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Key Tronic (Key Tronic) Cyclically Adjusted Book per Share : $12.75 (As of Dec. 2023)


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What is Key Tronic 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.

Key Tronic's adjusted book value per share for the three months ended in Dec. 2023 was $12.306. 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 $12.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Key Tronic's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Key Tronic was 13.70% per year. The lowest was -6.40% per year. And the median was -0.80% per year.

As of today (2024-04-30), Key Tronic's current stock price is $4.30. Key Tronic's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.75. Key Tronic's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Key Tronic was 2.21. The lowest was 0.28. And the median was 0.83.


Key Tronic Cyclically Adjusted Book per Share Historical Data

The historical data trend for Key Tronic'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.

Key Tronic Cyclically Adjusted Book per Share Chart

Key Tronic Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.51 10.00 10.93 12.23 12.68

Key Tronic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.31 12.53 12.68 12.79 12.75

Competitive Comparison of Key Tronic's Cyclically Adjusted Book per Share

For the Computer Hardware subindustry, Key Tronic'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.


Key Tronic's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Key Tronic 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, Key Tronic's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.306/129.4194*129.4194
=12.306

Current CPI (Dec. 2023) = 129.4194.

Key Tronic Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.642 99.695 12.517
201406 9.827 100.560 12.647
201409 9.531 100.428 12.282
201412 9.364 99.070 12.233
201503 9.423 99.621 12.242
201506 9.412 100.684 12.098
201509 9.257 100.392 11.934
201512 9.512 99.792 12.336
201603 9.761 100.470 12.573
201606 9.844 101.688 12.529
201609 9.898 101.861 12.576
201612 9.934 101.863 12.621
201703 10.480 102.862 13.186
201706 10.833 103.349 13.566
201709 10.977 104.136 13.642
201712 10.856 104.011 13.508
201803 11.325 105.290 13.920
201806 10.974 106.317 13.359
201809 11.470 106.507 13.938
201812 11.545 105.998 14.096
201903 10.519 107.251 12.693
201906 10.637 108.070 12.738
201909 10.701 108.329 12.784
201912 10.856 108.420 12.959
202003 10.496 108.902 12.474
202006 10.739 108.767 12.778
202009 11.023 109.815 12.991
202012 11.446 109.897 13.479
202103 11.473 111.754 13.287
202106 11.495 114.631 12.978
202109 11.434 115.734 12.786
202112 11.395 117.630 12.537
202203 11.524 121.301 12.295
202206 11.604 125.017 12.013
202209 11.729 125.227 12.122
202212 11.830 125.222 12.227
202303 12.026 127.348 12.222
202306 12.137 128.729 12.202
202309 12.179 129.860 12.138
202312 12.306 129.419 12.306

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


Key Tronic  (NAS:KTCC) 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.

Key Tronic's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.30/12.75
=0.34

* 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 Key Tronic was 2.21. The lowest was 0.28. And the median was 0.83.


Be Aware

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


Key Tronic Cyclically Adjusted Book per Share Related Terms

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


Key Tronic (Key Tronic) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Key Tronic Corp (NAS:KTCC) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
4424 North Sullivan Road, Spokane Valley, WA, USA, 99216
Key Tronic Corp is an electronic manufacturing service provider. The company provides electronic manufacturing services to original equipment manufacturers in the United States and globally. Its primary services include integrated electronic and mechanical engineering, precision plastic molding, sheet metal fabrication, printed circuit board (PCB) and complete product assembly, component selection, sourcing and procurement, logistics, and new product testing and production. The firm derives a majority of its revenue from the United States.
Executives
Mark R Courtney officer: Vice President of Supply Chain 4424 N. SULLIVAN ROAD, SPOKANE VALLEY WA 99216
Subodh K Kulkarni director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Thomas E. Despres officer: VP of Southwest Operations 4424 N. SULLIVAN ROAD, SPOKANE VALLEY WA 99216
Chad Thomas Orebaugh officer: Vice President of Engineering 4424 N. SULLIVAN ROAD, SPOKANE VALLEY WA 99216
David H. Knaggs officer: Vice President of Quality 4424 N. SULLIVAN ROAD, SPOKANE VALLEY WA 99216
Frank Iii Crispigna officer: VP of Supply Chain P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687
Duane D Mackleit officer: VP of Program Management P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687
James R Bean director 2227 E. SKIPPERLING LN, BOISE ID 83706
Craig D Gates director, officer: President & CEO
Douglas G Burkhardt officer: EVP of Worldwide Operations P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687
Ronald F Klawitter director, officer: See Remarks
Kathleen L Nemeth officer: Secretary and General Counsel KEY TRONIC CORP, PO BOX 14687, SPOKANE WA 99214-0687
Lawrence J Bostwick officer: VP of Quality & Reg Affairs P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687
Brett R. Larsen officer: VP of Finance & Controller P.O. BOX 14687, SPOKANE VALLEY WA 99216
Philip Scott Hochberg officer: EVP of Business Development P.O. BOX 14687, SPOKANE VALLEY WA 99214-0687