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Metso (OUKPY) Cyclically Adjusted Book per Share : $1.68 (As of Mar. 2024)


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What is Metso 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.

Metso's adjusted book value per share for the three months ended in Mar. 2024 was $1.794. 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 $1.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Metso's average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Metso was 5.80% per year. The lowest was 3.70% per year. And the median was 5.10% per year.

As of today (2024-06-06), Metso's current stock price is $5.84. Metso's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.68. Metso's Cyclically Adjusted PB Ratio of today is 3.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Metso was 3.86. The lowest was 1.13. And the median was 2.86.


Metso Cyclically Adjusted Book per Share Historical Data

The historical data trend for Metso'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.

Metso Cyclically Adjusted Book per Share Chart

Metso 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 1.34 1.56 1.60 1.58 1.67

Metso 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 1.66 1.65 1.59 1.67 1.68

Competitive Comparison of Metso's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Metso'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.


Metso's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Metso's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Metso 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, Metso'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)
=1.794/122.3600*122.3600
=1.794

Current CPI (Mar. 2024) = 122.3600.

Metso Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.672 100.147 2.043
201409 1.600 100.726 1.944
201412 1.517 100.229 1.852
201503 1.334 100.120 1.630
201506 1.371 100.030 1.677
201509 1.313 100.130 1.605
201512 1.208 99.990 1.478
201603 1.646 100.080 2.012
201606 1.663 100.390 2.027
201609 1.644 100.540 2.001
201612 1.439 101.020 1.743
201703 1.436 100.910 1.741
201706 1.461 101.140 1.768
201709 1.546 101.320 1.867
201712 1.513 101.510 1.824
201803 1.533 101.730 1.844
201806 1.427 102.320 1.706
201809 1.451 102.600 1.730
201812 1.172 102.710 1.396
201903 1.162 102.870 1.382
201906 1.147 103.360 1.358
201909 1.133 103.540 1.339
201912 3.825 103.650 4.515
202003 0.987 103.490 1.167
202006 1.362 103.320 1.613
202009 1.423 103.710 1.679
202012 1.496 103.890 1.762
202103 1.527 104.870 1.782
202106 1.487 105.360 1.727
202109 1.504 106.290 1.731
202112 1.535 107.490 1.747
202203 1.574 110.950 1.736
202206 1.377 113.570 1.484
202209 1.369 114.920 1.458
202212 1.502 117.320 1.567
202303 1.600 119.750 1.635
202306 1.544 120.690 1.565
202309 1.607 121.280 1.621
202312 1.721 121.540 1.733
202403 1.794 122.360 1.794

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


Metso  (OTCPK:OUKPY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.84/1.68
=3.48

* 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 Metso was 3.86. The lowest was 1.13. And the median was 2.86.


Be Aware

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


Metso Cyclically Adjusted Book per Share Related Terms

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


Metso (OUKPY) Business Description

Address
Toolonlahdenkatu 2, Helsinki, FIN, FI-00100
Metso Corp is a Finnish company. Its offering covers solutions in the aggregates, mining, and metals businesses. The company operates in three reportable segments such as aggregates, minerals, and metals. The company offers its customers crushing and screening equipment for the production of aggregates. Minerals segment provides equipment and full plant solutions for minerals processing, covering comminution, separation and pumps. The metals segment offers processing solutions and equipment for metal refining and chemical processes.

Metso (OUKPY) Headlines

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