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Ingevity (MEX:NGVT) Cyclically Adjusted Book per Share : MXN453.11 (As of Jun. 2024)


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What is Ingevity 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.

Ingevity's adjusted book value per share for the three months ended in Jun. 2024 was MXN143.575. 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 MXN453.11 for the trailing ten years ended in Jun. 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 (2024-09-25), Ingevity's current stock price is MXN1430.00. Ingevity's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN453.11. Ingevity's Cyclically Adjusted PB Ratio of today is 3.16.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Ingevity was 3.91. The lowest was 2.55. And the median was 3.20.


Ingevity Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ingevity'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.

Ingevity Cyclically Adjusted Book per Share Chart

Ingevity 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 - - - - 410.04

Ingevity Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 404.88 410.04 417.61 453.11

Competitive Comparison of Ingevity's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Ingevity'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.


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

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

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



Ingevity 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, Ingevity's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=143.575/132.5538*132.5538
=143.575

Current CPI (Jun. 2024) = 132.5538.

Ingevity Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 100.428 0.000
201412 146.196 99.070 195.608
201503 0.000 99.621 0.000
201506 176.772 100.684 232.726
201509 206.445 100.392 272.584
201512 210.270 99.792 279.301
201603 216.528 100.470 285.672
201606 57.062 101.688 74.382
201609 57.534 101.861 74.870
201612 62.170 101.863 80.902
201703 66.932 102.862 86.252
201706 79.597 103.349 102.090
201709 95.596 104.136 121.684
201712 123.140 104.011 156.932
201803 129.169 105.290 162.617
201806 157.860 106.317 196.817
201809 143.743 106.507 178.897
201812 159.507 105.998 199.469
201903 166.367 107.251 205.617
201906 183.925 108.070 225.595
201909 209.282 108.329 256.081
201912 239.345 108.420 292.622
202003 285.919 108.902 348.018
202006 292.533 108.767 356.508
202009 330.204 109.815 398.578
202012 315.296 109.897 380.299
202103 337.249 111.754 400.017
202106 344.566 114.631 398.438
202109 336.568 115.734 385.481
202112 351.987 117.630 396.646
202203 352.827 121.301 385.558
202206 346.100 125.017 366.966
202209 341.308 125.227 361.279
202212 364.998 125.222 386.369
202303 353.638 127.348 368.095
202306 338.118 128.729 348.165
202309 345.531 129.860 352.700
202312 295.794 129.419 302.958
202403 259.606 131.776 261.138
202406 143.575 132.554 143.575

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


Ingevity  (MEX:NGVT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1430.00/453.11
=3.16

* 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 Ingevity was 3.91. The lowest was 2.55. And the median was 3.20.


Be Aware

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


Ingevity Cyclically Adjusted Book per Share Related Terms

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


Ingevity Business Description

Industry
Traded in Other Exchanges
Address
4920 O'Hear Avenue, Suite 400, North Charleston, SC, USA, 29405
Ingevity Corp is a chemical manufacturer based in the United States. It conducts its operations through two segments, namely Performance Chemicals and Performance Materials. The bulk of its revenue is generated by the Performance Chemicals segment which deals with the manufacture and sale of specialty chemicals which find their use in a range of processes such as asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, and publication inks. The Performance Materials segment, on the other hand, focusses on automotive carbon products used in automobiles. The Company sells its products worldwide, with special emphasis on North America.

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