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Badger Meter (Badger Meter) Cyclically Adjusted Book per Share : $13.03 (As of Mar. 2024)


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What is Badger Meter 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.

Badger Meter's adjusted book value per share for the three months ended in Mar. 2024 was $18.220. 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 $13.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Badger Meter's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 Badger Meter was 13.00% per year. The lowest was 2.90% per year. And the median was 9.50% per year.

As of today (2024-04-27), Badger Meter's current stock price is $185.52. Badger Meter's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.03. Badger Meter's Cyclically Adjusted PB Ratio of today is 14.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Badger Meter was 14.24. The lowest was 4.97. And the median was 6.94.


Badger Meter Cyclically Adjusted Book per Share Historical Data

The historical data trend for Badger Meter'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.

Badger Meter Cyclically Adjusted Book per Share Chart

Badger Meter 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 8.28 8.96 10.22 11.58 12.80

Badger Meter 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 11.98 12.31 12.63 12.80 13.03

Competitive Comparison of Badger Meter's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Badger Meter'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.


Badger Meter's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Badger Meter's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Badger Meter 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, Badger Meter'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)
=18.22/129.4194*129.4194
=18.220

Current CPI (Mar. 2024) = 129.4194.

Badger Meter Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.159 100.560 9.214
201409 7.412 100.428 9.552
201412 7.411 99.070 9.681
201503 7.455 99.621 9.685
201506 7.704 100.684 9.903
201509 7.904 100.392 10.189
201512 7.996 99.792 10.370
201603 8.205 100.470 10.569
201606 8.451 101.688 10.756
201609 8.674 101.861 11.021
201612 8.799 101.863 11.179
201703 8.960 102.862 11.273
201706 9.254 103.349 11.588
201709 9.416 104.136 11.702
201712 9.528 104.011 11.856
201803 9.642 105.290 11.852
201806 9.908 106.317 12.061
201809 10.141 106.507 12.323
201812 10.423 105.998 12.726
201903 10.600 107.251 12.791
201906 10.869 108.070 13.016
201909 11.117 108.329 13.281
201912 11.370 108.420 13.572
202003 11.530 108.902 13.702
202006 11.716 108.767 13.941
202009 12.073 109.815 14.228
202012 12.394 109.897 14.596
202103 12.677 111.754 14.681
202106 13.088 114.631 14.776
202109 13.396 115.734 14.980
202112 13.780 117.630 15.161
202203 14.004 121.301 14.941
202206 14.219 125.017 14.720
202209 14.447 125.227 14.931
202212 15.103 125.222 15.609
202303 15.625 127.348 15.879
202306 16.222 128.729 16.309
202309 16.789 129.860 16.732
202312 17.599 129.419 17.599
202403 18.220 129.419 18.220

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


Badger Meter  (NYSE:BMI) 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.

Badger Meter's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=185.52/13.03
=14.24

* 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 Badger Meter was 14.24. The lowest was 4.97. And the median was 6.94.


Be Aware

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


Badger Meter Cyclically Adjusted Book per Share Related Terms

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


Badger Meter (Badger Meter) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Badger Meter Inc (NYSE:BMI) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.
Executives
Todd A. Adams director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Kimberly K Stoll officer: VP-Marketing 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Fred J Begale officer: VP-Engineering 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Richard Htwe officer: VP-Global Operations 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Lars Bo Kristensen officer: VP-Global Flow and Intl Water 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Bergum William R A officer: VP-Gen. Counsel and Secretary P O BOX 245036, 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Xia Liu director ONE ENERGY PLACE, PENSACOLA FL 32520
Gregory M Gomez officer: VP-Engineering 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Melanie K. Cook director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Matthew L Stuyvenberg officer: Vice President-Water Quality 4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Henry F Brooks director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Gail A Lione director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Sheryl Hopkins officer: VP - Human Resources 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Richard A Meeusen director, officer: President & CEO, other: Co-trustee, Officers Voting Tr P O BOX 23099, MILWAUKEE WI 532230099
James W Mcgill director 8550 MOSLEY ROAD, HOUSTON TX 77075

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