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Agilent Technologies (MIL:1A) Cyclically Adjusted Book per Share : €16.56 (As of Apr. 2024)


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What is Agilent Technologies 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.

Agilent Technologies's adjusted book value per share for the three months ended in Apr. 2024 was €19.862. 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 €16.56 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Agilent Technologies's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Agilent Technologies was 7.00% per year. The lowest was -2.60% per year. And the median was 6.00% per year.

As of today (2024-06-01), Agilent Technologies's current stock price is €121.85. Agilent Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was €16.56. Agilent Technologies's Cyclically Adjusted PB Ratio of today is 7.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Agilent Technologies was 10.99. The lowest was 2.91. And the median was 5.21.


Agilent Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Agilent Technologies'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.

Agilent Technologies Cyclically Adjusted Book per Share Chart

Agilent Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
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Agilent Technologies Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 - - - 16.95 16.56

Competitive Comparison of Agilent Technologies's Cyclically Adjusted Book per Share

For the Diagnostics & Research subindustry, Agilent Technologies'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.


Agilent Technologies's Cyclically Adjusted PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Agilent Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Agilent Technologies 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, Agilent Technologies's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=19.862/131.7762*131.7762
=19.862

Current CPI (Apr. 2024) = 131.7762.

Agilent Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201407 12.490 100.520 16.374
201410 12.485 100.176 16.423
201501 10.863 98.604 14.518
201504 11.531 99.824 15.222
201507 11.234 100.691 14.702
201510 11.183 100.346 14.686
201601 11.358 99.957 14.974
201604 11.264 100.947 14.704
201607 12.131 101.524 15.746
201610 11.891 101.988 15.364
201701 12.544 102.456 16.134
201704 12.707 103.167 16.231
201707 12.407 103.278 15.831
201710 12.768 104.070 16.167
201801 11.481 104.578 14.467
201804 11.676 105.708 14.555
201807 12.247 106.324 15.179
201810 12.495 106.695 15.432
201901 13.873 106.200 17.214
201904 14.389 107.818 17.586
201907 13.659 108.250 16.628
201910 13.891 108.577 16.859
202001 14.090 108.841 17.059
202004 14.242 108.173 17.350
202007 14.024 109.318 16.905
202010 13.536 109.861 16.236
202101 12.931 110.364 15.440
202104 13.271 112.673 15.521
202107 13.810 115.183 15.799
202110 15.382 116.696 17.370
202201 15.187 118.619 16.871
202204 15.863 121.978 17.137
202207 16.907 125.002 17.823
202210 18.253 125.734 19.130
202301 17.585 126.223 18.359
202304 17.872 127.992 18.400
202307 17.163 128.974 17.536
202310 18.948 129.810 19.235
202401 19.385 130.124 19.631
202404 19.862 131.776 19.862

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


Agilent Technologies  (MIL:1A) 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.

Agilent Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=121.85/16.56
=7.36

* 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 Agilent Technologies was 10.99. The lowest was 2.91. And the median was 5.21.


Be Aware

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


Agilent Technologies Cyclically Adjusted Book per Share Related Terms

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


Agilent Technologies (MIL:1A) Business Description

Traded in Other Exchanges
Address
5301 Stevens Creek Boulevard, Santa Clara, CA, USA, 95051
Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life sciences and diagnostics firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and applied tools, cross lab (consisting of consumables and services related to life science and applied tools), and diagnostics and genomics. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the U.S. and China representing the largest country concentrations.

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