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Alto Ingredients (STU:FPRP) Cyclically Adjusted Book per Share : €6.26 (As of Mar. 2024)


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What is Alto Ingredients 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.

Alto Ingredients's adjusted book value per share for the three months ended in Mar. 2024 was €3.209. 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 €6.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alto Ingredients's average Cyclically Adjusted Book Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -37.50% 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 Alto Ingredients was 42.50% per year. The lowest was -75.00% per year. And the median was -11.40% per year.

As of today (2024-06-04), Alto Ingredients's current stock price is €1.36. Alto Ingredients's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.26. Alto Ingredients's Cyclically Adjusted PB Ratio of today is 0.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alto Ingredients was 1.45. The lowest was 0.01. And the median was 0.06.


Alto Ingredients Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alto Ingredients'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.

Alto Ingredients Cyclically Adjusted Book per Share Chart

Alto Ingredients 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 2.75 6.25 9.50 6.84 6.86

Alto Ingredients 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 6.96 6.94 7.21 6.86 6.26

Competitive Comparison of Alto Ingredients's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Alto Ingredients'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.


Alto Ingredients's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alto Ingredients's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Alto Ingredients 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, Alto Ingredients'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)
=3.209/131.7762*131.7762
=3.209

Current CPI (Mar. 2024) = 131.7762.

Alto Ingredients Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.504 100.560 7.213
201409 6.644 100.428 8.718
201412 7.068 99.070 9.401
201503 7.834 99.621 10.363
201506 7.598 100.684 9.944
201509 7.767 100.392 10.195
201512 8.022 99.792 10.593
201603 7.507 100.470 9.846
201606 7.498 101.688 9.717
201609 7.439 101.861 9.624
201612 8.490 101.863 10.983
201703 8.026 102.862 10.282
201706 7.459 103.349 9.511
201709 7.037 104.136 8.905
201712 6.847 104.011 8.675
201803 6.440 105.290 8.060
201806 6.404 106.317 7.938
201809 6.281 106.507 7.771
201812 5.757 105.998 7.157
201903 5.269 107.251 6.474
201906 5.037 108.070 6.142
201909 4.680 108.329 5.693
201912 3.563 108.420 4.331
202003 3.166 108.902 3.831
202006 3.373 108.767 4.087
202009 3.279 109.815 3.935
202012 3.359 109.897 4.028
202103 3.464 111.754 4.085
202106 3.511 114.631 4.036
202109 3.563 115.734 4.057
202112 4.198 117.630 4.703
202203 4.185 121.301 4.546
202206 4.636 125.017 4.887
202209 4.575 125.227 4.814
202212 3.870 125.222 4.073
202303 3.600 127.348 3.725
202306 3.657 128.729 3.744
202309 3.668 129.860 3.722
202312 3.386 129.419 3.448
202403 3.209 131.776 3.209

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


Alto Ingredients  (STU:FPRP) 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.

Alto Ingredients's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.36/6.26
=0.22

* 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 Alto Ingredients was 1.45. The lowest was 0.01. And the median was 0.06.


Be Aware

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


Alto Ingredients Cyclically Adjusted Book per Share Related Terms

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


Alto Ingredients (STU:FPRP) Business Description

Industry
Traded in Other Exchanges
Address
1300 South Second Street, Pekin, IL, USA, 61554
Alto Ingredients Inc is a producer of specialty alcohols and essential ingredients. The company serves five markets: Health, Home and Beauty, Food and Beverage, Essential Ingredients, and Renewable Fuels. Its customers include major food and beverage companies and consumer products manufacturers and distributors. The company operates under three segments: Marketing and distribution, Pekin Campus production, and Other production. The Marketing and distribution segment participates in marketing and merchant trading for alcohols and essential ingredients; Pekin Campus produces and sells products produced at the company's Pekin, Illinois, campus, and about half of the firm's revenue flows from this segment. Other production makes and sells from the company's other production facilities.

Alto Ingredients (STU:FPRP) Headlines

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