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Ferrovial SE (CHIX:FERE) Cyclically Adjusted Book per Share : €8.04 (As of Dec. 2024)


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What is Ferrovial SE 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.

Ferrovial SE's adjusted book value per share for the three months ended in Dec. 2024 was €8.416. 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 €8.04 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Ferrovial SE's average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.50% 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 Ferrovial SE was 1.60% per year. The lowest was -2.90% per year. And the median was 0.40% per year.

As of today (2025-05-16), Ferrovial SE's current stock price is €44.58. Ferrovial SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €8.04. Ferrovial SE's Cyclically Adjusted PB Ratio of today is 5.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ferrovial SE was 5.85. The lowest was 3.44. And the median was 4.67.


Ferrovial SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ferrovial SE'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.

Ferrovial SE Cyclically Adjusted Book per Share Chart

Ferrovial SE 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 7.81 7.51 8.23 7.77 8.04

Ferrovial SE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 8.28 7.77 - 7.64 8.04

Competitive Comparison of Ferrovial SE's Cyclically Adjusted Book per Share

For the Infrastructure Operations subindustry, Ferrovial SE'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.


Ferrovial SE's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ferrovial SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ferrovial SE 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, Ferrovial SE'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)
=8.416/131.6300*131.6300
=8.416

Current CPI (Dec. 2024) = 131.6300.

Ferrovial SE Quarterly Data

Book Value per Share CPI Adj_Book
201409 8.022 99.960 10.564
201412 7.747 99.050 10.295
201503 8.042 99.750 10.612
201506 8.212 100.230 10.785
201509 7.940 100.500 10.399
201512 8.284 99.730 10.934
201603 8.303 100.310 10.895
201606 7.995 100.260 10.497
201609 7.589 100.570 9.933
201612 7.670 100.710 10.025
201703 7.618 101.440 9.885
201706 7.202 101.370 9.352
201709 7.033 102.030 9.073
201712 7.537 101.970 9.729
201803 7.166 102.470 9.205
201806 7.203 103.100 9.196
201809 7.364 103.950 9.325
201812 6.197 103.970 7.846
201903 6.068 105.370 7.580
201906 5.883 105.840 7.317
201909 5.642 106.700 6.960
201912 5.880 106.800 7.247
202003 5.543 106.850 6.828
202006 5.022 107.510 6.149
202009 4.563 107.880 5.568
202012 4.302 107.850 5.251
202103 4.388 108.870 5.305
202106 4.159 109.670 4.992
202109 4.181 110.790 4.967
202112 5.544 114.010 6.401
202206 5.600 119.050 6.192
202209 5.614 126.890 5.824
202212 5.663 124.940 5.966
202303 0.000 124.720 0.000
202306 5.091 125.830 5.326
202309 5.056 127.160 5.234
202312 5.116 126.450 5.326
202403 0.000 128.580 0.000
202406 5.167 129.910 5.235
202412 8.416 131.630 8.416

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


Ferrovial SE  (CHIX:FERe) 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.

Ferrovial SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.58/8.04
=5.54

* 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 Ferrovial SE was 5.85. The lowest was 3.44. And the median was 4.67.


Be Aware

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


Ferrovial SE Cyclically Adjusted Book per Share Related Terms

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


Ferrovial SE Business Description

Industry
Address
Gustav Mahlerplein 61-63, Symphony Towers, 14th Floor, Amsterdam, NH, NLD, 1082 MS
Ferrovial SE is a Spanish industrial company. The company organizes itself into four segments: Toll Roads, Airports, Construction, and Energy. The Toll Roads segment develops and operates toll roads globally. The Airports segment includes the Development, financing and operation of airports. The Construction segment Designs and executes all public and private works, including most notably the construction of public infrastructures. The Energy segment focuses on innovative solutions for promoting, constructing and operating energy generation and transmission infrastructures.

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