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KALU (Kaiser Aluminum) Cyclically Adjusted Book per Share : $53.43 (As of Sep. 2024)


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What is Kaiser Aluminum 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.

Kaiser Aluminum's adjusted book value per share for the three months ended in Sep. 2024 was $41.460. 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 $53.43 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kaiser Aluminum's average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 Kaiser Aluminum was 91.80% per year. The lowest was -89.10% per year. And the median was 9.40% per year.

As of today (2025-01-19), Kaiser Aluminum's current stock price is $73.68. Kaiser Aluminum's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $53.43. Kaiser Aluminum's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kaiser Aluminum was 2.53. The lowest was 0.95. And the median was 1.76.


Kaiser Aluminum Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kaiser Aluminum'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.

Kaiser Aluminum Cyclically Adjusted Book per Share Chart

Kaiser Aluminum 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 53.39 53.11 55.51 56.57 54.85

Kaiser Aluminum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 55.99 54.85 54.90 54.24 53.43

Competitive Comparison of Kaiser Aluminum's Cyclically Adjusted Book per Share

For the Aluminum subindustry, Kaiser Aluminum'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.


Kaiser Aluminum's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kaiser Aluminum 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, Kaiser Aluminum's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=41.46/133.0289*133.0289
=41.460

Current CPI (Sep. 2024) = 133.0289.

Kaiser Aluminum Quarterly Data

Book Value per Share CPI Adj_Book
201412 57.698 99.070 77.476
201503 43.677 99.621 58.324
201506 44.284 100.684 58.510
201509 43.871 100.392 58.134
201512 42.894 99.792 57.180
201603 43.800 100.470 57.994
201606 44.944 101.688 58.796
201609 45.422 101.861 59.320
201612 45.588 101.863 59.536
201703 46.208 102.862 59.760
201706 45.427 103.349 58.473
201709 46.352 104.136 59.213
201712 44.493 104.011 56.906
201803 44.904 105.290 56.734
201806 45.662 106.317 57.135
201809 46.080 106.507 57.555
201812 45.606 105.998 57.236
201903 46.354 107.251 57.496
201906 46.560 108.070 57.313
201909 47.255 108.329 58.029
201912 46.249 108.420 56.746
202003 45.669 108.902 55.787
202006 45.459 108.767 55.599
202009 45.490 109.815 55.106
202012 46.319 109.897 56.069
202103 46.378 111.754 55.207
202106 45.442 114.631 52.735
202109 45.453 115.734 52.245
202112 43.649 117.630 49.363
202203 44.529 121.301 48.834
202206 40.824 125.017 43.440
202209 40.275 125.227 42.784
202212 39.597 125.222 42.066
202303 39.790 127.348 41.565
202306 39.848 128.729 41.179
202309 40.009 129.860 40.985
202312 40.722 129.419 41.858
202403 41.411 131.776 41.805
202406 41.151 132.554 41.298
202409 41.460 133.029 41.460

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


Kaiser Aluminum  (NAS:KALU) 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.

Kaiser Aluminum's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=73.68/53.43
=1.38

* 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 Kaiser Aluminum was 2.53. The lowest was 0.95. And the median was 1.76.


Be Aware

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


Kaiser Aluminum Cyclically Adjusted Book per Share Related Terms

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


Kaiser Aluminum Business Description

Traded in Other Exchanges
Address
1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products predominantly to industrial customers. Its products include fabricated aluminum mill products such as flat-rolled (plate, sheet, and coil), extruded (rod, bar, hollows, and shapes), drawn (rod, bar, pipe, tube and wire) and certain cast aluminum products. Geographically, the company generates majority of its revenue from United States.
Executives
Keith Harvey officer: SVP - Sales & Marketing 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Ray Parkinson officer: VP - Advanced Engineering 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Vijai Narayan officer: VP and CAO 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Kevin W Williams director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Michael C Arnold director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Donald J Stebbins director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Richard P. Grimley director 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Brant Weaver officer: VP - Strategic Development 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Blain Tiffany officer: EVP - Sales & Marketing 3400 N. WOLF ROAD, FRANKLIN PARK IL 60131
Jennifer Huey officer: VP & Chief Accounting Officer 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Del L Miller officer: VP - Metal Strategy 27422 PORTOLA PARKWAY, STE. 200, FOOTHILL RANCH CA 92610-2831
Neal E West officer: VP & Chief Accounting Officer 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Jack A Hockema director, officer: President and CEO C/O KAISER ALUMINUM CORP, 27422 PORTOLA PARKWAY, SUITE 350, FOOTHILL RANCH CA 92610-2831
Leo Wilfred Gerard director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610