GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ball Corp (STU:BL8) » Definitions » Cyclically Adjusted Book per Share

Ball (STU:BL8) Cyclically Adjusted Book per Share : €12.22 (As of Mar. 2025)


View and export this data going back to 2014. Start your Free Trial

What is Ball 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.

Ball's adjusted book value per share for the three months ended in Mar. 2025 was €18.208. 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 €12.22 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ball's average Cyclically Adjusted Book Growth Rate was 16.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.90% 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 Ball was 16.20% per year. The lowest was -0.90% per year. And the median was 10.10% per year.

As of today (2025-05-23), Ball's current stock price is €46.83. Ball's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €12.22. Ball's Cyclically Adjusted PB Ratio of today is 3.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ball was 13.35. The lowest was 3.56. And the median was 8.21.


Ball Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ball'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.

Ball Cyclically Adjusted Book per Share Chart

Ball 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 5.94 7.41 9.11 9.72 12.26

Ball Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.41 11.26 10.98 12.26 12.22

Competitive Comparison of Ball's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Ball'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.


Ball's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Ball 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, Ball's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=18.208/134.9266*134.9266
=18.208

Current CPI (Mar. 2025) = 134.9266.

Ball Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.673 100.684 4.922
201509 3.380 100.392 4.543
201512 4.065 99.792 5.496
201603 3.387 100.470 4.549
201606 11.696 101.688 15.519
201609 9.466 101.861 12.539
201612 9.311 101.863 12.333
201703 9.645 102.862 12.652
201706 9.123 103.349 11.910
201709 8.463 104.136 10.965
201712 9.518 104.011 12.347
201803 9.340 105.290 11.969
201806 9.604 106.317 12.188
201809 9.157 106.507 11.600
201812 9.066 105.998 11.540
201903 9.383 107.251 11.804
201906 9.228 108.070 11.521
201909 9.340 108.329 11.633
201912 8.176 108.420 10.175
202003 7.303 108.902 9.048
202006 7.515 108.767 9.322
202009 7.493 109.815 9.206
202012 8.218 109.897 10.090
202103 8.940 111.754 10.794
202106 9.243 114.631 10.879
202109 9.693 115.734 11.300
202112 10.005 117.630 11.476
202203 11.039 121.301 12.279
202206 10.424 125.017 11.250
202209 11.196 125.227 12.063
202212 10.401 125.222 11.207
202303 10.808 127.348 11.451
202306 11.242 128.729 11.783
202309 11.705 129.860 12.162
202312 10.948 129.419 11.414
202403 21.479 131.776 21.993
202406 20.990 132.554 21.366
202409 20.068 133.029 20.354
202412 19.346 133.157 19.603
202503 18.208 134.927 18.208

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


Ball  (STU:BL8) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.83/12.22
=3.83

* 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 Ball was 13.35. The lowest was 3.56. And the median was 8.21.


Be Aware

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


Ball Cyclically Adjusted Book per Share Related Terms

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


Ball Business Description

Industry
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments-beverage packaging, North and Central America (48% of 2024 revenue), beverage packaging, EMEA (29%), beverage packaging, South America (17%)-and it generated $12 billion in revenue in 2024.

Ball Headlines

No Headlines