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Schaffner Holding AG (STU:SFRN) Cyclically Adjusted Book per Share : €72.29 (As of Mar. 2023)


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What is Schaffner Holding AG 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.

Schaffner Holding AG's adjusted book value per share data for the fiscal year that ended in Sep. 2022 was €114.962. 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 €72.29 for the trailing ten years ended in Sep. 2022.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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 Schaffner Holding AG was 2.60% per year. The lowest was -0.30% per year. And the median was 1.60% per year.

As of today (2024-04-30), Schaffner Holding AG's current stock price is € 200.00. Schaffner Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep. 2022 was €72.29. Schaffner Holding AG's Cyclically Adjusted PB Ratio of today is 2.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Schaffner Holding AG was 5.20. The lowest was 1.43. And the median was 2.98.


Schaffner Holding AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Schaffner Holding AG'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.

Schaffner Holding AG Cyclically Adjusted Book per Share Chart

Schaffner Holding AG Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.46 87.19 99.00 65.23 72.29

Schaffner Holding AG Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 - 65.23 - 72.29 -

Competitive Comparison of Schaffner Holding AG's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Schaffner Holding AG'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.


Schaffner Holding AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Schaffner Holding AG 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, Schaffner Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Sep. 2022 was:

Adj_Book=Book Value per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=114.962/104.8348*104.8348
=114.962

Current CPI (Sep. 2022) = 104.8348.

Schaffner Holding AG Annual Data

Book Value per Share CPI Adj_Book
201309 74.571 101.336 77.146
201409 87.237 101.247 90.329
201509 72.721 99.785 76.401
201609 66.532 99.604 70.026
201709 74.684 100.254 78.097
201809 82.397 101.246 85.318
201909 91.620 101.396 94.728
202009 83.491 100.585 87.019
202109 98.718 101.533 101.929
202209 114.962 104.835 114.962

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


Schaffner Holding AG  (STU:SFRN) 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.

Schaffner Holding AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=200.00/72.29
=2.77

* 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 Schaffner Holding AG was 5.20. The lowest was 1.43. And the median was 2.98.


Be Aware

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


Schaffner Holding AG Cyclically Adjusted Book per Share Related Terms

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


Schaffner Holding AG (STU:SFRN) Business Description

Traded in Other Exchanges
Address
Nordstrasse 11e, Luterbach, CHE, 4542
Schaffner Holding AG is engaged in the development and production of solutions which ensure the operation of electronic systems. The company's portfolio includes EMC/EMI components, power quality filters and othe related services. It is organized into three business segments - Electromagnetic Compatibility (EMC), Power Magnetics (PM) and Automotive (AM). EMC segment develops and manufactures standard and custom components that protect power electronic systems from line interference; PM segment develops and manufactures components to ensure the reliable operation of power electronic systems; and AM segment supports automobile manufacturers and system suppliers with its specialized EMC expertise. The majority of its revenue is derived from EMC segment.

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