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Alimentation Couche-Tard (Alimentation Couche-Tard) Cyclically Adjusted Book per Share : $8.96 (As of Jan. 2024)


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What is Alimentation Couche-Tard 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.

Alimentation Couche-Tard's adjusted book value per share for the three months ended in Jan. 2024 was $13.828. 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 $8.96 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Alimentation Couche-Tard's average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 23.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 22.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 22.80% 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 Alimentation Couche-Tard was 23.50% per year. The lowest was 18.10% per year. And the median was 22.05% per year.

As of today (2024-05-01), Alimentation Couche-Tard's current stock price is $55.00. Alimentation Couche-Tard's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $8.96. Alimentation Couche-Tard's Cyclically Adjusted PB Ratio of today is 6.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alimentation Couche-Tard was 14.28. The lowest was 5.59. And the median was 7.91.


Alimentation Couche-Tard Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alimentation Couche-Tard'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.

Alimentation Couche-Tard Cyclically Adjusted Book per Share Chart

Alimentation Couche-Tard Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 4.24 5.88 7.00 7.92

Alimentation Couche-Tard Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 7.64 7.92 8.49 8.37 8.96

Competitive Comparison of Alimentation Couche-Tard's Cyclically Adjusted Book per Share

For the Specialty Retail subindustry, Alimentation Couche-Tard'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.


Alimentation Couche-Tard's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alimentation Couche-Tard's Cyclically Adjusted PB Ratio falls into.



Alimentation Couche-Tard 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, Alimentation Couche-Tard's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=13.828/125.4675*125.4675
=13.828

Current CPI (Jan. 2024) = 125.4675.

Alimentation Couche-Tard Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.502 98.920 4.442
201407 3.629 99.315 4.585
201410 3.642 99.473 4.594
201501 3.497 98.209 4.468
201504 3.427 99.710 4.312
201507 3.694 100.579 4.608
201510 4.135 100.500 5.162
201601 4.171 100.184 5.224
201604 4.441 101.370 5.497
201607 4.646 101.844 5.724
201610 4.918 102.002 6.049
201701 5.116 102.318 6.274
201704 5.286 103.029 6.437
201707 5.728 103.029 6.976
201710 6.082 103.424 7.378
201801 6.556 104.056 7.905
201804 6.700 105.320 7.982
201807 6.946 106.110 8.213
201810 7.336 105.952 8.687
201901 7.809 105.557 9.282
201904 7.905 107.453 9.230
201907 8.347 108.243 9.675
201910 8.614 107.927 10.014
202001 8.914 108.085 10.348
202004 9.047 107.216 10.587
202007 9.975 108.401 11.545
202010 10.710 108.638 12.369
202101 11.080 109.192 12.732
202104 11.283 110.851 12.771
202107 11.634 112.431 12.983
202110 12.097 113.695 13.350
202201 12.184 114.801 13.316
202204 12.038 118.357 12.761
202207 12.150 120.964 12.602
202210 12.687 121.517 13.099
202301 12.192 121.596 12.580
202304 12.804 123.571 13.000
202307 13.600 124.914 13.660
202310 13.554 125.310 13.571
202401 13.828 125.468 13.828

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


Alimentation Couche-Tard  (OTCPK:ANCTF) 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.

Alimentation Couche-Tard's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.00/8.96
=6.14

* 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 Alimentation Couche-Tard was 14.28. The lowest was 5.59. And the median was 7.91.


Be Aware

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


Alimentation Couche-Tard Cyclically Adjusted Book per Share Related Terms

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


Alimentation Couche-Tard (Alimentation Couche-Tard) Business Description

Traded in Other Exchanges
Address
4204 Boulevard Industriel, Laval, QC, CAN, H7L 0E3
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia. Its operation is geographically divided into U.S., Europe, and Canada. Revenue from external customers fall mainly into three categories: merchandise and services, road transportation fuel, and other.