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Canadian Pacific Kansas City (STU:X88) Cyclically Adjusted Book per Share : €12.59 (As of Mar. 2024)


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What is Canadian Pacific Kansas City 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.

Canadian Pacific Kansas City's adjusted book value per share for the three months ended in Mar. 2024 was €31.208. 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 €12.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canadian Pacific Kansas City's average Cyclically Adjusted Book Growth Rate was 26.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 29.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Canadian Pacific Kansas City was 29.10% per year. The lowest was 1.30% per year. And the median was 3.50% per year.

As of today (2024-04-27), Canadian Pacific Kansas City's current stock price is €76.50. Canadian Pacific Kansas City's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.59. Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio of today is 6.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Canadian Pacific Kansas City was 11.64. The lowest was 3.78. And the median was 6.61.


Canadian Pacific Kansas City Cyclically Adjusted Book per Share Historical Data

The historical data trend for Canadian Pacific Kansas City'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.

Canadian Pacific Kansas City Cyclically Adjusted Book per Share Chart

Canadian Pacific Kansas City 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 5.34 5.27 6.87 9.50 12.06

Canadian Pacific Kansas City 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 10.02 10.55 11.90 12.06 12.59

Competitive Comparison of Canadian Pacific Kansas City's Cyclically Adjusted Book per Share

For the Railroads subindustry, Canadian Pacific Kansas City'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.


Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio falls into.



Canadian Pacific Kansas City 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, Canadian Pacific Kansas City'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)
=31.208/125.4675*125.4675
=31.208

Current CPI (Mar. 2024) = 125.4675.

Canadian Pacific Kansas City Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.613 99.473 7.080
201409 5.846 99.394 7.380
201412 4.750 98.367 6.059
201503 4.838 99.789 6.083
201506 4.692 100.500 5.858
201509 3.487 100.421 4.357
201512 4.197 99.947 5.269
201603 4.694 101.054 5.828
201606 4.382 102.002 5.390
201609 4.340 101.765 5.351
201612 4.496 101.449 5.560
201703 4.797 102.634 5.864
201706 4.887 103.029 5.951
201709 5.245 103.345 6.368
201712 5.880 103.345 7.139
201803 5.615 105.004 6.709
201806 6.018 105.557 7.153
201809 6.574 105.636 7.808
201812 6.180 105.399 7.357
201903 6.452 106.979 7.567
201906 6.853 107.690 7.984
201909 7.197 107.611 8.391
201912 7.053 107.769 8.211
202003 6.650 107.927 7.731
202006 7.219 108.401 8.356
202009 7.233 108.164 8.390
202012 7.047 108.559 8.145
202103 7.887 110.298 8.972
202106 9.132 111.720 10.256
202109 9.523 112.905 10.583
202112 25.158 113.774 27.744
202203 26.212 117.646 27.955
202206 28.137 120.806 29.223
202209 30.784 120.648 32.014
202212 29.040 120.964 30.121
202303 28.980 122.702 29.633
202306 29.894 124.203 30.198
202309 30.704 125.230 30.762
202312 30.426 125.468 30.426
202403 31.208 125.468 31.208

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


Canadian Pacific Kansas City  (STU:X88) 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.

Canadian Pacific Kansas City's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=76.50/12.59
=6.08

* 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 Canadian Pacific Kansas City was 11.64. The lowest was 3.78. And the median was 6.61.


Be Aware

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


Canadian Pacific Kansas City Cyclically Adjusted Book per Share Related Terms

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


Canadian Pacific Kansas City (STU:X88) Business Description

Traded in Other Exchanges
Address
7550 Ogden Dale Road S.E., Calgary, AB, CAN, T2C 4X9
Canadian Pacific Kansas City is a Class-1 railroad operating on track that spans across most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CP operates new single-line-haul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross border and intra Mexico freight via operating concessions on 3,300 miles of rail in Mexico. CP hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.

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