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ScanSource (FRA:SC3) Cyclically Adjusted Book per Share : €36.87 (As of Dec. 2024)


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What is ScanSource 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.

ScanSource's adjusted book value per share for the three months ended in Dec. 2024 was €36.426. 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 €36.87 for the trailing ten years ended in Dec. 2024.

During the past 12 months, ScanSource's average Cyclically Adjusted Book Growth Rate was 3.10% 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 6.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 ScanSource was 21.70% per year. The lowest was 5.60% per year. And the median was 13.20% per year.

As of today (2025-04-25), ScanSource's current stock price is €27.80. ScanSource's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €36.87. ScanSource's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ScanSource was 1.98. The lowest was 0.55. And the median was 1.16.


ScanSource Cyclically Adjusted Book per Share Historical Data

The historical data trend for ScanSource'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.

ScanSource Cyclically Adjusted Book per Share Chart

ScanSource Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.04 26.73 33.88 34.21 35.29

ScanSource Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 33.92 34.93 35.29 33.98 36.87

Competitive Comparison of ScanSource's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, ScanSource'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.


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

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

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


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ScanSource 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, ScanSource's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=36.426/133.1571*133.1571
=36.426

Current CPI (Dec. 2024) = 133.1571.

ScanSource Quarterly Data

Book Value per Share CPI Adj_Book
201503 25.820 99.621 34.512
201506 25.548 100.684 33.788
201509 25.162 100.392 33.374
201512 26.225 99.792 34.993
201603 26.505 100.470 35.128
201606 26.910 101.688 35.238
201609 27.391 101.861 35.807
201612 29.569 101.863 38.653
201703 29.871 102.862 38.669
201706 29.296 103.349 37.746
201709 28.131 104.136 35.971
201712 28.445 104.011 36.416
201803 27.839 105.290 35.207
201806 28.977 106.317 36.292
201809 29.380 106.507 36.732
201812 30.763 105.998 38.645
201903 31.366 107.251 38.943
201906 31.841 108.070 39.233
201909 32.583 108.329 40.051
201912 32.937 108.420 40.452
202003 32.052 108.902 39.191
202006 23.748 108.767 29.073
202009 22.470 109.815 27.246
202012 22.030 109.897 26.693
202103 22.779 111.754 27.142
202106 23.801 114.631 27.648
202109 24.842 115.734 28.582
202112 26.508 117.630 30.007
202203 28.803 121.301 31.618
202206 30.292 125.017 32.264
202209 33.112 125.227 35.209
202212 32.123 125.222 34.159
202303 32.826 127.348 34.323
202306 33.633 128.729 34.790
202309 34.359 129.860 35.231
202312 34.764 129.419 35.768
202403 35.150 131.776 35.518
202406 35.416 132.554 35.577
202409 34.565 133.029 34.598
202412 36.426 133.157 36.426

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


ScanSource  (FRA:SC3) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.80/36.87
=0.75

* 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 ScanSource was 1.98. The lowest was 0.55. And the median was 1.16.


Be Aware

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


ScanSource Cyclically Adjusted Book per Share Related Terms

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


ScanSource Business Description

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Address
6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.

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