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Ennis (EBF) Cyclically Adjusted Book per Share : $13.65 (As of Feb. 2024)


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What is Ennis 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.

Ennis's adjusted book value per share for the three months ended in Feb. 2024 was $13.558. 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 $13.65 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Ennis's average Cyclically Adjusted Book Growth Rate was -1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.20% 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 Ennis was 11.10% per year. The lowest was -1.40% per year. And the median was 5.60% per year.

As of today (2024-05-16), Ennis's current stock price is $20.58. Ennis's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $13.65. Ennis's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ennis was 1.67. The lowest was 0.91. And the median was 1.41.


Ennis Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ennis'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.

Ennis Cyclically Adjusted Book per Share Chart

Ennis Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.33 13.15 13.66 13.92 13.65

Ennis Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 13.92 13.94 13.93 13.79 13.65

Competitive Comparison of Ennis's Cyclically Adjusted Book per Share

For the Business Equipment & Supplies subindustry, Ennis'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.


Ennis's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ennis's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ennis 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, Ennis's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=13.558/129.4194*129.4194
=13.558

Current CPI (Feb. 2024) = 129.4194.

Ennis Quarterly Data

Book Value per Share CPI Adj_Book
201405 14.122 100.373 18.209
201408 14.325 100.352 18.474
201411 11.322 99.635 14.707
201502 11.147 99.032 14.567
201505 11.283 100.333 14.554
201508 11.448 100.548 14.735
201511 11.710 100.135 15.135
201602 11.654 100.040 15.077
201605 11.214 101.355 14.319
201608 9.774 101.617 12.448
201611 9.748 101.829 12.389
201702 9.909 102.779 12.477
201705 9.974 103.256 12.501
201708 10.132 103.587 12.659
201711 10.282 104.072 12.786
201802 10.359 105.052 12.762
201805 10.502 106.148 12.804
201808 10.949 106.383 13.320
201811 11.080 106.338 13.485
201902 11.139 106.649 13.517
201905 11.251 108.048 13.476
201908 11.403 108.245 13.634
201911 11.593 108.519 13.826
202002 11.357 109.139 13.467
202005 11.289 108.175 13.506
202008 11.335 109.662 13.377
202011 11.450 109.793 13.497
202102 11.582 110.968 13.508
202105 11.692 113.576 13.323
202108 11.722 115.421 13.144
202111 11.792 117.269 13.014
202202 11.776 119.703 12.732
202205 11.976 123.323 12.568
202208 12.252 124.958 12.689
202211 12.489 125.607 12.868
202302 12.853 126.928 13.105
202305 13.082 128.314 13.195
202308 13.283 129.538 13.271
202311 13.457 129.548 13.444
202402 13.558 129.419 13.558

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


Ennis  (NYSE:EBF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.58/13.65
=1.51

* 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 Ennis was 1.67. The lowest was 0.91. And the median was 1.41.


Be Aware

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


Ennis Cyclically Adjusted Book per Share Related Terms

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


Ennis (EBF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2441 Presidential Parkway, Midlothian, TX, USA, 76065
Ennis Inc is a manufacturer and supplier of print products for the wholesale trade. The company's products include advertising specialities, business forms and supplies, commercial printing, eCommerce solutions, envelopes, labels and tags, and folders and packaging.
Executives
Daniel Gus officer: General Counsel & Asst. Secy. 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Robert T Pennington officer: Chief Revenue Officer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Boyne Wade Brewer officer: Chief Operating Officer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Alejandro Quiroz director 18943 DE ENCLAVE, SAN ANTONIO TX 78258
Vera Burnett officer: Interim CFO 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Margaret A Walters director 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Barbara T Clemens director 12024 BEAUTYBRUSH, BEE CAVE TX 78738
Aaron Carter director 2502 GARRETT COURT, CEDAR HILL TX 75104
Michael D Magill officer: Exec VP and Treasurer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Gary S Mozina director 27300 HIDDEN RIVER COURT, BONITA SPRINGS FL 34134
Troy L Priddy director 2206 SHANE DRIVE, MIDLOTHIAN TX 76065
John R Blind director 316 LAKE STILLWATER DRIVE, SAINT SIMONS ISLAND GA 31522
Kenneth G Pritchett director 4470 E. HIGHWAY 287, SUITE 800, MIDLOTHIAN TX 76065
Keith S Walters director, officer: Chairman, President and CEO 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Irshad Ahmad officer: VP-Chief Technology Officer ENNIS INC, 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065