GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Vista Outdoor Inc (FRA:5VO) » Definitions » Cyclically Adjusted Book per Share

Vista Outdoor (FRA:5VO) Cyclically Adjusted Book per Share : €20.83 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Vista Outdoor 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.

Vista Outdoor's adjusted book value per share for the three months ended in Mar. 2024 was €17.792. 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 €20.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vista Outdoor's average Cyclically Adjusted Book Growth Rate was 2.80% 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.

As of today (2024-06-01), Vista Outdoor's current stock price is €31.45. Vista Outdoor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.83. Vista Outdoor's Cyclically Adjusted PB Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vista Outdoor was 1.58. The lowest was 1.09. And the median was 1.30.


Vista Outdoor Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vista Outdoor'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.

Vista Outdoor Cyclically Adjusted Book per Share Chart

Vista Outdoor Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 19.41 20.83

Vista Outdoor 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 19.41 20.35 20.96 20.01 20.83

Competitive Comparison of Vista Outdoor's Cyclically Adjusted Book per Share

For the Leisure subindustry, Vista Outdoor'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.


Vista Outdoor's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vista Outdoor's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vista Outdoor 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, Vista Outdoor'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)
=17.792/131.7762*131.7762
=17.792

Current CPI (Mar. 2024) = 131.7762.

Vista Outdoor Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.445 100.560 14.998
201409 12.118 100.428 15.901
201412 11.521 99.070 15.324
201503 23.851 99.621 31.549
201506 23.621 100.684 30.915
201509 23.662 100.392 31.059
201512 24.616 99.792 32.506
201603 24.510 100.470 32.147
201606 24.562 101.688 31.830
201609 25.574 101.861 33.085
201612 20.655 101.863 26.721
201703 20.418 102.862 26.157
201706 19.829 103.349 25.283
201709 17.190 104.136 21.753
201712 18.146 104.011 22.990
201803 17.192 105.290 21.517
201806 17.470 106.317 21.653
201809 17.560 106.507 21.726
201812 10.178 105.998 12.653
201903 9.340 107.251 11.476
201906 9.118 108.070 11.118
201909 9.247 108.329 11.248
201912 9.402 108.420 11.427
202003 6.900 108.902 8.349
202006 7.486 108.767 9.070
202009 8.375 109.815 10.050
202012 9.285 109.897 11.134
202103 10.571 111.754 12.465
202106 11.550 114.631 13.277
202109 13.873 115.734 15.796
202112 16.124 117.630 18.063
202203 18.201 121.301 19.773
202206 20.909 125.017 22.040
202209 24.094 125.227 25.354
202212 23.705 125.222 24.946
202303 18.518 127.348 19.162
202306 18.779 128.729 19.224
202309 19.781 129.860 20.073
202312 17.085 129.419 17.396
202403 17.792 131.776 17.792

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


Vista Outdoor  (FRA:5VO) 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.

Vista Outdoor's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.45/20.83
=1.51

* 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 Vista Outdoor was 1.58. The lowest was 1.09. 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.


Vista Outdoor Cyclically Adjusted Book per Share Related Terms

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


Vista Outdoor (FRA:5VO) Business Description

Traded in Other Exchanges
Address
1 Vista Way, Anoka, MN, USA, 55303
Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company organizes itself into two segments: Shooting sports and Outdoor products. Shooting sports, which contributes the largest proportion of company revenue, includes ammunition, long guns, and related equipment under brands such as Federal Premium, Blackhawk, and Hoppe's. Outdoor products include archery and hunting accessories, eyewear, golf products, hydration products, and stand-up paddle boards under brands including CamelBak and Bushnell. The company derives the vast majority of revenue domestically.

Vista Outdoor (FRA:5VO) Headlines

No Headlines