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Mueller Water Products, (FRA:JT5) Cyclically Adjusted Book per Share : €3.75 (As of Mar. 2024)


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What is Mueller Water Products, 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.

Mueller Water Products,'s adjusted book value per share for the three months ended in Mar. 2024 was €4.459. 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 €3.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mueller Water Products,'s average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 Mueller Water Products, was 11.80% per year. The lowest was -19.30% per year. And the median was -2.65% per year.

As of today (2024-05-22), Mueller Water Products,'s current stock price is €17.50. Mueller Water Products,'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.75. Mueller Water Products,'s Cyclically Adjusted PB Ratio of today is 4.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mueller Water Products, was 5.45. The lowest was 1.43. And the median was 3.48.


Mueller Water Products, Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mueller Water Products,'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.

Mueller Water Products, Cyclically Adjusted Book per Share Chart

Mueller Water Products, Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 2.37 2.74 3.73 3.74

Mueller Water Products, 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 3.34 3.53 3.74 3.62 3.75

Competitive Comparison of Mueller Water Products,'s Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Mueller Water Products,'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.


Mueller Water Products,'s Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Water Products,'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mueller Water Products,'s Cyclically Adjusted PB Ratio falls into.



Mueller Water Products, 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, Mueller Water Products,'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)
=4.459/131.7762*131.7762
=4.459

Current CPI (Mar. 2024) = 131.7762.

Mueller Water Products, Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.585 100.560 2.077
201409 1.700 100.428 2.231
201412 1.631 99.070 2.169
201503 1.883 99.621 2.491
201506 1.879 100.684 2.459
201509 2.034 100.392 2.670
201512 2.080 99.792 2.747
201603 2.069 100.470 2.714
201606 2.165 101.688 2.806
201609 2.305 101.861 2.982
201612 2.469 101.863 3.194
201703 2.605 102.862 3.337
201706 2.589 103.349 3.301
201709 2.584 104.136 3.270
201712 2.842 104.011 3.601
201803 2.723 105.290 3.408
201806 2.906 106.317 3.602
201809 3.068 106.507 3.796
201812 2.987 105.998 3.713
201903 3.059 107.251 3.759
201906 3.179 108.070 3.876
201909 3.403 108.329 4.140
201912 3.392 108.420 4.123
202003 3.480 108.902 4.211
202006 3.432 108.767 4.158
202009 3.441 109.815 4.129
202012 3.402 109.897 4.079
202103 3.548 111.754 4.184
202106 3.577 114.631 4.112
202109 3.739 115.734 4.257
202112 3.904 117.630 4.374
202203 4.084 121.301 4.437
202206 4.251 125.017 4.481
202209 4.338 125.227 4.565
202212 4.157 125.222 4.375
202303 4.187 127.348 4.333
202306 4.214 128.729 4.314
202309 4.277 129.860 4.340
202312 4.295 129.419 4.373
202403 4.459 131.776 4.459

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


Mueller Water Products,  (FRA:JT5) 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.

Mueller Water Products,'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.50/3.75
=4.67

* 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 Mueller Water Products, was 5.45. The lowest was 1.43. And the median was 3.48.


Be Aware

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


Mueller Water Products, Cyclically Adjusted Book per Share Related Terms

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


Mueller Water Products, (FRA:JT5) Business Description

Traded in Other Exchanges
Address
1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. Water Flow Solutions' portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. The company derives a majority of its revenue from the United states.

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