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Sartorius AG (Sartorius AG) Cyclically Adjusted Book per Share : $17.63 (As of Mar. 2024)


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What is Sartorius AG 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.

Sartorius AG's adjusted book value per share for the three months ended in Mar. 2024 was $42.440. 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 $17.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sartorius AG's average Cyclically Adjusted Book Growth Rate was 20.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.70% 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 Sartorius AG was 22.30% per year. The lowest was 10.80% per year. And the median was 15.95% per year.

As of today (2024-04-28), Sartorius AG's current stock price is $248.00. Sartorius AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.63. Sartorius AG's Cyclically Adjusted PB Ratio of today is 14.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sartorius AG was 84.11. The lowest was 12.31. And the median was 22.63.


Sartorius AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sartorius AG'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.

Sartorius AG Cyclically Adjusted Book per Share Chart

Sartorius AG 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 8.48 10.21 10.71 12.99 16.51

Sartorius AG 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 14.09 14.75 15.62 16.51 17.63

Competitive Comparison of Sartorius AG's Cyclically Adjusted Book per Share

For the Medical Instruments & Supplies subindustry, Sartorius AG'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.


Sartorius AG's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sartorius AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sartorius AG 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, Sartorius AG'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)
=42.44/123.6675*123.6675
=42.440

Current CPI (Mar. 2024) = 123.6675.

Sartorius AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.309 99.543 9.080
201409 7.374 99.823 9.135
201412 7.196 99.543 8.940
201503 7.380 99.717 9.153
201506 7.817 100.417 9.627
201509 8.243 100.417 10.152
201512 8.247 99.717 10.228
201603 8.671 100.017 10.721
201606 8.527 100.717 10.470
201609 8.938 101.017 10.942
201612 8.941 101.217 10.924
201703 9.563 101.417 11.661
201706 9.509 102.117 11.516
201709 10.396 102.717 12.516
201712 10.691 102.617 12.884
201803 11.444 102.917 13.751
201806 11.008 104.017 13.088
201809 11.601 104.718 13.700
201812 12.320 104.217 14.619
201903 12.275 104.217 14.566
201906 12.747 105.718 14.911
201909 13.329 106.018 15.548
201912 13.166 105.818 15.387
202003 13.842 105.718 16.192
202006 13.997 106.618 16.235
202009 15.190 105.818 17.752
202012 18.341 105.518 21.496
202103 19.600 107.518 22.544
202106 21.484 108.486 24.491
202109 21.221 109.435 23.981
202112 20.815 110.384 23.320
202203 22.982 113.968 24.938
202206 25.743 115.760 27.501
202209 27.166 118.818 28.275
202212 30.809 119.345 31.925
202303 30.158 122.402 30.470
202306 32.254 123.140 32.392
202309 32.244 124.195 32.107
202312 32.949 123.668 32.949
202403 42.440 123.668 42.440

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


Sartorius AG  (OTCPK:SARTF) 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.

Sartorius AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=248.00/17.63
=14.07

* 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 Sartorius AG was 84.11. The lowest was 12.31. And the median was 22.63.


Be Aware

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


Sartorius AG Cyclically Adjusted Book per Share Related Terms

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


Sartorius AG (Sartorius AG) Business Description

Address
Otto-Brenner-Strasse 20, Gottingen, NI, DEU, 37079
Sartorius AG is a leading provider of bioprocessing solutions. Its Bioprocess division sells equipment and consumables for upstream and downstream manufacturing of biologic drugs, and has a focus on single-use technology, or SUT. Its Lab Products and Services division offers a wide range of products for lab use, including scales, pipettes, and filtration equipment. As of 2022, the Bioprocess and LPS divisions contributed 80% and 20% of revenue, respectively. Bioprocess is housed in its subsidiary Sartorius Stedim Biotech, of which Sartorius AG has a 74% ownership and 85% voting control. The business is geographically diverse, with revenue across Europe, the Middle East, and Africa (37% of 2022 sales), the Americas (37%), and Asia-Pacific (26%). We estimate China revenue to be around 10%.