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TE Connectivity (BSP:T1EL34) Cyclically Adjusted Book per Share : R$62.90 (As of Mar. 2024)


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What is TE Connectivity 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.

TE Connectivity's adjusted book value per share for the three months ended in Mar. 2024 was R$101.006. 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$62.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TE Connectivity's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.10% 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 TE Connectivity was 7.80% per year. The lowest was 2.50% per year. And the median was 5.60% per year.

As of today (2024-05-16), TE Connectivity's current stock price is R$301.62. TE Connectivity's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$62.90. TE Connectivity's Cyclically Adjusted PB Ratio of today is 4.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TE Connectivity was 6.61. The lowest was 2.46. And the median was 4.26.


TE Connectivity Cyclically Adjusted Book per Share Historical Data

The historical data trend for TE Connectivity'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.

TE Connectivity Cyclically Adjusted Book per Share Chart

TE Connectivity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 62.27 69.40 73.89 75.07

TE Connectivity 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 71.00 64.59 75.07 63.99 62.90

Competitive Comparison of TE Connectivity's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, TE Connectivity'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.


TE Connectivity's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TE Connectivity's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TE Connectivity 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, TE Connectivity'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)
=101.006/107.3549*107.3549
=101.006

Current CPI (Mar. 2024) = 107.3549.

TE Connectivity Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.130 101.517 25.518
201409 25.826 101.247 27.384
201412 29.747 100.704 31.712
201503 34.683 100.339 37.108
201506 35.167 100.464 37.579
201509 47.478 99.785 51.080
201512 44.299 99.386 47.851
201603 38.304 99.475 41.338
201606 39.694 100.088 42.576
201609 38.847 99.604 41.870
201612 41.687 99.380 45.032
201703 38.523 100.040 41.340
201706 42.584 100.285 45.586
201709 43.423 100.254 46.499
201712 45.155 100.213 48.373
201803 44.328 100.836 47.194
201806 51.368 101.435 54.366
201809 64.534 101.246 68.428
201812 58.570 100.906 62.313
201903 56.897 101.571 60.137
201906 60.871 102.044 64.039
201909 64.972 101.396 68.791
201912 64.784 101.063 68.817
202003 66.901 101.048 71.077
202006 71.036 100.743 75.698
202009 76.617 100.585 81.774
202012 76.623 100.241 82.061
202103 82.446 100.800 87.808
202106 76.870 101.352 81.423
202109 85.826 101.533 90.748
202112 95.576 101.776 100.816
202203 80.484 103.205 83.720
202206 82.189 104.783 84.206
202209 89.036 104.835 91.176
202212 94.090 104.666 96.507
202303 90.989 106.245 91.940
202306 87.659 106.576 88.300
202309 91.426 106.570 92.100
202312 104.007 106.461 104.880
202403 101.006 107.355 101.006

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


TE Connectivity  (BSP:T1EL34) 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.

TE Connectivity's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=301.62/62.9
=4.80

* 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 TE Connectivity was 6.61. The lowest was 2.46. And the median was 4.26.


Be Aware

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


TE Connectivity Cyclically Adjusted Book per Share Related Terms

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


TE Connectivity (BSP:T1EL34) Business Description

Industry
Traded in Other Exchanges
Address
Muhlenstrasse 26, Schaffhausen, CHE, CH-8200
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

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