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GoPro (FRA:5G5) Cyclically Adjusted Book per Share : €3.11 (As of Mar. 2024)


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What is GoPro 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.

GoPro's adjusted book value per share for the three months ended in Mar. 2024 was €1.359. 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 €3.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GoPro's 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.

As of today (2024-06-09), GoPro's current stock price is €1.347. GoPro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.11. GoPro's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GoPro was 2.33. The lowest was 0.43. And the median was 1.30.


GoPro Cyclically Adjusted Book per Share Historical Data

The historical data trend for GoPro'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.

GoPro Cyclically Adjusted Book per Share Chart

GoPro 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 - - - 2.82 3.01

GoPro 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 2.85 2.94 3.04 3.01 3.11

Competitive Comparison of GoPro's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, GoPro'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.


GoPro's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



GoPro 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, GoPro'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)
=1.359/131.7762*131.7762
=1.359

Current CPI (Mar. 2024) = 131.7762.

GoPro Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.282 100.560 0.370
201409 2.163 100.428 2.838
201412 4.028 99.070 5.358
201503 4.838 99.621 6.400
201506 5.251 100.684 6.873
201509 5.382 100.392 7.065
201512 5.188 99.792 6.851
201603 4.416 100.470 5.792
201606 3.813 101.688 4.941
201609 3.218 101.861 4.163
201612 2.997 101.863 3.877
201703 2.376 102.862 3.044
201706 1.924 103.349 2.453
201709 1.956 104.136 2.475
201712 1.727 104.011 2.188
201803 1.185 105.290 1.483
201806 1.081 106.317 1.340
201809 0.985 106.507 1.219
201812 1.241 105.998 1.543
201903 1.145 107.251 1.407
201906 1.130 108.070 1.378
201909 0.768 108.329 0.934
201912 1.347 108.420 1.637
202003 1.083 108.902 1.310
202006 0.789 108.767 0.956
202009 0.809 109.815 0.971
202012 1.175 109.897 1.409
202103 1.158 111.754 1.365
202106 1.283 114.631 1.475
202109 3.025 115.734 3.444
202112 3.484 117.630 3.903
202203 3.423 121.301 3.719
202206 3.596 125.017 3.790
202209 3.937 125.227 4.143
202212 3.727 125.222 3.922
202303 3.504 127.348 3.626
202306 3.405 128.729 3.486
202309 3.446 129.860 3.497
202312 3.400 129.419 3.462
202403 1.359 131.776 1.359

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


GoPro  (FRA:5G5) 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.

GoPro's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.347/3.11
=0.43

* 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 GoPro was 2.33. The lowest was 0.43. And the median was 1.30.


Be Aware

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


GoPro Cyclically Adjusted Book per Share Related Terms

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


GoPro (FRA:5G5) Business Description

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3025 Clearview Way, San Mateo, CA, USA, 94402
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.

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