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Standex International (FRA:9SI) Cyclically Adjusted Book per Share : €40.23 (As of Mar. 2024)


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What is Standex International 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.

Standex International's adjusted book value per share for the three months ended in Mar. 2024 was €48.423. 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 €40.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Standex International's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 Standex International was 11.60% per year. The lowest was 0.90% per year. And the median was 5.50% per year.

As of today (2024-06-08), Standex International's current stock price is €147.00. Standex International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €40.23. Standex International's Cyclically Adjusted PB Ratio of today is 3.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Standex International was 4.49. The lowest was 1.41. And the median was 3.32.


Standex International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Standex International'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.

Standex International Cyclically Adjusted Book per Share Chart

Standex International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.79 26.38 27.12 36.91 37.47

Standex International 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 36.29 37.47 40.03 38.76 40.23

Competitive Comparison of Standex International's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Standex International'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.


Standex International's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Standex International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Standex International 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, Standex International'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)
=48.423/131.7762*131.7762
=48.423

Current CPI (Mar. 2024) = 131.7762.

Standex International Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.840 100.560 25.999
201409 21.044 100.428 27.613
201412 22.200 99.070 29.529
201503 25.282 99.621 33.442
201506 24.549 100.684 32.130
201509 25.195 100.392 33.072
201512 26.471 99.792 34.955
201603 27.038 100.470 35.463
201606 25.978 101.688 33.665
201609 26.654 101.861 34.482
201612 28.348 101.863 36.673
201703 28.663 102.862 36.720
201706 28.723 103.349 36.624
201709 28.169 104.136 35.646
201712 27.987 104.011 35.458
201803 28.484 105.290 35.649
201806 30.371 106.317 37.644
201809 30.942 106.507 38.283
201812 31.771 105.998 39.498
201903 33.871 107.251 41.617
201906 33.314 108.070 40.622
201909 34.705 108.329 42.217
201912 35.587 108.420 43.253
202003 34.450 108.902 41.686
202006 33.502 108.767 40.589
202009 33.155 109.815 39.785
202012 33.619 109.897 40.312
202103 33.530 111.754 39.537
202106 34.899 114.631 40.119
202109 36.236 115.734 41.259
202112 38.488 117.630 43.117
202203 40.160 121.301 43.628
202206 39.950 125.017 42.110
202209 41.853 125.227 44.042
202212 42.240 125.222 44.451
202303 47.966 127.348 49.634
202306 47.737 128.729 48.867
202309 47.239 129.860 47.936
202312 48.295 129.419 49.174
202403 48.423 131.776 48.423

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


Standex International  (FRA:9SI) 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.

Standex International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=147.00/40.23
=3.65

* 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 Standex International was 4.49. The lowest was 1.41. And the median was 3.32.


Be Aware

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


Standex International Cyclically Adjusted Book per Share Related Terms

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


Standex International (FRA:9SI) Business Description

Traded in Other Exchanges
Address
23 Keewaydin Drive, Salem, NH, USA, 03079
Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.

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