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Belden (FRA:QCTA) Cyclically Adjusted Book per Share : €29.14 (As of Mar. 2025)


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What is Belden 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.

Belden's adjusted book value per share for the three months ended in Mar. 2025 was €28.529. 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 €29.14 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Belden's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Belden was 14.90% per year. The lowest was -0.50% per year. And the median was 5.60% per year.

As of today (2025-05-30), Belden's current stock price is €94.50. Belden's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €29.14. Belden's Cyclically Adjusted PB Ratio of today is 3.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Belden was 4.59. The lowest was 1.14. And the median was 2.75.


Belden Cyclically Adjusted Book per Share Historical Data

The historical data trend for Belden'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.

Belden Cyclically Adjusted Book per Share Chart

Belden Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.03 23.21 27.12 27.57 29.70

Belden Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 28.46 28.54 27.57 29.70 29.14

Competitive Comparison of Belden's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Belden'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.


Belden's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Belden's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Belden 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, Belden's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=28.529/134.9266*134.9266
=28.529

Current CPI (Mar. 2025) = 134.9266.

Belden Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.134 100.684 22.961
201509 16.413 100.392 22.059
201512 18.021 99.792 24.366
201603 17.892 100.470 24.028
201606 18.667 101.688 24.769
201609 29.851 101.861 39.541
201612 32.821 101.863 43.474
201703 32.412 102.862 42.516
201706 31.107 103.349 40.611
201709 28.690 104.136 37.173
201712 28.842 104.011 37.415
201803 25.546 105.290 32.737
201806 28.451 106.317 36.107
201809 29.552 106.507 37.438
201812 30.950 105.998 39.397
201903 32.096 107.251 40.378
201906 32.337 108.070 40.373
201909 22.747 108.329 28.332
201912 19.004 108.420 23.650
202003 19.092 108.902 23.655
202006 16.425 108.767 20.375
202009 15.086 109.815 18.536
202012 13.820 109.897 16.968
202103 15.764 111.754 19.033
202106 16.050 114.631 18.892
202109 17.790 115.734 20.740
202112 18.798 117.630 21.562
202203 19.438 121.301 21.621
202206 22.480 125.017 24.262
202209 26.622 125.227 28.684
202212 25.191 125.222 27.143
202303 24.883 127.348 26.364
202306 25.401 128.729 26.624
202309 26.967 129.860 28.019
202312 26.004 129.419 27.111
202403 26.148 131.776 26.773
202406 27.834 132.554 28.332
202409 27.379 133.029 27.770
202412 30.750 133.157 31.159
202503 28.529 134.927 28.529

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


Belden  (FRA:QCTA) 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.

Belden's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=94.50/29.14
=3.24

* 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 Belden was 4.59. The lowest was 1.14. And the median was 2.75.


Be Aware

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


Belden Cyclically Adjusted Book per Share Related Terms

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


Belden Business Description

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Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Smart Infrastructure Solutions and Automation Solutions. Smart Infrastructure Solutions segment is a provider in network infrastructure and broadband solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. Automation Solutions segment provides network infrastructure and digitization solutions to enable customers to make data-based business decisions. It operates in Americas, EMEA and APAC, out of which maximum revenue from Americas.

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