GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Regal Rexnord Corp (STU:RB8) » Definitions » Cyclically Adjusted Book per Share

Regal Rexnord (STU:RB8) Cyclically Adjusted Book per Share : €66.37 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Regal Rexnord 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.

Regal Rexnord's adjusted book value per share for the three months ended in Mar. 2024 was €86.525. 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 €66.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Regal Rexnord's average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 Regal Rexnord was 13.10% per year. The lowest was 6.40% per year. And the median was 10.40% per year.

As of today (2024-06-10), Regal Rexnord's current stock price is €127.00. Regal Rexnord's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €66.37. Regal Rexnord's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Regal Rexnord was 3.08. The lowest was 1.17. And the median was 1.94.


Regal Rexnord Cyclically Adjusted Book per Share Historical Data

The historical data trend for Regal Rexnord'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.

Regal Rexnord Cyclically Adjusted Book per Share Chart

Regal Rexnord 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 42.73 40.98 50.62 60.86 64.38

Regal Rexnord 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 61.74 61.93 67.08 64.38 66.37

Competitive Comparison of Regal Rexnord's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Regal Rexnord'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.


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

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

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



Regal Rexnord 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, Regal Rexnord'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)
=86.525/131.7762*131.7762
=86.525

Current CPI (Mar. 2024) = 131.7762.

Regal Rexnord Quarterly Data

Book Value per Share CPI Adj_Book
201406 35.021 100.560 45.893
201409 36.996 100.428 48.544
201412 35.096 99.070 46.682
201503 40.126 99.621 53.078
201506 39.618 100.684 51.852
201509 39.478 100.392 51.820
201512 39.786 99.792 52.538
201603 40.157 100.470 52.670
201606 39.971 101.688 51.798
201609 41.026 101.861 53.075
201612 43.142 101.863 55.811
201703 44.509 102.862 57.020
201706 44.017 103.349 56.124
201709 42.975 104.136 54.382
201712 44.358 104.011 56.199
201803 44.035 105.290 55.112
201806 45.457 106.317 56.342
201809 46.059 106.507 56.987
201812 47.452 105.998 58.992
201903 49.934 107.251 61.353
201906 50.353 108.070 61.399
201909 51.090 108.329 62.148
201912 51.863 108.420 63.035
202003 50.738 108.902 61.395
202006 50.723 108.767 61.453
202009 50.645 109.815 60.773
202012 51.515 109.897 61.771
202103 53.433 111.754 63.006
202106 54.354 114.631 62.483
202109 56.280 115.734 64.081
202112 83.394 117.630 93.423
202203 86.513 121.301 93.984
202206 89.290 125.017 94.118
202209 93.817 125.227 98.724
202212 91.095 125.222 95.863
202303 90.450 127.348 93.595
202306 89.241 128.729 91.354
202309 87.188 129.860 88.475
202312 87.748 129.419 89.346
202403 86.525 131.776 86.525

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


Regal Rexnord  (STU:RB8) 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.

Regal Rexnord's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=127.00/66.37
=1.91

* 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 Regal Rexnord was 3.08. The lowest was 1.17. And the median was 1.94.


Be Aware

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


Regal Rexnord Cyclically Adjusted Book per Share Related Terms

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


Regal Rexnord (STU:RB8) Business Description

Industry
Traded in Other Exchanges
Address
200 State Street, Beloit, WI, USA, 53511
Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions and Motion Control Solutions.

Regal Rexnord (STU:RB8) Headlines

No Headlines