GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Energy Recovery Inc (STU:5E2) » Definitions » Cyclically Adjusted Book per Share

Energy Recovery (STU:5E2) Cyclically Adjusted Book per Share : €2.69 (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Energy Recovery 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.

Energy Recovery's adjusted book value per share for the three months ended in Dec. 2024 was €3.661. 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 €2.69 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Energy Recovery's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Energy Recovery was 10.00% per year. The lowest was 2.20% per year. And the median was 4.10% per year.

As of today (2025-05-10), Energy Recovery's current stock price is €10.785. Energy Recovery's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €2.69. Energy Recovery's Cyclically Adjusted PB Ratio of today is 4.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Energy Recovery was 12.17. The lowest was 1.29. And the median was 5.54.


Energy Recovery Cyclically Adjusted Book per Share Historical Data

The historical data trend for Energy Recovery'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.

Energy Recovery Cyclically Adjusted Book per Share Chart

Energy Recovery 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 1.09 1.83 2.18 2.34 2.69

Energy Recovery 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 2.34 2.41 2.48 2.45 2.69

Competitive Comparison of Energy Recovery's Cyclically Adjusted Book per Share

For the Pollution & Treatment Controls subindustry, Energy Recovery'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.


Energy Recovery's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


;
;

Energy Recovery 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, Energy Recovery'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)
=3.661/133.1571*133.1571
=3.661

Current CPI (Dec. 2024) = 133.1571.

Energy Recovery Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.120 99.621 1.497
201506 1.057 100.684 1.398
201509 1.059 100.392 1.405
201512 1.114 99.792 1.486
201603 1.036 100.470 1.373
201606 0.992 101.688 1.299
201609 0.995 101.861 1.301
201612 1.161 101.863 1.518
201703 1.191 102.862 1.542
201706 1.089 103.349 1.403
201709 1.069 104.136 1.367
201712 1.440 104.011 1.844
201803 1.373 105.290 1.736
201806 1.638 106.317 2.052
201809 1.747 106.507 2.184
201812 1.848 105.998 2.322
201903 1.948 107.251 2.419
201906 2.055 108.070 2.532
201909 2.220 108.329 2.729
201912 2.215 108.420 2.720
202003 2.253 108.902 2.755
202006 2.511 108.767 3.074
202009 2.499 109.815 3.030
202012 2.504 109.897 3.034
202103 2.726 111.754 3.248
202106 2.611 114.631 3.033
202109 2.641 115.734 3.039
202112 2.784 117.630 3.151
202203 2.898 121.301 3.181
202206 2.745 125.017 2.924
202209 3.054 125.227 3.247
202212 3.120 125.222 3.318
202303 3.009 127.348 3.146
202306 2.975 128.729 3.077
202309 3.218 129.860 3.300
202312 3.544 129.419 3.646
202403 3.467 131.776 3.503
202406 3.535 132.554 3.551
202409 3.641 133.029 3.645
202412 3.661 133.157 3.661

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


Energy Recovery  (STU:5E2) 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.

Energy Recovery's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.785/2.69
=4.01

* 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 Energy Recovery was 12.17. The lowest was 1.29. And the median was 5.54.


Be Aware

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


Energy Recovery Cyclically Adjusted Book per Share Related Terms

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


Energy Recovery Business Description

Industry
Traded in Other Exchanges
Address
1717 Doolittle Drive, San Leandro, CA, USA, 94577
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.

Energy Recovery Headlines

No Headlines