GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Greenbrier Companies Inc (FRA:G90) » Definitions » Cyclically Adjusted Book per Share

Greenbrier (FRA:G90) Cyclically Adjusted Book per Share : €36.00 (As of Feb. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Greenbrier 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.

Greenbrier's adjusted book value per share for the three months ended in Feb. 2024 was €38.708. 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 €36.00 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Greenbrier's average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Greenbrier was 13.10% per year. The lowest was 2.10% per year. And the median was 7.20% per year.

As of today (2024-06-09), Greenbrier's current stock price is €46.20. Greenbrier's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €36.00. Greenbrier's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Greenbrier was 4.92. The lowest was 0.49. And the median was 1.60.


Greenbrier Cyclically Adjusted Book per Share Historical Data

The historical data trend for Greenbrier'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.

Greenbrier Cyclically Adjusted Book per Share Chart

Greenbrier Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.28 23.51 27.31 37.16 36.09

Greenbrier Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 34.30 36.65 36.09 35.69 36.00

Competitive Comparison of Greenbrier's Cyclically Adjusted Book per Share

For the Railroads subindustry, Greenbrier'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.


Greenbrier's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Greenbrier's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Greenbrier 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, Greenbrier's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=38.708/130.9299*130.9299
=38.708

Current CPI (Feb. 2024) = 130.9299.

Greenbrier Quarterly Data

Book Value per Share CPI Adj_Book
201405 12.610 100.373 16.449
201408 14.035 100.352 18.312
201411 15.506 99.635 20.376
201502 18.057 99.032 23.873
201505 20.805 100.333 27.150
201508 22.766 100.548 29.645
201511 25.158 100.135 32.895
201602 25.715 100.040 33.655
201605 26.333 101.355 34.017
201608 27.651 101.617 35.627
201611 28.780 101.829 37.005
201702 31.148 102.779 39.679
201705 31.314 103.256 39.707
201708 30.255 103.587 38.241
201711 30.652 104.072 38.562
201802 30.882 105.052 38.489
201805 32.207 106.148 39.726
201808 33.630 106.383 41.390
201811 34.211 106.338 42.123
201902 34.224 106.649 42.016
201905 34.741 108.048 42.098
201908 35.329 108.245 42.733
201911 35.588 108.519 42.938
202002 36.140 109.139 43.356
202005 36.208 108.175 43.824
202008 33.412 109.662 39.892
202011 33.001 109.793 39.354
202102 31.959 110.968 37.708
202105 32.709 113.576 37.707
202108 34.310 115.421 38.920
202111 33.303 117.269 37.182
202202 33.863 119.703 37.039
202205 36.879 123.323 39.154
202208 38.656 124.958 40.504
202211 37.878 125.607 39.483
202302 36.978 126.928 38.144
202305 36.453 128.314 37.196
202308 37.256 129.538 37.656
202311 37.862 129.548 38.266
202402 38.708 130.930 38.708

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


Greenbrier  (FRA:G90) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46.20/36
=1.28

* 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 Greenbrier was 4.92. The lowest was 0.49. And the median was 1.60.


Be Aware

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


Greenbrier Cyclically Adjusted Book per Share Related Terms

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


Greenbrier (FRA:G90) Business Description

Industry
Traded in Other Exchanges
Address
One Centerpoint Drive, Suite 200, Lake Oswego, OR, USA, 97035
Greenbrier Companies Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe, marine barges in North America and provides wheel services, railcar refurbishment, and parts, leasing and other services to the railroad. Its segments include Manufacturing, Maintenance Services and Leasing & Management Services. The company generates a majority of its revenue from the manufacturing segment. Geographically, it derives a majority of revenue from the United States.

Greenbrier (FRA:G90) Headlines

No Headlines