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The Estee Lauder (BSP:ELCI34) Cyclically Adjusted Book per Share : R$3.20 (As of Mar. 2024)


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What is The Estee Lauder 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.

The Estee Lauder's adjusted book value per share for the three months ended in Mar. 2024 was R$3.324. 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$3.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Estee Lauder's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.80% 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 The Estee Lauder was 11.90% per year. The lowest was 6.70% per year. And the median was 10.00% per year.

As of today (2024-06-06), The Estee Lauder's current stock price is R$27.07. The Estee Lauder's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$3.20. The Estee Lauder's Cyclically Adjusted PB Ratio of today is 8.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Estee Lauder was 30.00. The lowest was 7.42. And the median was 13.99.


The Estee Lauder Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Estee Lauder'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.

The Estee Lauder Cyclically Adjusted Book per Share Chart

The Estee Lauder Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 2.51 2.46 3.01 2.95

The Estee Lauder 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 3.07 2.95 3.13 3.04 3.20

Competitive Comparison of The Estee Lauder's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, The Estee Lauder'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.


The Estee Lauder's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Estee Lauder's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Estee Lauder 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, The Estee Lauder'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)
=3.324/131.7762*131.7762
=3.324

Current CPI (Mar. 2024) = 131.7762.

The Estee Lauder Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.938 100.560 1.229
201409 0.966 100.428 1.268
201412 1.109 99.070 1.475
201503 1.334 99.621 1.765
201506 1.260 100.684 1.649
201509 1.531 100.392 2.010
201512 1.578 99.792 2.084
201603 1.591 100.470 2.087
201606 1.385 101.688 1.795
201609 1.353 101.861 1.750
201612 1.448 101.863 1.873
201703 1.460 102.862 1.870
201706 1.635 103.349 2.085
201709 1.676 104.136 2.121
201712 1.703 104.011 2.158
201803 1.752 105.290 2.193
201806 2.006 106.317 2.486
201809 2.070 106.507 2.561
201812 1.925 105.998 2.393
201903 2.029 107.251 2.493
201906 1.951 108.070 2.379
201909 2.156 108.329 2.623
201912 2.177 108.420 2.646
202003 2.448 108.902 2.962
202006 2.360 108.767 2.859
202009 2.771 109.815 3.325
202012 3.205 109.897 3.843
202103 3.580 111.754 4.221
202106 3.508 114.631 4.033
202109 3.709 115.734 4.223
202112 4.078 117.630 4.568
202203 3.564 121.301 3.872
202206 3.293 125.017 3.471
202209 3.376 125.227 3.553
202212 3.612 125.222 3.801
202303 3.569 127.348 3.693
202306 3.158 128.729 3.233
202309 3.072 129.860 3.117
202312 3.254 129.419 3.313
202403 3.324 131.776 3.324

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


The Estee Lauder  (BSP:ELCI34) 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.

The Estee Lauder's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.07/3.2
=8.46

* 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 The Estee Lauder was 30.00. The lowest was 7.42. And the median was 13.99.


Be Aware

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


The Estee Lauder Cyclically Adjusted Book per Share Related Terms

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


The Estee Lauder (BSP:ELCI34) Business Description

Address
767 Fifth Avenue, New York, NY, USA, 10153
Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

The Estee Lauder (BSP:ELCI34) Headlines

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