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Silgan Holdings (FRA:SL3) Cyclically Adjusted Book per Share : €9.85 (As of Mar. 2024)


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What is Silgan Holdings 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.

Silgan Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €16.370. 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 €9.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Silgan Holdings's average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Silgan Holdings was 83.20% per year. The lowest was 7.40% per year. And the median was 14.90% per year.

As of today (2024-05-16), Silgan Holdings's current stock price is €43.80. Silgan Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.85. Silgan Holdings's Cyclically Adjusted PB Ratio of today is 4.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silgan Holdings was 7.19. The lowest was 3.76. And the median was 5.53.


Silgan Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Silgan Holdings'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.

Silgan Holdings Cyclically Adjusted Book per Share Chart

Silgan Holdings 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 5.45 5.40 7.01 8.81 9.75

Silgan Holdings 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 8.75 9.39 9.93 9.75 9.85

Competitive Comparison of Silgan Holdings's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Silgan Holdings'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.


Silgan Holdings's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Silgan Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Silgan Holdings 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, Silgan Holdings'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)
=16.37/129.4194*129.4194
=16.370

Current CPI (Mar. 2024) = 129.4194.

Silgan Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.397 100.560 5.659
201409 4.796 100.428 6.181
201412 4.555 99.070 5.950
201503 4.145 99.621 5.385
201506 4.302 100.684 5.530
201509 4.661 100.392 6.009
201512 4.858 99.792 6.300
201603 4.960 100.470 6.389
201606 5.073 101.688 6.456
201609 5.550 101.861 7.052
201612 4.042 101.863 5.135
201703 4.157 102.862 5.230
201706 4.381 103.349 5.486
201709 4.737 104.136 5.887
201712 5.864 104.011 7.296
201803 6.050 105.290 7.437
201806 6.485 106.317 7.894
201809 7.065 106.507 8.585
201812 7.015 105.998 8.565
201903 7.169 107.251 8.651
201906 7.402 108.070 8.864
201909 7.939 108.329 9.485
201912 8.314 108.420 9.924
202003 8.333 108.902 9.903
202006 8.727 108.767 10.384
202009 9.332 109.815 10.998
202012 9.358 109.897 11.020
202103 9.713 111.754 11.248
202106 10.439 114.631 11.786
202109 11.215 115.734 12.541
202112 12.526 117.630 13.781
202203 13.425 121.301 14.324
202206 13.952 125.017 14.443
202209 15.517 125.227 16.037
202212 14.735 125.222 15.229
202303 15.090 127.348 15.335
202306 15.708 128.729 15.792
202309 15.678 129.860 15.625
202312 16.268 129.419 16.268
202403 16.370 129.419 16.370

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


Silgan Holdings  (FRA:SL3) 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.

Silgan Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.80/9.85
=4.45

* 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 Silgan Holdings was 7.19. The lowest was 3.76. And the median was 5.53.


Be Aware

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


Silgan Holdings Cyclically Adjusted Book per Share Related Terms

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


Silgan Holdings (FRA:SL3) Business Description

Traded in Other Exchanges
Address
4 Landmark Square, Suite 400, Stamford, CT, USA, 06901
Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.

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