Pullach, BY, DEU, 82049
Sixt SE provides automotive rental services mainly across Europe and the US. The company offers rental solutions from passenger vehicles, including sports utilities vehicles, electric vehicles, and luxury sports cars to vans and trucks. With its products SIXT rent, SIXT share, SIXT ride, and others, the company offers mobility services in the areas of car rental, car sharing, ride services, and car subscriptions. These products can be booked via a single app that also integrates the services of mobility partners.

Sixt SE (Sixt SE) Headlines

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