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BayWa AG (LTS:0AH6) Cyclically Adjusted Book per Share : €29.57 (As of Sep. 2024)


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What is BayWa AG 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.

BayWa AG's adjusted book value per share for the three months ended in Sep. 2024 was €10.664. 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 €29.57 for the trailing ten years ended in Sep. 2024.

During the past 12 months, BayWa AG's average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 BayWa AG was 5.10% per year. The lowest was 2.20% per year. And the median was 3.40% per year.

As of today (2024-12-15), BayWa AG's current stock price is €24.40. BayWa AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €29.57. BayWa AG's Cyclically Adjusted PB Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BayWa AG was 2.39. The lowest was 0.50. And the median was 1.25.


BayWa AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for BayWa AG'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.

BayWa AG Cyclically Adjusted Book per Share Chart

BayWa AG 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 27.88 22.69 27.42 24.00 37.82

BayWa AG 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 30.88 37.82 43.93 47.73 29.57

Competitive Comparison of BayWa AG's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, BayWa AG'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.


BayWa AG's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BayWa AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BayWa AG 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, BayWa AG'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)
=10.664/126.1978*126.1978
=10.664

Current CPI (Sep. 2024) = 126.1978.

BayWa AG Quarterly Data

Book Value per Share CPI Adj_Book
201412 22.689 99.543 28.765
201503 24.646 99.717 31.191
201506 23.649 100.417 29.721
201509 23.821 100.417 29.937
201512 23.290 99.717 29.475
201603 22.592 100.017 28.506
201606 22.663 100.717 28.397
201609 22.688 101.017 28.344
201612 23.059 101.217 28.750
201703 22.979 101.417 28.594
201706 22.893 102.117 28.292
201709 22.617 102.717 27.787
201712 31.652 102.617 38.925
201803 30.275 102.917 37.123
201806 29.703 104.017 36.037
201809 28.791 104.718 34.697
201812 30.275 104.217 36.660
201903 30.215 104.217 36.588
201906 29.998 105.718 35.809
201909 29.235 106.018 34.800
201912 28.480 105.818 33.965
202003 26.807 105.718 32.000
202006 28.083 106.618 33.240
202009 27.093 105.818 32.311
202012 23.413 105.518 28.002
202103 30.560 107.518 35.869
202106 31.520 108.486 36.666
202109 31.082 109.435 35.843
202112 28.474 110.384 32.553
202203 29.928 113.968 33.140
202206 33.836 115.760 36.887
202209 31.571 118.818 33.532
202212 27.891 119.345 29.493
202303 28.329 122.402 29.207
202306 27.936 123.140 28.630
202309 27.157 124.195 27.595
202312 24.277 123.773 24.753
202403 22.073 125.038 22.278
202406 20.528 125.882 20.580
202409 10.664 126.198 10.664

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


BayWa AG  (LTS:0AH6) 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.

BayWa AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.40/29.57
=0.83

* 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 BayWa AG was 2.39. The lowest was 0.50. And the median was 1.25.


Be Aware

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


BayWa AG Cyclically Adjusted Book per Share Related Terms

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


BayWa AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BayWa AG (LTS:0AH6) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Arabellastrasse 4, Munich, BY, DEU, 81925
BayWa AG is a trading and logistics services company that operates through segments: Renewable energies, Energy, Cefetra group, Agri trade and services, Agricultural equipment, Global produce and building material and Innovation and digitalization. The Renewable energies segment, which is majority revenue generator, is engaged in three business area- project, operations and solutions. The groups core market is in Germany, Austria and the Netherlands.

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