GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Babcock & Wilcox Enterprises Inc (FRA:UBW1) » Definitions » Cyclically Adjusted Book per Share

Babcock & Wilcox Enterprises (FRA:UBW1) Cyclically Adjusted Book per Share : €23.33 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Babcock & Wilcox Enterprises 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.

Babcock & Wilcox Enterprises's adjusted book value per share for the three months ended in Mar. 2024 was €-2.294. 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 €23.33 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-21), Babcock & Wilcox Enterprises's current stock price is €1.07. Babcock & Wilcox Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.33. Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Babcock & Wilcox Enterprises was 0.23. The lowest was 0.04. And the median was 0.06.


Babcock & Wilcox Enterprises Cyclically Adjusted Book per Share Historical Data

The historical data trend for Babcock & Wilcox Enterprises'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.

Babcock & Wilcox Enterprises Cyclically Adjusted Book per Share Chart

Babcock & Wilcox Enterprises 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 - - - - 23.08

Babcock & Wilcox Enterprises 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 - 24.43 24.85 23.08 23.33

Competitive Comparison of Babcock & Wilcox Enterprises's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Babcock & Wilcox Enterprises'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.


Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio falls into.



Babcock & Wilcox Enterprises 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, Babcock & Wilcox Enterprises'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)
=-2.294/131.7762*131.7762
=-2.294

Current CPI (Mar. 2024) = 131.7762.

Babcock & Wilcox Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 51.877 99.070 69.003
201503 57.807 99.621 76.466
201506 63.907 100.684 83.642
201509 64.325 100.392 84.434
201512 66.964 99.792 88.426
201603 68.490 100.470 89.831
201606 61.623 101.688 79.856
201609 65.336 101.861 84.524
201612 60.556 101.863 78.339
201703 59.957 102.862 76.811
201706 42.049 103.349 53.615
201709 27.204 104.136 34.425
201712 17.410 104.011 22.057
201803 5.587 105.290 6.992
201806 2.373 106.317 2.941
201809 -2.821 106.507 -3.490
201812 -14.900 105.998 -18.524
201903 -17.115 107.251 -21.029
201906 -18.417 108.070 -22.457
201909 -5.845 108.329 -7.110
201912 -5.829 108.420 -7.085
202003 -6.336 108.902 -7.667
202006 -6.197 108.767 -7.508
202009 -5.251 109.815 -6.301
202012 -5.013 109.897 -6.011
202103 -1.927 111.754 -2.272
202106 -0.163 114.631 -0.187
202109 -0.028 115.734 -0.032
202112 0.339 117.630 0.380
202203 0.198 121.301 0.215
202206 0.078 125.017 0.082
202209 -0.206 125.227 -0.217
202212 -0.028 125.222 -0.029
202303 -0.113 127.348 -0.117
202306 -0.142 128.729 -0.145
202309 -1.493 129.860 -1.515
202312 -2.061 129.419 -2.099
202403 -2.294 131.776 -2.294

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


Babcock & Wilcox Enterprises  (FRA:UBW1) 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.

Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.07/23.33
=0.05

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Babcock & Wilcox Enterprises was 0.23. The lowest was 0.04. And the median was 0.06.


Be Aware

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


Babcock & Wilcox Enterprises Cyclically Adjusted Book per Share Related Terms

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


Babcock & Wilcox Enterprises (FRA:UBW1) Business Description

Traded in Other Exchanges
Address
1200 East Market Street, Suite 650, Akron, OH, USA, 44305
Babcock & Wilcox Enterprises is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, which focuses on steam generation products and solutions for plants in the power generation, oil and gas, and industrial sectors, generates the majority of the company's revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company's customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, and the United Kingdom. Business in the U.S. contributes the vast majority of its revenue.

Babcock & Wilcox Enterprises (FRA:UBW1) Headlines

No Headlines