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ALG (Alamo Group) Cyclically Adjusted Book per Share : $59.60 (As of Dec. 2024)


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What is Alamo Group 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.

Alamo Group's adjusted book value per share for the three months ended in Dec. 2024 was $84.734. 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 $59.60 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Alamo Group's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Alamo Group was 13.40% per year. The lowest was 4.60% per year. And the median was 7.40% per year.

As of today (2025-03-03), Alamo Group's current stock price is $174.98. Alamo Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $59.60. Alamo Group's Cyclically Adjusted PB Ratio of today is 2.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alamo Group was 4.43. The lowest was 1.85. And the median was 3.20.


Alamo Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alamo Group'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.

Alamo Group Cyclically Adjusted Book per Share Chart

Alamo Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.90 42.52 48.36 53.74 59.60

Alamo Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 53.74 55.74 57.10 58.43 59.60

Competitive Comparison of Alamo Group's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Alamo Group'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.


Alamo Group's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Alamo Group 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, Alamo Group's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=84.734/133.1571*133.1571
=84.734

Current CPI (Dec. 2024) = 133.1571.

Alamo Group Quarterly Data

Book Value per Share CPI Adj_Book
201503 29.249 99.621 39.095
201506 30.663 100.684 40.553
201509 31.083 100.392 41.228
201512 31.759 99.792 42.377
201603 32.638 100.470 43.256
201606 32.865 101.688 43.036
201609 33.815 101.861 44.204
201612 33.826 101.863 44.218
201703 35.037 102.862 45.356
201706 36.578 103.349 47.128
201709 38.611 104.136 49.371
201712 38.938 104.011 49.849
201803 40.254 105.290 50.908
201806 40.715 106.317 50.994
201809 42.611 106.507 53.273
201812 43.503 105.998 54.650
201903 44.671 107.251 55.461
201906 46.246 108.070 56.982
201909 46.906 108.329 57.656
201912 48.822 108.420 59.961
202003 47.650 108.902 58.263
202006 48.965 108.767 59.945
202009 51.276 109.815 62.175
202012 53.768 109.897 65.148
202103 54.218 111.754 64.602
202106 56.641 114.631 65.795
202109 58.265 115.734 67.036
202112 59.429 117.630 67.274
202203 61.138 121.301 67.114
202206 61.839 125.017 65.866
202209 61.883 125.227 65.802
202212 65.919 125.222 70.096
202303 68.862 127.348 72.003
202306 72.409 128.729 74.900
202309 74.213 129.860 76.098
202312 77.964 129.419 80.216
202403 79.740 131.776 80.576
202406 81.575 132.554 81.946
202409 84.718 133.029 84.800
202412 84.734 133.157 84.734

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


Alamo Group  (NYSE:ALG) 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.

Alamo Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=174.98/59.60
=2.94

* 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 Alamo Group was 4.43. The lowest was 1.85. And the median was 3.20.


Be Aware

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


Alamo Group Cyclically Adjusted Book per Share Related Terms

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


Alamo Group Business Description

Traded in Other Exchanges
N/A
Address
1627 East Walnut, Seguin, TX, USA, 78155
Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.
Executives
Janet S Pollock officer: VP, Human Resources 1627 E WALNUT ST., SEGUIN TX 78155
Jeffery Allen Leonard other: EVP NA Industrial Div (USA) 1627 E WALNUT ST, SEGUIN TX 78155
Edward Rizzuti officer: VP & General Counsel 5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Dan Edward Malone officer: EVP & CFO 1502 E WALNUT ST, SEGUIN TX 78155
Richard Hodges Raborn officer: VP & Gen Mgr Agricultural Div 1627 E. WALNUT ST., SEGUIN TX 78155
Michael A Haberman officer: EVP 1627 E WALNUT ST, SEGUIN TX 78155
Richard J Wehrle officer: VP and Controller 1502 EAST WALNUT, SEGIN TX 78155
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Robert P Bauer director 415 HOLIDAY DRIVE, PITTSBURGH PA 15220
Nina C Grooms director 1627 E WALNUT ST, SEGUIN TX 78155
Ronald A Robinson director, officer: President & CEO 1627 EAST WALNUT, SEGUIN TX 78155
Lorie Tekorius director ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Lori L Sullivan officer: VP, Internal Audit 1627 E WALNUT ST, SEGUIN TX 78155-5259
David W Grzelak director 1502 E WALNUT ST, SEGUIN TX 78155
Rick Parod director 2707 N 108TH STREET STE102, OMAHA NE 68164