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Autodesk (HAM:AUD) Cyclically Adjusted Book per Share : €4.42 (As of Apr. 2024)


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What is Autodesk 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.

Autodesk's adjusted book value per share for the three months ended in Apr. 2024 was €9.347. 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 €4.42 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Autodesk's average Cyclically Adjusted Book Growth Rate was -6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.30% 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 Autodesk was 13.10% per year. The lowest was -9.30% per year. And the median was 7.00% per year.

As of today (2024-06-24), Autodesk's current stock price is €226.90. Autodesk's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €4.42. Autodesk's Cyclically Adjusted PB Ratio of today is 51.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Autodesk was 59.39. The lowest was 5.66. And the median was 20.87.


Autodesk Cyclically Adjusted Book per Share Historical Data

The historical data trend for Autodesk'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.

Autodesk Cyclically Adjusted Book per Share Chart

Autodesk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.68 4.67 4.76 4.58 4.32

Autodesk Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 4.42 4.37 4.48 4.32 4.42

Competitive Comparison of Autodesk's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Autodesk'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.


Autodesk's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Autodesk's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Autodesk 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, Autodesk's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=9.347/132.2892*132.2892
=9.347

Current CPI (Apr. 2024) = 132.2892.

Autodesk Quarterly Data

Book Value per Share CPI Adj_Book
201407 7.426 100.520 9.773
201410 7.867 100.176 10.389
201501 8.417 98.604 11.292
201504 9.030 99.824 11.967
201507 7.644 100.691 10.043
201510 6.853 100.346 9.034
201601 6.647 99.957 8.797
201604 5.633 100.947 7.382
201607 5.431 101.524 7.077
201610 4.327 101.988 5.613
201701 3.130 102.456 4.041
201704 2.152 103.167 2.759
201707 1.248 103.278 1.599
201710 0.415 104.070 0.528
201801 -0.962 104.578 -1.217
201804 -0.478 105.708 -0.598
201807 -0.942 106.324 -1.172
201810 -1.343 106.695 -1.665
201901 -0.842 106.200 -1.049
201904 -0.994 107.818 -1.220
201907 -0.790 108.250 -0.965
201910 -0.705 108.577 -0.859
202001 -0.571 108.841 -0.694
202004 -0.584 108.173 -0.714
202007 0.267 109.318 0.323
202010 0.268 109.861 0.323
202101 3.610 110.364 4.327
202104 4.288 112.673 5.035
202107 5.108 115.183 5.867
202110 5.010 116.696 5.679
202201 3.440 118.619 3.836
202204 2.906 121.978 3.152
202207 3.370 125.002 3.566
202210 4.257 125.734 4.479
202301 4.942 126.223 5.180
202304 3.823 127.992 3.951
202307 5.095 128.974 5.226
202310 6.558 129.810 6.683
202401 7.961 130.124 8.093
202404 9.347 132.289 9.347

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


Autodesk  (HAM:AUD) 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.

Autodesk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=226.90/4.42
=51.33

* 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 Autodesk was 59.39. The lowest was 5.66. And the median was 20.87.


Be Aware

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


Autodesk Cyclically Adjusted Book per Share Related Terms

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


Autodesk (HAM:AUD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Autodesk Inc (HAM:AUD) » Definitions » Cyclically Adjusted Book per Share
Address
One Market Street, Suite 400, San Francisco, CA, USA, 94105
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.

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