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Chicago Bridge & Iron Co NV (FRA:BDZ) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2018)


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What is Chicago Bridge & Iron Co 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.

Chicago Bridge & Iron Co NV's adjusted book value per share for the three months ended in Mar. 2018 was €1.094. 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 €0.00 for the trailing ten years ended in Mar. 2018.

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.

As of today (2024-06-10), Chicago Bridge & Iron Co NV's current stock price is €13.50. Chicago Bridge & Iron Co NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2018 was €0.00. Chicago Bridge & Iron Co NV's Cyclically Adjusted PB Ratio of today is .


Chicago Bridge & Iron Co NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Chicago Bridge & Iron Co 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.

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Chicago Bridge & Iron Co NV Cyclically Adjusted Book per Share Chart

Chicago Bridge & Iron Co NV Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Book per Share
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Chicago Bridge & Iron Co NV Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Chicago Bridge & Iron Co NV's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Chicago Bridge & Iron Co 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.


Chicago Bridge & Iron Co NV's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chicago Bridge & Iron Co NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chicago Bridge & Iron Co NV's Cyclically Adjusted PB Ratio falls into.



Chicago Bridge & Iron Co 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, Chicago Bridge & Iron Co NV's adjusted Book Value per Share data for the three months ended in Mar. 2018 was:

Adj_Book= Book Value per Share /CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=1.094/102.4700*102.4700
=1.094

Current CPI (Mar. 2018) = 102.4700.

Chicago Bridge & Iron Co NV Quarterly Data

Book Value per Share CPI Adj_Book
200806 3.913 89.580 4.476
200809 3.937 90.280 4.469
200812 4.303 89.090 4.949
200903 4.748 90.850 5.355
200906 5.084 90.850 5.734
200909 5.464 90.620 6.179
200912 5.982 90.080 6.805
201003 6.686 91.770 7.466
201006 7.439 91.600 8.322
201009 7.698 92.050 8.569
201012 8.032 91.820 8.964
201103 7.987 93.460 8.757
201106 8.048 93.570 8.813
201109 8.620 94.530 9.344
201112 9.171 94.040 9.993
201203 9.199 95.780 9.842
201206 10.115 95.570 10.845
201209 10.580 96.720 11.209
201212 10.763 96.760 11.398
201303 13.877 98.580 14.425
201306 14.200 98.320 14.799
201309 15.036 99.080 15.550
201312 15.925 98.360 16.590
201403 16.337 99.390 16.843
201406 17.598 99.240 18.171
201409 19.336 99.960 19.822
201412 20.598 99.050 21.309
201503 24.134 99.750 24.792
201506 24.823 100.230 25.378
201509 17.702 100.500 18.049
201512 17.705 99.730 18.191
201603 18.276 100.310 18.670
201606 18.995 100.260 19.414
201609 19.431 100.570 19.798
201612 13.385 100.710 13.619
201703 13.563 101.440 13.701
201706 9.446 101.370 9.549
201709 9.231 102.030 9.271
201712 0.595 101.970 0.598
201803 1.094 102.470 1.094

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


Chicago Bridge & Iron Co NV  (FRA:BDZ) 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.


Be Aware

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


Chicago Bridge & Iron Co NV Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Chicago Bridge & Iron Co NV's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Chicago Bridge & Iron Co NV (FRA:BDZ) Business Description

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Founded in 1889, Chicago Bridge & Iron provides a wide range of services, including conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services, to customers in the global energy infrastructure market. It also provides diversified government services. It generated 2017 adjusted revenue and adjusted EBIT of $5.8 billion and a loss of $180 million, respectively. CB&I employs 34,000 at active projects in more than 70 countries.

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