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Piperndler Cos (FRA:PJR) Cyclically Adjusted Book per Share : €65.70 (As of Mar. 2024)


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What is Piperndler Cos 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.

Piperndler Cos's adjusted book value per share for the three months ended in Mar. 2024 was €64.730. 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 €65.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Piperndler Cos's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.10% 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 Piperndler Cos was 7.00% per year. The lowest was 0.90% per year. And the median was 2.90% per year.

As of today (2024-05-17), Piperndler Cos's current stock price is €194.00. Piperndler Cos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €65.70. Piperndler Cos's Cyclically Adjusted PB Ratio of today is 2.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Piperndler Cos was 3.12. The lowest was 0.62. And the median was 1.28.


Piperndler Cos Cyclically Adjusted Book per Share Historical Data

The historical data trend for Piperndler Cos'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.

Piperndler Cos Cyclically Adjusted Book per Share Chart

Piperndler Cos 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 50.92 46.88 55.94 64.62 63.88

Piperndler Cos 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 60.93 64.55 66.79 63.88 65.70

Competitive Comparison of Piperndler Cos's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Piperndler Cos'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.


Piperndler Cos's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Piperndler Cos's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Piperndler Cos's Cyclically Adjusted PB Ratio falls into.



Piperndler Cos 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, Piperndler Cos'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)
=64.73/131.7762*131.7762
=64.730

Current CPI (Mar. 2024) = 131.7762.

Piperndler Cos Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.670 100.560 50.674
201409 41.327 100.428 54.227
201412 43.559 99.070 57.939
201503 51.188 99.621 67.710
201506 50.601 100.684 66.227
201509 50.812 100.392 66.697
201512 54.045 99.792 71.367
201603 54.497 100.470 71.478
201606 55.513 101.688 71.939
201609 56.943 101.861 73.666
201612 58.083 101.863 75.140
201703 56.910 102.862 72.907
201706 54.588 103.349 69.603
201709 48.016 104.136 60.761
201712 45.377 104.011 57.490
201803 41.956 105.290 52.510
201806 44.007 106.317 54.545
201809 44.894 106.507 55.545
201812 45.822 105.998 56.966
201903 43.456 107.251 53.393
201906 42.467 108.070 51.783
201909 46.143 108.329 56.130
201912 47.980 108.420 58.316
202003 47.900 108.902 57.961
202006 47.987 108.767 58.138
202009 47.508 109.815 57.009
202012 49.491 109.897 59.344
202103 51.749 111.754 61.020
202106 55.460 114.631 63.755
202109 59.029 115.734 67.211
202112 66.671 117.630 74.689
202203 65.059 121.301 70.677
202206 68.356 125.017 72.052
202209 73.978 125.227 77.847
202212 72.774 125.222 76.583
202303 65.287 127.348 67.557
202306 63.219 128.729 64.716
202309 64.092 129.860 65.038
202312 65.487 129.419 66.680
202403 64.730 131.776 64.730

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


Piperndler Cos  (FRA:PJR) 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.

Piperndler Cos's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=194.00/65.7
=2.95

* 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 Piperndler Cos was 3.12. The lowest was 0.62. And the median was 1.28.


Be Aware

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


Piperndler Cos Cyclically Adjusted Book per Share Related Terms

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


Piperndler Cos (FRA:PJR) Business Description

Traded in Other Exchanges
Address
800 Nicollet Mall, Suite 900, Minneapolis, MN, USA, 55402
Piper Sandler Cos is an investment banking company. Investment banking services include financial advisory services, management of and participation in underwriting, and public finance activities. It generates maximum revenue from Advisory services followed by Equity financing. The company focuses on the following sectors: healthcare; energy; consumer; diversified industrials and services; business services; technology; financial services; agriculture, clean technologies, and renewables, focusing on middle-market clients.

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