GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Methode Electronics Inc (STU:ME5A) » Definitions » Cyclically Adjusted Book per Share

Methode Electronics (STU:ME5A) Cyclically Adjusted Book per Share : €20.55 (As of Jan. 2024)


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

What is Methode Electronics 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.

Methode Electronics's adjusted book value per share for the three months ended in Jan. 2024 was €21.605. 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 €20.55 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Methode Electronics's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.40% 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 Methode Electronics was 16.40% per year. The lowest was -2.50% per year. And the median was 7.80% per year.

As of today (2024-05-27), Methode Electronics's current stock price is €10.70. Methode Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €20.55. Methode Electronics's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Methode Electronics was 5.47. The lowest was 0.50. And the median was 3.01.


Methode Electronics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Methode Electronics'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.

Methode Electronics Cyclically Adjusted Book per Share Chart

Methode Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.23 12.38 12.32 17.05 18.36

Methode Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 17.54 18.36 18.37 19.94 20.55

Competitive Comparison of Methode Electronics's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Methode Electronics'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.


Methode Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Methode Electronics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Methode Electronics 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, Methode Electronics's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=21.605/130.1244*130.1244
=21.605

Current CPI (Jan. 2024) = 130.1244.

Methode Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201404 7.482 100.023 9.734
201407 7.894 100.520 10.219
201410 8.692 100.176 11.291
201501 9.668 98.604 12.759
201504 11.053 99.824 14.408
201507 11.102 100.691 14.347
201510 10.863 100.346 14.087
201601 10.906 99.957 14.197
201604 11.243 100.947 14.493
201607 11.900 101.524 15.252
201610 12.178 101.988 15.538
201701 12.978 102.456 16.483
201704 13.723 103.167 17.309
201707 13.882 103.278 17.491
201710 14.019 104.070 17.529
201801 13.513 104.578 16.814
201804 13.933 105.708 17.151
201807 14.631 106.324 17.906
201810 15.132 106.695 18.455
201901 15.965 106.200 19.562
201904 16.596 107.818 20.029
201907 17.178 108.250 20.649
201910 17.855 108.577 21.398
202001 18.775 108.841 22.446
202004 19.431 108.173 23.374
202007 18.865 109.318 22.456
202010 19.283 109.861 22.840
202101 19.168 110.364 22.600
202104 20.039 112.673 23.143
202107 20.693 115.183 23.377
202110 21.198 116.696 23.637
202201 21.936 118.619 24.064
202204 22.107 121.978 23.583
202207 24.442 125.002 25.444
202210 25.230 125.734 26.111
202301 24.279 126.223 25.029
202304 23.978 127.992 24.377
202307 23.382 128.974 23.591
202310 22.420 129.810 22.474
202401 21.605 130.124 21.605

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


Methode Electronics  (STU:ME5A) 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.

Methode Electronics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.70/20.55
=0.52

* 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 Methode Electronics was 5.47. The lowest was 0.50. And the median was 3.01.


Be Aware

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


Methode Electronics Cyclically Adjusted Book per Share Related Terms

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


Methode Electronics (STU:ME5A) Business Description

Industry
Traded in Other Exchanges
Address
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.

Methode Electronics (STU:ME5A) Headlines

No Headlines