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Linamar (TSX:LNR) Cyclically Adjusted Book per Share : C$68.97 (As of Dec. 2024)


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What is Linamar 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.

Linamar's adjusted book value per share for the three months ended in Dec. 2024 was C$89.138. 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 C$68.97 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Linamar's average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.70% 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 Linamar was 17.80% per year. The lowest was 5.80% per year. And the median was 12.20% per year.

As of today (2025-04-25), Linamar's current stock price is C$50.62. Linamar's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was C$68.97. Linamar's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Linamar was 5.31. The lowest was 0.69. And the median was 1.62.


Linamar Cyclically Adjusted Book per Share Historical Data

The historical data trend for Linamar'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.

Linamar Cyclically Adjusted Book per Share Chart

Linamar Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.48 45.65 54.03 61.84 68.97

Linamar Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 61.84 63.93 66.10 67.53 68.97

Competitive Comparison of Linamar's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Linamar'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.


Linamar's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linamar's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Linamar 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, Linamar's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=89.138/127.3637*127.3637
=89.138

Current CPI (Dec. 2024) = 127.3637.

Linamar Quarterly Data

Book Value per Share CPI Adj_Book
201503 28.362 99.789 36.199
201506 29.927 100.500 37.926
201509 32.818 100.421 41.623
201512 34.656 99.947 44.162
201603 35.323 101.054 44.520
201606 36.633 102.002 45.742
201609 38.536 101.765 48.230
201612 39.693 101.449 49.833
201703 42.261 102.634 52.444
201706 44.713 103.029 55.274
201709 45.418 103.345 55.974
201712 47.630 103.345 58.700
201803 51.935 105.004 62.994
201806 53.711 105.557 64.807
201809 54.424 105.636 65.618
201812 58.190 105.399 70.317
201903 59.208 106.979 70.490
201906 60.257 107.690 71.265
201909 60.611 107.611 71.736
201912 61.769 107.769 73.000
202003 64.276 107.927 75.851
202006 62.849 108.401 73.843
202009 64.830 108.164 76.337
202012 66.515 108.559 78.037
202103 67.295 110.298 77.707
202106 68.648 111.720 78.261
202109 69.999 112.905 78.963
202112 70.263 113.774 78.656
202203 70.956 117.646 76.817
202206 72.376 120.806 76.305
202209 74.966 120.648 79.139
202212 77.670 120.964 81.779
202303 81.295 122.702 84.383
202306 82.463 124.203 84.561
202309 84.158 125.230 85.592
202312 86.429 125.072 88.012
202403 89.212 126.258 89.994
202406 90.961 127.522 90.848
202409 93.543 127.285 93.601
202412 89.138 127.364 89.138

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


Linamar  (TSX:LNR) 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.

Linamar's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.62/68.97
=0.73

* 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 Linamar was 5.31. The lowest was 0.69. And the median was 1.62.


Be Aware

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


Linamar Cyclically Adjusted Book per Share Related Terms

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


Linamar Business Description

Industry
Traded in Other Exchanges
Address
287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5
Linamar Corp is a diversified world-wide manufacturing company of highly engineered products. The company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.
Executives
Mark Stoddart Director, Senior Officer
Linda Hasenfratz Director, Senior Officer
Linamar Corporation Issuer
Michael Willard Russell Senior Officer
Dale Schneider Senior Officer
Elliot Burger Deemed Insider - 6 Months before becoming Insider
Christopher John Merchant Senior Officer
Roxanne Phyllis Rose Senior Officer
Ronald Dale Bennett Senior Officer
Brian Wade Senior Officer
Alexander Drolc Senior Officer
Geoffrey Joseph Gray Deemed Insider - 6 Months before becoming Insider
Roger Fulton Senior Officer
Steven Keith Bowman Senior Officer
Kiera Katherine Andrew Young Senior Officer

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