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Euronet Worldwide (STU:EEF) Cyclically Adjusted Book per Share : €23.45 (As of Mar. 2024)


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What is Euronet Worldwide 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.

Euronet Worldwide's adjusted book value per share for the three months ended in Mar. 2024 was €24.947. 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 €23.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Euronet Worldwide's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 Euronet Worldwide was 32.60% per year. The lowest was 7.30% per year. And the median was 11.30% per year.

As of today (2024-05-16), Euronet Worldwide's current stock price is €105.00. Euronet Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.45. Euronet Worldwide's Cyclically Adjusted PB Ratio of today is 4.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Euronet Worldwide was 10.74. The lowest was 2.95. And the median was 5.68.


Euronet Worldwide Cyclically Adjusted Book per Share Historical Data

The historical data trend for Euronet Worldwide'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.

Euronet Worldwide Cyclically Adjusted Book per Share Chart

Euronet Worldwide 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 15.26 14.61 18.27 22.01 23.41

Euronet Worldwide 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 21.91 22.26 23.38 23.41 23.45

Competitive Comparison of Euronet Worldwide's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, Euronet Worldwide'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.


Euronet Worldwide's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Euronet Worldwide's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Euronet Worldwide 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, Euronet Worldwide'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)
=24.947/131.7762*131.7762
=24.947

Current CPI (Mar. 2024) = 131.7762.

Euronet Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.513 100.560 13.777
201409 10.744 100.428 14.098
201412 11.486 99.070 15.278
201503 12.182 99.621 16.114
201506 12.665 100.684 16.576
201509 13.439 100.392 17.640
201512 14.273 99.792 18.848
201603 14.121 100.470 18.521
201606 14.546 101.688 18.850
201609 15.783 101.861 20.418
201612 16.304 101.863 21.092
201703 16.986 102.862 21.761
201706 17.987 103.349 22.934
201709 19.062 104.136 24.122
201712 19.178 104.011 24.297
201803 17.763 105.290 22.231
201806 17.960 106.317 22.261
201809 19.633 106.507 24.291
201812 20.909 105.998 25.994
201903 21.937 107.251 26.953
201906 22.713 108.070 27.695
201909 24.200 108.329 29.438
201912 26.214 108.420 31.861
202003 22.353 108.902 27.048
202006 20.596 108.767 24.953
202009 21.192 109.815 25.430
202012 22.534 109.897 27.020
202103 22.361 111.754 26.367
202106 22.615 114.631 25.997
202109 23.984 115.734 27.308
202112 21.723 117.630 24.336
202203 20.542 121.301 22.316
202206 19.451 125.017 20.503
202209 20.931 125.227 22.026
202212 23.582 125.222 24.816
202303 23.949 127.348 24.782
202306 25.692 128.729 26.300
202309 23.197 129.860 23.539
202312 25.037 129.419 25.493
202403 24.947 131.776 24.947

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


Euronet Worldwide  (STU:EEF) 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.

Euronet Worldwide's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=105.00/23.45
=4.48

* 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 Euronet Worldwide was 10.74. The lowest was 2.95. And the median was 5.68.


Be Aware

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


Euronet Worldwide Cyclically Adjusted Book per Share Related Terms

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


Euronet Worldwide (STU:EEF) Business Description

Industry
Traded in Other Exchanges
Address
11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS, USA, 66211
Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. Euronet Worldwide also offers global money transfers, payment services and software, banking services, credit and debit card outsourcing services, and card issuing and merchant acquiring services. The largest segment by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. The largest country by revenue is the United States of America.

Euronet Worldwide (STU:EEF) Headlines

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