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AS Creation Tapeten AG (XTER:ACWN) Cyclically Adjusted Book per Share : €35.18 (As of Mar. 2024)


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What is AS Creation Tapeten AG 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.

AS Creation Tapeten AG's adjusted book value per share for the three months ended in Mar. 2024 was €26.303. 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 €35.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AS Creation Tapeten AG's average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 AS Creation Tapeten AG was 2.10% per year. The lowest was -0.80% per year. And the median was 0.75% per year.

As of today (2024-05-28), AS Creation Tapeten AG's current stock price is €9.85. AS Creation Tapeten AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €35.18. AS Creation Tapeten AG's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AS Creation Tapeten AG was 0.87. The lowest was 0.14. And the median was 0.39.


AS Creation Tapeten AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for AS Creation Tapeten AG'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.

AS Creation Tapeten AG Cyclically Adjusted Book per Share Chart

AS Creation Tapeten AG 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 33.78 33.09 33.82 35.40 35.23

AS Creation Tapeten AG 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 35.90 35.72 35.68 35.23 35.18

Competitive Comparison of AS Creation Tapeten AG's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, AS Creation Tapeten AG'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.


AS Creation Tapeten AG's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, AS Creation Tapeten AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AS Creation Tapeten AG's Cyclically Adjusted PB Ratio falls into.



AS Creation Tapeten AG 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, AS Creation Tapeten AG'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)
=26.303/125.0381*125.0381
=26.303

Current CPI (Mar. 2024) = 125.0381.

AS Creation Tapeten AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 34.413 99.543 43.227
201409 34.656 99.823 43.410
201412 31.524 99.543 39.598
201503 32.440 99.717 40.678
201506 33.958 100.417 42.284
201509 33.644 100.417 41.893
201512 33.808 99.717 42.393
201603 34.750 100.017 43.443
201606 34.406 100.717 42.714
201609 34.225 101.017 42.364
201612 35.011 101.217 43.251
201703 35.688 101.417 44.000
201706 33.298 102.117 40.772
201709 28.199 102.717 34.327
201712 27.469 102.617 33.471
201803 27.604 102.917 33.537
201806 27.472 104.017 33.024
201809 26.545 104.718 31.696
201812 26.206 104.217 31.441
201903 26.492 104.217 31.785
201906 26.794 105.718 31.691
201909 26.188 106.018 30.886
201912 28.816 105.818 34.050
202003 28.514 105.718 33.725
202006 27.857 106.618 32.670
202009 28.143 105.818 33.255
202012 28.618 105.518 33.912
202103 29.891 107.518 34.762
202106 29.306 108.486 33.777
202109 29.312 109.435 33.491
202112 29.395 110.384 33.298
202203 29.607 113.968 32.483
202206 29.935 115.760 32.334
202209 30.329 118.818 31.917
202212 27.820 119.345 29.147
202303 27.649 122.402 28.244
202306 27.668 123.140 28.094
202309 26.919 124.195 27.102
202312 26.283 123.773 26.552
202403 26.303 125.038 26.303

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


AS Creation Tapeten AG  (XTER:ACWN) 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.

AS Creation Tapeten AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.85/35.18
=0.28

* 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 AS Creation Tapeten AG was 0.87. The lowest was 0.14. And the median was 0.39.


Be Aware

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


AS Creation Tapeten AG Cyclically Adjusted Book per Share Related Terms

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


AS Creation Tapeten AG (XTER:ACWN) Business Description

Traded in Other Exchanges
Address
Sudstrasse 47, Derschlag, Gummersbach, NW, DEU, D-51645
AS Creation Tapeten AG is a wallpaper manufacturer in Europe. It operates through two segments: Wallpaper and Furnishing Fabrics. The Wallpaper segment produces and markets wallpapers and borders for the domestic and international market. The Furnishing Fabrics segment focuses on the marketing of decorative fabrics, such as curtains and furnishing fabrics. The company derives majority of its revenues from the Wallpaper Segment. Geographical presence of company is in England, the Netherlands, France and Russia.

AS Creation Tapeten AG (XTER:ACWN) Headlines

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