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Acme United (FRA:UT1) Cyclically Adjusted Book per Share : €18.18 (As of Mar. 2024)


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What is Acme United 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.

Acme United's adjusted book value per share for the three months ended in Mar. 2024 was €24.896. 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 €18.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Acme United's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Acme United was 14.20% per year. The lowest was -10.40% per year. And the median was 9.60% per year.

As of today (2024-05-19), Acme United's current stock price is €36.00. Acme United's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.18. Acme United's Cyclically Adjusted PB Ratio of today is 1.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acme United was 3.13. The lowest was 1.19. And the median was 1.98.


Acme United Cyclically Adjusted Book per Share Historical Data

The historical data trend for Acme United'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.

Acme United Cyclically Adjusted Book per Share Chart

Acme United 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 - 12.44 13.99 16.53 17.98

Acme United 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 16.71 17.31 18.16 17.98 18.18

Competitive Comparison of Acme United's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Acme United'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.


Acme United's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Acme United's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Acme United 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, Acme United'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)
=24.896/131.7762*131.7762
=24.896

Current CPI (Mar. 2024) = 131.7762.

Acme United Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.665 100.560 11.355
201409 9.276 100.428 12.171
201412 9.715 99.070 12.922
201503 11.006 99.621 14.558
201506 11.352 100.684 14.858
201509 11.560 100.392 15.174
201512 11.839 99.792 15.633
201603 11.656 100.470 15.288
201606 12.193 101.688 15.801
201609 12.259 101.861 15.859
201612 13.150 101.863 17.012
201703 13.056 102.862 16.726
201706 13.025 103.349 16.608
201709 12.612 104.136 15.960
201712 12.507 104.011 15.846
201803 12.136 105.290 15.189
201806 13.249 106.317 16.422
201809 13.333 106.507 16.496
201812 13.728 105.998 17.067
201903 13.963 107.251 17.156
201906 14.474 108.070 17.649
201909 14.910 108.329 18.137
201912 14.962 108.420 18.185
202003 15.126 108.902 18.303
202006 15.705 108.767 19.027
202009 15.408 109.815 18.489
202012 15.440 109.897 18.514
202103 16.173 111.754 19.071
202106 17.510 114.631 20.129
202109 18.279 115.734 20.813
202112 19.377 117.630 21.707
202203 20.058 121.301 21.790
202206 21.449 125.017 22.609
202209 22.568 125.227 23.748
202212 21.085 125.222 22.189
202303 21.104 127.348 21.838
202306 21.640 128.729 22.152
202309 22.453 129.860 22.784
202312 24.628 129.419 25.076
202403 24.896 131.776 24.896

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


Acme United  (FRA:UT1) 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.

Acme United's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.00/18.18
=1.98

* 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 Acme United was 3.13. The lowest was 1.19. And the median was 1.98.


Be Aware

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


Acme United Cyclically Adjusted Book per Share Related Terms

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


Acme United (FRA:UT1) Business Description

Traded in Other Exchanges
Address
1 Waterview Drive, Shelton, CT, USA, 06484
Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.

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