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Rogers (Rogers) Cyclically Adjusted Book per Share : $54.49 (As of Dec. 2023)


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What is Rogers 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.

Rogers's adjusted book value per share for the three months ended in Dec. 2023 was $67.628. 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 $54.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rogers's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 Rogers was 17.10% per year. The lowest was -0.10% per year. And the median was 8.30% per year.

As of today (2024-04-27), Rogers's current stock price is $121.03. Rogers's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $54.49. Rogers's Cyclically Adjusted PB Ratio of today is 2.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rogers was 6.41. The lowest was 1.78. And the median was 3.16.


Rogers Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rogers'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.

Rogers Cyclically Adjusted Book per Share Chart

Rogers 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 34.93 38.30 44.11 49.98 54.49

Rogers 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 49.98 51.59 52.87 54.01 54.49

Competitive Comparison of Rogers's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Rogers'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.


Rogers's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rogers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rogers 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, Rogers'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)
=67.628/129.4194*129.4194
=67.628

Current CPI (Dec. 2023) = 129.4194.

Rogers Quarterly Data

Book Value per Share CPI Adj_Book
201403 32.113 99.695 41.688
201406 32.771 100.560 42.176
201409 32.648 100.428 42.073
201412 31.912 99.070 41.688
201503 30.802 99.621 40.015
201506 32.166 100.684 41.346
201509 32.039 100.392 41.303
201512 32.555 99.792 42.220
201603 33.912 100.470 43.683
201606 34.015 101.688 43.291
201609 35.044 101.861 44.525
201612 35.280 101.863 44.824
201703 37.484 102.862 47.162
201706 39.549 103.349 49.525
201709 41.229 104.136 51.239
201712 41.992 104.011 52.250
201803 43.508 105.290 53.479
201806 43.786 106.317 53.301
201809 44.937 106.507 54.604
201812 46.117 105.998 56.307
201903 46.820 107.251 56.498
201906 48.360 108.070 57.914
201909 49.248 108.329 58.836
201912 50.272 108.420 60.009
202003 50.252 108.902 59.720
202006 51.563 108.767 61.353
202009 52.850 109.815 62.285
202012 54.653 109.897 64.362
202103 55.625 111.754 64.418
202106 57.508 114.631 64.927
202109 58.693 115.734 65.633
202112 59.738 117.630 65.725
202203 59.431 121.301 63.409
202206 58.826 125.017 60.898
202209 57.934 125.227 59.874
202212 63.126 125.222 65.242
202303 63.317 127.348 64.347
202306 64.762 128.729 65.109
202309 65.031 129.860 64.811
202312 67.628 129.419 67.628

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


Rogers  (NYSE:ROG) 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.

Rogers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=121.03/54.49
=2.22

* 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 Rogers was 6.41. The lowest was 1.78. And the median was 3.16.


Be Aware

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


Rogers Cyclically Adjusted Book per Share Related Terms

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


Rogers (Rogers) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rogers Corp (NYSE:ROG) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
2225 West Chandler Boulevard, Chandler, AZ, USA, 85224-6155
Rogers Corporation designs develop and manufacture engineered materials and components for sale to original equipment manufacturers and component suppliers. The firm operates in three business segments: advanced connectivity solutions, which manufactures circuit materials for applications in communications infrastructure, automotive, and consumer electronics markets; elastomeric material solutions, which provide cushioning, sealing, and impact protection in automotive, transportation, and construction applications; and power electronics solutions, which sells ceramic substrate materials for power module applications. The firm generates revenue primarily in the United States, China, and Germany, but has a presence around the world.
Executives
Brian Keith Larabee officer: Vice President - EMS 689 PUDDING HILL ROAD, HAMPTON CT 06247
Griffin Melaney Gappert officer: VP, Chief Technology Officer 24 OLD FARMSTEAD RD, CHESTER NJ 07930
Anne K Roby director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Lauzon Armand F Jr director 227 WEST MONROE STREET, SUITE 2600, CHICAGO IL 60606
Larry L Berger director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Ramakumar Mayampurath officer: SVP, CFO, Treasurer 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Michael Reed Webb officer: SVP & Chief Admin Officer 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Jessica Ann Morton officer: VP, Gen Counsel, Secretary 803 S. 2ND STREET, PHILADELPHIA PA 19147
Lawrence Erwin Schmid officer: Senior VP Global Operations 1863 BENDING STREAM DRIVE, LEAGUE CITY TX 77573
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
Peter C Wallace director C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Gouveia Randall Colin officer: SVP, GM of EMA 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Robert C Daigle officer: V.P. R&D and CTO C/O: ROGERS CORPORATION, ONE TECHNOLOGY DRIVE PO BOX 188, ROGERS CT 06263-0188
Bruce D. Hoechner director, officer: President and CEO 2225 W CHANDLER BLVD, CHANDLER AZ 85224