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Louisiana-Pacific (STU:LP3) Cyclically Adjusted Book per Share : €13.09 (As of Mar. 2024)


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What is Louisiana-Pacific 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.

Louisiana-Pacific's adjusted book value per share for the three months ended in Mar. 2024 was €20.674. 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 €13.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Louisiana-Pacific's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.30% 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 Louisiana-Pacific was 12.90% per year. The lowest was -9.90% per year. And the median was -0.50% per year.

As of today (2024-05-24), Louisiana-Pacific's current stock price is €82.14. Louisiana-Pacific's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.09. Louisiana-Pacific's Cyclically Adjusted PB Ratio of today is 6.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Louisiana-Pacific was 7.45. The lowest was 0.92. And the median was 2.62.


Louisiana-Pacific Cyclically Adjusted Book per Share Historical Data

The historical data trend for Louisiana-Pacific'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.

Louisiana-Pacific Cyclically Adjusted Book per Share Chart

Louisiana-Pacific 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 8.58 7.66 9.41 11.72 12.54

Louisiana-Pacific 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 11.81 12.15 13.01 12.54 13.09

Competitive Comparison of Louisiana-Pacific's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Louisiana-Pacific'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.


Louisiana-Pacific's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Louisiana-Pacific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Louisiana-Pacific 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, Louisiana-Pacific'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)
=20.674/131.7762*131.7762
=20.674

Current CPI (Mar. 2024) = 131.7762.

Louisiana-Pacific Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.339 100.560 8.307
201409 6.540 100.428 8.581
201412 6.363 99.070 8.464
201503 6.976 99.621 9.228
201506 6.599 100.684 8.637
201509 6.379 100.392 8.373
201512 6.529 99.792 8.622
201603 6.586 100.470 8.638
201606 6.702 101.688 8.685
201609 7.129 101.861 9.223
201612 7.854 101.863 10.160
201703 8.106 102.862 10.385
201706 8.288 103.349 10.568
201709 7.598 104.136 9.615
201712 9.357 104.011 11.855
201803 9.342 105.290 11.692
201806 10.501 106.317 13.016
201809 10.939 106.507 13.534
201812 10.921 105.998 13.577
201903 9.119 107.251 11.204
201906 9.149 108.070 11.156
201909 9.378 108.329 11.408
201912 7.967 108.420 9.683
202003 7.939 108.902 9.607
202006 7.910 108.767 9.583
202009 8.703 109.815 10.443
202012 9.548 109.897 11.449
202103 11.315 111.754 13.342
202106 12.274 114.631 14.110
202109 12.898 115.734 14.686
202112 12.763 117.630 14.298
202203 17.333 121.301 18.830
202206 18.197 125.017 19.181
202209 19.188 125.227 20.192
202212 18.867 125.222 19.855
202303 18.801 127.348 19.455
202306 18.152 128.729 18.582
202309 19.503 129.860 19.791
202312 19.787 129.419 20.147
202403 20.674 131.776 20.674

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


Louisiana-Pacific  (STU:LP3) 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.

Louisiana-Pacific's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82.14/13.09
=6.28

* 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 Louisiana-Pacific was 7.45. The lowest was 0.92. And the median was 2.62.


Be Aware

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


Louisiana-Pacific Cyclically Adjusted Book per Share Related Terms

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


Louisiana-Pacific (STU:LP3) Business Description

Industry
Traded in Other Exchanges
Address
1610 West End Ave, Suite 200, Nashville, TN, USA, 37203
Louisiana-Pacific is primarily an oriented strand board producer, while offering engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.

Louisiana-Pacific (STU:LP3) Headlines

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