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General Electric Co (XBRU:GEBC) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is General Electric Co Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

General Electric Co's adjusted book value per share for the three months ended in Mar. 2024 was €2.714. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, General Electric Co's average Cyclically Adjusted Book Growth Rate was -11.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.00% 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 General Electric Co was 15.40% per year. The lowest was -6.40% per year. And the median was 6.30% per year.

As of today (2024-05-19), General Electric Co's current stock price is €19.51. General Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. General Electric Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of General Electric Co was 2.62. The lowest was 0.33. And the median was 1.11.


General Electric Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for General Electric Co'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.

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General Electric Co Cyclically Adjusted Book per Share Chart

General Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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General Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of General Electric Co's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, General Electric Co'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.


General Electric Co's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



General Electric Co 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, General Electric Co'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)
=2.714/131.7762*131.7762
=2.714

Current CPI (Mar. 2024) = 131.7762.

General Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.756 100.560 12.785
201409 10.353 100.428 13.585
201412 10.271 99.070 13.662
201503 9.913 99.621 13.113
201506 9.642 100.684 12.620
201509 9.792 100.392 12.853
201512 8.915 99.792 11.772
201603 8.083 100.470 10.602
201606 7.475 101.688 9.687
201609 7.209 101.861 9.326
201612 7.103 101.863 9.189
201703 6.886 102.862 8.822
201706 6.521 103.349 8.315
201709 6.310 104.136 7.985
201712 4.678 104.011 5.927
201803 4.485 105.290 5.613
201806 4.658 106.317 5.773
201809 2.663 106.507 3.295
201812 2.691 105.998 3.345
201903 3.075 107.251 3.778
201906 3.132 108.070 3.819
201909 2.506 108.329 3.048
201912 2.518 108.420 3.060
202003 3.155 108.902 3.818
202006 2.955 108.767 3.580
202009 2.791 109.815 3.349
202012 2.888 109.897 3.463
202103 2.787 111.754 3.286
202106 2.746 114.631 3.157
202109 3.148 115.734 3.584
202112 3.525 117.630 3.949
202203 3.499 121.301 3.801
202206 3.239 125.017 3.414
202209 3.141 125.227 3.305
202212 3.143 125.222 3.308
202303 2.921 127.348 3.023
202306 2.845 128.729 2.912
202309 2.654 129.860 2.693
202312 2.481 129.419 2.526
202403 2.714 131.776 2.714

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


General Electric Co  (XBRU:GEBC) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of General Electric Co was 2.62. The lowest was 0.33. And the median was 1.11.


Be Aware

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


General Electric Co Cyclically Adjusted Book per Share Related Terms

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


General Electric Co (XBRU:GEBC) Business Description

Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.

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