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Green Plains (STU:G3V) Cyclically Adjusted Book per Share : €21.66 (As of Mar. 2024)


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What is Green Plains 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.

Green Plains's adjusted book value per share for the three months ended in Mar. 2024 was €12.635. 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 €21.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Green Plains's average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Green Plains was 9.10% per year. The lowest was 3.90% per year. And the median was 5.70% per year.

As of today (2024-05-29), Green Plains's current stock price is €16.735. Green Plains's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €21.66. Green Plains's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Green Plains was 2.25. The lowest was 0.20. And the median was 1.16.


Green Plains Cyclically Adjusted Book per Share Historical Data

The historical data trend for Green Plains'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.

Green Plains Cyclically Adjusted Book per Share Chart

Green Plains 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 17.70 17.19 19.97 21.69 21.76

Green Plains 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 21.84 21.34 22.45 21.76 21.66

Competitive Comparison of Green Plains's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Green Plains'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.


Green Plains's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Plains's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Green Plains 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, Green Plains'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)
=12.635/131.7762*131.7762
=12.635

Current CPI (Mar. 2024) = 131.7762.

Green Plains Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.860 100.560 18.163
201409 15.956 100.428 20.937
201412 17.196 99.070 22.873
201503 19.313 99.621 25.547
201506 18.885 100.684 24.717
201509 19.044 100.392 24.998
201512 19.330 99.792 25.525
201603 17.953 100.470 23.547
201606 18.310 101.688 23.728
201609 19.751 101.861 25.552
201612 21.313 101.863 27.572
201703 20.593 102.862 26.382
201706 18.758 103.349 23.918
201709 18.301 104.136 23.159
201712 19.378 104.011 24.551
201803 18.215 105.290 22.797
201806 19.038 106.317 23.597
201809 18.599 106.507 23.012
201812 20.249 105.998 25.173
201903 19.419 107.251 23.860
201906 20.375 108.070 24.845
201909 19.716 108.329 23.983
201912 18.781 108.420 22.827
202003 19.531 108.902 23.633
202006 18.475 108.767 22.383
202009 16.327 109.815 19.592
202012 14.912 109.897 17.881
202103 14.820 111.754 17.475
202106 14.883 114.631 17.109
202109 15.407 115.734 17.543
202112 15.695 117.630 17.583
202203 15.024 121.301 16.321
202206 16.361 125.017 17.246
202209 16.390 125.227 17.247
202212 14.488 125.222 15.246
202303 12.916 127.348 13.365
202306 12.062 128.729 12.348
202309 13.039 129.860 13.231
202312 12.999 129.419 13.236
202403 12.635 131.776 12.635

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


Green Plains  (STU:G3V) 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.

Green Plains's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.735/21.66
=0.77

* 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 Green Plains was 2.25. The lowest was 0.20. And the median was 1.16.


Be Aware

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


Green Plains Cyclically Adjusted Book per Share Related Terms

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


Green Plains (STU:G3V) Business Description

Industry
Traded in Other Exchanges
Address
1811 Aksarben Drive, Omaha, NE, USA, 68106
Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The partnership segment provides fuel storage and transportation services.

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