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Tornado Infrastructure Equipment (FRA:2FT0) Cyclically Adjusted Book per Share : €0.11 (As of Dec. 2024)


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What is Tornado Infrastructure Equipment 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.

Tornado Infrastructure Equipment's adjusted book value per share for the three months ended in Dec. 2024 was €0.177. 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 €0.11 for the trailing ten years ended in Dec. 2024.

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.

As of today (2025-05-27), Tornado Infrastructure Equipment's current stock price is €1.02. Tornado Infrastructure Equipment's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €0.11. Tornado Infrastructure Equipment's Cyclically Adjusted PB Ratio of today is 9.27.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Tornado Infrastructure Equipment was 10.47. The lowest was 5.71. And the median was 6.24.


Tornado Infrastructure Equipment Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tornado Infrastructure Equipment'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.

Tornado Infrastructure Equipment Cyclically Adjusted Book per Share Chart

Tornado Infrastructure Equipment 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 - - - - 0.11

Tornado Infrastructure Equipment Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - 0.11

Competitive Comparison of Tornado Infrastructure Equipment's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Tornado Infrastructure Equipment'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.


Tornado Infrastructure Equipment's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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


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Tornado Infrastructure Equipment 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, Tornado Infrastructure Equipment's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.177/127.3637*127.3637
=0.177

Current CPI (Dec. 2024) = 127.3637.

Tornado Infrastructure Equipment Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.075 99.947 0.096
201603 0.057 101.054 0.072
201606 0.168 102.002 0.210
201609 0.155 101.765 0.194
201612 0.151 101.449 0.190
201703 0.145 102.634 0.180
201706 0.133 103.029 0.164
201709 0.101 103.345 0.124
201712 0.093 103.345 0.115
201803 0.087 105.004 0.106
201806 0.089 105.557 0.107
201809 0.090 105.636 0.109
201812 0.088 105.399 0.106
201903 0.088 106.979 0.105
201906 0.091 107.690 0.108
201909 0.097 107.611 0.115
201912 0.081 107.769 0.096
202003 0.079 107.927 0.093
202006 0.080 108.401 0.094
202009 0.080 108.164 0.094
202012 0.075 108.559 0.088
202103 0.081 110.298 0.094
202106 0.083 111.720 0.095
202109 0.079 112.905 0.089
202112 0.066 113.774 0.074
202203 0.072 117.646 0.078
202206 0.077 120.806 0.081
202209 0.085 120.648 0.090
202212 0.082 120.964 0.086
202303 0.085 122.702 0.088
202306 0.092 124.203 0.094
202309 0.100 125.230 0.102
202312 0.122 125.072 0.124
202403 0.135 126.258 0.136
202406 0.149 127.522 0.149
202409 0.157 127.285 0.157
202412 0.177 127.364 0.177

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


Tornado Infrastructure Equipment  (FRA:2FT0) 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.

Tornado Infrastructure Equipment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.02/0.11
=9.27

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Tornado Infrastructure Equipment was 10.47. The lowest was 5.71. And the median was 6.24.


Be Aware

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


Tornado Infrastructure Equipment Cyclically Adjusted Book per Share Related Terms

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


Tornado Infrastructure Equipment Business Description

Traded in Other Exchanges
Address
300 – 5th Avenue South West, Suite 1800, Calgary, AB, CAN, T2P 3C4
Tornado Infrastructure Equipment Ltd is a truck manufacturer. It designs and manufactures hydrovac trucks as well as provides heavy-duty truck maintenance operations in central Alberta. The group sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction and oil and gas markets. Its brands for parts include CatPumps, Ripsaw, Kenworth, and others.

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