GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Elders Ltd (OTCPK:EDESY) » Definitions » Cyclically Adjusted Book per Share

Elders (Elders) Cyclically Adjusted Book per Share : $11.58 (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Elders 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.

Elders's adjusted book value per share data for the fiscal year that ended in Sep. 2023 was $17.712. 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 $11.58 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Elders's average Cyclically Adjusted Book Growth Rate was 38.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -32.80% 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 Elders was 15.10% per year. The lowest was -64.70% per year. And the median was -4.80% per year.

As of today (2024-04-28), Elders's current stock price is $ 29.79. Elders's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep. 2023 was $11.58. Elders's Cyclically Adjusted PB Ratio of today is 2.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Elders was 5.90. The lowest was 0.01. And the median was 1.44.


Elders Cyclically Adjusted Book per Share Historical Data

The historical data trend for Elders'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.

Elders Cyclically Adjusted Book per Share Chart

Elders Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.52 9.17 7.87 8.11 11.58

Elders Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7.87 - 8.11 - 11.58

Competitive Comparison of Elders's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Elders'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.


Elders's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Elders's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Elders 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, Elders's adjusted Book Value per Share data for the fiscal year that ended in Sep. 2023 was:

Adj_Book=Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=17.712/125.6559*125.6559
=17.712

Current CPI (Sep. 2023) = 125.6559.

Elders Annual Data

Book Value per Share CPI Adj_Book
201409 -7.381 98.816 -9.386
201509 0.111 100.302 0.139
201609 6.063 101.602 7.498
201709 8.839 103.460 10.735
201809 9.424 105.410 11.234
201909 11.830 107.174 13.870
202009 15.564 107.917 18.122
202109 18.112 111.168 20.472
202209 18.223 119.248 19.202
202309 17.712 125.656 17.712

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


Elders  (OTCPK:EDESY) 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.

Elders's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.79/11.58
=2.57

* 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 Elders was 5.90. The lowest was 0.01. And the median was 1.44.


Be Aware

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


Elders Cyclically Adjusted Book per Share Related Terms

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


Elders (Elders) Business Description

Traded in Other Exchanges
Address
80 Grenfell Street, Level 10, Adelaide, SA, AUS, 5000
Elders Ltd is a farm products company. The company's operating segments include Branch Network; Wholesale Products; Feed and Processing Services and Corporate Services and Other Costs. It generates maximum revenue from the Branch Network segment. The Branch Network segment includes the provision of products and services through a common distribution channel, including agricultural retail products, agency services, and financial services.

Elders (Elders) Headlines

From GuruFocus

Elders Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-13-2024

Full Year 2020 Elders Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Full Year 2022 Elders Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Half Year 2023 Elders Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Half Year 2019 Elders Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Elders Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-13-2024

Full Year 2021 Elders Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Full Year 2023 Elders Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Elders Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-13-2024

Half Year 2020 Elders Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024