GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Rothschild & Co SCA (CHIX:ROTHp) » Definitions » Cyclically Adjusted Book per Share

Rothschild SCA (CHIX:ROTHP) Cyclically Adjusted Book per Share : €29.81 (As of Jun. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Rothschild SCA 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.

Rothschild SCA's adjusted book value per share data for the fiscal year that ended in Dec. 2022 was €48.507. 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 €29.81 for the trailing ten years ended in Dec. 2022.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 Rothschild SCA was 9.60% per year. The lowest was 0.20% per year. And the median was 4.70% per year.

As of today (2024-05-27), Rothschild SCA's current stock price is € 47.40. Rothschild SCA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2022 was €29.81. Rothschild SCA's Cyclically Adjusted PB Ratio of today is 1.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rothschild SCA was 1.76. The lowest was 0.69. And the median was 1.26.


Rothschild SCA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rothschild SCA'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.

Rothschild SCA Cyclically Adjusted Book per Share Chart

Rothschild SCA Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.84 23.07 24.50 26.21 29.81

Rothschild SCA Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 26.21 - 29.81 -

Competitive Comparison of Rothschild SCA's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Rothschild SCA'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.


Rothschild SCA's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Rothschild SCA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rothschild SCA 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, Rothschild SCA's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2022 was:

Adj_Book=Book Value per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=48.507/114.1600*114.1600
=48.507

Current CPI (Dec. 2022) = 114.1600.

Rothschild SCA Annual Data

Book Value per Share CPI Adj_Book
201303 17.445 99.630 19.989
201403 18.007 100.240 20.508
201503 20.079 100.170 22.883
201603 21.664 100.020 24.727
201703 23.991 101.170 27.071
201812 27.370 103.470 30.198
201912 30.475 104.980 33.140
202012 31.044 104.960 33.765
202112 42.218 107.850 44.688
202212 48.507 114.160 48.507

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


Rothschild SCA  (CHIX:ROTHp) 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.

Rothschild SCA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.40/29.81
=1.59

* 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 Rothschild SCA was 1.76. The lowest was 0.69. And the median was 1.26.


Be Aware

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


Rothschild SCA Cyclically Adjusted Book per Share Related Terms

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


Rothschild SCA (CHIX:ROTHP) Business Description

Traded in Other Exchanges
N/A
Address
23 bis, Avenue de Messine, Paris, FRA, 75008
Rothschild & Co SCA is a financial advisory group that provides merger and acquisition, strategy and financing advice, as well as investment and wealth management solutions to large institutions, families, individuals, and governments globally. The company operates through three divisions: Rothschild Global Advisory, which offers merger and acquisition, strategy, and financing solutions to clients; Rothschild Private Wealth & Rothschild Asset Management, which provides investing, structuring, and safeguarding solutions; and Rothschild Merchant Banking, which is engaged in corporate private equity, managed funds, direct lending, and credit management. Its geographical segments are France, United Kingdom & Channel Islands, Americas, Rest of Europe, Switzerland, Australia & Asia, and others.

Rothschild SCA (CHIX:ROTHP) Headlines

No Headlines