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Bilfinger SE (Bilfinger SE) Cyclically Adjusted Book per Share : $8.20 (As of Dec. 2023)


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What is Bilfinger 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.

Bilfinger SE's adjusted book value per share for the three months ended in Dec. 2023 was $6.826. 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 $8.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bilfinger SE's average Cyclically Adjusted Book Growth Rate was -3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.30% 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 Bilfinger SE was -0.80% per year. The lowest was -1.60% per year. And the median was -0.80% per year.

As of today (2024-04-29), Bilfinger SE's current stock price is $8.60. Bilfinger SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.20. Bilfinger SE's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bilfinger SE was 1.18. The lowest was 0.33. And the median was 0.76.


Bilfinger SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bilfinger 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.

Bilfinger SE Cyclically Adjusted Book per Share Chart

Bilfinger SE 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 8.46 9.04 8.65 8.53 8.20

Bilfinger SE 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 8.53 8.11 8.55 7.67 8.20

Competitive Comparison of Bilfinger SE's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Bilfinger 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.


Bilfinger SE's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bilfinger SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bilfinger 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, Bilfinger SE'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)
=6.826/123.6675*123.6675
=6.826

Current CPI (Dec. 2023) = 123.6675.

Bilfinger SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.575 99.543 16.865
201406 12.726 99.543 15.810
201409 11.115 99.823 13.770
201412 10.814 99.543 13.435
201503 9.713 99.717 12.046
201506 7.655 100.417 9.427
201509 7.171 100.417 8.831
201512 7.180 99.717 8.905
201603 6.661 100.017 8.236
201606 6.157 100.717 7.560
201609 8.373 101.017 10.250
201612 7.870 101.217 9.616
201703 7.742 101.417 9.441
201706 7.792 102.117 9.436
201709 0.000 102.717 0.000
201712 7.537 102.617 9.083
201803 7.369 102.917 8.855
201806 7.016 104.017 8.341
201809 6.892 104.718 8.139
201812 6.880 104.217 8.164
201903 6.841 104.217 8.118
201906 6.143 105.718 7.186
201909 5.957 106.018 6.949
201912 6.427 105.818 7.511
202003 6.168 105.718 7.215
202006 5.819 106.618 6.750
202009 5.875 105.818 6.866
202012 7.301 105.518 8.557
202103 7.403 107.518 8.515
202106 7.109 108.486 8.104
202109 7.072 109.435 7.992
202112 7.220 110.384 8.089
202203 7.221 113.968 7.836
202206 6.218 115.760 6.643
202209 5.679 118.818 5.911
202212 6.161 119.345 6.384
202303 6.195 122.402 6.259
202306 6.098 123.140 6.124
202309 6.271 124.195 6.244
202312 6.826 123.668 6.826

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


Bilfinger SE  (OTCPK:BFLBY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.60/8.2
=1.05

* 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 Bilfinger SE was 1.18. The lowest was 0.33. And the median was 0.76.


Be Aware

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


Bilfinger SE Cyclically Adjusted Book per Share Related Terms

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


Bilfinger SE (Bilfinger SE) Business Description

Industry
Traded in Other Exchanges
Address
Oskar-Meixner-Street 1, Mannheim, BW, DEU, 68163
Bilfinger SE is an international industrial services provider. It delivers customized engineering and services to customers in the chemical, pharmaceutical, energy, oil, and gas markets. Its product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. Bilfinger has three operating segments: Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies. A majority of the sales are derived from Europe, with Germany being an important region for the company.

Bilfinger SE (Bilfinger SE) Headlines

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