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Semperit AG Holding (WBO:SEM) Cyclically Adjusted Book per Share : €23.34 (As of Dec. 2023)


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What is Semperit AG Holding 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.

Semperit AG Holding's adjusted book value per share for the three months ended in Dec. 2023 was €20.673. 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 €23.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Semperit AG Holding's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 Semperit AG Holding was 6.40% per year. The lowest was 1.40% per year. And the median was 5.10% per year.

As of today (2024-04-28), Semperit AG Holding's current stock price is €11.48. Semperit AG Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €23.34. Semperit AG Holding's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Semperit AG Holding was 2.03. The lowest was 0.40. And the median was 0.86.


Semperit AG Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for Semperit AG Holding'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.

Semperit AG Holding Cyclically Adjusted Book per Share Chart

Semperit AG Holding 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 19.48 19.35 20.40 22.63 23.34

Semperit AG Holding 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 22.63 23.10 23.34 23.36 23.34

Competitive Comparison of Semperit AG Holding's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Semperit AG Holding'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.


Semperit AG Holding's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Semperit AG Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Semperit AG Holding 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, Semperit AG Holding'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)
=20.673/132.0288*132.0288
=20.673

Current CPI (Dec. 2023) = 132.0288.

Semperit AG Holding Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.617 99.044 27.483
201406 20.362 99.496 27.020
201409 21.863 99.586 28.986
201412 21.570 99.676 28.571
201503 24.389 99.992 32.203
201506 17.646 100.492 23.184
201509 16.816 100.292 22.137
201512 17.657 100.692 23.152
201603 18.410 100.692 24.140
201606 17.349 101.092 22.658
201609 17.450 101.192 22.768
201612 16.006 102.092 20.700
201703 18.504 102.592 23.813
201706 15.648 102.991 20.060
201709 14.745 103.591 18.793
201712 13.537 104.291 17.137
201803 19.871 104.491 25.108
201806 16.705 105.091 20.987
201809 16.440 105.691 20.537
201812 16.016 106.291 19.894
201903 16.274 106.391 20.196
201906 16.414 106.791 20.293
201909 13.824 106.991 17.059
201912 13.290 108.091 16.233
202003 12.884 108.024 15.747
202006 17.782 107.915 21.755
202009 17.822 108.348 21.717
202012 16.150 109.321 19.505
202103 19.254 110.186 23.071
202106 22.056 110.943 26.248
202109 24.681 111.916 29.116
202112 26.253 113.971 30.413
202203 27.241 117.647 30.571
202206 27.043 120.567 29.614
202209 23.948 123.811 25.538
202212 25.187 125.541 26.489
202303 25.177 128.461 25.876
202306 23.622 130.191 23.956
202309 20.149 131.272 20.265
202312 20.673 132.029 20.673

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


Semperit AG Holding  (WBO:SEM) 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.

Semperit AG Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.48/23.34
=0.49

* 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 Semperit AG Holding was 2.03. The lowest was 0.40. And the median was 0.86.


Be Aware

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


Semperit AG Holding Cyclically Adjusted Book per Share Related Terms

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


Semperit AG Holding (WBO:SEM) Business Description

Industry
Traded in Other Exchanges
Address
Am Belvedere 10, Vienna, AUT, 1100
Semperit AG Holding is engaged in developing, producing, and selling rubber products in the medical and industrial sectors. The products of the company include examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cableway rings, and products for railway infrastructure. The operating segments of the company are Sempermed; Semperflex; Sempertrans; Semperseal and Semperform.
Executives
Dr. Karl Haider Board of Directors

Semperit AG Holding (WBO:SEM) Headlines