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Exchangeome (STU:0ON) Cyclically Adjusted Book per Share : €15.13 (As of Mar. 2024)


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What is Exchangeome 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.

Exchangeome's adjusted book value per share for the three months ended in Mar. 2024 was €17.856. 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 €15.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Exchangeome's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Exchangeome was 8.10% per year. The lowest was 6.40% per year. And the median was 6.80% per year.

As of today (2024-06-05), Exchangeome's current stock price is €29.60. Exchangeome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €15.13. Exchangeome's Cyclically Adjusted PB Ratio of today is 1.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Exchangeome was 3.33. The lowest was 0.99. And the median was 2.22.


Exchangeome Cyclically Adjusted Book per Share Historical Data

The historical data trend for Exchangeome'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.

Exchangeome Cyclically Adjusted Book per Share Chart

Exchangeome 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 - - - 13.74 14.64

Exchangeome 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 14.10 14.47 15.09 14.64 15.13

Competitive Comparison of Exchangeome's Cyclically Adjusted Book per Share

For the Airlines subindustry, Exchangeome'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.


Exchangeome's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Exchangeome 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, Exchangeome'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)
=17.856/126.2576*126.2576
=17.856

Current CPI (Mar. 2024) = 126.2576.

Exchangeome Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.238 99.473 11.725
201409 9.740 99.394 12.372
201412 9.361 98.367 12.015
201503 10.171 99.789 12.869
201506 10.050 100.500 12.626
201509 10.705 100.421 13.459
201512 10.820 99.947 13.668
201603 10.489 101.054 13.105
201606 11.181 102.002 13.840
201609 11.240 101.765 13.945
201612 11.999 101.449 14.933
201703 12.779 102.634 15.720
201706 12.190 103.029 14.938
201709 12.278 103.345 15.000
201712 12.203 103.345 14.909
201803 11.640 105.004 13.996
201806 12.427 105.557 14.864
201809 12.517 105.636 14.960
201812 12.895 105.399 15.447
201903 12.716 106.979 15.008
201906 12.893 107.690 15.116
201909 13.631 107.611 15.993
201912 14.373 107.769 16.839
202003 13.803 107.927 16.147
202006 13.306 108.401 15.498
202009 12.875 108.164 15.029
202012 12.410 108.559 14.433
202103 12.651 110.298 14.482
202106 13.470 111.720 15.223
202109 13.692 112.905 15.311
202112 14.283 113.774 15.850
202203 14.470 117.646 15.529
202206 15.690 120.806 16.398
202209 18.191 120.648 19.037
202212 16.670 120.964 17.400
202303 16.096 122.702 16.562
202306 18.092 124.203 18.391
202309 18.534 125.230 18.686
202312 18.060 125.072 18.231
202403 17.856 126.258 17.856

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


Exchangeome  (STU:0ON) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.60/15.13
=1.96

* 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 Exchangeome was 3.33. The lowest was 0.99. And the median was 2.22.


Be Aware

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


Exchangeome Cyclically Adjusted Book per Share Related Terms

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


Exchangeome (STU:0ON) Business Description

Industry
Traded in Other Exchanges
Address
101-990 Lorimer Boulevard, Winnipeg, MB, CAN, R3P 0Z9
Exchange Income Corp is a diversified, acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with cash flows operating in niche markets. Its Aerospace and Aviation segment is a key revenue driver, recognizes revenue from the provision of Aftermarket parts sales, Aircraft and engine sales, Aircraft and engine lease revenue, Surveillance and aircraft modification services, Software development and sales of software licenses, Charter, passenger flight, medevac, and cargo services. The Manufacturing segment recognizes revenue from the sales of manufacturing products and services.

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