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BRP (TSX:DOO) Cyclically Adjusted Book per Share : C$-1.36 (As of Jan. 2024)


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What is BRP 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.

BRP's adjusted book value per share for the three months ended in Jan. 2024 was C$10.792. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-1.36 for the trailing ten years ended in Jan. 2024.

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.

As of today (2024-04-27), BRP's current stock price is C$93.95. BRP's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$-1.36. BRP's Cyclically Adjusted PB Ratio of today is .


BRP Cyclically Adjusted Book per Share Historical Data

The historical data trend for BRP'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.

BRP Cyclically Adjusted Book per Share Chart

BRP Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -2.63 -2.43 -1.36

BRP Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -2.43 -2.15 -1.89 -1.64 -1.36

Competitive Comparison of BRP's Cyclically Adjusted Book per Share

For the Recreational Vehicles subindustry, BRP'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.


BRP's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BRP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BRP 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, BRP's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=10.792/125.4675*125.4675
=10.792

Current CPI (Jan. 2024) = 125.4675.

BRP Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.163 98.920 -0.207
201407 -0.398 99.315 -0.503
201410 -0.098 99.473 -0.124
201501 -0.250 98.209 -0.319
201504 0.384 99.710 0.483
201507 -0.295 100.579 -0.368
201510 0.068 100.500 0.085
201601 -0.168 100.184 -0.210
201604 0.320 101.370 0.396
201607 -0.701 101.844 -0.864
201610 0.053 102.002 0.065
201701 -0.388 102.318 -0.476
201704 1.399 103.029 1.704
201707 -0.953 103.029 -1.161
201710 -1.009 103.424 -1.224
201801 -2.933 104.056 -3.537
201804 -3.723 105.320 -4.435
201807 -4.645 106.110 -5.492
201810 -3.976 105.952 -4.708
201901 -3.377 105.557 -4.014
201904 -3.823 107.453 -4.464
201907 -6.869 108.243 -7.962
201910 -6.350 107.927 -7.382
202001 -6.725 108.085 -7.807
202004 -9.138 107.216 -10.694
202007 -7.664 108.401 -8.871
202010 -5.125 108.638 -5.919
202101 -5.531 109.192 -6.355
202104 -3.031 110.851 -3.431
202107 -5.215 112.431 -5.820
202110 -2.800 113.695 -3.090
202201 -1.673 114.801 -1.828
202204 -2.649 118.357 -2.808
202207 0.070 120.964 0.073
202210 2.109 121.517 2.178
202301 6.779 121.596 6.995
202304 7.289 123.571 7.401
202307 10.050 124.914 10.094
202310 9.255 125.310 9.267
202401 10.792 125.468 10.792

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


BRP  (TSX:DOO) 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.


Be Aware

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


BRP Cyclically Adjusted Book per Share Related Terms

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


BRP (TSX:DOO) Business Description

Industry
Traded in Other Exchanges
Address
726 Saint-Joseph Street, Valcourt, QC, CAN, J0E 2L0
BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after shuttering the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, acquiring boat manufacturers Alumacraft, Triton (which makes Manitou pontoon boats), and Telwater (in Australia). At the end of fiscal 2023, the company sold its products through a network of more than 2,600 independent dealers and 150 distributors in about 130 countries.

BRP (TSX:DOO) Headlines

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