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Enterprise Group (FRA:3EO1) Cyclically Adjusted Book per Share : €0.76 (As of Mar. 2024)


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What is Enterprise Group 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.

Enterprise Group's adjusted book value per share for the three months ended in Mar. 2024 was €0.601. 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 €0.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enterprise Group's average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Enterprise Group was 4.40% per year. The lowest was -7.50% per year. And the median was -2.00% per year.

As of today (2024-06-19), Enterprise Group's current stock price is €0.815. Enterprise Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.76. Enterprise Group's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enterprise Group was 1.87. The lowest was 0.11. And the median was 0.27.


Enterprise Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enterprise Group'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.

Enterprise Group Cyclically Adjusted Book per Share Chart

Enterprise Group 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 0.51 0.53 0.58 0.70 0.78

Enterprise Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.67 0.74 0.75 0.78 0.76

Competitive Comparison of Enterprise Group's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Enterprise Group'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.


Enterprise Group's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enterprise Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Enterprise Group 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, Enterprise Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.601/126.2576*126.2576
=0.601

Current CPI (Mar. 2024) = 126.2576.

Enterprise Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.077 99.473 1.367
201409 1.150 99.394 1.461
201412 1.161 98.367 1.490
201503 1.222 99.789 1.546
201506 1.181 100.500 1.484
201509 1.096 100.421 1.378
201512 0.781 99.947 0.987
201603 0.781 101.054 0.976
201606 0.764 102.002 0.946
201609 0.769 101.765 0.954
201612 0.676 101.449 0.841
201703 0.664 102.634 0.817
201706 0.617 103.029 0.756
201709 0.634 103.345 0.775
201712 0.620 103.345 0.757
201803 0.618 105.004 0.743
201806 0.606 105.557 0.725
201809 0.598 105.636 0.715
201812 0.541 105.399 0.648
201903 0.556 106.979 0.656
201906 0.534 107.690 0.626
201909 0.545 107.611 0.639
201912 0.540 107.769 0.633
202003 0.525 107.927 0.614
202006 0.508 108.401 0.592
202009 0.480 108.164 0.560
202012 0.454 108.559 0.528
202103 0.478 110.298 0.547
202106 0.461 111.720 0.521
202109 0.446 112.905 0.499
202112 0.465 113.774 0.516
202203 0.511 117.646 0.548
202206 0.516 120.806 0.539
202209 0.486 120.648 0.509
202212 0.474 120.964 0.495
202303 0.508 122.702 0.523
202306 0.514 124.203 0.523
202309 0.536 125.230 0.540
202312 0.561 125.072 0.566
202403 0.601 126.258 0.601

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


Enterprise Group  (FRA:3EO1) 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.

Enterprise Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.815/0.76
=1.07

* 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 Enterprise Group was 1.87. The lowest was 0.11. And the median was 0.27.


Be Aware

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


Enterprise Group Cyclically Adjusted Book per Share Related Terms

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


Enterprise Group (FRA:3EO1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enterprise Group Inc (FRA:3EO1) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
64 Riel Drive, Suite 2, St. Albert, AB, CAN, T8N 5B3
Enterprise Group Inc is an equipment rental and construction services company operating in the utility, energy, and construction industries. Its focus is specialty equipment rentals. The company has a fleet of trucks and heavy equipment to provide rental services for heavy equipment, flameless heating units and oilfield site service infrastructure throughout Western Canada.

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