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ULH (Universal Logistics Holdings) Cyclically Adjusted Book per Share : $12.56 (As of Mar. 2025)


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What is Universal Logistics Holdings 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.

Universal Logistics Holdings's adjusted book value per share for the three months ended in Mar. 2025 was $24.550. 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 $12.56 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Universal Logistics Holdings's average Cyclically Adjusted Book Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 Universal Logistics Holdings was 18.80% per year. The lowest was -4.00% per year. And the median was -2.00% per year.

As of today (2025-07-24), Universal Logistics Holdings's current stock price is $27.39. Universal Logistics Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $12.56. Universal Logistics Holdings's Cyclically Adjusted PB Ratio of today is 2.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Universal Logistics Holdings was 5.20. The lowest was 1.46. And the median was 2.93.


Universal Logistics Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Universal Logistics Holdings'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.

Universal Logistics Holdings Cyclically Adjusted Book per Share Chart

Universal Logistics Holdings 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 6.75 7.13 8.06 9.85 11.94

Universal Logistics Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.47 10.98 11.47 11.94 12.56

Competitive Comparison of Universal Logistics Holdings's Cyclically Adjusted Book per Share

For the Trucking subindustry, Universal Logistics Holdings'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.


Universal Logistics Holdings's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Universal Logistics Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Universal Logistics Holdings 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, Universal Logistics Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.55/134.9266*134.9266
=24.550

Current CPI (Mar. 2025) = 134.9266.

Universal Logistics Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.104 100.684 6.840
201509 4.361 100.392 5.861
201512 4.616 99.792 6.241
201603 4.799 100.470 6.445
201606 5.046 101.688 6.695
201609 5.136 101.861 6.803
201612 5.196 101.863 6.883
201703 5.327 102.862 6.988
201706 5.316 103.349 6.940
201709 5.149 104.136 6.671
201712 5.946 104.011 7.713
201803 6.318 105.290 8.096
201806 6.789 106.317 8.616
201809 7.216 106.507 9.141
201812 7.375 105.998 9.388
201903 7.774 107.251 9.780
201906 8.363 108.070 10.441
201909 7.254 108.329 9.035
201912 7.522 108.420 9.361
202003 7.750 108.902 9.602
202006 8.045 108.767 9.980
202009 8.456 109.815 10.390
202012 8.902 109.897 10.929
202103 9.650 111.754 11.651
202106 10.472 114.631 12.326
202109 10.692 115.734 12.465
202112 11.227 117.630 12.878
202203 12.513 121.301 13.919
202206 13.965 125.017 15.072
202209 15.793 125.227 17.016
202212 17.008 125.222 18.326
202303 17.817 127.348 18.877
202306 18.616 128.729 19.512
202309 19.409 129.860 20.166
202312 20.248 129.419 21.110
202403 22.188 131.776 22.718
202406 23.137 132.554 23.551
202409 23.975 133.029 24.317
202412 24.586 133.157 24.913
202503 24.550 134.927 24.550

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


Universal Logistics Holdings  (NAS:ULH) 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.

Universal Logistics Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.39/12.56
=2.18

* 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 Universal Logistics Holdings was 5.20. The lowest was 1.46. And the median was 2.93.


Be Aware

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


Universal Logistics Holdings Cyclically Adjusted Book per Share Related Terms

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


Universal Logistics Holdings Business Description

Traded in Other Exchanges
N/A
Address
12755 East Nine Mile Road, Warren, MI, USA, 48089
Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The company reports into four segments namely trucking, intermodal, company-managed brokerage, and contract logistics. The majority of the revenue is earned from the contract logistics segment.
Executives
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
Michael A. Regan director 360 W. BUTTERFIELD ROAD, SUITE 400, ELMURST IL 60126
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Marcus D. Hudson director 12755 E. NINE MILE ROAD, WARREN MI 48089
Richard P Urban director C/O UNIVERSAL TRUCKLOAD SERVICES, INC., 11355 STEPHENS ROAD, WARREN MI 48089
Nora M. Moroun 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Timothy Phillips director, officer: Chief Executive Officer 12755 E. NINE MILE ROAD, WARREN MI 48089
Jeff Rogers director, officer: Chief Executive Officer 720 SPYGLASS HILL, HOLLAND MI 49424
H.e. Wolfe director 11355 STEPHENS ROAD, WARREN MI 48089
Clarence W Gooden director
Grant Edward Belanger director 12755 EAST NINE MILE ROAD, WARREN MI 48089
Jude Marcus Beres officer: Chief Financial Officer 12755 E. NINE MILE ROAD, WARREN MI 48089
David A. Crittenden officer: Chief Financial Officer 11355 STEPHENS ROAD, WARREN MI 48089
Manuel J Moroun director, 10 percent owner CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089