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Kornit Digital (MEX:KRNT) Cyclically Adjusted Book per Share : MXN153.27 (As of Mar. 2024)


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What is Kornit Digital 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.

Kornit Digital's adjusted book value per share for the three months ended in Mar. 2024 was MXN272.773. 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 MXN153.27 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-23), Kornit Digital's current stock price is MXN274.71. Kornit Digital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN153.27. Kornit Digital's Cyclically Adjusted PB Ratio of today is 1.79.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Kornit Digital was 3.48. The lowest was 1.41. And the median was 1.86.


Kornit Digital Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kornit Digital'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.

Kornit Digital Cyclically Adjusted Book per Share Chart

Kornit Digital 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 - - - - 250.29

Kornit Digital 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 - 128.73 243.46 250.29 153.27

Competitive Comparison of Kornit Digital's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.


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

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

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



Kornit Digital 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, Kornit Digital'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)
=272.773/131.7762*131.7762
=272.773

Current CPI (Mar. 2024) = 131.7762.

Kornit Digital Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 9.928 99.070 13.206
201503 10.410 99.621 13.770
201506 51.731 100.684 67.706
201509 54.223 100.392 71.174
201512 56.906 99.792 75.145
201603 57.408 100.470 75.296
201606 61.972 101.688 80.309
201609 65.092 101.861 84.209
201612 71.310 101.863 92.251
201703 80.185 102.862 102.725
201706 78.540 103.349 100.143
201709 79.212 104.136 100.237
201712 86.732 104.011 109.885
201803 80.968 105.290 101.336
201806 90.176 106.317 111.770
201809 88.690 106.507 109.732
201812 100.308 105.998 124.703
201903 100.166 107.251 123.072
201906 151.039 108.070 184.172
201909 161.316 108.329 196.231
201912 156.827 108.420 190.611
202003 190.561 108.902 230.588
202006 188.579 108.767 228.471
202009 247.650 109.815 297.176
202012 224.497 109.897 269.192
202103 235.192 111.754 277.329
202106 235.448 114.631 270.663
202109 250.021 115.734 284.676
202112 380.165 117.630 425.886
202203 369.121 121.301 400.997
202206 366.202 125.017 386.002
202209 360.907 125.227 379.783
202212 339.091 125.222 356.840
202303 307.510 127.348 318.203
202306 290.535 128.729 297.413
202309 290.694 129.860 294.985
202312 283.025 129.419 288.179
202403 272.773 131.776 272.773

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


Kornit Digital  (MEX:KRNT) 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.

Kornit Digital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=274.71/153.27
=1.79

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Kornit Digital was 3.48. The lowest was 1.41. And the median was 1.86.


Be Aware

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


Kornit Digital Cyclically Adjusted Book per Share Related Terms

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


Kornit Digital (MEX:KRNT) Business Description

Industry
Traded in Other Exchanges
Address
12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246
Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.