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Pitney Bowes (BUE:PBI) Cyclically Adjusted Book per Share : ARS92.24 (As of Mar. 2025)


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What is Pitney Bowes 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.

Pitney Bowes's adjusted book value per share for the three months ended in Mar. 2025 was ARS-9,390.055. 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 ARS92.24 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Pitney Bowes's average Cyclically Adjusted Book Growth Rate was -85.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -37.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -14.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -13.10% 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 Pitney Bowes was 18.00% per year. The lowest was -38.80% per year. And the median was -3.80% per year.

As of today (2025-05-29), Pitney Bowes's current stock price is ARS12175.00. Pitney Bowes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ARS92.24. Pitney Bowes's Cyclically Adjusted PB Ratio of today is 131.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pitney Bowes was 150.00. The lowest was 3.58. And the median was 13.58.


Pitney Bowes Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pitney Bowes'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.

Pitney Bowes Cyclically Adjusted Book per Share Chart

Pitney Bowes 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 8.46 9.14 15.95 11.62 189.61

Pitney Bowes Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.28 493.55 308.56 189.61 92.24

Competitive Comparison of Pitney Bowes's Cyclically Adjusted Book per Share

For the Integrated Freight & Logistics subindustry, Pitney Bowes'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.


Pitney Bowes's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pitney Bowes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Pitney Bowes 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, Pitney Bowes's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-9390.055/134.9266*134.9266
=-9,390.055

Current CPI (Mar. 2025) = 134.9266.

Pitney Bowes Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.783 100.684 34.552
201509 20.257 100.392 27.225
201512 35.392 99.792 47.853
201603 27.981 100.470 37.577
201606 17.701 101.688 23.487
201609 31.329 101.861 41.499
201612 -26.675 101.863 -35.334
201703 -11.622 102.862 -15.245
201706 7.673 103.349 10.017
201709 28.284 104.136 36.647
201712 57.750 104.011 74.915
201803 69.274 105.290 88.773
201806 78.124 106.317 99.147
201809 147.849 106.507 187.301
201812 61.143 105.998 77.830
201903 55.232 107.251 69.485
201906 41.535 108.070 51.857
201909 25.057 108.329 31.209
201912 300.989 108.420 374.575
202003 31.974 108.902 39.615
202006 53.356 108.767 66.188
202009 102.503 109.815 125.943
202012 100.255 109.897 123.089
202103 29.807 111.754 35.987
202106 87.037 114.631 102.447
202109 81.791 115.734 95.354
202112 195.294 117.630 224.011
202203 172.533 121.301 191.913
202206 91.823 125.017 99.102
202209 -19.828 125.227 -21.364
202212 175.288 125.222 188.873
202303 202.352 127.348 214.394
202306 -309.193 128.729 -324.080
202309 -744.894 129.860 -773.960
202312 -2,263.279 129.419 -2,359.589
202403 -5,581.600 131.776 -5,715.040
202406 -6,417.582 132.554 -6,532.461
202409 -8,158.987 133.029 -8,275.378
202412 -9,608.522 133.157 -9,736.208
202503 -9,390.055 134.927 -9,390.055

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


Pitney Bowes  (BUE:PBI) 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.

Pitney Bowes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12175.00/92.24
=131.99

* 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 Pitney Bowes was 150.00. The lowest was 3.58. And the median was 13.58.


Be Aware

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


Pitney Bowes Cyclically Adjusted Book per Share Related Terms

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


Pitney Bowes Business Description

Industry
Traded in Other Exchanges
Address
3001 Summer Street, Stamford, CT, USA, 06926
Pitney Bowes Inc is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the globe. The company's reportable segments are SendTech Solutions and Presort Services. SendTech Solutions includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats. Presort Services includes the revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail and Marketing Mail Flats/Bound Printed Matter for postal worksharing discounts. It derives maximum revenue from SendTech Solutions.