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Gencor Industries (Gencor Industries) Cyclically Adjusted Book per Share : $11.69 (As of Dec. 2023)


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What is Gencor 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.

Gencor Industries's adjusted book value per share for the three months ended in Dec. 2023 was $12.683. 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 $11.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Gencor Industries's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Gencor Industries was 30.50% per year. The lowest was -5.10% per year. And the median was 8.30% per year.

As of today (2024-04-27), Gencor Industries's current stock price is $16.97. Gencor Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.69. Gencor Industries's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gencor Industries was 2.28. The lowest was 0.82. And the median was 1.28.


Gencor Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gencor 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.

Gencor Industries Cyclically Adjusted Book per Share Chart

Gencor Industries 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 8.78 9.18 9.97 11.03 11.67

Gencor Industries 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 11.09 11.34 11.52 11.67 11.69

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

For the Farm & Heavy Construction Machinery subindustry, Gencor 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.


Gencor Industries's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Gencor Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gencor 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, Gencor Industries'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)
=12.683/129.4194*129.4194
=12.683

Current CPI (Dec. 2023) = 129.4194.

Gencor Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.909 99.695 10.267
201406 8.030 100.560 10.335
201409 7.996 100.428 10.304
201412 7.924 99.070 10.351
201503 8.011 99.621 10.407
201506 8.033 100.684 10.326
201509 7.880 100.392 10.158
201512 7.991 99.792 10.363
201603 8.103 100.470 10.438
201606 8.249 101.688 10.499
201609 8.362 101.861 10.624
201612 8.460 101.863 10.749
201703 8.694 102.862 10.939
201706 8.873 103.349 11.111
201709 8.941 104.136 11.112
201712 9.091 104.011 11.312
201803 9.347 105.290 11.489
201806 9.531 106.317 11.602
201809 9.973 106.507 12.118
201812 9.800 105.998 11.965
201903 10.315 107.251 12.447
201906 10.484 108.070 12.555
201909 10.662 108.329 12.738
201912 10.834 108.420 12.932
202003 10.790 108.902 12.823
202006 11.079 108.767 13.183
202009 11.038 109.815 13.009
202012 11.144 109.897 13.124
202103 11.296 111.754 13.082
202106 11.456 114.631 12.934
202109 11.413 115.734 12.763
202112 11.394 117.630 12.536
202203 11.424 121.301 12.189
202206 11.355 125.017 11.755
202209 11.388 125.227 11.769
202212 11.625 125.222 12.015
202303 11.957 127.348 12.152
202306 12.176 128.729 12.241
202309 12.388 129.860 12.346
202312 12.683 129.419 12.683

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


Gencor Industries  (AMEX:GENC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.97/11.69
=1.45

* 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 Gencor Industries was 2.28. The lowest was 0.82. And the median was 1.28.


Be Aware

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


Gencor Industries Cyclically Adjusted Book per Share Related Terms

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


Gencor Industries (Gencor Industries) Business Description

Traded in Other Exchanges
N/A
Address
5201 North Orange Blossom Trail, Orlando, FL, USA, 32810
Gencor Industries Inc and its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The Company has one reporting segment, equipment for the highway construction industry. The firm's principal products include asphalt plants, combustion systems, hot mix asphalt plants, fluid heat transfer systems, and asphalt pavers.
Executives
Jeanne M Lyons officer: Secretary 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Ketcham Walter A Jr director 5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Thomas A. Vecchiolla director 601 QUEEN STREET, ALEXANDRIA VA 22314
Eric E Mellen officer: CFO 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
James P Sharp director 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Marc G Elliott officer: Pres., Const. Equip. Group 5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
John G Coburn director 10505 GUNSTON ROAD, HORTON VA 22079
Sherry Houtkin 10 percent owner 3900 ISLAND BLVD., PENTHOUSE 4, AVENTURA FL 33160
David Air director PO BOX 1188, DUNDEE FL 33838
Dondero Cort J director
Lawrence C Maingot officer: Vice President and Controller 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Dennis Bryan Hunt officer: Senior Vice President 2790 MARSH WREN CIRCLE, LONGWOOD FL 32779
Lawrence K Miles officer: Vice President Product Support 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Lowell Raymond Adams officer: CFO and Treasurer 1722 SE HALYARD LANE, VANCOUVER WA 98661
Robert A Mifflin officer: Interim CFO 5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810

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