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Enpro (STU:EP9) Cyclically Adjusted Book per Share : €45.73 (As of Mar. 2024)


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What is Enpro 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.

Enpro's adjusted book value per share for the three months ended in Mar. 2024 was €62.085. 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 €45.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enpro's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Enpro was 13.30% per year. The lowest was -1.40% per year. And the median was 5.15% per year.

As of today (2024-05-26), Enpro's current stock price is €135.00. Enpro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €45.73. Enpro's Cyclically Adjusted PB Ratio of today is 2.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enpro was 3.74. The lowest was 1.03. And the median was 2.42.


Enpro Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enpro'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.

Enpro Cyclically Adjusted Book per Share Chart

Enpro 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 - 26.54 34.18 41.15 43.96

Enpro 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 41.35 42.38 45.51 43.96 45.73

Competitive Comparison of Enpro's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Enpro'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.


Enpro's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Enpro 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, Enpro'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)
=62.085/131.7762*131.7762
=62.085

Current CPI (Mar. 2024) = 131.7762.

Enpro Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.162 100.560 29.042
201409 21.666 100.428 28.429
201412 21.137 99.070 28.115
201503 21.493 99.621 28.430
201506 19.500 100.684 25.522
201509 19.629 100.392 25.765
201512 19.318 99.792 25.509
201603 16.775 100.470 22.002
201606 16.047 101.688 20.795
201609 15.989 101.861 20.685
201612 15.908 101.863 20.580
201703 15.849 102.862 20.304
201706 15.586 103.349 19.873
201709 34.091 104.136 43.140
201712 35.772 104.011 45.321
201803 34.508 105.290 43.189
201806 35.694 106.317 44.242
201809 37.059 106.507 45.852
201812 36.351 105.998 45.191
201903 37.301 107.251 45.831
201906 37.656 108.070 45.916
201909 38.638 108.329 47.001
201912 38.750 108.420 47.098
202003 47.288 108.902 57.221
202006 46.929 108.767 56.856
202009 44.068 109.815 52.881
202012 43.169 109.897 51.764
202103 44.083 111.754 51.981
202106 45.046 114.631 51.783
202109 47.057 115.734 53.580
202112 54.219 117.630 60.740
202203 55.061 121.301 59.816
202206 57.985 125.017 61.120
202209 61.556 125.227 64.776
202212 63.263 125.222 66.574
202303 64.201 127.348 66.434
202306 62.453 128.729 63.932
202309 63.098 129.860 64.029
202312 61.826 129.419 62.952
202403 62.085 131.776 62.085

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


Enpro  (STU:EP9) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=135.00/45.73
=2.95

* 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 Enpro was 3.74. The lowest was 1.03. And the median was 2.42.


Be Aware

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


Enpro Cyclically Adjusted Book per Share Related Terms

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


Enpro (STU:EP9) Business Description

Industry
Traded in Other Exchanges
Address
5605 Carnegie Boulevard, Suite 500, Charlotte, NC, USA, 28209
Enpro Inc formerly EnPro Industries Inc is a United States-based company that designs, develops, manufactures, and markets proprietary engineered industrial products. The company operates through three segments: Sealing Technologies, which manufactures and markets sealing products, wheel-end components & systems, and others; Advanced Surface Technologies manufactures wafer processing sub-systems, thin-film coatings, optical filters, and other services like cleaning, coating, testing, refurbishment, and verification services; Engineered Materials manufactures components for reciprocating compressors & engines, metal-polymer, engineered plastics, composite bearing products, and others. Its geographical segments are United States, Europe, and other foreign countries.

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