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Legrand (Legrand) Cyclically Adjusted Book per Share : $4.43 (As of Mar. 2024)


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What is Legrand 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.

Legrand's adjusted book value per share for the three months ended in Mar. 2024 was $5.840. 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 $4.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Legrand's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% 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 Legrand was 10.30% per year. The lowest was 6.30% per year. And the median was 7.80% per year.

As of today (2024-06-06), Legrand's current stock price is $21.48. Legrand's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.43. Legrand's Cyclically Adjusted PB Ratio of today is 4.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Legrand was 6.41. The lowest was 3.61. And the median was 4.82.


Legrand Cyclically Adjusted Book per Share Historical Data

The historical data trend for Legrand'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.

Legrand Cyclically Adjusted Book per Share Chart

Legrand 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 3.18 3.63 3.67 3.90 4.43

Legrand 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 4.10 4.22 4.15 4.43 4.43

Competitive Comparison of Legrand's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Legrand'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.


Legrand's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Legrand 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, Legrand'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)
=5.84/119.4700*119.4700
=5.840

Current CPI (Mar. 2024) = 119.4700.

Legrand Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.258 100.180 3.885
201409 3.314 99.920 3.962
201412 3.291 99.860 3.937
201503 3.133 100.170 3.737
201506 3.043 100.440 3.620
201509 3.030 99.950 3.622
201512 3.102 100.040 3.704
201603 3.208 100.020 3.832
201606 3.117 100.630 3.701
201609 3.219 100.340 3.833
201612 3.218 100.650 3.820
201703 3.396 101.170 4.010
201706 3.311 101.320 3.904
201709 3.541 101.330 4.175
201712 3.691 101.850 4.330
201803 3.897 102.750 4.531
201806 3.683 103.370 4.257
201809 3.812 103.560 4.398
201812 3.919 103.470 4.525
201903 4.141 103.890 4.762
201906 3.937 104.580 4.498
201909 4.146 104.500 4.740
201912 4.247 104.980 4.833
202003 4.310 104.590 4.923
202006 4.096 104.790 4.670
202009 4.290 104.550 4.902
202012 4.456 104.960 5.072
202103 4.734 105.750 5.348
202106 4.598 106.340 5.166
202109 4.773 106.810 5.339
202112 4.843 107.850 5.365
202203 5.053 110.490 5.464
202206 5.018 112.550 5.327
202209 5.138 112.740 5.445
202212 5.273 114.160 5.518
202303 5.417 116.790 5.541
202306 5.286 117.650 5.368
202309 5.489 118.260 5.545
202312 5.593 118.390 5.644
202403 5.840 119.470 5.840

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


Legrand  (OTCPK:LGRDY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.48/4.43
=4.85

* 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 Legrand was 6.41. The lowest was 3.61. And the median was 4.82.


Be Aware

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


Legrand Cyclically Adjusted Book per Share Related Terms

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


Legrand (Legrand) Business Description

Industry
Address
128, Avenue de Lattre de Tassigny, Cedex, Limoges, FRA, 87045
Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and nonresidential (40%) buildings. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors, including Rexel and Sonepar. North America and Europe each account for 40% of group sales.