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Ecolab (MEX:ECL) Cyclically Adjusted Book per Share : MXN651.13 (As of Mar. 2025)


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What is Ecolab 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.

Ecolab's adjusted book value per share for the three months ended in Mar. 2025 was MXN640.475. 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 MXN651.13 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ecolab's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Ecolab was 19.20% per year. The lowest was 2.60% per year. And the median was 11.30% per year.

As of today (2025-05-27), Ecolab's current stock price is MXN4948.27. Ecolab's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN651.13. Ecolab's Cyclically Adjusted PB Ratio of today is 7.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ecolab was 9.56. The lowest was 4.63. And the median was 7.63.


Ecolab Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ecolab'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.

Ecolab Cyclically Adjusted Book per Share Chart

Ecolab Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 507.21 560.28 560.03 498.95 640.22

Ecolab Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 502.04 561.67 587.74 640.22 651.13

Competitive Comparison of Ecolab's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Ecolab'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.


Ecolab's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ecolab's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Ecolab 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, Ecolab's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=640.475/134.9266*134.9266
=640.475

Current CPI (Mar. 2025) = 134.9266.

Ecolab Quarterly Data

Book Value per Share CPI Adj_Book
201506 362.176 100.684 485.352
201509 388.151 100.392 521.677
201512 401.404 99.792 542.727
201603 386.261 100.470 518.729
201606 418.616 101.688 555.448
201609 455.586 101.861 603.476
201612 487.552 101.863 645.808
201703 442.049 102.862 579.845
201706 432.235 103.349 564.301
201709 453.665 104.136 587.805
201712 514.822 104.011 667.844
201803 478.622 105.290 613.345
201806 533.875 106.317 677.541
201809 513.442 106.507 650.447
201812 546.177 105.998 695.238
201903 553.234 107.251 695.997
201906 549.087 108.070 685.544
201909 586.807 108.329 730.881
201912 567.978 108.420 706.837
202003 715.281 108.902 886.218
202006 473.572 108.767 587.469
202009 465.486 109.815 571.930
202012 429.346 109.897 527.133
202103 449.823 111.754 543.093
202106 466.821 114.631 549.470
202109 497.498 115.734 579.998
202112 516.547 117.630 592.504
202203 493.609 121.301 549.056
202206 500.739 125.017 540.431
202209 498.772 125.227 537.407
202212 495.870 125.222 534.300
202303 464.944 127.348 492.614
202306 454.512 128.729 476.395
202309 476.237 129.860 494.820
202312 478.379 129.419 498.736
202403 476.879 131.776 488.280
202406 533.588 132.554 543.140
202409 594.390 133.029 602.869
202412 644.561 133.157 653.126
202503 640.475 134.927 640.475

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


Ecolab  (MEX:ECL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4948.27/651.13
=7.60

* 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 Ecolab was 9.56. The lowest was 4.63. And the median was 7.63.


Be Aware

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


Ecolab Cyclically Adjusted Book per Share Related Terms

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


Ecolab Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ecolab Inc (MEX:ECL) » Definitions » Cyclically Adjusted Book per Share
Address
1 Ecolab Place, Saint Paul, MN, USA, 55102
Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management solutions across its end markets. The company has a strong hold on the US market and is growing its presence abroad.