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Celanese (BSP:C1NS34) Cyclically Adjusted Book per Share : R$99.41 (As of Sep. 2024)


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What is Celanese 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.

Celanese's adjusted book value per share for the three months ended in Sep. 2024 was R$184.329. 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 R$99.41 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Celanese's average Cyclically Adjusted Book Growth Rate was 15.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 17.30% 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 Celanese was 23.40% per year. The lowest was 14.30% per year. And the median was 16.60% per year.

As of today (2025-01-19), Celanese's current stock price is R$223.00. Celanese's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was R$99.41. Celanese's Cyclically Adjusted PB Ratio of today is 2.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Celanese was 8.80. The lowest was 1.77. And the median was 6.76.


Celanese Cyclically Adjusted Book per Share Historical Data

The historical data trend for Celanese'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.

Celanese Cyclically Adjusted Book per Share Chart

Celanese 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 - 50.15 63.95 73.82 79.99

Celanese Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 79.80 79.99 86.13 98.82 99.41

Competitive Comparison of Celanese's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Celanese'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.


Celanese's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Celanese's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Celanese 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, Celanese's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=184.329/133.0289*133.0289
=184.329

Current CPI (Sep. 2024) = 133.0289.

Celanese Quarterly Data

Book Value per Share CPI Adj_Book
201412 24.345 99.070 32.690
201503 29.323 99.621 39.156
201506 31.210 100.684 41.236
201509 36.796 100.392 48.758
201512 31.436 99.792 41.906
201603 33.170 100.470 43.919
201606 30.772 101.688 40.256
201609 30.783 101.861 40.202
201612 30.855 101.863 40.295
201703 29.257 102.862 37.837
201706 32.247 103.349 41.508
201709 31.351 104.136 40.050
201712 35.032 104.011 44.805
201803 39.257 105.290 49.600
201806 47.201 106.317 59.060
201809 54.396 106.507 67.942
201812 45.232 105.998 56.767
201903 46.214 107.251 57.322
201906 44.620 108.070 54.925
201909 46.633 108.329 57.265
201912 43.035 108.420 52.803
202003 50.586 108.902 61.793
202006 54.543 108.767 66.709
202009 57.763 109.815 69.974
202012 79.445 109.897 96.167
202103 88.605 111.754 105.473
202106 85.939 114.631 99.732
202109 94.744 115.734 108.902
202112 109.645 117.630 123.999
202203 105.839 121.301 116.072
202206 113.676 125.017 120.961
202209 119.737 125.227 127.197
202212 136.292 125.222 144.789
202303 135.522 127.348 141.568
202306 125.392 128.729 129.581
202309 147.248 129.860 150.842
202312 159.515 129.419 163.964
202403 161.212 131.776 162.745
202406 176.624 132.554 177.257
202409 184.329 133.029 184.329

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


Celanese  (BSP:C1NS34) 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.

Celanese's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=223.00/99.41
=2.24

* 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 Celanese was 8.80. The lowest was 1.77. And the median was 6.76.


Be Aware

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


Celanese Cyclically Adjusted Book per Share Related Terms

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


Celanese Business Description

Industry
Traded in Other Exchanges
Address
222 West Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

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