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Lanxess AG (MIL:1LXS) Cyclically Adjusted Book per Share : €43.23 (As of Mar. 2025)


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What is Lanxess 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.

Lanxess AG's adjusted book value per share for the three months ended in Mar. 2025 was €50.471. 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 €43.23 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lanxess AG's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Lanxess AG was 11.60% per year. The lowest was 4.50% per year. And the median was 9.30% per year.

As of today (2025-05-30), Lanxess AG's current stock price is €27.26. Lanxess AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €43.23. Lanxess AG's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lanxess AG was 2.98. The lowest was 0.52. And the median was 1.73.


Lanxess AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lanxess 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.

Lanxess AG Cyclically Adjusted Book per Share Chart

Lanxess AG 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 - - - 38.92 42.83

Lanxess AG 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 41.76 39.58 43.00 42.83 43.23

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

For the Specialty Chemicals subindustry, Lanxess 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.


Lanxess AG's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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


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Lanxess 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, Lanxess AG'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)
=50.471/127.7792*127.7792
=50.471

Current CPI (Mar. 2025) = 127.7792.

Lanxess AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 24.890 100.417 31.672
201509 23.797 100.417 30.281
201512 25.240 99.717 32.343
201603 24.934 100.017 31.855
201606 25.338 100.717 32.146
201609 25.447 101.017 32.189
201612 27.884 101.217 35.202
201703 28.550 101.417 35.971
201706 26.420 102.117 33.059
201709 25.688 102.717 31.956
201712 24.988 102.617 31.115
201803 25.240 102.917 31.337
201806 25.513 104.017 31.341
201809 27.381 104.718 33.411
201812 30.375 104.217 37.242
201903 30.823 104.217 37.792
201906 30.395 105.718 36.738
201909 31.928 106.018 38.482
201912 30.521 105.818 36.855
202003 31.047 105.718 37.526
202006 38.880 106.618 46.597
202009 36.467 105.818 44.035
202012 34.756 105.518 42.089
202103 38.589 107.518 45.861
202106 38.844 108.486 45.752
202109 41.646 109.435 48.627
202112 43.499 110.384 50.354
202203 47.113 113.968 52.822
202206 52.243 115.760 57.667
202209 56.285 118.818 60.530
202212 51.201 119.345 54.819
202303 49.533 122.402 51.709
202306 64.936 123.140 67.382
202309 65.133 124.195 67.013
202312 52.127 123.773 53.814
202403 52.753 125.038 53.909
202406 52.776 125.882 53.572
202409 50.633 126.198 51.267
202412 53.112 127.041 53.421
202503 50.471 127.779 50.471

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


Lanxess AG  (MIL:1LXS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.26/43.23
=0.63

* 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 Lanxess AG was 2.98. The lowest was 0.52. And the median was 1.73.


Be Aware

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


Lanxess AG Cyclically Adjusted Book per Share Related Terms

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


Lanxess AG Business Description

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Kennedyplatz 1, Cologne, DEU, 50569
Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio by divesting its synthetic rubber business. It has business segments namely: specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and others. Geographically, it operates in EMEA (excluding Germany), Germany, Americas, and Asia-Pacific.

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