GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allane SE (FRA:LNSX) » Definitions » Cyclically Adjusted Book per Share

Allane SE (FRA:LNSX) Cyclically Adjusted Book per Share : €11.30 (As of Mar. 2024)


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

What is Allane SE 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.

Allane SE's adjusted book value per share for the three months ended in Mar. 2024 was €11.232. 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 €11.30 for the trailing ten years ended in Mar. 2024.

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 (2024-06-02), Allane SE's current stock price is €11.00. Allane SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.30. Allane SE's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Allane SE was 1.04. The lowest was 0.94. And the median was 0.98.


Allane SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Allane SE'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.

Allane SE Cyclically Adjusted Book per Share Chart

Allane SE 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 - - - - 11.19

Allane SE 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 - - - 11.19 11.30

Competitive Comparison of Allane SE's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, Allane SE'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.


Allane SE's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allane SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Allane SE 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, Allane SE'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)
=11.232/125.0381*125.0381
=11.232

Current CPI (Mar. 2024) = 125.0381.

Allane SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.543 0.000
201409 0.000 99.823 0.000
201412 0.815 99.543 1.024
201503 1.244 99.717 1.560
201506 8.061 100.417 10.037
201509 8.332 100.417 10.375
201512 8.653 99.717 10.850
201603 8.934 100.017 11.169
201606 8.833 100.717 10.966
201609 9.098 101.017 11.261
201612 9.445 101.217 11.668
201703 9.738 101.417 12.006
201706 9.561 102.117 11.707
201709 9.682 102.717 11.786
201712 9.951 102.617 12.125
201803 10.232 102.917 12.431
201806 10.036 104.017 12.064
201809 10.353 104.718 12.362
201812 10.559 104.217 12.668
201903 10.838 104.217 13.003
201906 10.593 105.718 12.529
201909 10.885 106.018 12.838
201912 11.143 105.818 13.167
202003 11.342 105.718 13.415
202006 10.340 106.618 12.126
202009 10.413 105.818 12.304
202012 10.354 105.518 12.269
202103 10.368 107.518 12.057
202106 10.415 108.486 12.004
202109 10.498 109.435 11.995
202112 10.647 110.384 12.061
202203 10.795 113.968 11.844
202206 10.842 115.760 11.711
202209 11.025 118.818 11.602
202212 11.063 119.345 11.591
202303 11.193 122.402 11.434
202306 11.189 123.140 11.361
202309 11.325 124.195 11.402
202312 11.445 123.773 11.562
202403 11.232 125.038 11.232

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


Allane SE  (FRA:LNSX) 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.

Allane SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.00/11.3
=0.97

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Allane SE was 1.04. The lowest was 0.94. And the median was 0.98.


Be Aware

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


Allane SE Cyclically Adjusted Book per Share Related Terms

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


Allane SE (FRA:LNSX) Business Description

Industry
Traded in Other Exchanges
Address
Dr. Carl von Linde Strage 2, Pullach, BY, DEU, 82049
Allane SE Formerly Sixt Leasing SE provides leasing solutions to private, corporate, fleet and international customers. It has two business segments: Leasing and Fleet management. Leasing segment consists of two business fields: Fleet leasing and retail leasing. The company mainly operates in Germany and other European markets.

Allane SE (FRA:LNSX) Headlines

No Headlines