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Enovis (STU:C520) Cyclically Adjusted Book per Share : €86.59 (As of Mar. 2024)


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What is Enovis 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.

Enovis's adjusted book value per share for the three months ended in Mar. 2024 was €55.502. 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 €86.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enovis's average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Enovis was 14.00% per year. The lowest was 7.40% per year. And the median was 13.50% per year.

As of today (2024-05-25), Enovis's current stock price is €46.20. Enovis's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €86.59. Enovis's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enovis was 2.11. The lowest was 0.40. And the median was 0.90.


Enovis Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enovis'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.

Enovis Cyclically Adjusted Book per Share Chart

Enovis 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 60.46 59.82 79.14 87.41 84.17

Enovis 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 85.68 85.42 88.95 84.17 86.59

Competitive Comparison of Enovis's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Enovis'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.


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

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

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



Enovis 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, Enovis'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)
=55.502/131.7762*131.7762
=55.502

Current CPI (Mar. 2024) = 131.7762.

Enovis Quarterly Data

Book Value per Share CPI Adj_Book
201406 60.955 100.560 79.877
201409 62.612 100.428 82.156
201412 61.878 99.070 82.306
201503 68.131 99.621 90.122
201506 69.277 100.684 90.671
201509 66.766 100.392 87.639
201512 68.467 99.792 90.411
201603 66.903 100.470 87.749
201606 64.541 101.688 83.638
201609 64.785 101.861 83.811
201612 67.101 101.863 86.806
201703 68.656 102.862 87.955
201706 68.643 103.349 87.524
201709 67.458 104.136 85.363
201712 71.999 104.011 91.219
201803 71.024 105.290 88.891
201806 71.609 106.317 88.757
201809 71.556 106.507 88.533
201812 73.522 105.998 91.402
201903 80.796 107.251 99.272
201906 69.830 108.070 85.148
201909 68.981 108.329 83.911
201912 78.705 108.420 95.660
202003 75.515 108.902 91.377
202006 75.425 108.767 91.381
202009 73.373 109.815 88.046
202012 73.740 109.897 88.421
202103 78.921 111.754 93.060
202106 75.358 114.631 86.629
202109 75.562 115.734 86.036
202112 78.459 117.630 87.895
202203 77.305 121.301 83.981
202206 61.001 125.017 64.299
202209 63.543 125.227 66.866
202212 60.024 125.222 63.166
202303 59.018 127.348 61.070
202306 58.369 128.729 59.751
202309 59.066 129.860 59.938
202312 57.414 129.419 58.460
202403 55.502 131.776 55.502

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


Enovis  (STU:C520) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.20/86.59
=0.53

* 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 Enovis was 2.11. The lowest was 0.40. And the median was 0.90.


Be Aware

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


Enovis Cyclically Adjusted Book per Share Related Terms

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


Enovis (STU:C520) Business Description

Industry
Traded in Other Exchanges
Address
2711 Centerville Road, Suite 400, Wilmington, DE, USA, 19808
Enovis Corp is a medical technology company focused on developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows by manufacturing and distributing high-quality medical devices with a broad range of products used for reconstructive surgery, rehabilitation, pain management and physical therapy.. The company conducts its operations through two operating segments: Prevention & Recovery ("P&R") and Reconstructive ("Recon"). It generates majority revenue form Prevention & Recovery segment.

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