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Preformed Line Products Co (Preformed Line Products Co) Cyclically Adjusted Book per Share : $63.93 (As of Dec. 2023)


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What is Preformed Line Products Co 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.

Preformed Line Products Co's adjusted book value per share for the three months ended in Dec. 2023 was $84.786. 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 $63.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Preformed Line Products Co's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Preformed Line Products Co was 8.50% per year. The lowest was 5.30% per year. And the median was 6.40% per year.

As of today (2024-04-29), Preformed Line Products Co's current stock price is $124.71. Preformed Line Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $63.93. Preformed Line Products Co's Cyclically Adjusted PB Ratio of today is 1.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Preformed Line Products Co was 2.80. The lowest was 0.82. And the median was 1.32.


Preformed Line Products Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Preformed Line Products Co'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.

Preformed Line Products Co Cyclically Adjusted Book per Share Chart

Preformed Line Products Co 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 48.02 50.05 55.00 59.85 63.93

Preformed Line Products Co 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 59.85 61.30 62.52 63.57 63.93

Competitive Comparison of Preformed Line Products Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Preformed Line Products Co'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.


Preformed Line Products Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Preformed Line Products Co's Cyclically Adjusted PB Ratio falls into.



Preformed Line Products Co 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, Preformed Line Products Co'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)
=84.786/129.4194*129.4194
=84.786

Current CPI (Dec. 2023) = 129.4194.

Preformed Line Products Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 47.583 99.695 61.770
201406 48.745 100.560 62.734
201409 47.174 100.428 60.792
201412 45.010 99.070 58.799
201503 43.269 99.621 56.211
201506 43.666 100.684 56.128
201509 41.651 100.392 53.694
201512 41.942 99.792 54.394
201603 43.087 100.470 55.502
201606 43.135 101.688 54.898
201609 44.181 101.861 56.134
201612 43.680 101.863 55.497
201703 44.965 102.862 56.574
201706 46.247 103.349 57.913
201709 48.052 104.136 59.719
201712 47.346 104.011 58.912
201803 48.927 105.290 60.140
201806 47.554 106.317 57.887
201809 49.162 106.507 59.738
201812 49.671 105.998 60.646
201903 49.453 107.251 59.675
201906 51.261 108.070 61.388
201909 51.764 108.329 61.842
201912 53.783 108.420 64.200
202003 50.352 108.902 59.839
202006 53.533 108.767 63.698
202009 56.887 109.815 67.043
202012 59.581 109.897 70.165
202103 59.261 111.754 68.628
202106 61.883 114.631 69.866
202109 63.019 115.734 70.471
202112 64.420 117.630 70.877
202203 66.580 121.301 71.036
202206 67.336 125.017 69.707
202209 67.278 125.227 69.531
202212 72.938 125.222 75.383
202303 76.943 127.348 78.195
202306 81.027 128.729 81.462
202309 81.703 129.860 81.426
202312 84.786 129.419 84.786

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


Preformed Line Products Co  (NAS:PLPC) 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.

Preformed Line Products Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=124.71/63.93
=1.95

* 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 Preformed Line Products Co was 2.80. The lowest was 0.82. And the median was 1.32.


Be Aware

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


Preformed Line Products Co Cyclically Adjusted Book per Share Related Terms

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


Preformed Line Products Co (Preformed Line Products Co) Business Description

Traded in Other Exchanges
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in the United States with operations also in The Americas, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.
Executives
Michael E Gibbons director 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Katherine E. Wensink 10 percent owner 600 SUPERIOR AVENUE, EAST, SUITE 2100, CLEVELAND OH 44114
Barbara P Ruhlman Irrevocable Trust Dated 7/29/08 10 percent owner P.O. BOX 91129, CLEVELAND OH 44101
Barbara P Ruhlman Revocable Trust Dated 9/21/16 10 percent owner 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Randall M Ruhlman 10 percent owner C/O PREFORMED LINE PRODUCTS, PO BOX 91129, CLEVELAND OH 44101
Robert G Ruhlman director, 10 percent owner C/O BAKER HOSTETLER LLP, 1900 EAST NINTH ST, CLEVELAND OH 44114
Third Restatement Of Barbara P. Ruhlman Trust Agreement, Dated November 20, 2008 10 percent owner C/O MCDONALD HOPKINS LLC, 600 SUPERIOR AVENUE, EAST SUITE 2100, CLEVELAND OH 44114
Bernard L. Karr 10 percent owner 600 SUPERIOR AVENUE, EAST, SUITE 2100, CLEVELAND OH 44114
Andrew S Klaus officer: CFO 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
John J Olenik officer: VP-Research & Engineering 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Timothy O'shaughnessy officer: V.P. Human Resources 660 BETA DR, MAYFIELD VILLAGE OH 44143
Curlee J Cecil Jr officer: V.P. - Human Resources C/O PREFORMED LINE PRODUCTS, PO BOX 91129, CLEVELAND OH 44101
C Sunkle David officer: VP-Research & Engineering P.O. BOX 91129, CLEVELAND OH 44101
Michael A Weisbarth officer: VP-Finance & Treasurer 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Barbara P Ruhlman 10 percent owner C/O BAKER HOSTETLER LLP, 1900 EAST NINTH ST, CLEVELAND OH 44114

Preformed Line Products Co (Preformed Line Products Co) Headlines