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Mohawk Industries (BSP:M1HK34) Cyclically Adjusted Book per Share : R$22.50 (As of Mar. 2024)


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What is Mohawk Industries 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.

Mohawk Industries's adjusted book value per share for the three months ended in Mar. 2024 was R$22.905. 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$22.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mohawk Industries's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.90% 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 Mohawk Industries was 26.50% per year. The lowest was 3.50% per year. And the median was 11.10% per year.

As of today (2024-05-18), Mohawk Industries's current stock price is R$22.94. Mohawk Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$22.50. Mohawk Industries's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mohawk Industries was 4.47. The lowest was 0.67. And the median was 2.24.


Mohawk Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mohawk Industries'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.

Mohawk Industries Cyclically Adjusted Book per Share Chart

Mohawk Industries 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 - 14.28 20.11 20.83 21.58

Mohawk Industries 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 21.40 20.87 22.41 21.58 22.50

Competitive Comparison of Mohawk Industries's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.


Mohawk Industries's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mohawk Industries 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, Mohawk Industries'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)
=22.905/131.7762*131.7762
=22.905

Current CPI (Mar. 2024) = 131.7762.

Mohawk Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.508 100.560 7.218
201409 5.638 100.428 7.398
201412 6.157 99.070 8.190
201503 6.976 99.621 9.228
201506 7.462 100.684 9.766
201509 9.645 100.392 12.660
201512 9.801 99.792 12.942
201603 9.887 100.470 12.968
201606 9.551 101.688 12.377
201609 9.559 101.861 12.366
201612 10.047 101.863 12.997
201703 9.806 102.862 12.562
201706 10.991 103.349 14.014
201709 11.003 104.136 13.924
201712 12.021 104.011 15.230
201803 12.416 105.290 15.539
201806 14.320 106.317 17.749
201809 16.022 106.507 19.823
201812 15.356 105.998 19.091
201903 15.442 107.251 18.973
201906 16.016 108.070 19.529
201909 17.111 108.329 20.815
201912 17.895 108.420 21.750
202003 20.701 108.902 25.049
202006 22.196 108.767 26.891
202009 23.805 109.815 28.566
202012 24.029 109.897 28.813
202103 26.405 111.754 31.136
202106 24.564 114.631 28.238
202109 26.108 115.734 29.727
202112 27.917 117.630 31.274
202203 24.945 121.301 27.099
202206 26.280 125.017 27.701
202209 24.819 125.227 26.117
202212 25.440 125.222 26.772
202303 25.480 127.348 26.366
202306 24.057 128.729 24.627
202309 21.672 129.860 21.992
202312 22.557 129.419 22.968
202403 22.905 131.776 22.905

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


Mohawk Industries  (BSP:M1HK34) 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.

Mohawk Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.94/22.5
=1.02

* 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 Mohawk Industries was 4.47. The lowest was 0.67. And the median was 2.24.


Be Aware

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


Mohawk Industries Cyclically Adjusted Book per Share Related Terms

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


Mohawk Industries (BSP:M1HK34) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Mohawk Industries (BSP:M1HK34) Headlines

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