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Beacon Roofing Supply (Beacon Roofing Supply) Cyclically Adjusted Book per Share : $28.89 (As of Mar. 2024)


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What is Beacon Roofing Supply 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.

Beacon Roofing Supply's adjusted book value per share for the three months ended in Mar. 2024 was $28.939. 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 $28.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beacon Roofing Supply's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Beacon Roofing Supply was 14.40% per year. The lowest was 10.00% per year. And the median was 12.15% per year.

As of today (2024-05-29), Beacon Roofing Supply's current stock price is $95.93. Beacon Roofing Supply's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $28.89. Beacon Roofing Supply's Cyclically Adjusted PB Ratio of today is 3.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Beacon Roofing Supply was 4.56. The lowest was 0.66. And the median was 2.63.


Beacon Roofing Supply Cyclically Adjusted Book per Share Historical Data

The historical data trend for Beacon Roofing Supply'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.

Beacon Roofing Supply Cyclically Adjusted Book per Share Chart

Beacon Roofing Supply Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.28 20.93 23.09 26.29 28.17

Beacon Roofing Supply 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 27.02 27.63 28.06 28.17 28.89

Competitive Comparison of Beacon Roofing Supply's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, Beacon Roofing Supply'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.


Beacon Roofing Supply's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beacon Roofing Supply's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Beacon Roofing Supply 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, Beacon Roofing Supply'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)
=28.939/131.7762*131.7762
=28.939

Current CPI (Mar. 2024) = 131.7762.

Beacon Roofing Supply Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.086 100.560 21.080
201409 16.543 100.428 21.707
201412 16.772 99.070 22.309
201503 16.499 99.621 21.824
201506 17.153 100.684 22.450
201509 17.737 100.392 23.282
201512 20.461 99.792 27.019
201603 20.497 100.470 26.884
201606 21.264 101.688 27.556
201609 22.104 101.861 28.596
201612 22.486 101.863 29.089
201703 22.391 102.862 28.685
201706 23.208 103.349 29.592
201709 26.319 104.136 33.305
201712 27.251 104.011 34.525
201803 26.212 105.290 32.806
201806 26.991 106.317 33.454
201809 27.655 106.507 34.216
201812 27.387 105.998 34.047
201903 26.391 107.251 32.426
201906 26.845 108.070 32.734
201909 27.157 108.329 33.035
201912 26.770 108.420 32.537
202003 24.612 108.902 29.782
202006 24.491 108.767 29.672
202009 25.520 109.815 30.624
202012 22.259 109.897 26.691
202103 22.254 111.754 26.241
202106 23.406 114.631 26.907
202109 24.862 115.734 28.308
202112 25.744 117.630 28.840
202203 25.412 121.301 27.607
202206 25.789 125.017 27.183
202209 28.144 125.227 29.616
202212 29.659 125.222 31.211
202303 29.791 127.348 30.827
202306 31.904 128.729 32.659
202309 27.685 129.860 28.094
202312 28.807 129.419 29.332
202403 28.939 131.776 28.939

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


Beacon Roofing Supply  (NAS:BECN) 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.

Beacon Roofing Supply's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=95.93/28.89
=3.32

* 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 Beacon Roofing Supply was 4.56. The lowest was 0.66. And the median was 2.63.


Be Aware

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


Beacon Roofing Supply Cyclically Adjusted Book per Share Related Terms

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


Beacon Roofing Supply (Beacon Roofing Supply) Business Description

Traded in Other Exchanges
Address
505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170
Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.
Executives
Jason L Taylor officer: President, West Division 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
James J Gosa officer: President, North/Canada Div. 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Cd&r Investment Associates Ix, Ltd. 10 percent owner MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
Best Clement Munroe Iii officer: President, South Division 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Julian Francis director, officer: President & CEO ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Christopher Carl Nelson officer: EVP, CIO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Robert M Mclaughlin director C/O AIRGAS, INC., 259 NORTH RADNOR-CHESTER RD, RADNOR PA 19087
Martin S. Harrell officer: President, Waterproofing 3401 PHILIPS HWY, JACKSONVILLE FL 32207
Christine Stroh Reddy officer: EVP, General Counsel 505 HUNTMAR PARK DRIVE, SUITE 300, HERNDON VA 20170
Stuart A Randle director 585 WEST 500 SOUTH, BOUNTIFUL UT 84010
Racquel Harris Mason director C/O ELANCO ANIMAL HEALTH INCORPORATED, 2500 INNOVATION WAY, GREENFIELD IN 46140
Hart Melanie Housey director POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Frank A Lonegro officer: EVP & Chief Financial Officer 500 WATER STREET, JACKSONVILLE FL 32202
Jonathan Stuart Bennett officer: EVP & CCO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Sean M. Mcdevitt officer: EVP & CHRO 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170