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AirBoss of America (AirBoss of America) Cyclically Adjusted Book per Share : $6.32 (As of Dec. 2023)


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What is AirBoss of America 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.

AirBoss of America's adjusted book value per share for the three months ended in Dec. 2023 was $5.487. 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 $6.32 for the trailing ten years ended in Dec. 2023.

During the past 12 months, AirBoss of America's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 AirBoss of America was 13.70% per year. The lowest was 2.20% per year. And the median was 8.10% per year.

As of today (2024-04-27), AirBoss of America's current stock price is $4.15. AirBoss of America's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.32. AirBoss of America's Cyclically Adjusted PB Ratio of today is 0.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AirBoss of America was 7.12. The lowest was 0.45. And the median was 2.81.


AirBoss of America Cyclically Adjusted Book per Share Historical Data

The historical data trend for AirBoss of America'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.

AirBoss of America Cyclically Adjusted Book per Share Chart

AirBoss of America 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 4.06 4.54 5.03 5.82 6.32

AirBoss of America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.82 5.84 6.26 6.19 6.32

Competitive Comparison of AirBoss of America's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



AirBoss of America 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, AirBoss of America's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.487/125.4675*125.4675
=5.487

Current CPI (Dec. 2023) = 125.4675.

AirBoss of America Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.628 98.604 4.616
201406 3.739 99.473 4.716
201409 3.840 99.394 4.847
201412 3.915 98.367 4.994
201503 4.012 99.789 5.044
201506 4.076 100.500 5.089
201509 4.202 100.421 5.250
201512 4.323 99.947 5.427
201603 4.462 101.054 5.540
201606 4.630 102.002 5.695
201609 4.720 101.765 5.819
201612 4.736 101.449 5.857
201703 4.811 102.634 5.881
201706 4.898 103.029 5.965
201709 4.965 103.345 6.028
201712 5.074 103.345 6.160
201803 5.128 105.004 6.127
201806 5.186 105.557 6.164
201809 5.190 105.636 6.164
201812 5.193 105.399 6.182
201903 5.228 106.979 6.132
201906 5.318 107.690 6.196
201909 5.333 107.611 6.218
201912 5.385 107.769 6.269
202003 5.897 107.927 6.855
202006 6.126 108.401 7.090
202009 6.572 108.164 7.623
202012 7.231 108.559 8.357
202103 7.421 110.298 8.442
202106 8.031 111.720 9.019
202109 8.220 112.905 9.135
202112 8.711 113.774 9.606
202203 8.954 117.646 9.549
202206 8.986 120.806 9.333
202209 6.864 120.648 7.138
202212 7.271 120.964 7.542
202303 7.263 122.702 7.427
202306 7.096 124.203 7.168
202309 6.851 125.230 6.864
202312 5.487 125.468 5.487

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


AirBoss of America  (OTCPK:ABSSF) 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.

AirBoss of America's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.15/6.32
=0.66

* 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 AirBoss of America was 7.12. The lowest was 0.45. And the median was 2.81.


Be Aware

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


AirBoss of America Cyclically Adjusted Book per Share Related Terms

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


AirBoss of America (AirBoss of America) Business Description

Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.

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