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LCI Industries (FRA:0DI) Cyclically Adjusted Book per Share : €33.21 (As of Mar. 2024)


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What is LCI Industries 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.

LCI Industries's adjusted book value per share for the three months ended in Mar. 2024 was €49.054. 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 €33.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LCI Industries's average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 LCI Industries was 21.80% per year. The lowest was 0.60% per year. And the median was 13.30% per year.

As of today (2024-05-16), LCI Industries's current stock price is €104.00. LCI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €33.21. LCI Industries's Cyclically Adjusted PB Ratio of today is 3.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LCI Industries was 8.19. The lowest was 2.77. And the median was 4.64.


LCI Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for LCI Industries'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.

LCI Industries Cyclically Adjusted Book per Share Chart

LCI Industries 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 18.08 18.44 23.16 29.72 33.50

LCI Industries 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 29.19 31.00 33.88 33.50 33.21

Competitive Comparison of LCI Industries's Cyclically Adjusted Book per Share

For the Recreational Vehicles subindustry, LCI Industries'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.


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

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

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



LCI Industries 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, LCI Industries'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)
=49.054/129.4194*129.4194
=49.054

Current CPI (Mar. 2024) = 129.4194.

LCI Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.182 100.560 14.391
201409 12.384 100.428 15.959
201412 13.428 99.070 17.542
201503 14.167 99.621 18.405
201506 14.617 100.684 18.789
201509 15.413 100.392 19.870
201512 16.531 99.792 21.439
201603 17.128 100.470 22.063
201606 18.209 101.688 23.175
201609 19.227 101.861 24.429
201612 21.077 101.863 26.779
201703 21.942 102.862 27.607
201706 22.129 103.349 27.711
201709 21.767 104.136 27.052
201712 22.072 104.011 27.464
201803 21.833 105.290 26.837
201806 24.210 106.317 29.471
201809 25.000 106.507 30.378
201812 24.971 105.998 30.489
201903 25.549 107.251 30.830
201906 26.624 108.070 31.884
201909 28.203 108.329 33.694
201912 28.771 108.420 34.343
202003 29.087 108.902 34.567
202006 28.834 108.767 34.309
202009 29.552 109.815 34.828
202012 29.681 109.897 34.954
202103 31.919 111.754 36.964
202106 32.392 114.631 36.571
202109 34.680 115.734 38.781
202112 38.270 117.630 42.106
202203 44.995 121.301 48.006
202206 51.870 125.017 53.697
202209 56.539 125.227 58.432
202212 51.778 125.222 53.514
202303 50.193 127.348 51.010
202306 49.966 128.729 50.234
202309 50.770 129.860 50.598
202312 49.063 129.419 49.063
202403 49.054 129.419 49.054

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


LCI Industries  (FRA:0DI) 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.

LCI Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=104.00/33.21
=3.13

* 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 LCI Industries was 8.19. The lowest was 2.77. And the median was 4.64.


Be Aware

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


LCI Industries Cyclically Adjusted Book per Share Related Terms

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


LCI Industries (FRA:0DI) Business Description

Traded in Other Exchanges
Address
3501 County Road 6 East, Elkhart, IN, USA, 46514
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.

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