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Mohawk Industries (Mohawk Industries) Cyclically Adjusted Book per Share : $115.39 (As of Dec. 2023)


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What is Mohawk 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.

Mohawk Industries's adjusted book value per share for the three months ended in Dec. 2023 was $119.698. 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 $115.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mohawk Industries's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 Mohawk Industries was 26.50% per year. The lowest was 3.50% per year. And the median was 11.10% per year.

As of today (2024-04-27), Mohawk Industries's current stock price is $115.45. Mohawk Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $115.39. Mohawk Industries's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mohawk Industries was 4.47. The lowest was 0.67. And the median was 2.24.


Mohawk Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mohawk 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.

Mohawk Industries Cyclically Adjusted Book per Share Chart

Mohawk 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 75.17 82.14 94.67 107.08 115.39

Mohawk Industries 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 107.08 110.34 112.92 114.80 115.39

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

For the Furnishings, Fixtures & Appliances subindustry, Mohawk 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.


Mohawk Industries's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mohawk 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, Mohawk Industries'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)
=119.698/129.4194*129.4194
=119.698

Current CPI (Dec. 2023) = 129.4194.

Mohawk Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 61.582 99.695 79.943
201406 64.043 100.560 82.423
201409 62.703 100.428 80.804
201412 60.593 99.070 79.155
201503 57.736 99.621 75.006
201506 62.346 100.684 80.140
201509 64.250 100.392 82.828
201512 65.660 99.792 85.154
201603 69.512 100.470 89.541
201606 72.534 101.688 92.315
201609 76.398 101.861 97.067
201612 77.883 101.863 98.953
201703 81.524 102.862 102.572
201706 86.718 103.349 108.593
201709 91.327 104.136 113.501
201712 94.854 104.011 118.025
201803 98.452 105.290 121.015
201806 98.731 106.317 120.185
201809 101.388 106.507 123.200
201812 102.809 105.998 125.526
201903 104.537 107.251 126.145
201906 107.997 108.070 129.333
201909 107.993 108.329 129.018
201912 113.355 108.420 135.310
202003 110.155 108.902 130.909
202006 111.227 108.767 132.346
202009 114.618 109.815 135.080
202012 121.437 109.897 143.010
202103 121.830 111.754 141.088
202106 127.006 114.631 143.390
202109 128.588 115.734 143.793
202112 128.358 117.630 141.223
202203 130.329 121.301 139.052
202206 135.364 125.017 140.131
202209 123.064 125.227 127.184
202212 126.098 125.222 130.325
202303 127.191 127.348 129.260
202306 128.865 128.729 129.556
202309 114.091 129.860 113.704
202312 119.698 129.419 119.698

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


Mohawk Industries  (NYSE:MHK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=115.45/115.39
=1.00

* 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 Mohawk Industries was 4.47. The lowest was 0.67. And the median was 2.24.


Be Aware

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


Mohawk Industries Cyclically Adjusted Book per Share Related Terms

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


Mohawk Industries (Mohawk Industries) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.
Executives
Suzanne L Helen other: Possible Group Member C/O MOHAWK INDUSTRIES INC, 2001 ANTIOCH ROAD, DALTON GA 30721
Rodney David Patton officer: General Counsel - VP 5855 RIVERMOND DRIVE, ATLANTA GA 30328
Jeffrey S Lorberbaum director, officer: President and CEO MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
Bernard Thiers director NESTOR DE TIERESTRAAT 128, EINE C9 9700
Harkins William Wayne Ii officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Clifford Charles Suing officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Chistopher Wellborn director, officer: President-Dal-Tile MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
Jerry W Burris director 5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
James Brunk director, officer: Corporate Controller and CAO 251 MISTY HILL TRAIL, DALLAS GA 30132
Steven Hyosig Lee officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Frank H Boykin director, officer: Vice President-Finance & CFO 2042 OLD FORGE WAY, MARIETTA GA 30068
De Cock Paul F officer: President-Flooring NA ALPHONSE RENARDSTRAAT 41, ELSENE C9 1050
Filip Balcaen director PAULINE VAN POTTELSBERGHELAAN 10, 9051 SINT-DENIJS-WESTREM, GENT C9 9051
John Engquist director H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Bruce Bruckmann director C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703

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