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Stella-Jones (STU:97S) Cyclically Adjusted Book per Share : €14.89 (As of Sep. 2024)


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What is Stella-Jones 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.

Stella-Jones's adjusted book value per share for the three months ended in Sep. 2024 was €21.671. 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 €14.89 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Stella-Jones's average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 18.50% 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 Stella-Jones was 22.80% per year. The lowest was 13.90% per year. And the median was 18.80% per year.

As of today (2025-01-19), Stella-Jones's current stock price is €47.60. Stella-Jones's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €14.89. Stella-Jones's Cyclically Adjusted PB Ratio of today is 3.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stella-Jones was 9.67. The lowest was 1.86. And the median was 3.87.


Stella-Jones Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stella-Jones'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.

Stella-Jones Cyclically Adjusted Book per Share Chart

Stella-Jones 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 8.00 8.43 10.81 12.62 14.10

Stella-Jones Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 14.42 14.10 14.62 15.13 14.89

Competitive Comparison of Stella-Jones's Cyclically Adjusted Book per Share

For the Lumber & Wood Production subindustry, Stella-Jones'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.


Stella-Jones's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stella-Jones's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stella-Jones 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, Stella-Jones's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=21.671/127.2847*127.2847
=21.671

Current CPI (Sep. 2024) = 127.2847.

Stella-Jones Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.061 98.367 9.137
201503 8.100 99.789 10.332
201506 8.251 100.500 10.450
201509 8.374 100.421 10.614
201512 8.845 99.947 11.264
201603 8.802 101.054 11.087
201606 9.352 102.002 11.670
201609 9.709 101.765 12.144
201612 10.526 101.449 13.207
201703 10.445 102.634 12.954
201706 10.211 103.029 12.615
201709 10.963 103.345 13.503
201712 10.646 103.345 13.112
201803 10.448 105.004 12.665
201806 11.419 105.557 13.769
201809 11.739 105.636 14.145
201812 12.102 105.399 14.615
201903 12.200 106.979 14.516
201906 12.500 107.690 14.774
201909 13.254 107.611 15.677
201912 13.047 107.769 15.410
202003 13.297 107.927 15.682
202006 13.612 108.401 15.983
202009 13.727 108.164 16.154
202012 13.312 108.559 15.608
202103 14.012 110.298 16.170
202106 15.085 111.720 17.187
202109 15.302 112.905 17.251
202112 15.699 113.774 17.563
202203 16.462 117.646 17.811
202206 18.198 120.806 19.174
202209 20.036 120.648 21.138
202212 18.302 120.964 19.258
202303 18.292 122.702 18.975
202306 19.156 124.203 19.631
202309 20.334 125.230 20.668
202312 19.856 125.072 20.207
202403 20.791 126.258 20.960
202406 21.865 127.522 21.824
202409 21.671 127.285 21.671

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


Stella-Jones  (STU:97S) 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.

Stella-Jones's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=47.60/14.89
=3.20

* 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 Stella-Jones was 9.67. The lowest was 1.86. And the median was 3.87.


Be Aware

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


Stella-Jones Cyclically Adjusted Book per Share Related Terms

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


Stella-Jones Business Description

Industry
Traded in Other Exchanges
Address
3100 de la Cote-Vertu Boulevard, Suite 300, Saint-Laurent, QC, CAN, H4R 2J8
Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company's procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment. Its geographical segments are the United States and Canada, of which the majority of its revenue is derived from the United States.

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