GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Brunswick Corp (NYSE:BC) » Definitions » Cyclically Adjusted Book per Share

Brunswick (Brunswick) Cyclically Adjusted Book per Share : $22.72 (As of Mar. 2024)


View and export this data going back to 1925. Start your Free Trial

What is Brunswick 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.

Brunswick's adjusted book value per share for the three months ended in Mar. 2024 was $30.177. 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 $22.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brunswick's average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.10% 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 Brunswick was 20.90% per year. The lowest was -7.50% per year. And the median was 3.60% per year.

As of today (2024-05-15), Brunswick's current stock price is $84.15. Brunswick's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $22.72. Brunswick's Cyclically Adjusted PB Ratio of today is 3.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brunswick was 8.69. The lowest was 2.29. And the median was 4.62.


Brunswick Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brunswick'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.

Brunswick Cyclically Adjusted Book per Share Chart

Brunswick 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 10.92 12.64 15.71 19.29 22.34

Brunswick 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 20.29 21.19 22.02 22.34 22.72

Competitive Comparison of Brunswick's Cyclically Adjusted Book per Share

For the Recreational Vehicles subindustry, Brunswick'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.


Brunswick's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Brunswick's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Brunswick 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, Brunswick'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)
=30.177/129.4194*129.4194
=30.177

Current CPI (Mar. 2024) = 129.4194.

Brunswick Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.795 100.560 16.467
201409 13.763 100.428 17.736
201412 12.638 99.070 16.510
201503 12.913 99.621 16.775
201506 13.744 100.684 17.667
201509 14.140 100.392 18.229
201512 14.109 99.792 18.298
201603 14.389 100.470 18.535
201606 15.371 101.688 19.563
201609 15.970 101.861 20.291
201612 16.123 101.863 20.485
201703 16.490 102.862 20.747
201706 17.435 103.349 21.833
201709 17.906 104.136 22.254
201712 16.940 104.011 21.078
201803 16.967 105.290 20.855
201806 17.294 106.317 21.052
201809 17.963 106.507 21.827
201812 18.242 105.998 22.273
201903 17.538 107.251 21.163
201906 17.941 108.070 21.485
201909 17.210 108.329 20.561
201912 16.349 108.420 19.516
202003 16.479 108.902 19.584
202006 17.241 108.767 20.515
202009 18.595 109.815 21.915
202012 19.390 109.897 22.835
202103 21.075 111.754 24.406
202106 22.816 114.631 25.759
202109 23.980 115.734 26.816
202112 24.881 117.630 27.375
202203 25.936 121.301 27.672
202206 26.917 125.017 27.865
202209 27.557 125.227 28.480
202212 28.618 125.222 29.577
202303 29.094 127.348 29.567
202306 30.018 128.729 30.179
202309 30.256 129.860 30.153
202312 30.595 129.419 30.595
202403 30.177 129.419 30.177

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


Brunswick  (NYSE:BC) 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.

Brunswick's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=84.15/22.72
=3.70

* 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 Brunswick was 8.69. The lowest was 2.29. And the median was 4.62.


Be Aware

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


Brunswick Cyclically Adjusted Book per Share Related Terms

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


Brunswick (Brunswick) Business Description

Industry
Traded in Other Exchanges
Address
26125 N. Riverwoods Boulevard, Suite 500, Mettawa, IL, USA, 60045-3420
Brunswick is a leading manufacturer in the marine recreation industry. The company has more than 60 brands delivering products across propulsion (outboard, sterndrive, and inboard engines, propulsion-related controls, rigging, and propellers), parts, accessories, and technology, and boats (including well-known brands like Boston Whaler and Sea Ray). It also owns numerous Freedom Boat Club (shared ownership) locations as well as Boateka, which facilitates transactions in the used boat market. Brunswick's focus surrounds building the innovative marine and recreational experiences, technologies, and connections supported by quality and innovation.
Executives
Nancy E Cooper director 26 CHERRY TREE LANE, RIVERSIDE CT 06878
David V Singer director 13024 BALLANTYNE CORPORATE PL, SUITE 900, CHARLOTTE NC 28277
Brenna Preisser officer: V.P. & CHIEF HR OFFICER C/O BRUNSWICK CORPORATION, 1 N. FIELD COURT, LAKE FOREST IL 60045
David M Foulkes officer: VP&Pres Marine Cons Solutions C/O BRUNSWICK CORPORATION, 26125 N RIVERWOOD BLVD. SUITE 500, METTAWA IL 60045-3420
Ryan M Gwillim officer: Senior Vice President & CFO C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD #500, METTAWA IL 60045
Christopher F Dekker officer: V.P. GEN COUNSEL & SECRETARY BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
John G Buelow officer: EVP & President Mercury Marine 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Randall S Altman officer: Vice President and Controller C/O BRUNSWICK CORPORATION, 26125 N RIVERWOODS BLVD, METTAWA IL 60045
Jill Wrobel officer: EVP Chief Human Resources Off C/OBRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Reginald Fils-aime director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Aine Denari officer: VP, President Boat Group C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Brett A Dibkey officer: Vice President C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
William Metzger officer: VICE PRESIDENT AND TREASURER C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Christopher Drees officer: PRESIDENT - MERCURY MARINE C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD SUITE 500, METTAWA IL 60045