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Allison Transmission Holdings (STU:1A7) Cyclically Adjusted Book per Share : €7.91 (As of Mar. 2024)


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What is Allison Transmission Holdings 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.

Allison Transmission Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €14.105. 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 €7.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Allison Transmission Holdings's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Allison Transmission Holdings was 6.90% per year. The lowest was 6.90% per year. And the median was 6.90% per year.

As of today (2024-06-25), Allison Transmission Holdings's current stock price is €69.50. Allison Transmission Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.91. Allison Transmission Holdings's Cyclically Adjusted PB Ratio of today is 8.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Allison Transmission Holdings was 9.73. The lowest was 4.27. And the median was 5.63.


Allison Transmission Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Allison Transmission Holdings'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.

Allison Transmission Holdings Cyclically Adjusted Book per Share Chart

Allison Transmission Holdings 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 - 5.44 6.31 7.19 7.53

Allison Transmission Holdings 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 7.35 7.41 7.91 7.53 7.91

Competitive Comparison of Allison Transmission Holdings's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Allison Transmission Holdings'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.


Allison Transmission Holdings's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Allison Transmission Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Allison Transmission Holdings 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, Allison Transmission Holdings'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)
=14.105/131.7762*131.7762
=14.105

Current CPI (Mar. 2024) = 131.7762.

Allison Transmission Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.394 100.560 7.068
201409 5.916 100.428 7.763
201412 6.316 99.070 8.401
201503 7.285 99.621 9.636
201506 6.871 100.684 8.993
201509 6.327 100.392 8.305
201512 6.375 99.792 8.418
201603 6.256 100.470 8.205
201606 6.157 101.688 7.979
201609 6.007 101.861 7.771
201612 6.256 101.863 8.093
201703 4.533 102.862 5.807
201706 4.148 103.349 5.289
201709 3.262 104.136 4.128
201712 4.159 104.011 5.269
201803 4.165 105.290 5.213
201806 3.927 106.317 4.867
201809 4.522 106.507 5.595
201812 4.588 105.998 5.704
201903 5.271 107.251 6.476
201906 4.906 108.070 5.982
201909 5.644 108.329 6.866
201912 5.947 108.420 7.228
202003 5.541 108.902 6.705
202006 5.452 108.767 6.605
202009 5.616 109.815 6.739
202012 5.547 109.897 6.651
202103 5.825 111.754 6.869
202106 5.670 114.631 6.518
202109 5.764 115.734 6.563
202112 5.653 117.630 6.333
202203 6.211 121.301 6.747
202206 7.356 125.017 7.754
202209 8.233 125.227 8.664
202212 8.989 125.222 9.460
202303 10.095 127.348 10.446
202306 10.888 128.729 11.146
202309 12.389 129.860 12.572
202312 12.900 129.419 13.135
202403 14.105 131.776 14.105

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


Allison Transmission Holdings  (STU:1A7) 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.

Allison Transmission Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=69.50/7.91
=8.79

* 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 Allison Transmission Holdings was 9.73. The lowest was 4.27. And the median was 5.63.


Be Aware

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


Allison Transmission Holdings Cyclically Adjusted Book per Share Related Terms

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


Allison Transmission Holdings (STU:1A7) Business Description

Traded in Other Exchanges
Address
One Allison Way, Indianapolis, IN, USA, 46222
Allison Transmission is the largest manufacturer of fully automatic transmissions for commercial vehicles. The company's automatic transmissions allow customers to achieve better fuel and operator efficiency than less expensive manual and automated manual transmissions. Allison serves several end markets, including on- and off-highway equipment and military vehicles. Its on-highway business has approximately 60% global market share. The company's transmissions can be found in Class 4 through Class 8 trucks, buses, and a limited number of large passenger vehicles (heavy-duty pickup trucks and motor homes). Allison also produces electric hybrid propulsion systems and is developing e-powertrains.

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