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Pool (POOL) Cyclically Adjusted Book per Share : $19.81 (As of Mar. 2025)


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What is Pool 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.

Pool's adjusted book value per share for the three months ended in Mar. 2025 was $32.891. 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 $19.81 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Pool's average Cyclically Adjusted Book Growth Rate was 19.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 25.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 23.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.20% 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 Pool was 27.20% per year. The lowest was 0.70% per year. And the median was 9.30% per year.

As of today (2025-05-02), Pool's current stock price is $296.35. Pool's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $19.81. Pool's Cyclically Adjusted PB Ratio of today is 14.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pool was 63.76. The lowest was 10.83. And the median was 24.17.


Pool Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pool'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.

Pool Cyclically Adjusted Book per Share Chart

Pool 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 7.60 9.68 12.59 15.64 18.92

Pool 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 16.61 17.44 18.25 18.92 19.81

Competitive Comparison of Pool's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, Pool'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.


Pool's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

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

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


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Pool 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, Pool'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)
=32.891/134.9266*134.9266
=32.891

Current CPI (Mar. 2025) = 134.9266.

Pool Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.027 100.684 8.077
201509 6.129 100.392 8.237
201512 5.988 99.792 8.096
201603 4.903 100.470 6.584
201606 6.344 101.688 8.418
201609 6.521 101.861 8.638
201612 4.994 101.863 6.615
201703 5.387 102.862 7.066
201706 7.336 103.349 9.577
201709 5.247 104.136 6.798
201712 5.549 104.011 7.198
201803 6.157 105.290 7.890
201806 7.773 106.317 9.865
201809 9.208 106.507 11.665
201812 5.660 105.998 7.205
201903 5.667 107.251 7.129
201906 8.601 108.070 10.738
201909 10.144 108.329 12.635
201912 10.236 108.420 12.738
202003 8.725 108.902 10.810
202006 12.157 108.767 15.081
202009 14.681 109.815 18.038
202012 15.895 109.897 19.515
202103 16.413 111.754 19.816
202106 21.797 114.631 25.656
202109 24.581 115.734 28.657
202112 26.656 117.630 30.576
202203 29.276 121.301 32.565
202206 31.046 125.017 33.507
202209 30.493 125.227 32.855
202212 31.616 125.222 34.066
202303 32.197 127.348 34.113
202306 37.351 128.729 39.149
202309 36.668 129.860 38.099
202312 34.227 129.419 35.683
202403 34.987 131.776 35.823
202406 37.182 132.554 37.848
202409 37.615 133.029 38.152
202412 33.786 133.157 34.235
202503 32.891 134.927 32.891

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


Pool  (NAS:POOL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=296.35/19.81
=14.96

* 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 Pool was 63.76. The lowest was 10.83. And the median was 24.17.


Be Aware

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


Pool Cyclically Adjusted Book per Share Related Terms

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


Pool Business Description

Industry
Traded in Other Exchanges
Address
109 Northpark Boulevard, Covington, LA, USA, 70433-5001
Pool Corp distributes swimming pool supplies and related products. Its products include non-discretionary pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies.
Executives
Jennifer M Neil officer: Secretary SCP POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Perez De La Mesa Manuel J director, officer: President/CEO
Hart Melanie Housey officer: Chief Accounting Officer POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Kristopher Robert Neff officer: Vice President, Strategy & Cor 429 HAMPTON TERRACE, LIBERTYVILLE IL 60048
Walker Saik officer: Corporate Controller 5202 CHESTNUT ST, NEW ORLEANS LA 70115
Ilya Mihaly officer: Vice President - Operations & 10703 BEAGLE RUN PL, TAMPA FL 33626
James D Hope director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Carlos A. Sabater director 1140 ALFONSO AVENUE, CORAL GABLES FL 33146
Peter D Arvan officer: EXECUTIVE VICE PRESIDENT 2537 ST. JAMES DRIVE, UNIT 507, SOUTHPORT NC 28461
Martha S Gervasi director 610 BOWSPRIT LANE, LONGBOAT KEY FL 34228
Robert C Sledd director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Mark W Joslin officer: Chief Financial Officer SCP POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
St Romain Kenneth G officer: Group Vice President POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
David B. Collier officer: VP OPERATIONS & SUPPLY CHAIN 720 EVENING STAR LN, CASTLE ROCK CO 80108
Arthur D Cook officer: Vice President