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Lenzing AG (WBO:LNZ) Cyclically Adjusted Book per Share : €57.40 (As of Dec. 2024)


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What is Lenzing 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.

Lenzing AG's adjusted book value per share for the three months ended in Dec. 2024 was €33.917. 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 €57.40 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Lenzing AG's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 Lenzing AG was 10.00% per year. The lowest was 6.10% per year. And the median was 7.70% per year.

As of today (2025-05-09), Lenzing AG's current stock price is €28.80. Lenzing AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €57.40. Lenzing AG's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lenzing AG was 4.80. The lowest was 0.40. And the median was 1.63.


Lenzing AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lenzing 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.

Lenzing AG Cyclically Adjusted Book per Share Chart

Lenzing 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 43.49 48.10 54.72 57.55 57.40

Lenzing AG 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 57.55 57.75 57.60 57.00 57.40

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

For the Textile Manufacturing subindustry, Lenzing 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.


Lenzing AG's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Lenzing 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, Lenzing AG'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)
=33.917/135.2728*135.2728
=33.917

Current CPI (Dec. 2024) = 135.2728.

Lenzing AG Quarterly Data

Book Value per Share CPI Adj_Book
201503 35.120 99.992 47.512
201506 35.796 100.492 48.185
201509 37.098 100.292 50.038
201512 38.607 100.692 51.866
201603 39.905 100.692 53.610
201606 39.292 101.092 52.577
201609 41.322 101.192 55.239
201612 44.029 102.092 58.339
201703 46.341 102.592 61.103
201706 44.841 102.991 58.896
201709 46.753 103.591 61.051
201712 48.648 104.291 63.100
201803 50.160 104.491 64.936
201806 47.365 105.091 60.968
201809 48.954 105.691 62.656
201812 49.486 106.291 62.979
201903 51.277 106.391 65.197
201906 47.949 106.791 60.737
201909 49.494 106.991 62.577
201912 49.857 108.091 62.395
202003 45.550 108.024 57.040
202006 43.553 107.915 54.594
202009 40.785 108.348 50.920
202012 57.104 109.321 70.660
202103 59.199 110.186 72.677
202106 61.907 110.943 75.483
202109 63.278 111.916 76.484
202112 61.936 113.971 73.512
202203 63.851 117.647 73.417
202206 61.232 120.567 68.701
202209 63.212 123.811 69.064
202212 57.335 125.541 61.780
202303 54.625 128.460 57.522
202306 41.918 130.191 43.554
202309 50.647 131.272 52.191
202312 37.298 132.570 38.059
202403 35.380 133.759 35.780
202406 34.248 134.083 34.552
202409 31.775 133.651 32.161
202412 33.917 135.273 33.917

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


Lenzing AG  (WBO:LNZ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.80/57.40
=0.50

* 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 Lenzing AG was 4.80. The lowest was 0.40. And the median was 1.63.


Be Aware

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


Lenzing AG Cyclically Adjusted Book per Share Related Terms

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


Lenzing AG Business Description

Traded in Other Exchanges
Address
Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.
Executives
Stephan Sielaff Board of Directors
Dr. Franz Gasselsberger Supervisory Board
Georg Liftinger Supervisory Board
Dr. Christian Bruch Supervisory Board
Daniela Födinger Supervisory Board
Patrick Prügger Supervisory Board

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