GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Vossloh AG (OTCPK:VOSSF) » Definitions » Cyclically Adjusted Book per Share

Vossloh AG (Vossloh AG) Cyclically Adjusted Book per Share : $41.56 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Vossloh 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.

Vossloh AG's adjusted book value per share for the three months ended in Mar. 2024 was $38.313. 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 $41.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vossloh AG's average Cyclically Adjusted Book Growth Rate was -2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.50% 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 Vossloh AG was 1.60% per year. The lowest was -2.20% per year. And the median was -0.50% per year.

As of today (2024-05-21), Vossloh AG's current stock price is $54.31. Vossloh AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $41.56. Vossloh AG's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vossloh AG was 1.46. The lowest was 0.77. And the median was 1.14.


Vossloh AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vossloh 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.

Vossloh AG Cyclically Adjusted Book per Share Chart

Vossloh AG 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 38.23 33.08 40.42 48.66 45.34

Vossloh AG 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 45.04 46.95 48.71 45.34 41.56

Competitive Comparison of Vossloh AG's Cyclically Adjusted Book per Share

For the Railroads subindustry, Vossloh 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.


Vossloh AG's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Vossloh 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, Vossloh AG'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)
=38.313/125.0381*125.0381
=38.313

Current CPI (Mar. 2024) = 125.0381.

Vossloh AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.573 99.543 48.453
201409 35.422 99.823 44.370
201412 29.612 99.543 37.196
201503 25.990 99.717 32.590
201506 27.582 100.417 34.345
201509 27.378 100.417 34.091
201512 32.647 99.717 40.937
201603 33.155 100.017 41.449
201606 38.175 100.717 47.394
201609 37.295 101.017 46.164
201612 35.198 101.217 43.482
201703 35.942 101.417 44.313
201706 37.851 102.117 46.347
201709 40.264 102.717 49.014
201712 38.347 102.617 46.726
201803 39.469 102.917 47.952
201806 36.677 104.017 44.089
201809 36.685 104.718 43.804
201812 36.515 104.217 43.810
201903 34.732 104.217 41.671
201906 33.369 105.718 39.467
201909 28.480 106.018 33.590
201912 24.937 105.818 29.467
202003 23.893 105.718 28.260
202006 24.043 106.618 28.197
202009 26.214 105.818 30.975
202012 27.463 105.518 32.544
202103 37.468 107.518 43.573
202106 37.220 108.486 42.899
202109 37.154 109.435 42.451
202112 35.981 110.384 40.758
202203 35.546 113.968 38.999
202206 33.908 115.760 36.626
202209 33.242 118.818 34.982
202212 36.060 119.345 37.780
202303 36.410 122.402 37.194
202306 36.714 123.140 37.280
202309 36.949 124.195 37.200
202312 37.898 123.773 38.285
202403 38.313 125.038 38.313

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


Vossloh AG  (OTCPK:VOSSF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.31/41.56
=1.31

* 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 Vossloh AG was 1.46. The lowest was 0.77. And the median was 1.14.


Be Aware

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


Vossloh AG Cyclically Adjusted Book per Share Related Terms

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


Vossloh AG (Vossloh AG) Business Description

Industry
Traded in Other Exchanges
Address
Vosslohstrasse 4, PO Box 1860, Werdohl, NW, DEU, 58791
Vossloh AG is a rail infrastructure manufacturer domiciled in Germany. The company organizes itself into three segments: customized modules (switch systems), core components, and life cycle solutions (rail solutions). The customized modules segment, which generates the majority of revenue, manufactures, installs, and maintains switch systems and monitoring equipment for rail networks. The core components segment, the next most significant segment, provides rail fastening systems and manufactures concrete railway ties. The life cycle solutions segment maintains, tracks, switches, and recycles old rails. The company derives the majority of revenue in Europe, with significant operations in Asia and the Americas.

Vossloh AG (Vossloh AG) Headlines

No Headlines