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Brinker International (FRA:BKJ) Cyclically Adjusted Book per Share : €-9.33 (As of Dec. 2023)


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What is Brinker International 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.

Brinker International's adjusted book value per share for the three months ended in Dec. 2023 was €-2.272. 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 €-9.33 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -26.80% 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 Brinker International was 16.00% per year. The lowest was -62.40% per year. And the median was 6.80% per year.

As of today (2024-04-28), Brinker International's current stock price is €45.00. Brinker International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €-9.33. Brinker International's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brinker International was 166.57. The lowest was 5.15. And the median was 9.91.


Brinker International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Brinker International'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.

Brinker International Cyclically Adjusted Book per Share Chart

Brinker International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.25 -4.39 -5.49 -8.39 -8.99

Brinker International 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 -9.00 -8.58 -8.99 -9.51 -9.33

Competitive Comparison of Brinker International's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Brinker International'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.


Brinker International's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Brinker International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Brinker International 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, Brinker International'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)
=-2.272/129.4194*129.4194
=-2.272

Current CPI (Dec. 2023) = 129.4194.

Brinker International Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.975 99.695 1.266
201406 0.719 100.560 0.925
201409 0.461 100.428 0.594
201412 0.063 99.070 0.082
201503 -0.479 99.621 -0.622
201506 -1.154 100.684 -1.483
201509 -1.602 100.392 -2.065
201512 -2.599 99.792 -3.371
201603 -3.924 100.470 -5.055
201606 -3.623 101.688 -4.611
201609 -9.793 101.861 -12.442
201612 -10.126 101.863 -12.865
201703 -9.533 102.862 -11.994
201706 -9.070 103.349 -11.358
201709 -9.575 104.136 -11.900
201712 -10.081 104.011 -12.544
201803 -11.257 105.290 -13.837
201806 -15.071 106.317 -18.346
201809 -18.012 106.507 -21.887
201812 -20.099 105.998 -24.540
201903 -19.215 107.251 -23.187
201906 -18.366 108.070 -21.994
201909 -14.205 108.329 -16.970
201912 -13.690 108.420 -16.342
202003 -14.095 108.902 -16.751
202006 -9.454 108.767 -11.249
202009 -8.717 109.815 -10.273
202012 -8.041 109.897 -9.469
202103 -7.180 111.754 -8.315
202106 -5.485 114.631 -6.193
202109 -6.094 115.734 -6.815
202112 -6.497 117.630 -7.148
202203 -6.451 121.301 -6.883
202206 -5.790 125.017 -5.994
202209 -6.808 125.227 -7.036
202212 -5.739 125.222 -5.931
202303 -4.454 127.348 -4.526
202306 -2.986 128.729 -3.002
202309 -3.313 129.860 -3.302
202312 -2.272 129.419 -2.272

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


Brinker International  (FRA:BKJ) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brinker International was 166.57. The lowest was 5.15. And the median was 9.91.


Be Aware

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


Brinker International Cyclically Adjusted Book per Share Related Terms

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


Brinker International (FRA:BKJ) Business Description

Traded in Other Exchanges
Address
3000 Olympus Boulevard, Dallas, TX, USA, 75019
Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.