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Brother Industries (Brother Industries) Cyclically Adjusted Book per Share : $24.24 (As of Mar. 2024)


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What is Brother Industries 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.

Brother Industries's adjusted book value per share for the three months ended in Mar. 2024 was $34.888. 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 $24.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brother Industries's average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 Brother Industries was 11.10% per year. The lowest was 7.20% per year. And the median was 8.85% per year.

As of today (2024-05-15), Brother Industries's current stock price is $37.73. Brother Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $24.24. Brother Industries's Cyclically Adjusted PB Ratio of today is 1.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brother Industries was 2.91. The lowest was 1.17. And the median was 1.60.


Brother Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brother Industries'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.

Brother Industries Cyclically Adjusted Book per Share Chart

Brother Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.34 25.60 24.77 24.65 24.24

Brother Industries 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 24.65 25.48 23.55 25.04 24.24

Competitive Comparison of Brother Industries's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, Brother Industries'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.


Brother Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brother Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Brother Industries 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, Brother Industries'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)
=34.888/107.2000*107.2000
=34.888

Current CPI (Mar. 2024) = 107.2000.

Brother Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.180 98.000 25.356
201409 23.079 98.500 25.117
201412 22.412 97.900 24.541
201503 22.360 97.900 24.484
201506 22.571 98.400 24.590
201509 22.359 98.500 24.334
201512 22.211 98.100 24.271
201603 22.744 97.900 24.905
201606 21.548 98.100 23.547
201609 22.512 98.000 24.625
201612 22.948 98.400 25.000
201703 23.539 98.100 25.723
201706 26.534 98.500 28.878
201709 28.380 98.800 30.793
201712 28.838 99.400 31.101
201803 28.725 99.200 31.042
201806 27.975 99.200 30.231
201809 28.902 99.900 31.014
201812 28.286 99.700 30.414
201903 29.425 99.700 31.639
201906 29.463 99.800 31.648
201909 30.027 100.100 32.157
201912 31.346 100.500 33.436
202003 30.635 100.300 32.742
202006 30.742 99.900 32.988
202009 33.041 99.900 35.455
202012 35.323 99.300 38.133
202103 34.191 99.900 36.689
202106 34.619 99.500 37.298
202109 35.757 100.100 38.293
202112 35.980 100.100 38.532
202203 36.608 101.100 38.817
202206 34.658 101.800 36.496
202209 33.948 103.100 35.298
202212 34.774 104.100 35.810
202303 34.928 104.400 35.865
202306 35.555 105.200 36.231
202309 35.012 106.200 35.342
202312 35.543 106.800 35.676
202403 34.888 107.200 34.888

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


Brother Industries  (OTCPK:BRTHY) 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.

Brother Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.73/24.24
=1.56

* 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 Brother Industries was 2.91. The lowest was 1.17. And the median was 1.60.


Be Aware

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


Brother Industries Cyclically Adjusted Book per Share Related Terms

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


Brother Industries (Brother Industries) Business Description

Traded in Other Exchanges
Address
15-1, Naeshiro-cho, Mizuho-ku, Nagoya, JPN, 467-8561
Brother Industries Ltd is engaged in the manufacture and sale of office equipment and supplies. The company offers products such as printing equipment, home sewing machines, industrial sewing machines, machine tools, and online karaoke/content-delivery systems. The group consists of five segments, Printing and Solutions; Personal and Home; Machinery and Solution; Network and Contents; and Industrial Part.

Brother Industries (Brother Industries) Headlines

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