GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SGL Carbon SE (WBO:SGL) » Definitions » Cyclically Adjusted Book per Share

SGL Carbon SE (WBO:SGL) Cyclically Adjusted Book per Share : €4.27 (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is SGL Carbon SE 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.

SGL Carbon SE's adjusted book value per share for the three months ended in Mar. 2025 was €4.467. 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 €4.27 for the trailing ten years ended in Mar. 2025.

During the past 12 months, SGL Carbon SE's average Cyclically Adjusted Book Growth Rate was -4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.30% 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 SGL Carbon SE was -7.40% per year. The lowest was -12.70% per year. And the median was -10.30% per year.

As of today (2025-05-25), SGL Carbon SE's current stock price is €3.465. SGL Carbon SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €4.27. SGL Carbon SE's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SGL Carbon SE was 1.90. The lowest was 0.29. And the median was 1.18.


SGL Carbon SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for SGL Carbon SE'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.

SGL Carbon SE Cyclically Adjusted Book per Share Chart

SGL Carbon SE 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 6.61 5.77 5.07 4.48 4.18

SGL Carbon SE 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 4.40 4.39 4.33 4.18 4.27

Competitive Comparison of SGL Carbon SE's Cyclically Adjusted Book per Share

For the Chemicals subindustry, SGL Carbon SE'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.


SGL Carbon SE's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SGL Carbon SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SGL Carbon SE's Cyclically Adjusted PB Ratio falls into.


;
;

SGL Carbon SE 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, SGL Carbon SE'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)
=4.467/127.7792*127.7792
=4.467

Current CPI (Mar. 2025) = 127.7792.

SGL Carbon SE Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.946 100.417 6.294
201509 4.543 100.417 5.781
201512 2.857 99.717 3.661
201603 2.376 100.017 3.036
201606 1.688 100.717 2.142
201609 1.000 101.017 1.265
201612 2.714 101.217 3.426
201703 2.771 101.417 3.491
201706 2.672 102.117 3.343
201709 2.656 102.717 3.304
201712 3.738 102.617 4.655
201803 4.073 102.917 5.057
201806 4.318 104.017 5.304
201809 4.454 104.718 5.435
201812 4.348 104.217 5.331
201903 4.371 104.217 5.359
201906 4.140 105.718 5.004
201909 3.348 106.018 4.035
201912 3.424 105.818 4.135
202003 3.626 105.718 4.383
202006 3.255 106.618 3.901
202009 3.042 105.818 3.673
202012 1.805 105.518 2.186
202103 2.209 107.518 2.625
202106 2.264 108.486 2.667
202109 2.522 109.435 2.945
202112 3.038 110.384 3.517
202203 3.461 113.968 3.880
202206 4.165 115.760 4.597
202209 4.604 118.818 4.951
202212 4.656 119.345 4.985
202303 4.715 122.402 4.922
202306 4.623 123.140 4.797
202309 4.900 124.195 5.041
202312 4.950 123.773 5.110
202403 5.115 125.038 5.227
202406 5.360 125.882 5.441
202409 5.202 126.198 5.267
202412 4.538 127.041 4.564
202503 4.467 127.779 4.467

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


SGL Carbon SE  (WBO:SGL) 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.

SGL Carbon SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.465/4.27
=0.81

* 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 SGL Carbon SE was 1.90. The lowest was 0.29. And the median was 1.18.


Be Aware

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


SGL Carbon SE Cyclically Adjusted Book per Share Related Terms

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


SGL Carbon SE Business Description

Industry
Traded in Other Exchanges
Address
Sohnleinstrasse 8, Wiesbaden, HE, DEU, 65201
SGL Carbon SE produces carbon and graphite-based products, operating through segments like Composite Solutions, Graphite Solutions, Process Technology, Carbon Fibers, and Corporate. Maximum revenue comes from the Graphite Solutions segment, offering graphite products for industrial applications and industries like semiconductors, energy, chemicals, and automotive. Process Technology specializes in constructing and repairing plants and equipment for the chemicals sector. The Carbon Fibers segment provides carbon fibers and related semi-finished products for wind energy and automotive uses. Composite Solutions delivers customized composite material components, mainly for the automotive sector. Geographically, the company generates maximum revenue from Germany, followed by other markets.

SGL Carbon SE Headlines

No Headlines