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Beacon Roofing Supply (FRA:OWY) Cyclically Adjusted Book per Share : €25.34 (As of Mar. 2024)


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What is Beacon Roofing Supply 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.

Beacon Roofing Supply's adjusted book value per share for the three months ended in Mar. 2024 was €26.624. 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 €25.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beacon Roofing Supply's average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Beacon Roofing Supply was 14.40% per year. The lowest was 10.00% per year. And the median was 12.15% per year.

As of today (2024-05-15), Beacon Roofing Supply's current stock price is €88.50. Beacon Roofing Supply's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €25.34. Beacon Roofing Supply's Cyclically Adjusted PB Ratio of today is 3.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beacon Roofing Supply was 4.56. The lowest was 0.66. And the median was 2.62.


Beacon Roofing Supply Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beacon Roofing Supply'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.

Beacon Roofing Supply Cyclically Adjusted Book per Share Chart

Beacon Roofing Supply Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.60 17.57 20.11 24.80 25.74

Beacon Roofing Supply 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 24.10 25.47 26.91 25.74 25.34

Competitive Comparison of Beacon Roofing Supply's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, Beacon Roofing Supply'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.


Beacon Roofing Supply's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

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

* The bar in red indicates where Beacon Roofing Supply's Cyclically Adjusted PB Ratio falls into.



Beacon Roofing Supply 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, Beacon Roofing Supply'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)
=26.624/129.4194*129.4194
=26.624

Current CPI (Mar. 2024) = 129.4194.

Beacon Roofing Supply Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.840 100.560 15.238
201409 12.837 100.428 16.543
201412 13.602 99.070 17.769
201503 15.245 99.621 19.805
201506 15.283 100.684 19.645
201509 15.803 100.392 20.372
201512 18.784 99.792 24.361
201603 18.406 100.470 23.709
201606 18.925 101.688 24.086
201609 19.695 101.861 25.023
201612 21.317 101.863 27.084
201703 20.935 102.862 26.340
201706 20.656 103.349 25.867
201709 22.081 104.136 27.442
201712 23.027 104.011 28.652
201803 21.258 105.290 26.130
201806 23.105 106.317 28.126
201809 23.700 106.507 28.799
201812 24.073 105.998 29.392
201903 23.356 107.251 28.184
201906 23.758 108.070 28.452
201909 24.659 108.329 29.460
201912 24.093 108.420 28.759
202003 22.274 108.902 26.471
202006 21.748 108.767 25.877
202009 21.667 109.815 25.535
202012 18.297 109.897 21.547
202103 18.693 111.754 21.648
202106 19.427 114.631 21.933
202109 21.132 115.734 23.631
202112 22.784 117.630 25.068
202203 23.074 121.301 24.618
202206 24.397 125.017 25.256
202209 28.426 125.227 29.378
202212 27.998 125.222 28.937
202303 27.824 127.348 28.277
202306 29.447 128.729 29.605
202309 25.941 129.860 25.853
202312 26.416 129.419 26.416
202403 26.624 129.419 26.624

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


Beacon Roofing Supply  (FRA:OWY) 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.

Beacon Roofing Supply's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=88.50/25.34
=3.49

* 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 Beacon Roofing Supply was 4.56. The lowest was 0.66. And the median was 2.62.


Be Aware

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


Beacon Roofing Supply Cyclically Adjusted Book per Share Related Terms

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


Beacon Roofing Supply (FRA:OWY) Business Description

Traded in Other Exchanges
Address
505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170
Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.

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