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Schindler Holding AG (Schindler Holding AG) Cyclically Adjusted Book per Share : $40.05 (As of Mar. 2024)


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What is Schindler Holding 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.

Schindler Holding AG's adjusted book value per share for the three months ended in Mar. 2024 was $46.036. 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 $40.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Schindler Holding AG's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Schindler Holding AG was 7.40% per year. The lowest was 5.70% per year. And the median was 6.80% per year.

As of today (2024-04-27), Schindler Holding AG's current stock price is $271.33. Schindler Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $40.05. Schindler Holding AG's Cyclically Adjusted PB Ratio of today is 6.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Schindler Holding AG was 10.90. The lowest was 4.96. And the median was 8.72.


Schindler Holding AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Schindler Holding 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.

Schindler Holding AG Cyclically Adjusted Book per Share Chart

Schindler Holding 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 25.68 29.17 29.66 32.57 37.17

Schindler Holding AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 32.57 37.20 33.02 37.17 40.05

Competitive Comparison of Schindler Holding AG's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Schindler Holding 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.


Schindler Holding AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Schindler Holding 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, Schindler Holding 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)
=46.036/106.4611*106.4611
=46.036

Current CPI (Mar. 2024) = 106.4611.

Schindler Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 23.482 101.224 24.697
201406 24.871 101.517 26.082
201409 26.866 101.247 28.250
201412 26.353 100.704 27.860
201503 23.733 100.339 25.181
201506 24.376 100.464 25.831
201509 22.879 99.785 24.410
201512 21.400 99.386 22.923
201603 20.163 99.475 21.579
201606 21.840 100.088 23.231
201609 24.166 99.604 25.830
201612 25.272 99.380 27.073
201703 22.876 100.040 24.344
201706 25.491 100.285 27.061
201709 27.698 100.254 29.413
201712 29.905 100.213 31.770
201803 28.289 100.836 29.867
201806 30.088 101.435 31.579
201809 33.038 101.246 34.740
201812 34.207 100.906 36.090
201903 35.291 101.571 36.990
201906 33.596 102.044 35.050
201909 36.267 101.396 38.079
201912 35.776 101.063 37.687
202003 31.958 101.048 33.670
202006 34.066 100.743 36.000
202009 37.292 100.585 39.471
202012 40.729 100.241 43.256
202103 38.055 100.800 40.192
202106 42.779 101.352 44.935
202109 44.084 101.533 46.224
202112 43.404 101.776 45.402
202203 40.372 103.205 41.646
202206 38.991 104.783 39.616
202209 39.704 104.835 40.320
202212 43.259 104.666 44.001
202303 41.383 106.245 41.467
202306 44.521 106.576 44.473
202312 49.496 106.461 49.496
202403 46.036 106.461 46.036

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


Schindler Holding AG  (OTCPK:SHLRF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=271.33/40.05
=6.77

* 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 Schindler Holding AG was 10.90. The lowest was 4.96. And the median was 8.72.


Be Aware

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


Schindler Holding AG Cyclically Adjusted Book per Share Related Terms

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


Schindler Holding AG (Schindler Holding AG) Business Description

Address
Seestrasse 55, Hergiswil, CHE, 6052
Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.

Schindler Holding AG (Schindler Holding AG) Headlines

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