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Global Industrial Co (FRA:GML0) Cyclically Adjusted Book per Share : €6.55 (As of Mar. 2024)


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What is Global Industrial Co 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.

Global Industrial Co's adjusted book value per share for the three months ended in Mar. 2024 was €6.270. 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 €6.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Global Industrial Co's average Cyclically Adjusted Book Growth Rate was -7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.70% 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 Global Industrial Co was 6.10% per year. The lowest was -6.80% per year. And the median was 1.00% per year.

As of today (2024-05-25), Global Industrial Co's current stock price is €31.80. Global Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.55. Global Industrial Co's Cyclically Adjusted PB Ratio of today is 4.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Global Industrial Co was 6.34. The lowest was 0.63. And the median was 2.32.


Global Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Global Industrial Co'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.

Global Industrial Co Cyclically Adjusted Book per Share Chart

Global Industrial Co 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 - - - - 6.46

Global Industrial Co 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 - - 7.01 6.46 6.55

Competitive Comparison of Global Industrial Co's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, Global Industrial Co'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.


Global Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Global Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Global Industrial Co's Cyclically Adjusted PB Ratio falls into.



Global Industrial Co 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, Global Industrial Co'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)
=6.27/131.7762*131.7762
=6.270

Current CPI (Mar. 2024) = 131.7762.

Global Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.019 100.560 10.508
201409 8.267 100.428 10.848
201412 7.923 99.070 10.539
201503 8.191 99.621 10.835
201506 7.288 100.684 9.539
201509 6.979 100.392 9.161
201512 6.321 99.792 8.347
201603 5.805 100.470 7.614
201606 5.522 101.688 7.156
201609 5.354 101.861 6.926
201612 5.505 101.863 7.122
201703 5.302 102.862 6.792
201706 5.398 103.349 6.883
201709 5.330 104.136 6.745
201712 4.825 104.011 6.113
201803 4.887 105.290 6.116
201806 4.541 106.317 5.628
201809 8.540 106.507 10.566
201812 3.242 105.998 4.030
201903 3.405 107.251 4.184
201906 3.685 108.070 4.493
201909 4.014 108.329 4.883
201912 4.192 108.420 5.095
202003 3.321 108.902 4.019
202006 3.524 108.767 4.269
202009 3.815 109.815 4.578
202012 2.338 109.897 2.803
202103 2.615 111.754 3.084
202106 2.958 114.631 3.400
202109 3.446 115.734 3.924
202112 3.591 117.630 4.023
202203 4.090 121.301 4.443
202206 4.682 125.017 4.935
202209 5.375 125.227 5.656
202212 5.232 125.222 5.506
202303 5.331 127.348 5.516
202306 5.626 128.729 5.759
202309 6.061 129.860 6.150
202312 6.146 129.419 6.258
202403 6.270 131.776 6.270

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


Global Industrial Co  (FRA:GML0) 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.

Global Industrial Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.80/6.55
=4.85

* 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 Global Industrial Co was 6.34. The lowest was 0.63. And the median was 2.32.


Be Aware

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


Global Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Global Industrial Co (FRA:GML0) Business Description

Traded in Other Exchanges
Address
11 Harbor Park Drive, Port Washington, NY, USA, 11050
Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.

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