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Linamar (Linamar) Cyclically Adjusted Book per Share : $46.93 (As of Dec. 2023)


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What is Linamar 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.

Linamar's adjusted book value per share for the three months ended in Dec. 2023 was $64.422. 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 $46.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Linamar's average Cyclically Adjusted Book Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.60% 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 Linamar was 17.80% per year. The lowest was 5.80% per year. And the median was 11.70% per year.

As of today (2024-04-27), Linamar's current stock price is $48.67. Linamar's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $46.93. Linamar's Cyclically Adjusted PB Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Linamar was 5.31. The lowest was 0.82. And the median was 2.03.


Linamar Cyclically Adjusted Book per Share Historical Data

The historical data trend for Linamar'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.

Linamar Cyclically Adjusted Book per Share Chart

Linamar 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 25.70 30.31 36.21 40.08 46.93

Linamar 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 40.08 41.27 43.72 44.66 46.93

Competitive Comparison of Linamar's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Linamar'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.


Linamar's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linamar's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Linamar 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, Linamar'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)
=64.422/125.4675*125.4675
=64.422

Current CPI (Dec. 2023) = 125.4675.

Linamar Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.458 98.604 26.031
201406 21.452 99.473 27.058
201409 22.271 99.394 28.113
201412 22.260 98.367 28.393
201503 22.477 99.789 28.261
201506 24.203 100.500 30.216
201509 24.739 100.421 30.909
201512 25.273 99.947 31.726
201603 26.707 101.054 33.159
201606 28.411 102.002 34.947
201609 29.399 101.765 36.247
201612 29.757 101.449 36.802
201703 31.568 102.634 38.591
201706 33.631 103.029 40.956
201709 36.988 103.345 44.906
201712 37.301 103.345 45.286
201803 40.157 105.004 47.983
201806 40.922 105.557 48.641
201809 41.755 105.636 49.594
201812 43.309 105.399 51.555
201903 44.281 106.979 51.934
201906 45.343 107.690 52.828
201909 45.775 107.611 53.371
201912 46.905 107.769 54.608
202003 46.043 107.927 53.526
202006 46.377 108.401 53.678
202009 49.002 108.164 56.841
202012 51.929 108.559 60.017
202103 53.541 110.298 60.905
202106 56.177 111.720 63.090
202109 55.243 112.905 61.390
202112 54.893 113.774 60.535
202203 56.048 117.646 59.775
202206 56.526 120.806 58.707
202209 56.201 120.648 58.446
202212 57.173 120.964 59.302
202303 59.413 122.702 60.752
202306 62.067 124.203 62.699
202309 62.196 125.230 62.314
202312 64.422 125.468 64.422

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


Linamar  (OTCPK:LIMAF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.67/46.93
=1.04

* 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 Linamar was 5.31. The lowest was 0.82. And the median was 2.03.


Be Aware

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


Linamar Cyclically Adjusted Book per Share Related Terms

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


Linamar (Linamar) Business Description

Industry
Traded in Other Exchanges
Address
287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5
Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.