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Andritz AG (WBO:ANDR) Cyclically Adjusted Book per Share : €17.57 (As of Mar. 2025)


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What is Andritz 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.

Andritz AG's adjusted book value per share for the three months ended in Mar. 2025 was €21.710. 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 €17.57 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Andritz AG's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 Andritz AG was 11.90% per year. The lowest was 5.80% per year. And the median was 9.70% per year.

As of today (2025-06-25), Andritz AG's current stock price is €60.10. Andritz AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €17.57. Andritz AG's Cyclically Adjusted PB Ratio of today is 3.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Andritz AG was 6.48. The lowest was 2.38. And the median was 3.62.


Andritz AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Andritz 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.

Andritz AG Cyclically Adjusted Book per Share Chart

Andritz AG 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 11.24 12.22 14.14 15.76 17.06

Andritz AG 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 16.14 16.42 16.61 17.06 17.57

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

For the Industrial Distribution subindustry, Andritz 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.


Andritz AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

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

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


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Andritz 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, Andritz AG'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)
=21.71/137.6516*137.6516
=21.710

Current CPI (Mar. 2025) = 137.6516.

Andritz AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.028 100.492 13.736
201509 10.206 100.292 14.008
201512 11.708 100.692 16.006
201603 10.422 100.692 14.248
201606 11.031 101.092 15.020
201609 11.656 101.192 15.856
201612 13.007 102.092 17.538
201703 11.853 102.592 15.904
201706 12.290 102.991 16.426
201709 12.468 103.591 16.567
201712 12.872 104.291 16.989
201803 11.542 104.491 15.205
201806 11.978 105.091 15.689
201809 12.341 105.691 16.073
201812 13.026 106.291 16.869
201903 11.778 106.391 15.239
201906 11.758 106.791 15.156
201909 11.220 106.991 14.435
201912 12.082 108.091 15.386
202003 11.881 108.024 15.140
202006 12.076 107.915 15.404
202009 11.888 108.348 15.103
202012 12.670 109.321 15.953
202103 12.434 110.186 15.533
202106 13.510 110.943 16.762
202109 14.255 111.916 17.533
202112 15.874 113.971 19.172
202203 17.320 117.647 20.265
202206 16.926 120.567 19.324
202209 18.731 123.811 20.825
202212 18.691 125.541 20.494
202303 17.768 128.460 19.039
202306 19.074 130.191 20.167
202309 20.320 131.272 21.308
202312 21.950 132.570 22.791
202403 20.541 133.759 21.139
202406 21.616 134.083 22.191
202409 22.340 133.651 23.009
202412 23.345 135.273 23.756
202503 21.710 137.652 21.710

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


Andritz AG  (WBO:ANDR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.10/17.57
=3.42

* 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 Andritz AG was 6.48. The lowest was 2.38. And the median was 3.62.


Be Aware

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


Andritz AG Cyclically Adjusted Book per Share Related Terms

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


Andritz AG Business Description

Industry
Address
Stattegger Strasse 18, Graz, AUT, 8045
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, and board; ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service; ANDRITZ Hydropower includes suppliers of electromechanical equipment and services for hydropower stations; and ANDRITZ Environment & Energy provides sustainable technologies for industries, including green hydrogen, carbon capture, solid/liquid separation, and renewable fuels. It generates the majority of its revenue from the ANDRITZ Pulp & Paper segment.
Executives
Prof. Elisabeth Stadler Supervisory Board
Frédéric Sauze Board of Directors