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Gorman-Rupp Co (Gorman-Rupp Co) Cyclically Adjusted Book per Share : $14.16 (As of Mar. 2024)


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What is Gorman-Rupp Co 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.

Gorman-Rupp Co's adjusted book value per share for the three months ended in Mar. 2024 was $13.494. 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 $14.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gorman-Rupp Co's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Gorman-Rupp Co was 8.30% per year. The lowest was 3.40% per year. And the median was 7.00% per year.

As of today (2024-05-14), Gorman-Rupp Co's current stock price is $32.77. Gorman-Rupp Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.16. Gorman-Rupp Co's Cyclically Adjusted PB Ratio of today is 2.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gorman-Rupp Co was 5.33. The lowest was 1.71. And the median was 3.10.


Gorman-Rupp Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gorman-Rupp Co'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.

Gorman-Rupp Co Cyclically Adjusted Book per Share Chart

Gorman-Rupp Co 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 11.09 11.60 12.69 13.65 14.16

Gorman-Rupp Co 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 13.90 14.07 14.21 14.16 14.16

Competitive Comparison of Gorman-Rupp Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co'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.


Gorman-Rupp Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's Cyclically Adjusted PB Ratio falls into.



Gorman-Rupp Co 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, Gorman-Rupp Co'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)
=13.494/129.4194*129.4194
=13.494

Current CPI (Mar. 2024) = 129.4194.

Gorman-Rupp Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.600 100.560 13.642
201409 10.804 100.428 13.923
201412 10.737 99.070 14.026
201503 10.815 99.621 14.050
201506 11.035 100.684 14.184
201509 11.073 100.392 14.275
201512 11.004 99.792 14.271
201603 11.207 100.470 14.436
201606 11.355 101.688 14.452
201609 11.538 101.861 14.660
201612 11.608 101.863 14.748
201703 11.757 102.862 14.792
201706 12.046 103.349 15.085
201709 12.219 104.136 15.186
201712 12.468 104.011 15.514
201803 12.738 105.290 15.657
201806 13.006 106.317 15.832
201809 13.315 106.507 16.179
201812 11.224 105.998 13.704
201903 11.367 107.251 13.717
201906 11.688 108.070 13.997
201909 11.874 108.329 14.186
201912 11.811 108.420 14.099
202003 11.818 108.902 14.045
202006 12.020 108.767 14.302
202009 12.245 109.815 14.431
202012 12.088 109.897 14.235
202103 12.201 111.754 14.130
202106 12.443 114.631 14.048
202109 12.611 115.734 14.102
202112 12.641 117.630 13.908
202203 12.778 121.301 13.633
202206 12.553 125.017 12.995
202209 12.530 125.227 12.950
202212 12.692 125.222 13.117
202303 12.661 127.348 12.867
202306 13.040 128.729 13.110
202309 13.239 129.860 13.194
202312 13.341 129.419 13.341
202403 13.494 129.419 13.494

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


Gorman-Rupp Co  (NYSE:GRC) 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.

Gorman-Rupp Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.77/14.16
=2.31

* 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 Gorman-Rupp Co was 5.33. The lowest was 1.71. And the median was 3.10.


Be Aware

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


Gorman-Rupp Co Cyclically Adjusted Book per Share Related Terms

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


Gorman-Rupp Co (Gorman-Rupp Co) Business Description

Industry
Traded in Other Exchanges
Address
600 South Airport Road, Mansfield, OH, USA, 44903
Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.
Executives
Charmaine R Riggins director 6524 RESERVE PINE DRIVE, CARY NC 27519
Kenneth R Reynolds director 1424 GREENBRIER DRIVE, MT VERNON OH 43050
Scott A King officer: Vice President 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
M Ann Harlan director
Jeffrey S Gorman director, officer: President & CEO C/O GORMAN RUPP CO, POST OFFICE BOX 1218, MANSFIELD OH 44901
Christopher H Lake director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901
D Patrick Wischmeier officer: VP, Information Technology 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Angela M Morehead officer: Treasurer and Asst. Secretary 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Vincent K Petrella director
Donald H Bullock director
Sonja K Mcclelland director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald D Pittenger officer: Assistant Treasurer THE GORMAN-RUPP COMPANY, 305 BOWMAN STREET, MANSFIELD OH 44903
Barbara A Woodman officer: VP, Human Resources 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
James Kerr officer: Chief Financial Officer 5555 DARROW ROAD, HUDSON OH 44236
W Wayne Walston director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901

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