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Agfa-Gevaert NV (FRA:AGE) Cyclically Adjusted Book per Share : €2.73 (As of Mar. 2025)


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What is Agfa-Gevaert NV 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.

Agfa-Gevaert NV's adjusted book value per share for the three months ended in Mar. 2025 was €1.886. 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 €2.73 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Agfa-Gevaert NV's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.60% 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 Agfa-Gevaert NV was 5.10% per year. The lowest was -13.30% per year. And the median was -4.30% per year.

As of today (2025-05-29), Agfa-Gevaert NV's current stock price is €0.926. Agfa-Gevaert NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €2.73. Agfa-Gevaert NV's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Agfa-Gevaert NV was 1.95. The lowest was 0.26. And the median was 1.19.


Agfa-Gevaert NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Agfa-Gevaert NV'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.

Agfa-Gevaert NV Cyclically Adjusted Book per Share Chart

Agfa-Gevaert NV 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 2.38 2.28 2.53 2.55 2.64

Agfa-Gevaert NV 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 2.59 2.63 2.69 2.64 2.73

Competitive Comparison of Agfa-Gevaert NV's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Agfa-Gevaert NV'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.


Agfa-Gevaert NV's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Agfa-Gevaert NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Agfa-Gevaert NV's Cyclically Adjusted PB Ratio falls into.


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Agfa-Gevaert NV 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, Agfa-Gevaert NV'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)
=1.886/134.3475*134.3475
=1.886

Current CPI (Mar. 2025) = 134.3475.

Agfa-Gevaert NV Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.727 100.107 0.976
201509 0.799 100.245 1.071
201512 1.359 100.572 1.815
201603 1.449 101.653 1.915
201606 1.830 102.267 2.404
201609 1.961 102.118 2.580
201612 1.282 102.614 1.678
201703 1.365 103.972 1.764
201706 1.377 103.902 1.780
201709 1.371 104.170 1.768
201712 1.639 104.804 2.101
201803 1.526 105.419 1.945
201806 1.610 106.063 2.039
201809 1.556 106.618 1.961
201812 1.502 107.252 1.881
201903 1.562 107.876 1.945
201906 1.639 107.896 2.041
201909 1.651 107.470 2.064
201912 0.495 108.065 0.615
202003 0.370 108.550 0.458
202006 4.381 108.540 5.423
202009 4.185 108.441 5.185
202012 3.398 108.511 4.207
202103 3.422 109.522 4.198
202106 4.001 110.305 4.873
202109 3.955 111.543 4.764
202112 3.939 114.705 4.614
202203 3.976 118.620 4.503
202206 4.754 120.948 5.281
202209 4.709 124.120 5.097
202212 3.359 126.578 3.565
202303 2.881 126.528 3.059
202306 2.797 125.973 2.983
202309 2.732 127.083 2.888
202312 2.551 128.292 2.671
202403 2.454 130.552 2.525
202406 2.454 130.691 2.523
202409 2.312 130.968 2.372
202412 2.086 132.346 2.118
202503 1.886 134.348 1.886

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


Agfa-Gevaert NV  (FRA:AGE) 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.

Agfa-Gevaert NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.926/2.73
=0.34

* 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 Agfa-Gevaert NV was 1.95. The lowest was 0.26. And the median was 1.19.


Be Aware

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


Agfa-Gevaert NV Cyclically Adjusted Book per Share Related Terms

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


Agfa-Gevaert NV Business Description

Industry
Traded in Other Exchanges
Address
Septestraat 27, Mortsel, BEL, B-2640
Agfa-Gevaert NV develops, produces, and distributes a range of analog and digital imaging systems and information technology solutions, for the printing sector, healthcare sector, and specific industrial applications. The company's operating segment includes CONOPS; Digital Print and Chemicals; Radiology Solutions and Healthcare IT. It generates maximum revenue from the Digital Print and Chemicals segment. The company operates in Europe, NAFTA, Latin America and Asia/Oceania/Africa.