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LPX (Louisiana-Pacific) Cyclically Adjusted Book per Share : $15.05 (As of Sep. 2024)


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What is Louisiana-Pacific 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.

Louisiana-Pacific's adjusted book value per share for the three months ended in Sep. 2024 was $23.707. 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 $15.05 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Louisiana-Pacific's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.30% 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 Louisiana-Pacific was 12.90% per year. The lowest was -9.90% per year. And the median was -0.50% per year.

As of today (2024-12-13), Louisiana-Pacific's current stock price is $115.43. Louisiana-Pacific's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $15.05. Louisiana-Pacific's Cyclically Adjusted PB Ratio of today is 7.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Louisiana-Pacific was 7.99. The lowest was 1.10. And the median was 2.97.


Louisiana-Pacific Cyclically Adjusted Book per Share Historical Data

The historical data trend for Louisiana-Pacific'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.

Louisiana-Pacific Cyclically Adjusted Book per Share Chart

Louisiana-Pacific 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 9.57 9.56 10.69 12.40 13.77

Louisiana-Pacific 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 13.57 13.77 14.30 14.69 15.05

Competitive Comparison of Louisiana-Pacific's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Louisiana-Pacific'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.


Louisiana-Pacific's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Louisiana-Pacific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Louisiana-Pacific 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, Louisiana-Pacific'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)
=23.707/133.0289*133.0289
=23.707

Current CPI (Sep. 2024) = 133.0289.

Louisiana-Pacific Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.845 99.070 10.534
201503 7.550 99.621 10.082
201506 7.406 100.684 9.785
201509 7.160 100.392 9.488
201512 7.113 99.792 9.482
201603 7.334 100.470 9.711
201606 7.530 101.688 9.851
201609 8.001 101.861 10.449
201612 8.285 101.863 10.820
201703 8.669 102.862 11.211
201706 9.312 103.349 11.986
201709 9.057 104.136 11.570
201712 11.073 104.011 14.162
201803 11.520 105.290 14.555
201806 12.268 106.317 15.350
201809 12.765 106.507 15.944
201812 12.424 105.998 15.592
201903 10.304 107.251 12.781
201906 10.337 108.070 12.724
201909 10.328 108.329 12.683
201912 8.853 108.420 10.862
202003 8.772 108.902 10.715
202006 8.908 108.767 10.895
202009 10.251 109.815 12.418
202012 11.615 109.897 14.060
202103 13.470 111.754 16.034
202106 14.788 114.631 17.161
202109 15.174 115.734 17.442
202112 14.421 117.630 16.309
202203 19.090 121.301 20.936
202206 19.236 125.017 20.469
202209 18.998 125.227 20.182
202212 19.987 125.222 21.233
202303 20.130 127.348 21.028
202306 19.666 128.729 20.323
202309 20.814 129.860 21.322
202312 21.578 129.419 22.180
202403 22.472 131.776 22.686
202406 23.366 132.554 23.450
202409 23.707 133.029 23.707

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


Louisiana-Pacific  (NYSE:LPX) 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.

Louisiana-Pacific's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=115.43/15.05
=7.67

* 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 Louisiana-Pacific was 7.99. The lowest was 1.10. And the median was 2.97.


Be Aware

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


Louisiana-Pacific Cyclically Adjusted Book per Share Related Terms

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


Louisiana-Pacific Business Description

Industry
Traded in Other Exchanges
Address
1610 West End Avenue, Suite 200, Nashville, TN, USA, 37203
Louisiana-Pacific is primarily an oriented strand board producer and also offers engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.
Executives
Horton Ozey K Jr director 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Lizanne C Gottung director 1610 WEST END AVENUE, SUITE 200, NASHVILLE TN 37203
William Bradley Southern officer: Senior Vice President 1610 WEST END AVENUE, NASHVILLE TN 37203
Michael W Blosser officer: SVP, Manufacturing Services 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Derek Nelson Doyle officer: Principal Accounting Officer 1610 WEST END AVENUE, NASHVILLE TN 37203
Alan Haughie officer: EVP, CFO 860 RIDGE LAKE BLVD., MEMPHIS TN 38120
Jimmy Earl Mason officer: EVP & General Manager of OSB 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219-1711
Jose A Bayardo director 11700 OLD KATY ROAD SUITE 300, HOUSTON TX 77079
Robin H Everhart officer: SVP, CHRO 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Nicole C Daniel officer: SVP, General Counsel 414 UNION STREET, NASHVILLE TN 37219
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Michael Sims officer: SVP Sales and Marketing 414 UNION STREET, NASHVILLE TN 37219
Neil Sherman officer: SVP EWP 414 UNION STREET, NASHVILLE TN 37129
Jason Paul Ringbloom officer: EVP OSB 414 UNION STREET, NASHVILLE TN 37219
Kurt M Landgraf director ONE RIVERFRONT PLAZA, CORNING NY 14831