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Zebra Technologies (BSP:Z1BR34) Cyclically Adjusted Book per Share : R$5.96 (As of Mar. 2024)


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What is Zebra 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.

Zebra Technologies's adjusted book value per share for the three months ended in Mar. 2024 was R$10.234. 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$5.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zebra Technologies's average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 Zebra Technologies was 21.90% per year. The lowest was 2.40% per year. And the median was 10.30% per year.

As of today (2024-05-17), Zebra Technologies's current stock price is R$52.40. Zebra Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$5.96. Zebra Technologies's Cyclically Adjusted PB Ratio of today is 8.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Zebra Technologies was 24.21. The lowest was 2.92. And the median was 7.99.


Zebra Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Zebra 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.

Zebra Technologies Cyclically Adjusted Book per Share Chart

Zebra Technologies 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 - 3.82 5.08 5.59 5.71

Zebra Technologies 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 5.70 5.32 5.66 5.71 5.96

Competitive Comparison of Zebra Technologies's Cyclically Adjusted Book per Share

For the Communication Equipment subindustry, Zebra 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.


Zebra Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Zebra 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, Zebra Technologies'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)
=10.234/131.7762*131.7762
=10.234

Current CPI (Mar. 2024) = 131.7762.

Zebra Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.539 100.560 2.017
201409 1.648 100.428 2.162
201412 1.773 99.070 2.358
201503 2.073 99.621 2.742
201506 1.895 100.684 2.480
201509 2.282 100.392 2.995
201512 2.215 99.792 2.925
201603 2.072 100.470 2.718
201606 1.797 101.688 2.329
201609 1.536 101.861 1.987
201612 1.674 101.863 2.166
201703 1.571 102.862 2.013
201706 1.691 103.349 2.156
201709 1.598 104.136 2.022
201712 1.721 104.011 2.180
201803 2.008 105.290 2.513
201806 2.512 106.317 3.114
201809 3.088 106.507 3.821
201812 3.208 105.998 3.988
201903 3.480 107.251 4.276
201906 3.703 108.070 4.515
201909 4.304 108.329 5.236
201912 4.659 108.420 5.663
202003 5.301 108.902 6.414
202006 5.848 108.767 7.085
202009 6.521 109.815 7.825
202012 6.877 109.897 8.246
202103 8.463 111.754 9.979
202106 8.126 114.631 9.341
202109 9.270 115.734 10.555
202112 10.530 117.630 11.796
202203 9.132 121.301 9.921
202206 8.138 125.017 8.578
202209 8.963 125.227 9.432
202212 9.287 125.222 9.773
202303 9.761 127.348 10.100
202306 9.430 128.729 9.653
202309 9.658 129.860 9.801
202312 9.651 129.419 9.827
202403 10.234 131.776 10.234

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


Zebra Technologies  (BSP:Z1BR34) 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.

Zebra Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.40/5.96
=8.79

* 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 Zebra Technologies was 24.21. The lowest was 2.92. And the median was 7.99.


Be Aware

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


Zebra Technologies Cyclically Adjusted Book per Share Related Terms

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


Zebra Technologies (BSP:Z1BR34) Business Description

Industry
Traded in Other Exchanges
Address
3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.

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