GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Rosenbauer International AG (WBO:ROS) » Definitions » Cyclically Adjusted Book per Share

Rosenbauer International AG (WBO:ROS) Cyclically Adjusted Book per Share : €35.37 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Rosenbauer International 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.

Rosenbauer International AG's adjusted book value per share for the three months ended in Dec. 2023 was €26.602. 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 €35.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rosenbauer International AG's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Rosenbauer International AG was 9.10% per year. The lowest was 4.20% per year. And the median was 7.35% per year.

As of today (2024-05-15), Rosenbauer International AG's current stock price is €31.00. Rosenbauer International AG's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €35.37. Rosenbauer International AG's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rosenbauer International AG was 2.27. The lowest was 0.78. And the median was 1.39.


Rosenbauer International AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rosenbauer International 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.

Rosenbauer International AG Cyclically Adjusted Book per Share Chart

Rosenbauer International 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 26.29 28.16 30.74 34.10 35.37

Rosenbauer International AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 34.10 34.84 35.21 35.34 35.37

Competitive Comparison of Rosenbauer International AG's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Rosenbauer International 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.


Rosenbauer International AG's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Rosenbauer International AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rosenbauer International 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, Rosenbauer International AG's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=26.602/132.0288*132.0288
=26.602

Current CPI (Dec. 2023) = 132.0288.

Rosenbauer International AG Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.236 99.044 33.641
201406 25.262 99.496 33.522
201409 25.562 99.586 33.890
201412 25.657 99.676 33.985
201503 23.174 99.992 30.599
201506 26.061 100.492 34.240
201509 27.124 100.292 35.707
201512 28.779 100.692 37.736
201603 29.453 100.692 38.619
201606 28.805 101.092 37.620
201609 29.152 101.192 38.036
201612 30.744 102.092 39.759
201703 30.168 102.592 38.824
201706 29.608 102.991 37.956
201709 30.312 103.591 38.633
201712 30.622 104.291 38.766
201803 28.997 104.491 36.639
201806 28.423 105.091 35.709
201809 28.859 105.691 36.050
201812 30.671 106.291 38.098
201903 30.372 106.391 37.691
201906 29.015 106.791 35.872
201909 29.637 106.991 36.573
201912 27.882 108.091 34.057
202003 32.646 108.024 39.901
202006 31.552 107.915 38.602
202009 33.357 108.348 40.648
202012 31.030 109.321 37.475
202103 36.669 110.186 43.938
202106 35.507 110.943 42.255
202109 35.266 111.916 41.604
202112 30.412 113.971 35.231
202203 28.690 117.647 32.197
202206 27.894 120.567 30.546
202209 25.487 123.811 27.179
202212 27.070 125.541 28.469
202303 26.184 128.461 26.911
202306 25.713 130.191 26.076
202309 24.974 131.272 25.118
202312 26.602 132.029 26.602

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


Rosenbauer International AG  (WBO:ROS) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.00/35.37
=0.88

* 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 Rosenbauer International AG was 2.27. The lowest was 0.78. And the median was 1.39.


Be Aware

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


Rosenbauer International AG Cyclically Adjusted Book per Share Related Terms

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


Rosenbauer International AG (WBO:ROS) Business Description

Traded in Other Exchanges
Address
Paschinger Strasse 90, Leonding, AUT, 4060
Rosenbauer International AG manufactures firefighting and disaster protection technology. It develops and produces vehicles, fire extinguishing systems, stationary, equipment and mobile fire extinguishing systems, fire services, and industrial firefighting. Group has service and sales networks in over 100 countries and the countries are Austria, the USA, Germany, Saudi Arabia, and the Rest of the world. It operates into the following segments namely, CEEU; NISA; MENA; APAC; NOMA, and PFP.

Rosenbauer International AG (WBO:ROS) Headlines

No Headlines