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Agilent Technologies (BSP:A1GI34) Cyclically Adjusted Book per Share : R$46.38 (As of Jan. 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 Jan. 2024 was R$51.927. 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 R$46.38 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Agilent Technologies's average Cyclically Adjusted Book Growth Rate was 2.30% 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 (2024-05-17), Agilent Technologies's current stock price is R$346.07. Agilent Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was R$46.38. Agilent Technologies's Cyclically Adjusted PB Ratio of today is 7.46.

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 5.20.


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
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 44.15 46.70 47.71 48.94

Agilent Technologies 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 46.84 51.19 45.03 48.94 46.38

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 Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=51.927/130.1244*130.1244
=51.927

Current CPI (Jan. 2024) = 130.1244.

Agilent Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201404 18.844 100.023 24.515
201407 18.797 100.520 24.333
201410 19.380 100.176 25.174
201501 16.621 98.604 21.934
201504 18.982 99.824 24.744
201507 19.951 100.691 25.783
201510 24.319 100.346 31.536
201601 25.007 99.957 32.554
201604 22.780 100.947 29.364
201607 21.970 101.524 28.159
201610 20.857 101.988 26.611
201701 21.285 102.456 27.033
201704 21.376 103.167 26.961
201707 22.893 103.278 28.844
201710 23.947 104.070 29.942
201801 22.483 104.578 27.975
201804 24.418 105.708 30.058
201807 27.342 106.324 33.462
201810 27.008 106.695 32.939
201901 29.579 106.200 36.242
201904 31.506 107.818 38.024
201907 28.930 108.250 34.776
201910 31.365 108.577 37.589
202001 32.460 108.841 38.808
202004 41.156 108.173 49.508
202007 42.504 109.318 50.594
202010 44.791 109.861 53.053
202101 42.270 110.364 49.838
202104 44.200 112.673 51.046
202107 42.123 115.183 47.587
202110 49.443 116.696 55.133
202201 47.503 118.619 52.110
202204 40.725 121.978 43.445
202207 46.165 125.002 48.057
202210 47.224 125.734 48.873
202301 49.194 126.223 50.715
202304 49.202 127.992 50.022
202307 45.570 128.974 45.976
202310 50.581 129.810 50.704
202401 51.927 130.124 51.927

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


Agilent Technologies  (BSP:A1GI34) 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
=346.07/46.38
=7.46

* 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 5.20.


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 (BSP:A1GI34) 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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