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Generac Holdings (Generac Holdings) Cyclically Adjusted Book per Share : $20.49 (As of Mar. 2024)


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What is Generac Holdings 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.

Generac Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $39.192. 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 $20.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Generac Holdings's average Cyclically Adjusted Book Growth Rate was 21.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 25.80% 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 Generac Holdings was 28.70% per year. The lowest was 23.20% per year. And the median was 26.65% per year.

As of today (2024-05-15), Generac Holdings's current stock price is $143.08. Generac Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.49. Generac Holdings's Cyclically Adjusted PB Ratio of today is 6.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Generac Holdings was 42.68. The lowest was 4.34. And the median was 10.71.


Generac Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Generac Holdings'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.

Generac Holdings Cyclically Adjusted Book per Share Chart

Generac Holdings 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 8.51 9.80 12.39 15.90 19.68

Generac Holdings 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 16.87 17.93 18.92 19.68 20.49

Competitive Comparison of Generac Holdings's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Generac Holdings'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.


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

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

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



Generac Holdings 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, Generac Holdings'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)
=39.192/129.4194*129.4194
=39.192

Current CPI (Mar. 2024) = 129.4194.

Generac Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.933 100.560 7.636
201409 6.502 100.428 8.379
201412 7.106 99.070 9.283
201503 7.264 99.621 9.437
201506 7.500 100.684 9.641
201509 7.055 100.392 9.095
201512 7.057 99.792 9.152
201603 7.127 100.470 9.181
201606 6.765 101.688 8.610
201609 6.217 101.861 7.899
201612 6.398 101.863 8.129
201703 6.688 102.862 8.415
201706 6.881 103.349 8.617
201709 7.607 104.136 9.454
201712 8.883 104.011 11.053
201803 9.115 105.290 11.204
201806 9.859 106.317 12.001
201809 11.143 106.507 13.540
201812 12.239 105.998 14.943
201903 12.912 107.251 15.581
201906 13.883 108.070 16.626
201909 14.939 108.329 17.847
201912 16.501 108.420 19.697
202003 16.333 108.902 19.410
202006 17.483 108.767 20.803
202009 19.576 109.815 23.071
202012 22.121 109.897 26.051
202103 24.220 111.754 28.048
202106 26.284 114.631 29.675
202109 28.250 115.734 31.590
202112 34.743 117.630 38.225
202203 36.150 121.301 38.569
202206 37.894 125.017 39.228
202209 36.600 125.227 37.825
202212 36.755 125.222 37.987
202303 37.609 127.348 38.221
202306 38.871 128.729 39.080
202309 38.519 129.860 38.388
202312 38.915 129.419 38.915
202403 39.192 129.419 39.192

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


Generac Holdings  (NYSE:GNRC) 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.

Generac Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=143.08/20.49
=6.98

* 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 Generac Holdings was 42.68. The lowest was 4.34. And the median was 10.71.


Be Aware

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


Generac Holdings Cyclically Adjusted Book per Share Related Terms

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


Generac Holdings (Generac Holdings) Business Description

Traded in Other Exchanges
Address
S45 W29290 Highway 59, Waukesha, WI, USA, 53189
Generac Power Systems designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
Executives
Aaron Jagdfeld director, officer: Chief Executive Officer C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Rajendra Kumar Kanuru officer: EVP, GC, Corp. Secretary S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
Robert D Dixon director 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Norman P Taffe officer: President Energy Technology 3901 NORTH FIRST STREET, SAN JOSE CA 95134
Russell S Minick officer: Executive Vice President Sales 414 EAST THIRD STREET, MUSCATINE IA 52761
Nam Tran Nguyen director S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
York A. Ragen officer: Chief Financial Officer C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Patrick John Forsythe officer: Exec Vice President C/O GENERAC HOLDINGS INC., P.O. BOX 8, WAUKESHA WI 53189
Erik Wilde officer: EVP - NAM Industrial S45 W29290 HWY 59, C/O GENERAC HOLDINGS, INC., WAUKESHA WI 53189
Kyle Andrew Raabe officer: EVP Consumer Power S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
Thomas F Pettit officer: Chief Operations Officer 5695 MERRY LANE, EXCELSIOR MN 55331
Marcia J Avedon director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Roger Pascavis officer: Senior VP, Operations C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Jeffrey Lee Mueller officer: President/GM - Consumer Power GENERAC POWER SYSTEMS, INC., S45 W29290 HWY. 59, WAUKESHA WI 53189
Jenkins William D Jr director C/O PALO ALTO NETWORKS INC, 3000 TANNERY WAY, SANTA CLARA CA 95054