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Cooper-Standard Holdings (FRA:C31) Cyclically Adjusted Book per Share : €36.37 (As of Mar. 2024)


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What is Cooper-Standard Holdings 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.

Cooper-Standard Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €-6.164. 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 €36.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cooper-Standard Holdings's average Cyclically Adjusted Book Growth Rate was -10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Cooper-Standard Holdings was 15.00% per year. The lowest was -2.10% per year. And the median was 11.55% per year.

As of today (2024-05-16), Cooper-Standard Holdings's current stock price is €13.50. Cooper-Standard Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €36.37. Cooper-Standard Holdings's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cooper-Standard Holdings was 4.79. The lowest was 0.09. And the median was 0.82.


Cooper-Standard Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cooper-Standard Holdings'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.

Cooper-Standard Holdings Cyclically Adjusted Book per Share Chart

Cooper-Standard Holdings 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 32.80 33.46 36.64 38.81 36.86

Cooper-Standard Holdings 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 37.00 38.98 33.39 36.86 36.37

Competitive Comparison of Cooper-Standard Holdings's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Cooper-Standard Holdings'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.


Cooper-Standard Holdings's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cooper-Standard Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cooper-Standard Holdings's Cyclically Adjusted PB Ratio falls into.



Cooper-Standard Holdings 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, Cooper-Standard Holdings'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)
=-6.164/131.7762*131.7762
=-6.164

Current CPI (Mar. 2024) = 131.7762.

Cooper-Standard Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 28.760 100.560 37.688
201409 29.806 100.428 39.110
201412 26.128 99.070 34.754
201503 28.687 99.621 37.946
201506 29.875 100.684 39.101
201509 30.247 100.392 39.703
201512 31.729 99.792 41.898
201603 32.710 100.470 42.902
201606 33.966 101.688 44.016
201609 35.321 101.861 45.694
201612 37.370 101.863 48.344
201703 38.957 102.862 49.908
201706 39.577 103.349 50.463
201709 38.899 104.136 49.224
201712 38.988 104.011 49.396
201803 40.068 105.290 50.148
201806 41.203 106.317 51.070
201809 42.493 106.507 52.575
201812 41.300 105.998 51.344
201903 41.604 107.251 51.118
201906 49.024 108.070 59.778
201909 48.446 108.329 58.932
201912 45.750 108.420 55.606
202003 38.062 108.902 46.057
202006 31.034 108.767 37.599
202009 30.887 109.815 37.064
202012 29.534 109.897 35.414
202103 28.262 111.754 33.325
202106 25.308 114.631 29.093
202109 19.671 115.734 22.398
202112 16.921 117.630 18.956
202203 14.675 121.301 15.942
202206 12.574 125.017 13.254
202209 10.688 125.227 11.247
202212 5.943 125.222 6.254
202303 -1.065 127.348 -1.102
202306 -2.911 128.729 -2.980
202309 -2.680 129.860 -2.720
202312 -4.335 129.419 -4.414
202403 -6.164 131.776 -6.164

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


Cooper-Standard Holdings  (FRA:C31) 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.

Cooper-Standard Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.50/36.37
=0.37

* 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 Cooper-Standard Holdings was 4.79. The lowest was 0.09. And the median was 0.82.


Be Aware

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


Cooper-Standard Holdings Cyclically Adjusted Book per Share Related Terms

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


Cooper-Standard Holdings (FRA:C31) Business Description

Traded in Other Exchanges
Address
40300 Traditions Drive, Northville, MI, USA, 48168
Cooper-Standard Holdings Inc is a supplier of rubber and resin products for the automotive industry. The company produces rubber and plastic sealings, fuel and brake lines, fluid transfer hoses, and anti-vibration systems used by original equipment manufacturers and replacement markets for passenger vehicles and light trucks. The largest customers include Ford, GM, FCA, Peugeot Citroen, and Volkswagen. Cooper Standard generates the majority of its revenue with its sealing systems products such as Fortrex, dynamic and static seals, stainless steel trims, flush glass systems, and variable extrusions.

Cooper-Standard Holdings (FRA:C31) Headlines

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