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Caldwell Partners International (TSX:CWL) Cyclically Adjusted Book per Share : C$0.95 (As of Feb. 2024)


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What is Caldwell Partners International 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.

Caldwell Partners International's adjusted book value per share for the three months ended in Feb. 2024 was C$1.041. 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 C$0.95 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Caldwell Partners International's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.60% 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 Caldwell Partners International was 9.80% per year. The lowest was -8.00% per year. And the median was -5.40% per year.

As of today (2024-04-28), Caldwell Partners International's current stock price is C$0.80. Caldwell Partners International's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.95. Caldwell Partners International's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Caldwell Partners International was 3.67. The lowest was 0.67. And the median was 1.35.


Caldwell Partners International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Caldwell Partners International'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.

Caldwell Partners International Cyclically Adjusted Book per Share Chart

Caldwell Partners International Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.71 0.76 0.86 0.94

Caldwell Partners International Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.90 0.92 0.94 0.94 0.95

Competitive Comparison of Caldwell Partners International's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Caldwell Partners International'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.


Caldwell Partners International's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Caldwell Partners International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Caldwell Partners International 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, Caldwell Partners International's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.041/125.4675*125.4675
=1.041

Current CPI (Feb. 2024) = 125.4675.

Caldwell Partners International Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.658 99.394 0.831
201408 0.685 99.315 0.865
201411 0.698 99.078 0.884
201502 0.721 99.078 0.913
201505 0.735 100.263 0.920
201508 0.686 100.579 0.856
201511 0.698 100.421 0.872
201602 0.691 100.421 0.863
201605 0.688 101.765 0.848
201608 0.642 101.686 0.792
201611 0.666 101.607 0.822
201702 0.660 102.476 0.808
201705 0.670 103.108 0.815
201708 0.643 103.108 0.782
201711 0.660 103.740 0.798
201802 0.653 104.688 0.783
201805 0.683 105.399 0.813
201808 0.682 106.031 0.807
201811 0.742 105.478 0.883
201902 0.717 106.268 0.847
201905 0.757 107.927 0.880
201908 0.679 108.085 0.788
201911 0.728 107.769 0.848
202002 0.726 108.559 0.839
202005 0.717 107.532 0.837
202008 0.821 108.243 0.952
202011 0.865 108.796 0.998
202102 0.883 109.745 1.010
202105 0.937 111.404 1.055
202108 1.010 112.668 1.125
202111 1.047 113.932 1.153
202202 1.176 115.986 1.272
202205 1.225 120.016 1.281
202208 1.355 120.569 1.410
202211 1.236 121.675 1.275
202302 1.154 122.070 1.186
202305 1.213 124.045 1.227
202308 0.938 125.389 0.939
202311 1.068 125.468 1.068
202402 1.041 125.468 1.041

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


Caldwell Partners International  (TSX:CWL) 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.

Caldwell Partners International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.80/0.95
=0.84

* 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 Caldwell Partners International was 3.67. The lowest was 0.67. And the median was 1.35.


Be Aware

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


Caldwell Partners International Cyclically Adjusted Book per Share Related Terms

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


Caldwell Partners International (TSX:CWL) Business Description

Traded in Other Exchanges
Address
79 Wellington Street West, Suite 2410, TD South Tower, Toronto, ON, CAN, M5K 1E7
Caldwell Partners International Inc is a provider of executive search that specializes in the recruitment of executives for full-time and advisory roles. The company contracts with its clients, on an assignment basis providing advice on the identification, evaluation, assessment, and recommendation of qualified candidates for filling of senior executive positions. It recruits employees for various positions that include Board Services, Human Resources, Information Security, Legal, Marketing, Industrial, Insurance, Healthcare, Media, Real Estate, Technology etc. The Company operates through two segments; Caldwell and IQTalent, out of which majority revenue is generated from Caldwell segment. The company's operations are spread across Canada, the United States, Asia pacific and Europe.

Caldwell Partners International (TSX:CWL) Headlines

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