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Schindler Holding AG (FRA:SHR) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is Schindler Holding AG Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Schindler Holding AG's adjusted book value per share for the three months ended in Mar. 2024 was €42.353. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Schindler Holding AG's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Schindler Holding AG was 7.30% per year. The lowest was 5.70% per year. And the median was 6.80% per year.

As of today (2024-05-17), Schindler Holding AG's current stock price is €189.20. Schindler Holding AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. Schindler Holding AG's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Schindler Holding AG was 10.88. The lowest was 4.95. And the median was 8.69.


Schindler Holding AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Schindler Holding AG'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.

Schindler Holding AG Cyclically Adjusted Book per Share Chart

Schindler Holding AG 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 19.87 20.56 21.65 34.44 30.40

Schindler Holding AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 34.44 30.58 29.81 30.40 -

Competitive Comparison of Schindler Holding AG's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Schindler Holding AG'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.


Schindler Holding AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Schindler Holding AG 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, Schindler Holding AG'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)
=42.353/107.3549*107.3549
=42.353

Current CPI (Mar. 2024) = 107.3549.

Schindler Holding AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.978 101.224 18.006
201406 18.305 101.517 19.358
201409 20.876 101.247 22.135
201412 21.373 100.704 22.785
201503 21.929 100.339 23.462
201506 21.719 100.464 23.209
201509 20.385 99.785 21.931
201512 19.646 99.386 21.221
201603 18.139 99.475 19.576
201606 19.438 100.088 20.849
201609 21.506 99.604 23.180
201612 23.958 99.380 25.881
201703 21.389 100.040 22.953
201706 22.687 100.285 24.286
201709 23.238 100.254 24.884
201712 25.270 100.213 27.071
201803 22.942 100.836 24.425
201806 25.755 101.435 27.258
201809 28.314 101.246 30.023
201812 30.068 100.906 31.990
201903 31.233 101.571 33.012
201906 29.733 102.044 31.280
201909 32.931 101.396 34.866
201912 32.199 101.063 34.204
202003 28.922 101.048 30.727
202006 30.251 100.743 32.236
202009 31.661 100.585 33.792
202012 33.479 100.241 35.855
202103 31.966 100.800 34.045
202106 35.506 101.352 37.609
202109 37.471 101.533 39.620
202112 38.412 101.776 40.518
202203 36.658 103.205 38.132
202206 36.885 104.783 37.790
202209 40.101 104.835 41.065
202212 40.837 104.666 41.886
202303 38.652 106.245 39.056
202306 41.093 106.576 41.394
202312 45.388 106.461 45.769
202403 42.353 107.355 42.353

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


Schindler Holding AG  (FRA:SHR) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Schindler Holding AG was 10.88. The lowest was 4.95. And the median was 8.69.


Be Aware

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


Schindler Holding AG Cyclically Adjusted Book per Share Related Terms

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


Schindler Holding AG (FRA:SHR) Business Description

Address
Seestrasse 55, Hergiswil, CHE, 6052
Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.

Schindler Holding AG (FRA:SHR) Headlines

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